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How Can I open My Own Ayurveda Pharma Marketing Company.

Query: I want to Know How Can I open My Own Ayurveda Pharma Marketing Company. MY Qualification is BEMS, DAP. I wanna start my own business with Ayurveda Product. Plz Guide me full. Response: For starting an ayurvedic marketing company, you need the following requirements: 1. Company Registration (Optional) 2. Goods and Service Tax Number (GSTIN) 3. FSSAI (Optional) By above licenses and registrations, you can set-up your own ayurvedic products marketing company. After setting up an ayurvedic marketing company, you can proceed with the following steps: 1. Contact an ayurvedic third party manufacturer 2. Send products you want to get manufactured 3. Ask for rates 4. Finalize rates, packaging, minimum order qty, payment term etc 5. Finalize brand names for your products 6. After finalizing deal, proceed for designing and printing part 7. Now your products will be manufactured by ayurvedic manufacturers. 8. After manufacturing done, you will receive goods 9. Now you can start marketing of

How to start Homoeopathic Medicines Distribution and retail Business?

License Required

A license to sell, stock or exhibit or offer for sale or distribute Homoeopathic medicines by retail or by wholesale is required in Form 20C or 20D.

Licensing Authority:

Licensing authority is appointed by state government for granting license for homoeopathic medicine's manufacturing, distribution and retail. Homoeopathic medicines are fall under ayush department hence most generally ayush licensing authority is worked as licensing authority for granting license to homoeopathic medicines also.

Documents required:

  • Prescribed Fee receipt
  • Application on Form-19B
  • Firm constitution detail i.e. proprietorship, partnership, company etc.
  • Competent person related details i.e. qualification documents and experience certificate etc.
  • Owner/Partners/Director related details
  • Premises related details i.e. rent agreement, ownership proof etc.

Competent person qualification:

A competent person is the person who is in the opinion of the Licensing Authority competent to deal in Homoeopathic medicines:

Conditions to be satisfied:

  • The premises where the Homoeopathic medicines are stocked for sale or sold are maintained in a clean condition.
  • The sale of Homoeopathic medicines shall be conducted under the supervision of a person, competent to deal in Homoeopathic medicines.
  • The licensee shall permit an Inspector to inspect the premises and furnish such information as he may require for ascertaining whether the provisions of the Act and the Rules made thereunder have been observed.
  • The licensee in Form 20D shall maintain records of purchase and sale of Homoeopathic medicines containing alcohol together with names and addresses of parties to whom sold.
  • The licensee in Form 20C shall maintain records of purchase and sale of Homoeopathic medicines containing alcohol. No records of sale in respect of Homoeopathic potentised preparation in containers of 30 ml. or lower capacity and in respect of mother tinctures made up in quantities up to 60 ml. need be maintained.
  • The licensee shall maintain an Inspection Book in Form 35 to enable an Inspector to record his impressions and the defects noticed.

Conclusion:

After taking homoeopathic medicine distribution or retail license, you can start your own homoeopathy business in wholesale and retail.

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