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In The Name OF
Allah, The Most
Merciful &
Beneficent
Our Project
Write A Feasibility Report On
Starting A Small Business
SELECTED BUSINESS NAMED AS
“ Medi Care ”
&
Submitted To : Sir Ali Khan
Group Members
 Ayesha Shoukat
 Mushood Hayat
 Saeed Ahmed
Project Distribution
 Step 1 & 2 By “ Ayesha Shoukat ”
 Step 3 & 4 By “ Mushhood Hayat ”
 Step 5 & 6 By “ Saeed Ahmed ”
Step 1
INTRODUCTION
Importance Of Medicines
 Medicine – Basic Necessity For Human
Life.
 Word Medicine Is Derived From Latin
Word As MediCina Means the
Art Of Healing.
 Medicine Is The Branch Of The Health
Sciences & Sector Of Public Life.
Advantages Of Medicines
 Lowering Blood Pressure.
 Relieving From Pain.
 Curing illness & Infections.
 Boost Immunities
 Provide Extra Nutrients & Vitamin
Purpose Of “ Medi Care ”
“MediCare”
Purpose is to prevent
disease and prolong life,
the ideal of medicine is to
eliminate the need of a
physician.
Type Of “MediCare”
Ownership
 “MediCare” Is Established By 4
Individuals.
 Each Individual Is A Working Partner.
 Each Partner Has Invested Rs.500,000
Lac In Medical Store Named As
“MediCare”
 Partnership Agreement
(Equal Profit + Loss)
How We Plan To Get Benefit ?
 Medi Care Management Has A Core
Strategic Plan To Invest 50% Profit In
Business .
 If We Obtained Profit more than 25% then
We’ll Set Up A New Stores In Sub Rural
Areas.
 We Will Arrange Weekly Meetings In Order
To Maintain & Bring Improvements In Our
Business & Services.
 We’ll Contact Retailer Who Will Manage
Least Expensive Quality Medicines From
The Trade Mark Companies.
Continue…..
WE Will Maximize Our Profit Up to
50% To 60% But It’s Unethical For
Pharmacist & Will Try To Make
Our Maximum Profit About 20% To
35% only.
Step 2
Description Of The Project
“MediCare” Location &
Environment Surrounding It
 For This Purpose We Get A Shop
On Rent.
 Geographically It Is Situated In
Harley Street Near Harley
Hospital.
Our Outlet Is Completely Located
At Main Road That Links Tulsa
Road With CMH Road.
Continue…..
 At The Front Of Medical Store
Outlet Here Starts The Residential
Area In Which Educationary
Institutions Also Exist.
All Type Of Resources Are Easily
Available In Our Territory.
 Hustle & Bustle All Over In The
Area.
Continue….
Approximately, Population Medical
Store Surrounding Is Almost 3,000
To 5,000 Individuals Of Mixed
Demo graph.
Vision & Mission Statement
Providing The “Art Of Healing” i.e
Medicines, Based On Standards
Of Excellence, Highly Ethical
Staff & We Are The Best Providers
Of MediCare Services.
Goals& Objectives
 Our Main Objective Is To Retain The
Prices Of Medicines To Such A Level
That A Common Man Can Afford.
 To Provide Quick Services & Good
Quality Medicines.
 To Ensure The Safe & Effective Use
Of Medicines By Practitioners.
Continue….
 Improve The Quality Of Life Of
Elders People With Disabilities In
The Community.
Our Motivation To Start
Medical Store
 More Chance Of Getting Profit In
Area Where No Medical Store
Exist.
Huge Expectations Of Customers,
Because Of The Nearness Of
Medical Store & Easy Availability
Of Medicines At Cheap Rates.
 No Competitive Edge Exist.
Our History
 History Book Opened Up When Company
Of Medicines Named As “Tiens” Came
Into Existence.
 After Getting Inspired Up By This
Company We All Members Then Join The
DWATSON Medical Store In Order To Get
Experienced.
 After Experience, We thought To Start
Our Own Store In Order To Bring Out
Change Of Perceptions & Services So
We’ve Started “MediCare”
Step 3
Market Description
Type Of Business
 MediCare Are Completely
Retailers.
 We Are Selling Our Products On
Small Scale.
Target Market Segmentation
 We Have Segmented Our
Products Demographically.
 Basically We Are Operating In
Sub Urban Area .
 Our Ultimate Target Is Children's
& Elder People.
How Can We Penetrate In
Market
 It’s A Perfect Competition.
 Providing Products According To
The Needs Of Customers.
 Will Cut Price Of Products, To
Attract New Customers & New
Customers Will Create A Market
Share Immediately.
Continue….
 Clever Penetration Strategy – Use
The Same But Promote It With
Additional Features.
Step 4
Description Of Our Products
Product Gallery
 Anti-Malarials Medicines
Extended Release Pellets
Codeine
Anti Diabetics
Anti Infections
Anti Bacterials
Alerid Syrup
Other Products Available
In Our Medical Store
Cosmetics
Face Wash
Scrubs
Medical Equipments
Blood Glucose Monitoring
System
Equipments which MediCare
Purchased
 Medical Items/Equipments
 Cosmetics
 Face wash
 Scrubs
Blood Glucose Monitoring System
Step 5
Organizational Plan
Type Of Business OwnerShip
 MediCare Will Be A General
Partnership Between Ayesha
Shoukat, Mushhood Hayat &
Saeed Ahmed.
 All Partners Will Share Equal
Ownership Of The Business.
 Each Partner Has Invested
Rs.500,000 Lac In The Business.
Continue….
 Partnership Agreement
( Each Partner Has Accepted The
Responsibility To Suffer Both Loss
& Gain Profit Equally )
Human Resource
Requirement
 Some Help Will Be Needed In
Opening Our Business.
 We’ll Hire Two Assistants, One
Assistant Will Help Out The
Customers In Cosmetics Section &
The Other Assistant Will Help Out In
Medical Items Section.
 They Will Be Paid Minimum Salary &
Will Work On Monthly Basis.
Continue….
 Their Total Monthly Salary Is
Rs.1,200 & Their Yearly Salary Is
Rs.14,400.
 As The Business Grows, More
Assistants May Hired But Will
Work On Monthly Basis.
Step 6
Marketing Plan
Market Segmentation
 MediCare Observed It’s Overall Market,
Consist Of People Who Have A High
Level Of Discretionary Income.
 Geographically, Our Market Will Start
Within The Harley Street Area & Expand
To Surrounding Areas In The Next 5
Years.
 Local Pharmacist & Knowing The
Medical History Of Patient. High In
Personalized Service & Convenience &
High In Price.
Step 7
Financial Management
Financial Management
 Capital Will Be Raised By Funds
Providing Equally By Every Partner
In Business.
 Our Business May Take Different
Approaches To Maximize Profit Or
Minimize Loss By :-
 Product Differentiation
 Cheat Rate Strategy
 Control Cost
 Maintain Market Share
Conclusion
 Most respectable and honorable
profession
 If business is done honestly and
gracefully it will gave more profit to
you
 More chances of profitability
 This Business will prosper us
Recommendations
 We recommend that other people
should also start this business.
 Highly profitable if one can work
honestly and gracefully
 Use genuine and high quality
medicines for the health of our
society
THANK YOU…..

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Feasibility Report On Starting A Small Business - Medicare

  • 1.
  • 2. In The Name OF Allah, The Most Merciful & Beneficent
  • 3. Our Project Write A Feasibility Report On Starting A Small Business SELECTED BUSINESS NAMED AS “ Medi Care ” & Submitted To : Sir Ali Khan
  • 4. Group Members  Ayesha Shoukat  Mushood Hayat  Saeed Ahmed
  • 5. Project Distribution  Step 1 & 2 By “ Ayesha Shoukat ”  Step 3 & 4 By “ Mushhood Hayat ”  Step 5 & 6 By “ Saeed Ahmed ”
  • 7. Importance Of Medicines  Medicine – Basic Necessity For Human Life.  Word Medicine Is Derived From Latin Word As MediCina Means the Art Of Healing.  Medicine Is The Branch Of The Health Sciences & Sector Of Public Life.
  • 8. Advantages Of Medicines  Lowering Blood Pressure.  Relieving From Pain.  Curing illness & Infections.  Boost Immunities  Provide Extra Nutrients & Vitamin
  • 9. Purpose Of “ Medi Care ” “MediCare” Purpose is to prevent disease and prolong life, the ideal of medicine is to eliminate the need of a physician.
  • 10. Type Of “MediCare” Ownership  “MediCare” Is Established By 4 Individuals.  Each Individual Is A Working Partner.  Each Partner Has Invested Rs.500,000 Lac In Medical Store Named As “MediCare”  Partnership Agreement (Equal Profit + Loss)
  • 11. How We Plan To Get Benefit ?  Medi Care Management Has A Core Strategic Plan To Invest 50% Profit In Business .  If We Obtained Profit more than 25% then We’ll Set Up A New Stores In Sub Rural Areas.  We Will Arrange Weekly Meetings In Order To Maintain & Bring Improvements In Our Business & Services.  We’ll Contact Retailer Who Will Manage Least Expensive Quality Medicines From The Trade Mark Companies.
  • 12. Continue….. WE Will Maximize Our Profit Up to 50% To 60% But It’s Unethical For Pharmacist & Will Try To Make Our Maximum Profit About 20% To 35% only.
  • 13. Step 2 Description Of The Project
  • 14. “MediCare” Location & Environment Surrounding It  For This Purpose We Get A Shop On Rent.  Geographically It Is Situated In Harley Street Near Harley Hospital. Our Outlet Is Completely Located At Main Road That Links Tulsa Road With CMH Road.
  • 15. Continue…..  At The Front Of Medical Store Outlet Here Starts The Residential Area In Which Educationary Institutions Also Exist. All Type Of Resources Are Easily Available In Our Territory.  Hustle & Bustle All Over In The Area.
  • 16. Continue…. Approximately, Population Medical Store Surrounding Is Almost 3,000 To 5,000 Individuals Of Mixed Demo graph.
  • 17. Vision & Mission Statement Providing The “Art Of Healing” i.e Medicines, Based On Standards Of Excellence, Highly Ethical Staff & We Are The Best Providers Of MediCare Services.
  • 18. Goals& Objectives  Our Main Objective Is To Retain The Prices Of Medicines To Such A Level That A Common Man Can Afford.  To Provide Quick Services & Good Quality Medicines.  To Ensure The Safe & Effective Use Of Medicines By Practitioners.
  • 19. Continue….  Improve The Quality Of Life Of Elders People With Disabilities In The Community.
  • 20. Our Motivation To Start Medical Store  More Chance Of Getting Profit In Area Where No Medical Store Exist. Huge Expectations Of Customers, Because Of The Nearness Of Medical Store & Easy Availability Of Medicines At Cheap Rates.  No Competitive Edge Exist.
  • 21. Our History  History Book Opened Up When Company Of Medicines Named As “Tiens” Came Into Existence.  After Getting Inspired Up By This Company We All Members Then Join The DWATSON Medical Store In Order To Get Experienced.  After Experience, We thought To Start Our Own Store In Order To Bring Out Change Of Perceptions & Services So We’ve Started “MediCare”
  • 23. Type Of Business  MediCare Are Completely Retailers.  We Are Selling Our Products On Small Scale.
  • 24. Target Market Segmentation  We Have Segmented Our Products Demographically.  Basically We Are Operating In Sub Urban Area .  Our Ultimate Target Is Children's & Elder People.
  • 25. How Can We Penetrate In Market  It’s A Perfect Competition.  Providing Products According To The Needs Of Customers.  Will Cut Price Of Products, To Attract New Customers & New Customers Will Create A Market Share Immediately.
  • 26. Continue….  Clever Penetration Strategy – Use The Same But Promote It With Additional Features.
  • 27. Step 4 Description Of Our Products
  • 35. Other Products Available In Our Medical Store
  • 41. Equipments which MediCare Purchased  Medical Items/Equipments  Cosmetics  Face wash  Scrubs Blood Glucose Monitoring System
  • 43. Type Of Business OwnerShip  MediCare Will Be A General Partnership Between Ayesha Shoukat, Mushhood Hayat & Saeed Ahmed.  All Partners Will Share Equal Ownership Of The Business.  Each Partner Has Invested Rs.500,000 Lac In The Business.
  • 44. Continue….  Partnership Agreement ( Each Partner Has Accepted The Responsibility To Suffer Both Loss & Gain Profit Equally )
  • 45. Human Resource Requirement  Some Help Will Be Needed In Opening Our Business.  We’ll Hire Two Assistants, One Assistant Will Help Out The Customers In Cosmetics Section & The Other Assistant Will Help Out In Medical Items Section.  They Will Be Paid Minimum Salary & Will Work On Monthly Basis.
  • 46. Continue….  Their Total Monthly Salary Is Rs.1,200 & Their Yearly Salary Is Rs.14,400.  As The Business Grows, More Assistants May Hired But Will Work On Monthly Basis.
  • 48. Market Segmentation  MediCare Observed It’s Overall Market, Consist Of People Who Have A High Level Of Discretionary Income.  Geographically, Our Market Will Start Within The Harley Street Area & Expand To Surrounding Areas In The Next 5 Years.  Local Pharmacist & Knowing The Medical History Of Patient. High In Personalized Service & Convenience & High In Price.
  • 50. Financial Management  Capital Will Be Raised By Funds Providing Equally By Every Partner In Business.  Our Business May Take Different Approaches To Maximize Profit Or Minimize Loss By :-  Product Differentiation  Cheat Rate Strategy  Control Cost  Maintain Market Share
  • 51. Conclusion  Most respectable and honorable profession  If business is done honestly and gracefully it will gave more profit to you  More chances of profitability  This Business will prosper us
  • 52. Recommendations  We recommend that other people should also start this business.  Highly profitable if one can work honestly and gracefully  Use genuine and high quality medicines for the health of our society