Are you planning to venture into drugstore business? I found some tips and guides on forums that might help you decide. Read on.

Magandang umaga po sa lahat ng kapwa ko entrepinoy. May konti po akong ibabahagi sa inyo regarding drugstore business para mapag aralan po ninyo ang ganitong uri ng negosyo. Ito po ay mula sa experience namin bilang distributor mula sa aming 200+ na clients (clinics, government, doctors, botika, med reps, etc.) na patuloy na nag titiwala sa amin bilang may-ari ng 3 botika.”

Sa ganito pong business ang capital ranging from Php 50k+ depende po sa dami ng merchandise na ibebenta ninyo at kung malaking botika ang i-establish ninyo. Kami po kasi ay me experience na kapag kumikita ka na ng 2k/day (60k/month) sa botika po namin ay ok na yun sa amin. Maliit na botika o drugstore siguro 15 sq.m. lang ang area nya basta maayos ang location.

Sa business na ito, marami po tayong dapat i-consider at ipa-process (normal po yan):

1. Business name at iba pang dokumento – sa DTI po yan. Requirements:

  • business name
  • 2pcs 2×2 colored pics
  • TIN and fee.

2. Mayor’s permit – requirements:

  • application form,
  • DTI business name certificate,
  • location,
  • pictures,
  • fee – medyo malaki depende sa municipality, and fire protection

3. TIN, sa BIR po yan – requirements:

  • fee
  • form 1901
  • Mayor’s permit

4. SSS R1, mas mabilis po sa main branch – requirements:

  • R1 form
  • DTI business permit
  • Mayor’s permit

5. DOLE – requirements:

  • Rule 1020 form
  • layout
  • vicinity map

6. BFAD – requirements:

  • Mayor’s notarized petition form
  • list of products
  • at least 15SQM ang required na space
  • reference books e.g. MIMS (libro po yan, meron sa National Bookstore. Free lang yan kapag member ka ng Drugstore Association of the Philippines) o kahit ano na i-require nila sa inyo
  • prescription book (BFAD)
  • generic white label
  • dry seal o logo ninyo
  • Pharmacist Registration Certificate
  • Certificate of business registration with BTNRCP
  • contract of lease
  • pictures ng drugstore with signboard (sure na po ang inyong approval kasi mahirap ng palitan ang signboard – Php10k po yan depende sa klase)
  • location plan at floor plan with dimension

7. Others:

  • Dapat may kakilala kayong accountant (cpa po ha) na siyang magkukwenta ng inyong finances, at mga taxes na babayaran sa BIR. Marami po dyan.
  • Experienced pharmacist – ask nyo na lang po sa kanila kung deal o no deal
  • Sales Clerk minimum of 2 (may experience at isang trainee). Medyo mahirap mag handle ng ng staff, dapat personal na management na po yan. Dapat alam nyo ang business kahit sa pinakamaliit na detalye lalo na ang nasa isip nila para ma-reduce and blindspot sa side ninyo.
  • Rent expenses at insurance lalo na ang building. May maganda, prime location (10k+ advances na talagang mostly non-refundable), may ok lang (10k below), may pwede na (5k below) at may libre kung sa inyo ang lugar. Basta po important factor and location, location, location!
  • Dapat may mga agent kayo na mapagkakatiwalaan na syang mag aasikaso ng business permits, renewals, etc. kung busy kayo. Di kayo lugi dun at worth ang kanilang service.
  • Inventory – nandyan ang buhay.
  • About the feasibility study, kayo na ang bahala, alamin nyo ang community needs ng locations.

Jeff, who posted the above tips in one of the forums, is also a medical distributor of branded and generic drugs from local and international manufacturers like Unilab, Lloyd, etc. You can e-mail him at sweetangel_ni_jeff@yahoo.com for your inquiries.

picture courtesy of www.bohol.ph

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70 Responses
  1. Christine Dela Paz says:

    To the Administrator,

    I’d like to get your name & contact number so we could talk together with my lawyers. This is regarding the irresponsible comment of a certain “Myrna” who wrote on your site thet “we are the biggest cheaters”. The comment was sent last July 13, 2009. Having worked so hard to established our business for almost 5 years now and has never done anything that could anyone say that we have cheated them. We are a legitimate business and it’s your responsiblity as well to check the comments being posted on your website. Please get in touch with me as soon as possible through this number: 09176164841, (02)5208461.

    Please remove/delete the derogatory remarks about us as soon as possible or I will file legal case against your website as well.

    Thank you,

    Christine Dela Paz

  2. ces says:

    hello, i am a licensed pharmacist. i am planning to open my own pharmacy but i am opting also to franchise from the generics pharmacy. somebody help me which is better.. thank you.

    • MYRNA says:

      offending remark has been removed on your comment. please be careful next time.
      - admin

      • Christine Dela Paz says:

        Myrna,

        I am the owner of Johnston Pharmacy, I challenge you to reveal who you are since you have already committed in writting your false allegation about my company. Obviously your being paid by generics pharmacy to say things like that. Now I challenge you to see us in court…”best cheaters”? Your ignorant and irresponsible comment will cause you your life savings because I’m gping to sue you. And to that administrator of this website, could you please police anf filter the comments published on your website.

        Christine Dela Paz
        CEO/President
        Johnston Pharmacy

  3. dqar says:

    hello everyone, can you please refer a licensed pharmacist for the drugstore that i am planning to put up in Quezon City. Thanks

  4. JANE COLONGON says:

    Hi,

    good day!
    We are currently looking for a firm or a professionals who are rendering services like the processing of LTO & BFAD approvals of our imported products.
    Please help we are willing to pay the right amount of charges.
    please contact us at 7065480/4734306 and look for JANE COLONGON
    Thank you so much.

  5. mae flotildes says:

    hi there, i just wanna ask if somebody knows a licensed/registed pharmacist, we are looking for a pharmacist preferably someone who can work in laguna for our import cosmetic business for interested applicants kindly text us at 09276628143 or email us at maeflotildesrm@yahoo.com Thank you! Fresh Graduates who passed the board are welcome to apply :)

  6. i need details on opening up a generic pharma and meds supply store. please email me advices including financial figures on capitals. i have a very minimal amount. thanks

  7. amor gulinao says:

    MEDEX PHARMA ang company name nmin

  8. amor gulinao says:

    nagwowork ako s isang pharmaceutical company wholesaler distributor po kmi sa mga interesado e2 contact# ko 09065300830

  9. kaye says:

    ..hi, i would lyk to ask kung pano po pwde mapagsama ang cosmetics,food stuff, sa drugstore in one license. ex. mercury..
    tnx..

  10. prodline says:

    we are a medical supplies distributor. i can supply you with various products for your drugstore including medicines …if you are seriously considering a drugstor email us at prodline_enterprises@yahoo.com

  11. joey says:

    We are planning to put up a drugstore chain. we need a comprehensive Feasibility Studies to guide us in the implementation of the project. Can anyone help?

  12. may says:

    hi, im planning to put up a pharmacy by next year. and i need tips for starting up the business.

  13. Earl_rx says:

    Im putting up one too sa province. Im looking for distributors here in the metro too and I’ll just have it shipped. The pharmacist I am, I have no idea how to manage a drugstore and all those accounting stuff. I hope to learn something from this site. Goodluck to all.

  14. Roy says:

    Hello All A team of experts is launching a drugstore franchise hopefully nextyear after ma launch yung model drugstore nya. It will be available for franchise at 250k all in unlike sa iba franchise plus “investment capital” ang requirements but with us 250k lang.

    Siguro sa inyo ang construction, register ng local permits, and other minor things kase mura na nga ang franchise plus start up capital na ytung coverage ng 250k

    Currently inaayos pa yung inventory automation. those interested to know more about this franchise text me at 09189431556

  15. Mike F. says:

    Hi everyone, I’m planning to put a pharmacy in our area. Can anyone help me, I need more tips and advice from experienced owner of drugstores. I’m willing to learn all the in and outs of this business. Doon sa ma may drugstore na pls text me at 0918-4489812. I’m also looking for a distributor of medicines both generic and branded. I’m hoping for a reply soon. Thanks a lot.

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