The answer will be different for each individual. It is best to first find out what the cause is and treat it. Generally, a healthy lifestyle and good frame of mind promotes sexual performance.
Thank you for creating this detailed video. How do one go about securing or registering a location e.g a land to be used to start a pharmacy in future. The structure still has to be built, but I do not want to run into an issue where potentially another pharmacy may open near especially since PCN requires pharmacies to be at least 200 metres apart. Thanks
Whether u want to build or rent, u just need to look around the area and find where other pharmacies are located. Ensure that the building site or shop is at least 200 meters away from them
Thank you very much. Can retail pharmacy expand to wholesale at the same facility like upstairs ? To run both retail and wholesale? Thank you. 2. Can a certified pharmacist who attend only three years of diploma be a superintendent with out NYSC sertificate? Thank you one again
Hi want to start a phamarcy business but i don't have the necessary qualifications. Is it possible to find a qualified phamarcy who can work for me possibly use he's licensed to registered the business. My budget is about 10 millions and above.
@carezonepharm thank you for this information. What about if l don't want to partner with anyone, but just to open a pharmacy and employed those that are qualified and manager too, what do you have to say regarding this? Because I wouldn't want to partner or someone having shares from my business, what about if the person decides to claim everything!! Your response would awesomely appreciated.
To have a successful Partnership, you can protect your interests by ensuring that your Pharmacist is Registered by the Pharmaceutical Council and is of good standing in the industry. You will also provide legal contract documents for your partnership, duly signed and witnessed by both parties. A good legal backing should be sufficient.
Hi Charlotte, this is correct. The Pharmacist Director will have a legal agreement with the owner of the business and must have up to 51% shareholding. The idea is that only pharmacist is authorized to open a retail outlet but if a non-pharmacist is involved, the Pharmacist should still have upper hand. Hope you understand.
Thanks for the video. Please can you tell me the amount range a pharmacist can change me for helping me do the registration? Aside from the dues and registration charges
Hi Bem, the remuneration for the pharmacist largely depends on negotiations between both parties. The minimum monthly pay is around 170,000NGN. Experienced Pharmacists will charge higher. Note that the Pharmacist will be working at the registered premises to run the day to day affairs of the Pharmacy.
There is a proximity mark of at least 200m given during inspection before opening a pharmacy, from one pharmacy to another. How do we know the rough estimate of the distance? Before paying for the rent, and failing the inspection.
There are many factors that determine how good a location will be. It is viewed from both the business and regulatory angle. You want a location that meets the requirements outlined in the video for regulatory purposes. You also want a location that enjoys a lot of traffic and is easily accessible to people.
In the CAC registration, both your names will be on the documents. the Pharmacist will have a larger portion of the Shares while you own a smaller percentage, say for example, 70:30. This is because by law, only a Pharmacist is allowed to own a Pharmacy Business. The Pharmacist knows that all the money to start and run the business and even to pay him or her comes from you. So you can engage a lawyer that is experienced in this area to put partnership agreements in place.
Hi Ifeanyi, the cost will depend on the cost of rent at the proposed location and your desired startup size. Anything from 3M and above may be OK for a start. But remember that the rising cost of medicines and other things generally might affect your budget.
Hi Mark, this will depend on the cost of rent at the proposed location and your desired start up size. Anything from N3m and above might be fine for a start. Also factor in the rising cost of medicines and other things in Nigeria generally.
The same guidelines for a non-Pharmacist will apply for a Pharmacy Technician. However, you have an advantage because you are not new to the field of retail Pharmacy. However, you will need to partner with a Pharmacist as shown in the Video
It depends on a lot of factors such as the cost of medicines, the cost of rent at the chosen location, your taste of interior furnishing, cost of registration and licensing, cost of employee recruitment, etc. To start with, maybe 5 - 10 Million Naira and above.
For a Patent Medicine Store, the NAPPMED will provide all the necessary assistance including the information about your obligations to the Pharmacists Council of Nigeria. But for a Retail Pharmacy, you will work directly with the Pharmacists Council. If you are not a Pharmacist, your Pharmacist will do the leg work while you give him or her the necessary support.
Please can someone open a retail pharmacy after studying pharmaceutical Science, because pharmaceutical science course in the uk focus more on drug production and manufacturing unlike pharmacy that focus more on the prescriptions. And also can someone be a fully licensed pharmacist in Nigeria with BSc pharmaceutical science. Thank you
Hello Usman, the answer to all the questions is no. Only those who studied Pharmacy and have the degree, B.Pharm. will be licensed and can open a retail pharmacy. But people who studied Pharmaceutical Sciences can work in Pharma manufacturing, research, academics, etc
1.Please what is the total cost of registering with NAFDAC, NDLEA, PSN and obtaining PCN license? Will 3million naira be enough to start and run a standard pharmacy ? Thanks.
Hi Ifeatu, you don't need to register with NAFDAC, or NDLEA. Those are just agencies that will be monitoring your activities as a retail Pharmacy store from time to time. You only need to register with PSN and PCN. 3 million may be a good start but this will depend largely on the cost of shop rental your location. If you are not a Pharmacist, you will have to pay the pharmacist as well. Also remember, you need to furnish the shop, pay utilities, and stock the shop.
very detailed and informative. Thank you
You did a great work here ma. Thanks so much
thank you much for the teaching i got a lot of value from it
This video is very informative. Thank you very much ❤
A video on wholesale/dstributorship pharmacy and pharmaceutical manufacturing will be great.
Thanks, I will do. Watch this space.
You are a good teacher, I do appreciate this video, very detailed and informative. Thanks a lot
thanks so much Chiamaka!
Very true. Thank you
Zambia 🇿🇲 is in the house
Pls, I will need your number.
Thank you for your teaching
The answer will be different for each individual. It is best to first find out what the cause is and treat it. Generally, a healthy lifestyle and good frame of mind promotes sexual performance.
Thank you for creating this detailed video. How do one go about securing or registering a location e.g a land to be used to start a pharmacy in future. The structure still has to be built, but I do not want to run into an issue where potentially another pharmacy may open near especially since PCN requires pharmacies to be at least 200 metres apart. Thanks
Whether u want to build or rent, u just need to look around the area and find where other pharmacies are located. Ensure that the building site or shop is at least 200 meters away from them
Very detailed and clear information. Thank you so much.
thanks. glad u liked it
@@carezonepharmplz how much can I start off with . I mean retail pharmacy
Very helpful, thank you.
God bless
thanks so much. I am glad you liked the video
@@carezonepharm The video was excellent! It was a great eye opener. I pray and look forward to a follow up on actually running a pharmacy.
Nice one
Thanks so much Ma. I am glad you like it
Hello. Thanks for the video. After the approval letter is ready after final inspection, when possible will premise license be issued?
Nicely detailed video.
thanks. I am glad you found it helpful
Thank you very much.
Can retail pharmacy expand to wholesale at the same facility like upstairs ? To run both retail and wholesale?
Thank you.
2. Can a certified pharmacist who attend only three years of diploma be a superintendent with out NYSC sertificate?
Thank you one again
Answer is No in both cases.
Please ma i really want u to talk about pharmacy technician, a pharmacist technician that wants to open a drug shop how do i go about it,
Thank you for this.
Thank you for watching. please share to help others learn.
Hi want to start a phamarcy business but i don't have the necessary qualifications. Is it possible to find a qualified phamarcy who can work for me possibly use he's licensed to registered the business. My budget is about 10 millions and above.
Thinks Mama i am interested
@carezonepharm thank you for this information. What about if l don't want to partner with anyone, but just to open a pharmacy and employed those that are qualified and manager too, what do you have to say regarding this? Because I wouldn't want to partner or someone having shares from my business, what about if the person decides to claim everything!! Your response would awesomely appreciated.
To have a successful Partnership, you can protect your interests by ensuring that your Pharmacist is Registered by the Pharmaceutical Council and is of good standing in the industry. You will also provide legal contract documents for your partnership, duly signed and witnessed by both parties. A good legal backing should be sufficient.
Hi,
Please do you do pharmacy consulting? If so, how can you be reached? Thank you.
Thank you for the lecture. I read that a pharmacy director is meant to have 51% of the shares legally. Can you through more light on this. Thank you.
Hi Charlotte, this is correct. The Pharmacist Director will have a legal agreement with the owner of the business and must have up to 51% shareholding. The idea is that only pharmacist is authorized to open a retail outlet but if a non-pharmacist is involved, the Pharmacist should still have upper hand. Hope you understand.
How can I get you contact for more information on wholesale ?@@carezonepharm
Thanks for the video. Please can you tell me the amount range a pharmacist can change me for helping me do the registration? Aside from the dues and registration charges
Hi Bem, the remuneration for the pharmacist largely depends on negotiations between both parties. The minimum monthly pay is around 170,000NGN. Experienced Pharmacists will charge higher. Note that the Pharmacist will be working at the registered premises to run the day to day affairs of the Pharmacy.
Wow I so much love the business but am not graduate how will do
Hi Glory, thanks. Just follow the steps in the video.
Hello ma, does the pharmacist on the board need to have the controlling shares or a higher percentage of shares or can he just be on the board?
Please what can you advise me I want to study pharmacy,is it a good choice or should I go for course like nursing or optometrist
There is a proximity mark of at least 200m given during inspection before opening a pharmacy, from one pharmacy to another.
How do we know the rough estimate of the distance?
Before paying for the rent, and failing the inspection.
Hi Beverly, you can estimate with distance of 2 NEPA Poles. Hope u understand. Thanks
This is helpful,thanks a lot!
Thank you for this elaborate video. My question is: can the pharmacist who is a partner in the business also be the superintendent pharmacist?
Yes he can.
What best describes a good location for this business?
There are many factors that determine how good a location will be. It is viewed from both the business and regulatory angle. You want a location that meets the requirements outlined in the video for regulatory purposes. You also want a location that enjoys a lot of traffic and is easily accessible to people.
I want invest in pharmacy for people to run it while I'm focused on my main job, how do I go about it?
Thank you for this masterpiece 👏👏🙌
thanks so much. glad you found it helpful
Thanks for this,but the pharmacist I got told me that that at the point of cac,his name alone should be on the CAC,can you help me on this
In the CAC registration, both your names will be on the documents. the Pharmacist will have a larger portion of the Shares while you own a smaller percentage, say for example, 70:30. This is because by law, only a Pharmacist is allowed to own a Pharmacy Business. The Pharmacist knows that all the money to start and run the business and even to pay him or her comes from you. So you can engage a lawyer that is experienced in this area to put partnership agreements in place.
Please How much will it cost to register with PSN and PCN.
There are various fees to be paid to PCN and PSN, all these fees will not cost more than 150k NGN.
Who is the right people to approve normal chemist store , is it the PCN or Nappmed? Chemist union? Please I need urgent response
The PCN Approves. However, there must be an initial "'approval'' by NAPPMED. So work with NAPPMED first. They will guide you through the process.
Please how much does it cost to set up a pharmacy store in Awka, Anambra State
Hi Ifeanyi, the cost will depend on the cost of rent at the proposed location and your desired startup size. Anything from 3M and above may be OK for a start. But remember that the rising cost of medicines and other things generally might affect your budget.
Good day,
How much can open a standard pharmacy retail store in Nigeria
Hi Mark, this will depend on the cost of rent at the proposed location and your desired start up size. Anything from N3m and above might be fine for a start. Also factor in the rising cost of medicines and other things in Nigeria generally.
Please a pharmacy technician open a pharmacy store
And how can I. Go about it
The same guidelines for a non-Pharmacist will apply for a Pharmacy Technician. However, you have an advantage because you are not new to the field of retail Pharmacy. However, you will need to partner with a Pharmacist as shown in the Video
Plz how much is good to start off with
It depends on a lot of factors such as the cost of medicines, the cost of rent at the chosen location, your taste of interior furnishing, cost of registration and licensing, cost of employee recruitment, etc. To start with, maybe 5 - 10 Million Naira and above.
Can I only register to napmed then others coming to me for the remaining necessary registration till, am settled..??🙄
For a Patent Medicine Store, the NAPPMED will provide all the necessary assistance including the information about your obligations to the Pharmacists Council of Nigeria. But for a Retail Pharmacy, you will work directly with the Pharmacists Council. If you are not a Pharmacist, your Pharmacist will do the leg work while you give him or her the necessary support.
Can a registered nurse own a pharmacy in Nigeria!
Only by following the procedure outlined in the video.
How much will it cost a non pharmacist to open a pharmacy store.
Please look out for my video on this!
How long does it take for the licensing bodies to approve your location and everything?
well, a couple of months for the whole process.
Please can someone open a retail pharmacy after studying pharmaceutical Science, because pharmaceutical science course in the uk focus more on drug production and manufacturing unlike pharmacy that focus more on the prescriptions. And also can someone be a fully licensed pharmacist in Nigeria with BSc pharmaceutical science. Thank you
Hello Usman, the answer to all the questions is no. Only those who studied Pharmacy and have the degree, B.Pharm. will be licensed and can open a retail pharmacy. But people who studied Pharmaceutical Sciences can work in Pharma manufacturing, research, academics, etc
Am a physiologist..can I open a pharmacy retail outlet legally and if possible how can I go about it pls?
Hi Mustapha, please watch this video to know how to go about it
ruclips.net/video/uZCk1fhMym0/видео.html
Can i start selling after location inspection has been done? Its taking quite long for them to come premises inspection
Yes you can. Ensure your Pharmacist is always there to run the daily affairs of the business. Council inspectors may visit from time to time
Please how much is location inspection?
it's ₦10,000.
Please can one pharmacist license register more than 1 pharmacy
Hi Rose, No. Even if your Pharmacy grows to have many branches, each branch must be registered by a different Pharmacist
Can a registered nurse own a pharmacy
Yes but he or she still needs a pharmacist
Correct.
In summary all these will cost what amount to a nonpharmacist?😊
Depends. A few millions of Naira depending on the size, location and many other factors.
Grace good morning
I need ur support
Hello George, how may I be of help? Thanks for watching
Hello ,I will like to consult you for location approval
ok. No problem
Kindly let me know how to contact you
@@carezonepharm I'm waiting for your response on means to contact you
@@adewaleadeyemi6934 08154445414
1.Please what is the total cost of registering with NAFDAC, NDLEA, PSN and obtaining PCN license?
Will 3million naira be enough to start and run a standard pharmacy ?
Thanks.
Hi Ifeatu, you don't need to register with NAFDAC, or NDLEA. Those are just agencies that will be monitoring your activities as a retail Pharmacy store from time to time.
You only need to register with PSN and PCN.
3 million may be a good start but this will depend largely on the cost of shop rental your location. If you are not a Pharmacist, you will have to pay the pharmacist as well.
Also remember, you need to furnish the shop, pay utilities, and stock the shop.
Please how can I get your contact
hi Grace! I've just found your video and wrote an email to you. Please check your mail ("Cooperation in pharmacy Business Nigeria")
Well done job ma frm gbemisola g/s
Thanks so much. Regards.