Smart Ways to Start and Succeed in the Purified Water (Pure Water) Business in Abuja
This Blog post could save you a lot of business headache, save you time. money and help you retain more profits in the pure water business.
Everybody needs water. Homes, offices, at parties and other occasions. It even becomes more in demand during dry season when lots of wells dry up and people’s desire for satchet water increases. The business of producing purified water such as pure water otherwise known as satchet water is one of the most lucrative business that is thriving very well even in this current economy.This is not a business that loses trend because People will continue to need water and food to survive, so, you can never run short of customers. That being said, there are also exceptions to the rule. You can run at a loss when you do the right business the wrong way.
If you have a pure water production outfit and you’re reading this, I know you will understand this fact more than anyone else. And if you’re thinking of starting a pure water business please read this article carefully because it will save you time, stress and reduce your cost of starting up dramatically.
If you’re already running at a loss in the pure water business, this is your lucky day because the ideas I’m about to share will expose the things you may probably be doing wrong without noticing it.
Here Are Things That Make People Fail in Pure Water Business & How to Overcome Them
Buying of the Wrong Machines:
People are very sensitive to defects in water, it’s something that concerns their health, and nobody jokes with such things. That is why your purification systems, packaging and distribution should be free of defects. Just one silly mistake in these areas can destroy your reputation and discourage people from buying from you.
These are things that could happen when your system and tools are defective.
- You Start seeing foreign materials and sediments in the products
- The water develops unpleasant taste
- After production leakages and spillage becomes too much causing waste
- Coliform levels increase
- Water Odour
- Occurrence of Reverse osmosis issues (This is problem in the purification system)
NAFDAC Registration Mistakes
NAFDAC frowns at many practices in the pure water production business. Not knowing the rules can get you into trouble and lead to the close down of your business. Imagine spending money on all the equipment, renting or building the factory etc and end up tying all that capital down indefinitely. The worst part is if the money was borrowed.
There is some paperwork involved that should be handled by an experienced consultant instead of doing it yourself. In fact, from the source of your water to the qualification of the staff you hire, they are all under scrutiny by NAFDAC.
Poor Management and Bypassing of Consultants
Employing the wrong staff is a cancer that slowly eats up your profits without you knowing it. They ruin your business and move to the next. Some of these workers are serial business killers moving from one business to the other, causing losses everywhere. the earlier you identify them and kick them out, the better for you and your business.
For example, a daily quota of 500bags can earn you N1,070,000 within 26 working days. (This is based on a N83 per bag whole sale price). After deducting expenses such as printing on the nylon, labour, transportation, rent, maintenance etc you should be left with at least N524,000 (Contact 07065117394 for detailed analysis) but when your production is teamed up with the wrong set of staff things can get really ugly. Backdoor sales, waste, messed up water filtration system, poor maintenance are things you should fight against to make a headway in the business.
Apart from the estimated monthly net profit of N524,000, keep it in mind that other costs such as drilling of borehole, procurement of machines, land and building are part of your production costs. So not selecting your staff carefully will extend your break-even point and delay your payback period. (Payback period means the year when you have made back the entire money you used to setup the business and you have started making pure profits).
These are Great Ideas you can use to Prevent/Cure Loss & Failure. This Works for Both Fresh and Established Pure Water Businesses
Method 1 Use this method to correct a failing pure water business or start a new pure water business from the scratch.
In this method, you will need the service of a business implementation consultant who will take care of the NAFDAC paperwork, Selection of the machines and water filtration systems to be used, packaging and distribution system to adopt and quality control.
While processing your NAFDAC registration, he helps in the preparation of your SOP for cleaning of factory premises, SOP for Recall and Distribution, SOP for Production, SOP for Quality Control (Standard Operation Procedures) the consultant pays periodic visits to the factory to monitor compliance to NAFDAC Rules on Sanitation, production line, facilities and equipment etc.
By the time you work with your implementation consultant for about a year, you would have learnt a lot from him and you can continue handling your business yourself calling the consultant from time to time as need may arise.
Using the above method is far better than learning through experience. I can guarantee that. So, finding a pure water business implementation consultant is the next quest, and I’ve made it even easy for you if you’re interested. Just call Resolution Concepts on 07065117394 and you will be directed on how you can book an appointment with the principal consultant of the company.
Method 2. Use this method if you do not have much capital and you want to start pure water business without bothering yourself with paperwork.
In this case, you buy your production machine through a good consultant and use an already set-up factory. This type of offers is obtained from pure water business owners who have already secured a brand name, NAFDAC number, Trademark, CAC Registration and wants to sell a franchise. The good part about this model is that the company has already established some awareness in the market, you spend less and start faster.
The company selling the franchise charges you a franchise fee. The franchise fee may be monthly or yearly depending on your arrangement with the owner of the franchise. Please read carefully through the franchise agreement or get a legal counsel to spell out the meaning of the terms and conditions of the franchise. Also conduct a background check on the franchisor making sure you’re not stepping into a trap. Call 07065117394 to book a free consultation session with resolution concept.
Method 3. Use this Method if you want to Profit from Pure Water Business without bothering yourself about production
This is the cheapest way of making money in the pure water business. All you need is the right location, generator, big freezers and pure water suppliers. This is how it works, you collect pure water bags in wholesale price from the company (sometimes on credit) and store the bags in your freezers to make them ice cold. Then the pure water hawkers come to you to buy in bags. The pure water hawkers usually sell up to 5 bags in a day especially during the dry season.
Since you sell it Ice Cold, the pure water hawkers do not need to buy ice blocks. And when you sell their favourite brands of pure water, they tell fellow hawkers and business smiles at you. With this method, you don’t need to bother yourself about production and marketing. In fact, to make it even better, you can get a distribution van that delivers the iced water to restaurants, drink sellers, sellers of pastries such as meat pie, buns etc. That being said, you still need to buy the right generator and freezer. If you want to know more about this, give resolution concepts a call 07065117394.