3. Retail Pharmacy
Instead of selling them to hospitals, retail pharmacies, the next entry on our list of most profitable medical businesses to start are selling the drugs directly to patients. This kind of pharmacies are also known as the community pharmacy. Many people who are in need of a drug or any kind of medical need, they are first going to the nearest retail pharmacy. However, in order to open a retail pharmacy, you will need a permit. After you gain the permit you need to be very careful where you will open the first retail pharmacy. You need to do a deep research based on the people’s needs who live in that neighborhood. If the neighborhood has a constant recurrent inflow of customers, you know that business will bring you a lot of profit. After that, you can start looking for other locations where you can expand your business and make a large pharmacy chain.
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