Steps to take in Establishing a Medical Equipments business

[IamDozzy]

Due to the rush for medical equipments during the Covid-19 pandemic era, a lot of Business owners have seen the need to establish a medical equipments business to sell to hospitals and clinics. Here are some basic step one can take in order to successfully establish the business. They are;

1 Choosing an area of specialization
At present, there are four categories of medical equipments used in hospitals and clinics. They are;
• Diagnostic equipments
• Procedural equipments
• Treatment equipments
• Patient needs equipments
In choosing your area of specialization, there are some things you have to consider such as the level of demand for these equipment, its capital costs and which equipment would give more profit.

2. Registration of Business
There are two important agencies in Nigeria one needs to register his/her business if they are to supply medical equipments to hospitals. They are Coporate Affairs Commission (CAC) and NAFDAC. One this is done, your business is ready for commencement.

3. Location
Your business premises should be located close to a major hospital or clinic for easy access.

 

[Kabak95]

Such a good steps in the right direction.

 

[Engineer333]

Due to the rush for medical equipments during the Covid-19 pandemic era, a lot of Business owners have seen the need to establish a medical equipments business to sell to hospitals and clinics. Here are some basic step one can take in order to successfully establish the business. They are;

1 Choosing an area of specialization
At present, there are four categories of medical equipments used in hospitals and clinics. They are;
• Diagnostic equipments
• Procedural equipments
• Treatment equipments
• Patient needs equipments
In choosing your area of specialization, there are some things you have to consider such as the level of demand for these equipment, its capital costs and which equipment would give more profit.

2. Registration of Business
There are two important agencies in Nigeria one needs to register his/her business if they are to supply medical equipments to hospitals. They are Coporate Affairs Commission (CAC) and NAFDAC. One this is done, your business is ready for commencement.

3. Location
Your business premises should be located close to a major hospital or clinic for easy access.

This is good and will improve health facilities

 

[marcusfe]

After choosing an area is specialization, another important step in establishing a medical equipment business is to register with appropriate government agency. This ensure a rest of mind when carrying out the business activities. Medical equipment business is a very lucrative one because of it its high demand in the society. This is a business that one can do and realize his investment within a short period of time.

 

[Teatea]

That's not all it entails to start such business. You need a license to sell medical equipments, drugs or anything medical at all. I know some stores open up without going through the appropriate process. But if you plan on going far and big in the business then you shouldn't violate the rules from the start. Get a license or a medical personnel to work with, that will cover the business.

 

[Deleted member 27126]

Due to the rush for medical equipments during the Covid-19 pandemic era, a lot of Business owners have seen the need to establish a medical equipments business to sell to hospitals and clinics. Here are some basic step one can take in order to successfully establish the business. They are;

1 Choosing an area of specialization
At present, there are four categories of medical equipments used in hospitals and clinics. They are;
• Diagnostic equipments
• Procedural equipments
• Treatment equipments
• Patient needs equipments
In choosing your area of specialization, there are some things you have to consider such as the level of demand for these equipment, its capital costs and which equipment would give more profit.

2. Registration of Business
There are two important agencies in Nigeria one needs to register his/her business if they are to supply medical equipments to hospitals. They are Coporate Affairs Commission (CAC) and NAFDAC. One this is done, your business is ready for commencement.

3. Location
Your business premises should be located close to a major hospital or clinic for easy access.

medical equipment business is very lucrative and it takes someone who has been in the line of medicine in the past time to do the business and successfully make money from it. You will also need to have great minded people to work with you in the business so that everything will work out as planned. Lastly you have to follow everything the original poster said in his write up there in order to have a successful business.

 

[Chibson]

No matter where you are located, anything medicine will always be lucrative because people fall sick from time to time. If you want to go into medical equipment business of course you need to make enough research and also I have the finance capability because medical equipments are really costly. You also need to have a good location where people can easily access you.