5. Medical or Pharmacy Store
Score: 5 points;
Running a pharmacy is a traditionally lucrative business. For opening your pharmacy store, you will need to get licensed. This business niche is highly regulated and requires solid starting investment. Still, you can solve this issue by taking a business loan or partnering with other owners or investors. The success of pharmacy store business depends on the store’s location but either way it is one of the most profitable retail businesses you can start. You can also run an eCommerce pharmacy scheme. This will open a huge market for your products and relieve you from many strict regulations.
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