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Board of Pharmacy Mexico Regulation and Licensing Department BO A RD S A ND CO M MI SO N S DI VI SI ON5500 San An ton Io Dr N E SU it e C A lb up UER EU e, New Mexico 871 09 (505) 222 9830 F ax (505)
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01
Obtain the required licenses and permits from the local government authorities.
02
Determine the products or services you will be selling and set competitive prices.
03
Identify potential clients or customers and create a marketing strategy to reach them.
04
Set up a physical retail or wholesale location or create an online store to sell your products.
05
Keep accurate records of sales, expenses, and inventory to ensure compliance with regulations.

Who needs limited retail and wholesale?

01
Individuals or businesses looking to sell goods or services in limited quantities either directly to consumers (retail) or to other businesses (wholesale) would need limited retail and wholesale licenses.
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Limited retail and wholesale refers to a type of business activity that involves selling goods or services in small quantities to consumers or other businesses on a restricted scale.
Businesses engaged in limited retail and wholesale activities are required to file for this category.
To fill out limited retail and wholesale, businesses need to provide detailed information about their products, customers, sales volumes, and financial records.
The purpose of limited retail and wholesale is to track sales activity, monitor business performance, and ensure compliance with regulatory requirements.
Information such as sales revenues, inventory levels, customer demographics, and profit margins must be reported on limited retail and wholesale.
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