Generic Aadhaar is a growing pharmacy chain that offers franchise opportunities to entrepreneurs who wish to join their network. With its presence in more than 200 cities across India, Generic Aadhaar offers a platform for aspiring business owners to start their own pharmacy franchise. With low investment and minimal paperwork, one can easily become a part of the Generic Aadhaar franchisee network. With access to a strong network of suppliers, Generic Aadhaar provides its franchisees with the finest products and services at affordable prices. Generic Aadhaar is committed to providing its franchisees with the highest quality products and services at competitive prices. With the right mix of dedication and hard work, it is the right choice for aspiring entrepreneurs who wish to take their businesses to the next level.
Did you know that the Generic Aadhaar Franchise was founded in 2018 by Arjun Deshpande?
What is a Generic Aadhaar Franchise?
A Generic Aadhaar Franchise is a business opportunity offered by the Indian Government to businesses in the pharmaceutical industry. This business opportunity allows companies to become a franchisee of the government's Aadhaar program and operate a pharmacy chain that offers generic drugs at affordable prices. Generic drugs are those that are not branded and are less expensive than branded varieties.
The Generic Aadhaar Franchisee Program is open to all businesses that meet the required criteria and have the necessary infrastructure to support it. The franchisee will be responsible for providing the necessary infrastructure for the program, such as store setup, training staff, and providing a complete end-to-end solution for customers. The franchisee will also be responsible for marketing and promoting the program, as well as setting up their own payment gateway.
Cost of Starting a Generic Aadhaar Franchise
The cost of starting a Generic Aadhaar franchise is an investment that must be carefully considered. The cost of a Generic Aadhaar franchise can range from around ₹1.5 lakhs to ₹2.5 lakhs. This cost is usually used to cover the cost of the necessary infrastructure and other equipment that may be needed. It is also used to cover the cost of the franchise fee and other associated costs. Additionally, the cost of a Generic Aadhaar franchise may also include training and marketing costs.
Also Read: Guide to Linking PAN Card With Aadhaar Card Online Within Deadline
How to Plan your Investment for Starting a Generic Aadhaar Franchise?
To start a Generic Aadhaar franchise, the investor must make an initial investment of ₹20,000 to ₹50,000 and take note of the points given below.
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The franchise fee is a one-time cost that covers the cost of the franchise, such as training and marketing.
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The cost of the franchise also includes the cost of the POS (Point of Sale) machines, supplies, and other equipment needed to run the franchise.
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Additionally, the franchisee must also pay a royalty fee every month which is usually around 1% of the total sales made by the franchise.
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In addition to the initial investment and the franchise fee, the cost of the Generic Aadhaar franchise may also include the cost of hiring staff and other personnel.
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The cost of hiring personnel can vary depending on the size of the franchise and the type of personnel needed.
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Additionally, the cost of marketing and advertising may also be included in the cost of a Generic Aadhaar franchise.
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The cost of starting a Generic Aadhaar franchise is an important factor that must be taken into consideration when choosing to invest in a franchise.
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It is important to carefully consider all the costs associated with running a Generic Aadhaar franchise before investing in one. This will help ensure that the investor is able to maximize the return on their investment.
Benefits of Starting a Generic Aadhaar Franchise
A Generic Aadhaar franchise is a type of retail pharmacy chain that sells quality generic medicines at affordable prices. It is a great way to provide quality healthcare to people who cannot afford expensive branded medicines. It also helps in reducing the cost of medicines and in turn helps to make healthcare more accessible. It also provides other benefits. The Benefits of Starting a Generic Aadhaar Franchise are as follows:
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Easy and hassle-free setup- It is extremely easy to set up a Generic Aadhaar Franchise and the entire process can be done in a few steps.
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Increased customer base- The franchise model helps pharmacies to enable their customers to avail of the various benefits of Aadhaar, thus increasing their customer base.
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Cost-effective - The franchise model is highly cost-effective and requires a very small investment.
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Access to government services- With the help of the Generic Aadhaar Franchise, pharmacies can offer their customers access to government services such as filing tax returns, making payments, and more.
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Wide range of services- Generic Aadhaar Franchise offers a wide range of services that can be used by pharmacies to expand their customer base and increase their revenue.
How to Apply for a Generic Aadhaar Franchise?
A Generic Aadhaar Franchise is an innovative franchise opportunity available to pharmacy chains in India. It allows them to provide a convenient, safe and secure way for customers to purchase generic medicines. The franchise involves setting up a kiosk in a pharmacy chain, where customers can use their Aadhaar card to pay for generic medicines. It is a cost-effective way to increase customer satisfaction and loyalty, while also reducing the costs associated with purchasing generic medicines.
The cost of setting up a Generic Aadhaar Franchise varies depending on the size of the pharmacy chain. Generally, the cost ranges from ₹1.5 lakhs to ₹2.5 lakhs. The investment also includes payment for the Aadhaar card reader hardware, software, and other associated costs.
Also Read: Udyog Aadhar Registration - Step by Step Process for Online Udyog Aadhaar Registration
Steps to Apply for a Generic Aadhaar Franchise
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Generic Aadhaar franchise applicants must register at genericadhar.com, the official website for generic Aadhaar.
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After registering, the pharmacy chain can then access all the necessary information and guidelines related to the franchise. This includes the application form, which must be filled out and submitted to the team.
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Once the application is approved, the pharmacy chain can then proceed to purchase the necessary hardware and software.
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As soon as the hardware and software are installed, the pharmacy chain can then start enrolling customers for the Generic Aadhaar Franchise.
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Customers will be required to provide their Aadhaar card details, which will be used to purchase generic medicines.
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Customers can then use their Aadhaar card to purchase generic medicines at the pharmacy. This will help reduce the cost associated with purchasing generic medicines and increase customer satisfaction.
Conclusion
A pharmacy chain has to consider cost, investment, and the application process before opening a generic Aadhaar franchise. It is an all-in-one solution that provides customers with the convenience of accessing Aadhaar services. The cost and investment required to set up a Generic Aadhaar Franchise are quite reasonable, and the process to apply is also simple. Furthermore, the benefits of this franchise are numerous as it helps to streamline the Aadhaar enrolment process and provides customers with the necessary convenience. With the right strategy and marketing, the Generic Aadhaar Franchise can be a reliable source of revenue for a pharmacy chain.
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