Bottled water is drinking water that has been packaged in glass or plastic bottles, and it can be distilled water, spring water, or mineral water. Bottled water is available in two varieties: carbonated water and noncarbonated water. Your bottled water business, whether purified, distilled or natural spring water, will keep your customers hydrated.
Do you want to begin a bottled water manufacturing company? If you answered yes, here is a guide on how to write a bottled water factory building plan. It is without a doubt a very lucrative industry that can make one a millionaire if everything falls into place. Bottled water is a commodity consumed throughout the world, and those in the business of producing bottled water generate sales year after year if the business is well–managed.
Reasons you should have a bottled water factory building plan
Bottled water comes in a variety of sizes, from small single-serving bottles to larger ones. Now, establishing a bottled water factory is probably one of the best business decisions you can make, especially if you plan to do business in a populated country. For those skeptical about this business, here are some reasons you should build a bottled water factory building plan.
Water is in high demand in the market
Bottled water is in high demand in the market
Water is always in demand because it is essential to life, and everyone requires it. The economic downturn has little effect on bottled water consumption because it is a commodity as important as the air we breathe. Bottled water production companies essentially purify bottled water before packaging it in plastic and glass bottles for consumption. That is why the business is very profitable.
A growing awareness of the importance of health consciousness
People are becoming more health-conscious as they watch what they eat and drink to avoid diseases like typhoid, cancer, and obesity and live longer. Therefore, there is a greater demand for bottled water, particularly bottled mineral water.
The profit margin is extremely high
Water, the most important raw material used in bottled water production, is widely available for free. You will have an endless supply of water once a borehole is drilled and set up. Other manufacturing materials can be purchased on the market or outsourced (bottles and labels).
Create employment opportunities for people
Producing bottled water is not one that a single person can complete. You will need to hire people to assist you with tasks such as cleaning the containers, operating the machines, distributing the bottled water, loading distribution trucks or vans, and so on.
Make a plan to build a bottled water factory, you can create job opportunities for everyone
If you can’t afford to start your own bottled water company, you can still profit from the booming industry by starting a bottled water delivery service from home.
Sample business plan template for bottled water factory building
When writing your bottled water factory building plan, be conservative regarding income generation and sales projections. It is preferable to be on the safe side, so when calculating your future income, use the lower range figures rather than the upper range.
A well-thought-out plan is essential for achieving success as an entrepreneur. It will assist you in mapping out the specifics of your business and uncovering some unknowns. Here are a few things to consider:
- What are the startup and ongoing costs?
- Who is your target market?
- How much can you charge customers?
- What will you name your business?
Suppose you don’t know how to create a detailed bottled water factory building plan. In that case, you can hire a business consultant who has experience creating business plans for many businesses.
A well-thought-out bottled water factory plan is essential for success
Aside from serving as a guide, your business plan can also request a loan from a bank if you need one in the future. So, to avoid rejection, you will need to invest in a good business plan.
Take your time researching the industry to ensure that your bottling business plan is complete and without gaps.
It is widely assumed that by carefully following the steps outlined in the sample, in no time at all, you’ll be well on your way to producing an excellent bottled water business plan.
What are the costs of starting a bottled water business?
Storage tanks, water treatment machines, filling machines, filters, conveyors, sealers, water dispensers, water sterilizers, trucks, bottle loaders, and employees to work in the plant are all costs for starting a water treatment plant.
There are many costs for starting a water treatment plant
You will also need a Food and Drug Administration license in the United States (FDA). A permit from your state’s health department is also required.
Finally, you’ll need a water source, dedicated bottle supplier, and employees to run your plant. It is a very time-consuming job.
What is the ongoing cost for a bottled water factory?
The ongoing costs are substantial. Maintenance on a small plant can cost tens of thousands of dollars per year, and a medium to large-scale bottled water plant can cost as much (or more) per month. Utility costs can also be high because of the purification and bottling of water.
Labor costs are also high because most employees expect to be paid a full-time salary plus benefits. Liability insurance, health insurance, unemployment insurance, administrative services, and worker’s compensation insurance can all run into the tens of thousands of dollars per month.
Who is the target customer market?
Because every live human will require potable drinking water at various points during the day, the target market is all-encompassing. However, your major target will be the most mobile sector of the population who are continuously on the move, whether at work or simply relaxing in the park, such as corporate participants, athletes, the military, shoppers, pedestrians, and so on. Because of their work or schedule, it is assumed that they will always demand water for replenishment.
Defining your target customer is important
Besides, customers are typically commercial enterprises, such as local grocery stores. Some small businesses, however, sell directly to consumers or businesses.
How much money can you charge your customers?
Bottled water has a high markup. You might charge $1 to $2 per bottle or a flat rate per truckload or pallet if you sell to supermarkets. Most businesses arrange for regular shipments to establish themselves as “anchor customers.” You may or may not sell your products at a lower price to get these deals, but your revenue will increase.
How to increase the profitability of your company
Entering niche markets such as flavored bottled water, sparkling water, spring water, and mineral water can help your business grow even more profitably. Some companies offer flavored mineral water, flavored sparkling water, and sports drinks as specialty water lines.
Finally, consider offering designer waters, seltzer waters and club soda, and flavored soda. Tan Do is a healthy fruit juice and coffee company operating in Vietnam, providing the best quality beverage to consumers at competitive prices.
What will you name your business?
Choosing the right name is both important and difficult. If you run a sole proprietorship, use a business name other than your own.
Choose your business name as soon as possible
When registering your business name, we recommend doing the following research:
- Your state’s business records
- Federal and state trademark records
- Social media platforms
- Web domain availability.
It is critical to register your domain name before someone else does.
Which options for payment?
The availability of multiple payment channels ensures your customers are not concerned about how they will be billed. The channels you should provide include POS, cash payments, cheque receipts, mobile money transfers, and so on.
How about startup funding?
Funding for this business will come from the following sources: personal savings, which will cover half of the startup costs; another source of funding will be debt financing, which will get from a reputable bank. It will cover the remaining half of the funds required to launch this business.
This sample business plan outlines the essential elements of a good bottled water and mineral business plan template. If you stick to the format, you will create a solid bottled water factory building plan that will perfectly reflect your business and win you that loan you so desperately need.
Tips for running it successfully
As the CEO of a bottled water manufacturing company, it is your responsibility to steer the company in the right direction. It would be beneficial to schedule office meetings to discuss challenges, feedback, projections, and relevant issues. Meetings could take place on a daily, weekly, biweekly, or monthly basis. The bottom line is that your organization should hold regular meetings.
Steer the company in the right direction for success
Conducting regular appraisals and training your employees will assist you in running your organization effectively. Encourage your employees to pursue certifications in their various areas of specialization; it will benefit your organization’s profile and the individuals. You can choose to sponsor all or some of the certifications.
Locate a long-term water source for your business. Your water source will have a significant impact on your profits. If you can find a source that costs $3 to $5 per 1,000 liters, you will make more money than if you pay the same amount for 100 liters of water.
Finally, it would help if you remained open to suggestions from members of your team and clients. It is critical to recognize and reward exceptional performance in your organization; this will encourage healthy competition.
You can easily start a commercial bottling business if you have a detailed bottled water factory building plan. The task is simple because it comprises doing the same thing every day. It is also not capital intensive. Hope you will succeed!