What are the pros and cons of staring a chemist business in Kenya?

Question

I need to start a chemist business in Kenya. What are its pros and cons?

Answer 1

The pros and cons of starting a chemist business in Kenya are

Pros of Chemist business in Kenya

• Profit: High returns if you have professional knowledge and are at a good location

Cons of starting a Chemist business in Kenya

• Unreliable employees: If you are not a pharmacist or pharmtech then it is difficult to find someone with professional knowledge that you can trust. Most employees do steal from people who have no knowledge of the business
• License: You need a pharmacist or pharmtech License, otherwise Pharmacy and Poisons board will not give you peace. Getting a license from someone itself is not easy.
• High Capital: You need alteast 1 million for a good stock, rent in a good location, and licenses

Important: A chemist is not a shop. It is a professional service that should be run by people who have knowledge in that field for it to succeed. Consider another business if you want to start any small business that requires professional knowledge that you don't have.