Advice You - Business

The Car Wash Guys is a franchise system, which had never been done before in the Industry of Car Washing, as it was a mobile car wash. It started out in Cal

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

ifornia with independent contractors and quickly grew to 53 units in 39 cities within a 4-year period and then the company decided to franchise the concept.

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

No such variation in this business structure or variation of franchising had ever been tried. The company had so many new and innovative ideas, that it was

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

really hard to define in current business terms exactly what we are doing. For instance the Car Wash Guys corporate HQ was actually on wheels.

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

New" href="http://www.carwashguys.com/blitz.html">http://www.carwashguys.com/blitz.html

The Car Wash Guys franchise system was also run with no employee

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

s to cut down on cost and allow them to deliver a higher level of service using the new digital age. It was not until the end of the first three years that t

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

e corporate HQ of The Car Wash Guys even had one salaried employee, as every one else was either a consultant or independent contractor.

Another interesting

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

fact about The Car Wash Guys was the founder, did not draw a salary; all interesting in that this was not your typical franchise model. It is hard to say,

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

if any other company besides the Car Wash Guys has ever used such methods or franchise variation model. They model proved to be successful in allowing the c

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

mpany to rapidly expand in the market place. It was believed by the Car Wash Guys that the virtual aspects allowed them to move fast, change directions and a

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

ttack market sectors faster that their competitors. So who runs the company? Well, the team, franchisees, vendors, consultants, regional team managers (fut

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

ure master franchises), two employees and founder. Here is his resume;

http://www.c

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

rwashguys.com/history/founder.html

The Car Wash Guys was later broken into many parts to allow them to wash things other than cars, but still allow them

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

to use the operational costs of the franchise system to run many other co-brands simultaneously with little outlay of administrative costs. The best way to

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

improve the fierceness of their franchisee team members is to lower their costs, stated the founder. In other words eliminate the Franchisor and run it vir

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

ual. When they divided their system into many parts the costs associated are divided against all those parts and the fixed costs to run a franchise system a

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

re nearly eliminated. Thus they were able to do more for less. With computers they networked the team together, sharing data, customers, vendor support, co

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

nsultants, etc.

The Car Wash Guys had many market sectors, they competed in. A Young , dynamic and aggressive company, the kind of company you do not see co

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

e along that often in the franchising realm. The customers loved them and the competition hates them. And the government did not know what to do with them,

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

as they appeared to be between definitions of law and regulation. Amazing what new things entrepreneurial companies think of isn’t it. Think on this in 2006

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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