How Do You Start A Retail Pharmacy Business In Chicago, Illinois?
The retail pharmacy business is one of the most profitable businesses in the United States. Success in this industry is due to the advancement in the medical sciences and the aging of the baby boom generation. In order to start a retail pharmacy business in Chicago, Illinois, you will need to obtain a license from the Illinois Department of Financial and Professional Regulation. This occupation is exempt from Chicago city licensing. However, if you offer additional services, you must contact the city clerk office for license requirements. Write a business plan. Include your business overview, market research of the pharmaceutical industry in Chicago and an analysis of the competition. Chicago has over 1,000 pharmacies clustered all over the city. Detail your plan for differentiating yours from the other pharmacies and decide whether you will compete based on price, service, availability or another unique feature. Also include information about your target market and how you plan to rea