Medication For the Nation “Solving the nations problems one little pill at a time.” By: Rileigh Martin Age 16 Sports and Medical Sciences Academy.

Medication For the Nation

“Solving the nations problems one little pill at a time.”

By: Rileigh MartinAge 16 Sports and Medical Sciences Academy

Problem/Unmet Need

OAmericans cannot afford the Medication that they need

OMedication is being disposed of or is no longer in use

ONo one is re using medicine to give back to the community who really needs it

My SolutionOMaking Medication available to

everyoneO100% affordable ORecycle old medication that

would be thrown out that has not been used and still packaged

Mission and Social Impact

Mission StatementTo ensure that ALL Americans have the ability to access medication that is a necessary for their wellbeing.

Social Impact We use recycled medication to help keep everyone as healthy as possible.

Description of ServiceO Medication from nursing homes,

hospitals and health care facilities O We conjoin with a college that has

graduated pharmacist that donate a year of their time for tuition reimbursement or gain clinical hours

O Having pharmacist and doctors re prescribe this medication making it safe and reliable

Business ModelDescription of Expenses

Variable Material Expenses

Total: $0.28

Item $

Medical Stickers

0.06

Medical paper bags

0.22

Fixed Expenses

Total: $1,055.00

Item $

Building Space

850.00

Phone/ computer

20.00

Website 8.00

Depreciation 27.00

Insurance 150.00

Economics of One UnitSelling Price $5.00 Cost of var. materials exp. $0.28 Cost of labor 0.13 Other variable costs 0.00Total COGS/ COSS $0.41Contribution Margin $4.59

Definition of One Unit

One prescription of redistributed medication

Monthly Break Even Units$1055.00

= 229.84

≈230 units of

redistributed medication$4.59

Market Analysis

Description of Target Consumer

Demographics Geographics

Individuals that cannot afford medication that fall along lower income levels

Hartford County

Psychographics Buying Patterns

Individuals that are stressed and worried about their health

When prescription needs to be filled (monthly)

Total Population

Target Market Population

897,259

Market Size

Target Market Size

Market Statistics

Industry Name:

Pharmaceutical Industry

Annual Industry Sales: $950 Billion

Industry Name:

Non-profit Industry

Annual Industry Sales: $110 Billion

34,000

11,000

Marketing and SalesO Through Hospitals Nursing Homes O Word of Mouth O PamphletsO Charity Events/ Special EventsO Business Cards O Personal Relationships

CompetitionMedication for

the NationBlue Cross Blue Shield

The Malta House

Location Located in one space that is available to everyone

Multiple business place, no free medication

Located in different parts in the city

Service No waiting time

Medication wait times are long at pharmacy

Waiting in line for a long time

Selection Donate your time after getting the medication to give back to your community

You just have to pay for the medication

People will not just take free medication

Your Competitive Advantages

1. My business is located in one space that is open to everyone to reach. 2. You do not wait for a prescription from my business3. My business allows you to donate your time and give back to the community

QualificationsO Time Management O Self Sufficient O Donate my time to an organization

that is similar to my business O I have a M.D. and Pharm.D. degree O Have taken a

Marketing/Entrepreneurship Course

Sales Projections

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec0

100

200

300

400

500

600

Units Sold

Units S...

Total Units,5,000

Gross Revenue$22,950

Net Profit$7,004

Start-up FundsItem Why Needed Cost

Building Space To run my business out of 600sq $850.00Medication To supply the people medication Already

OwnedPhone/ Computer Have to contact and spread

informationAlready owned

DBA Secure my business name $10.00Paperwork www.probonopartner.org $1,000Website Advertising $8.00

Total Startup Expenditures $1,810.00

Emergency Fund $1,000.00Reserve for Fixed Expenses $500.00

Total Startup Investment $3,368.00

ROI: Return on Investment$7,004.00

= 207% ≈ $2.07$3,368.00

ROS: Return on Sales$7,004.00

= 30% ≈ $0.30$22,950.00

Future PlansO Will grow to have multiple

operational redistribution buildings all over the northeast, then develop into more parts of the country

O Plans for Philanthropy Migrant Farm Workers

(5% net profit)

“Solving the nations problems one little pill at a time.”

Thank you for your consideration of

Medication for the Nation

Website coming soon