Starting a pure water Factory in Nigeria can be very profitable if the proper procedures are followed.
Opening a pure water business in Nigeria doesn’t come easy, as it is capital intensive and requires more analysis, planning, and good strategies before you think of opening one.
If you choose a pure water business as a business choice, you have made the right decision, and you are now expected to take the required steps. There are several requirements needed in starting a pure water business in Nigeria.
In this article, we have put together the processes of starting your pure water factory And ensure to follow all the steps promptly.
Starting A Pure Water Factory In Nigeria
Here are steps to follow to set up a pure water factory in Nigeria:
1. Create A Business Plan:
Your business starts here. You will need a simple business plan to help you map out the strategies to run your business successfully.
Before creating a business plan for your pure water business, you have to conduct good market research; you should keep in mind that pure waters are commodities that require high sales and profits for you; it is, therefore, essential to analyze the needed details that you will leverage on.
Your business plan should answer questions like the competition, the target market, expenses, marketing, and satisfying your customers.
2. Choose A Location:
Choosing a location requires a careful decision. When selecting a site for your pure water business, keep in mind that the area should be accessible and not only being accessible but instead in a location that is hygienic because it is a consumable product that requires environmental neatness.
Hence, take note of these hygienic requirements when searching for a place for your business.
If you are building a pure water Factory, ensure that the constructions are well-built; let it be sizable to fit the required purpose. And note, If your capital isn’t enough to buy land and to build a pure water Factory, you may decide to rent a space, ensure that it has the needed tendency to occupy the size of the business.
3. Register Your Business:
Every legit business needs to follow the correct procedure by registering their company. However, you need to register your Factory with the Corporate Affairs Commission (CAC) and NAFDAC.
As the law have it in Nigeria, every business under Food and drugs must be registered with the government regulating Food and drugs, and it will be necessary to follow the procedures to get approved by this agency. Get all the needed licenses to start operating as a pure water business in Nigeria.
4. Purchase The Equipment Needed To Start A Pure Water Business:
Here are some of the equipment needed:
1. Automated sealing machine2. Borehole installing a machine3. Packaging bags
4. Printed nylon sachets
5. Overhead tanks
7. Water micron filters
8. Treatment materials
9. Beiling machine
10. Delivery truck
11. 20kVA Soundproof Generator
These are some of the equipment to consider; approach other pure water owners to know more about getting equipment from reliable sources.
5. Employ Workers:
Employ workers who know how to operate machines, and make sure your workers handle their tasks. Some of the workers needed range from operators, cleaners, drivers, security personals, supervisors, packaging, and marketing personnel.
This is an essential aspect of every business. When implementing your marketing strategy, you should know your target market.
Market your sachet waters to groceries, supermarkets, pharmacies and be competitive on your pricing if you want to retain your customers.
Cost Of Starting A Pure Water Factory In Nigeria
Based on the requirements discussed above on starting a pure water Factory, it all ranges and depends on many factors like the required equipment and materials, number of employees, business registration, cost of land and construction or leasing, and primarily based on location.
You should budget around $50,000 to start a pure water factory in Nigeria successfully. And keep in mind that you might spend less or more depending on the size and location.