Young or old, everyone needs fresh, clean water to drink. This market driven reality has spurred one of the fastest growing industries in the world. The bottled water business offers a tremendous opportunity for income and profit to entrepreneurs on a variety of levels.
In starting a new business, you need to study the prospects that you have versus the competition that already exist. Ask yourself the following questions: a. Do you have a good location? b. Do you plan to provide a better price or better service? Anything that can make you a better alternative or source of bottled water can help you succeed.
Here Is A Guide How To Set Up/Start A Water Refilling Station Business:
1. Look for a supplier or seller of water refilling equipments and ask for the price list of different equipments that you can choose, if possible, ask for the feasibility study too to know how much the cost or total investment needed to put-up this type of business.
2. After studying the quotations and the total cost which you think is enough for your budget or capital, then you can start negotiating with the supplier. Ask for discounts and know the after-sales support you can get from them like maintenance and warranty. Don’t go for cheap equipments as this will not be worth in the long run. Always compare and check carefully what you can see on the photos they give against the actual equipment.
3. After choosing the right equipment to purchase, look for a good place to put your refilling station. Some local municipals require a minimum of 25 sqm. total area for this type of business, but oftentimes 20 sqm is enough. If you don’t want to rent a place, you can use your own house. Sales will not be a problem even you’re inside a subdivision.