A medical representative job can be very useful for the experience and expertise gained in the field of pharmaceuticals. One can then boldly start a new business with comparatively less dependence on other parties. Well, now you can question that what the advantages of being a pharma franchisee are, and why isn’t it better to be a simple MR (Medical Representative) instead of risking your fixed salary.
To answer this question in simple terms:
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Higher monetary returns as compared to the limited salary
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Flexibility of timings
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You are your own boss and you have flexibility of decision making.
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You can relocate your working area and can thus be nearer to your home.
With experience and acquaintance in the pharmaceutical field, if you can work on your own, then why do you have to work for another company with negligible scope of raise in profit? Also, with your experience, you can easily start a pharma franchisee. It has comparatively more profit than the previous job.
Some people might be coming to the conclusion that the investment might be having a risk factor. But, the sweet truth is as follows. The investment capital is very small as compared to starting your own pharmaceutical companies and there is a very negligible chance that your investment will be having a longer payback period (The actual risk factor).
