BOTTLED WATER COMPANY BUSINESS PLAN SAMPLE
Starting a commercial bottling business is an excellent way to make money as an entrepreneur.
Commercial bottling business is one business that most entrepreneurs overlook because the business is not as popular as the poultry, tailoring, or home decoration business.
Most entrepreneurs want to venture into businesses already making news, not knowing that silent business ideas make the most money in the marketplace.
If you are an entrepreneur with cash to start a business but have not decided on business yet, I would advise you to go through this content before deciding.
You can start or franchise a commercial bottling business quickly as you know the company’s A-Z. The task is simple as it involves repeating the same thing daily. It is not capital-intensive too.
For a bottled water production company, a business plan is an essential document that is needed to direct the business through its daily, monthly, and yearly goals and objectives.
Here is a sample business plan for starting a bottled water company business.
- Bottle caps
- Wash System
- Bottling equipment
So, how do you go about starting a commercial bottling business? Here are the steps required to create a retail bottling business.
- Draw a Business Plan
This is the first thing you will need to do to make your business run smoothly. You will need to state the company’s mission and vision as well as goals and objectives.
To get started, you will need bottles; typically, bottles come in different sizes and shapes.
You will need to decide in your business plan the size and shape of the bottle you will want to operate within your business. How much will be required to start, operational capital, target market, etc.
Suppose you don’t know how to prepare a well-detailed business pla. In that case, you can use the service of a business consultant as they are experienced in creating a business plan for any business.
Aside from your business plan acting as a guide, it can also be used to request a loan from banks in case you might need a loan in the future. So, you will need to invest in a good business plan, so you don’t get denied.
Take your time to research the business to ensure that your bottling business plan is comprehensive and lacks nothing.
- Register the Business
You should know the importance of registering a business name so that I won’t be deliberating on it too much.
Running a commercial bottling business means working with brands ranging from beverage and pharmaceutical to alcoholic companies.
Getting a business name and registering it so these companies know you can be trusted and ready for business will be very necessary.
You will have to pick a business name that has not been used before and visit the official office in your city and get it registered. It is not expensive so you should do it. It would help if you even did it before drawing your business plan.
Your location is significant for business success.
The location should be convenient for your suppliers and distributors. It should be a vast place as wherever you choose must meet your country’s Food and Drugs Administration laws.
You must always have a separate bottling room for washing and sanitizing the bottles with self-closing doors and tight construction. Before choosing a location and structure for your bottling company, you should be familiar with the authorized agency laws.
The reason is the bottles will be used to package contents that will likely go into our stomachs. So, if the bottles are not hygienic enough, they can cause health damage to consumers, which is what they are protecting.
- Get the Bottling Equipment
You can’t do the washing and sanitize with your hands; it must be done with a commercial washer. If you know you won’t be able to afford one, you can seek a loan from any financial institution.
However, local bottling companies use warm water to wash and sterilize their bottles.
But, the downside is prolonged because you will need to soak the bottles for at least 30 minutes in warm water before bringing them out to rinse and dry. Imagine having thousands of bottles to wash and sterilize.
- Promotion and Marketing
Once you have identified your target customers, study their expectations, and create a marketing strategy on how you can meet their needs. Television, magazines, or newspapers are the best mediums to market your business.
These are the materials your potential customers subscribe to. They may not see your advert on social media as they may not be the ones handling their account.
But, promoting your business in business magazines or papers is likely to convert effectively.
How to Start a Bottled Water Production Business
As there is a growing need for diversity within the economy, there are a lot of untapped business opportunities that an entrepreneur could continuously tap from, and bottled water production is one of those businesses in China and Winnipeg.
Water is essential to life and is just one of the commodities humans cannot do without. This gives it a very high potential for success as there is a ready-made market for the business any day.
The growing world population has also made the bottled water production business highly lucrative.
And it is exciting to note that there is a plan by the Federal Government to ban the production plants and lines of sachet water. This will increase the demand for bottled water.
Although this may not necessarily lead to an increase in the price of bottled water, supply will go up, leading to healthy competition, so the cost of bulk-order bottled water will surely come down.
Investing in normal and flavored bottled water production is one of the best decisions for an entrepreneur.
3 REASONS WHY YOU SHOULD START A BOTTLED WATER PRODUCTION COMPANY
1. Water is always in demand: Water is indispensable and essential to life. So there will always be a demand for it and judging by the present attitude of the government to the supply of potable water to the masses, the only available alternative is to get from other private suppliers, so there will always be a total demand for bottled water.
2. Government Plans to Protect the Environment: There is a plan by the government to reduce the effect of non-degrading items such as nylon on the environment.
And as we all know, sachet water is packaged in nylons, so bottled water demand will spring up with the ban on these non-environmental friendly nylons.
3. High-profit margin: Water, the primary raw material for complete production, is readily available through many sources.
An open borehole is enough, and there will be an ample supply of water, which will be sold at a very high turnover rate after the bottled water process.
BASIC THINGS REQUIRED TO START A BOTTLED WATER COMPANY
1. FEASIBILITY STUDY: Before an entrepreneur can successfully start a bottled water production company off the ground, he needs to get the requirements for the business, which can be done through adequate research.
It is well advised to consult an expert to assist in starting a bottling water company.
Your research will determine the type of bottled water to produce, the variety of markets you will target, and the pricing of your products.
2. BOTTLE SUPPLIERS: This is very much vital in the production of bottled water. An entrepreneur will need an excellent and reliable supplier of these bottles as the show has to be continual; a single hitch might significantly affect revenue.
3. SOURCE OF WATER: An excellent water source is also essential to the business’s success. Depending on the location, one can get the head from springs or sink boreholes or even get supplies from the state water corporation.
4. FACTORY EQUIPMENT: These are essential in production as water must be treated and processed before bottling.
Water bottling plants for treatment, filtering, filling machines, conveyors, sterilizers, bottle loaders, dispensing machines, and sealers will be required. These can be acquired in different grades depending on the financial capacity of the entrepreneur.
5. STORAGE TANKS: These are also essential in production. Water from the source, be it a borehole or any other source, will need to be stored in the tank before transference to the water treatment plants for processing.
6. GOVERNMENT APPROVAL: It is also important to note that Government approval through the appropriate agencies is also essential to acquire before you can even start bottled water production.
7. LOCATION: This is as well essential to production.
Your location must be close to the water supply and your market. The environment of your site should be well-hygienic enough not to contaminate your water source.
And the terrain as well should be well considered; it has to be smooth to allow for easy passage of vehicles around the water factory and transportation of products to the market.
CHALLENGES OF WATER PRODUCTION COMPANY
1. Starting up a business to produce bottled water is capital intensive and will also need a flow of investment funds starting from the launch to when the company breaks even. So it will be advisable to have enough funds to cater to the company’s requirements before even considering starting up.
2. Cost of maintenance of bottled water equipment is relatively high
3. The inadequate power supply is also a significant limitation to the success of your bottled water business in South Africa, Kenya, India, and other parts of the world. Although alternative power sources could be utilized, this will lead to additional costs.
4. It is also quite stressful to get approvals from the government as there are some conditions you will have to meet before you are granted the license to operate.
5. There is also a seasonal effect on the bottled water market as there is less demand for water during wet/rainy seasons because people consume less water during these periods.
BOTTLED WATER COMPANY BUSINESS PLAN EXAMPLE
To get funding or acquire loans, a well-laid-out business plan is necessary.
If you want to start a bottled water plant business but have no idea how to write a comprehensive and engaging business plan, this article is just for you, as it provides an adequate sample to work with.
With the example provided, it is strongly believed that you will be on your way to writing a perfect bottled mineral water company business plan by diligently following the steps.
– Executive Summary
– Products and Services
– Our Vision
– Our Mission
– Target Market
– Market Analysis/Trends
– Our Competitive Advantage
– Our Sales and Marketing Strategy
– Publicity and Advertising
– Payment Options
– Startup Funding
Due to the dwindling consumer confidence in municipal water supply channels, there has been a growing interest and patronage for bottled water products.
This is good news for bottled water plant businesses as they have witnessed brisk firms with an increase in demand. Hygiene H2O is a bottled water company operating in Washington, DC, providing the best quality water to consumers at competitive prices.
Products and Services
The products and services to be provided by Hygiene H2O include tiring and selling water coolers for consumers who want to hire our water coolers or buy these coolers altogether.
We will produce the best quality water under the most hygienic conditions with close supervision of an effective quality control department operated by the best and most highly skilled workforce, who will monitor every aspect of production.
Our vision at Hygiene H2O is to produce the most health-friendly products to the utmost satisfaction of our clients.
Apart from producing excellent and health-friendly products, we intend to have one of the best customer care services to ensure that our customers are treated to the best experience.
Also, we plan to expand production outlets in other states outside Washington, DC, to reach a broader consumer base.
Hygiene H2O will strive to update our products to meet the best industry standards continually. This is through improving product look and bottling style while maintaining our hygiene tradition.
Also, within the second year of our operations, we plan to start a distilled water department to produce purified water for laboratory and hospital use.
The target market is all-encompassing because every living human will continually need potable drinking water at various times of the day.
However, our main target will be the most mobile population segment who constantly move at the office, at the games, or just relaxing at the park.
These mobile segments of the population include participants within the corporate world, sportsmen/women, the military, shoppers, pedestrians, etc.
It is believed that due t work or schedule, thed they require refreshment through water intake.
Market analysis has shown that there has been an increase in competition among bottled water businesses in the area of bottling and marketing.
Some bottled water businesses even have customized services for clients celebrating specific occasions, with the name and experience of the client written on the water bottles.
Some have gone beyond to ensure that their products and services meet environment-friendly guidelines, hence, winning the patronage of environment-conscious consumers.
Our Competitive Advantage
Due to the high competition within the bottled water industry, we have come up with innovations that will ensure that we stay afloat and thrive among our competition.
We will ensure we achieve this through the proper remuneration of our work staff, that will be carefully chosen and represent the very best in the bottled water industry.
Also, we will introduce flavored bottled water of assorted types to cater to those clients who might want their water to be flavored.
Our Sales and Marketing Strategy
Apart from having a mobile distribution unit of all the variants of our bottled water products, we will also enter into agreements with shopping malls, bars, department stores, eateries, restaurants, breweries, etc., for the sale and distribution of our products to achieve the broadest reach.
Publicity and Advertising
The publicity and advertisement of our products will be carried out through different channels, which will include the internet (use of social media and the creation of a company website), adverts through local radio and TV stations, fliers, word of mouth advertisement, the use of yellow pages to advertise our products and also mounting of billboards in areas known for high foot traffic.
Our customers will not have to worry about how to pay as we will be eliminating this problem through the provision of a variety of payment channels to ensure that they do not have to worry about how they will be billed.
The channels we will provide include POS, cash payments, receipt of cheques, mobile money transfers, etc.
Funding for this business will come through the following sources; savings that cover half of the required money for this startup.
Another source of funding will be through debt financing and will be accessed through a bank of high standing. This will cover the other half of the funds needed for starting this business.
This is a business plan sample, providing the basic requirements a good bottled water and mineral business plan template should contain.
Following the format laid down, you are sure to produce a sound bottled water production business plan that will reflect your business ideally and win you that loan you most desire.
BOTTLED MINERAL WATER BUSINESS PLAN EXAMPLE
Because of the importance of the business plan in starting any business, this article concentrates on providing a guide (sample) to any serious entrepreneur with little or no experience in writing a bottled mineral water business plan for free.
To ensure that the user gets the most benefit from this sample, the steps are written carefully under specific guidelines to enable the user to replicate these steps easily while brainstorming to come out with their unique business information.
It is believed that with the proper use of this, a good bottled water business plan will be written. We begin with the following guidelines;
– Executive Summary
– Products and Services
– Our Vision
– Our Mission
– Our Competitive Advantage
– Payment Options
– Sources of Revenue/Projection
– Publicity and Advertisement Strategies
– Distribution Strategy
– Target Market
With water being a basic human necessity for existence, there has been a considerable investment in providing this basic necessity in different variants and packages.
Spring Mineral Water Inc. is not left out of the investments in the water industry.
Located in North Carolina, this company will provide carbonated mineral water, among other varieties of water products, including spring water and flavored water.
The production of our mineral water and other water products will be carried out under the strict supervision of a dedicated quality control unit to ensure that only the best products reach customers.
Products and Services
Spring Mineral Water Inc. has several water products that include mineral water, carbonated water, sparkling water, distilled water, and flavored water.
Also, apart from the products mentioned above, Spring Mineral Water Inc. will provide water for dispensers and provide extra services, which include delivering such products to their destinations which might be either public or private as the case may be.
This will be done at no extra cost to the customers. Outdoor services will be provided in sports arenas and other public places such as beaches,
Our Vision at Spring Mineral Water Inc is to build a unique brand synonymous with excellent products and services. Driven by a passion for hygiene, our bottled mineral products and other products we offer will comply with and meet all the regulatory standards set by the federal health regulatory body.
We have a mission of being among the top 5 mineral water brands within the state of North Carolina within the first five years of commencing business.
This will be driven by a well-motivated workforce that will share our values and highly experienced quality control and marketing units that will work together to ensure that our objectives and goals are attained quickly.
Our Competitive Advantage
An advantage we have over our competitors is the strategy of ensuring that our workforce is fully motivated.
Because we know that a motivated workforce translates to a thriving business, we will ensure that the remuneration of our workforce is attractive and paid timely.
Other advantages we have include hiring the services of highly professional market strategists that will guide and coordinate our marketing unit.
A quality control unit will ensure that any attendant flaws are eliminated before products leave the production line.
We have designed several payment options to ensure that payment options for services do not limit our highly esteemed clients.
Hence we will be accepting several payment options such as POS, cash acceptance, payment through mobile banking, and receipt of cheques, as the need may arise.
With this innovation, our customers are not worried about how to pay for services, as they are fully covered.
Sources of Revenue/Projection
The sources of our revenue will come solely from the sales of our products and services.
Products such as mineral water, carbonated water, and sparkling water, among others, will be sold, and the proceeds realized will form the bulk of our revenue.
Our profits projection for the first three years of starting the business shows healthy growth. However, factors such as natural disasters, economic recession, etc., are discounted in arriving at this projection;
– First Year $110,000
– Second Year $255,000
– Third Year $575,000
Publicity and Advertisement Strategies
We will use a wide variety of advertisement strategies, including advertising on local radio and TV stations.
We will have mobile cold rooms that will supply these mineral water products for outdoor activities such as in sports arenas, areas with heavy foot traffic, and beaches and relaxation spots.
In addition, we will have a website address where clients can visit and place orders for supplies.
The strategies to be used include entering into distribution partnerships with chain stores, department stores, and other water retail outlets further to distribute our bottled water to a broader customer base.
Because water is essential to support life, our target market covers every segment of society, as no one can survive without water.
Hence, our target markets will include chief executives, celebrities, students, households, and every other segment of society not mentioned here.
This bottled mineral water business plan sample provides a template for the interested entrepreneur to work with.
All that is needed is to supply the entrepreneur’s unique business realities through a process of brainstorming on what is valid for their business.