How To Start A Pure Water Business In Nigeria – 7 Steps On How To Start A Pure Water Business In Nigeria
How To Start A Pure Water Business In Nigeria – 7 Steps On How To Start A Pure Water Business In Nigeria
Have you been thinking of starting a pure water business in Nigeria? Well, that would be a very good idea because water is very important for human survival and, as such, is in high demand. Without water, many humans would suffer from diseases, and some could die. That justifies the saying that ” Water is life”.
Nigeria is a country that has many natural sources of water, including rain, lakes, rivers, and so on. But most of these sources aren’t safe for drinking, so some people take their time to go into the line of producing clean, drinkable water for everyone. Water is life indeed, and as such, water is always in demand all year long.
Is Pure Water Business Profitable?
Nigeria’s pure water industry is profitable due to the constant demand for portable drinking water. In regions where boreholes are not suitable for cooking, people use pure water. The high population in Nigeria, including many lower and middle-income individuals, further drives the demand for clean water from pure water companies.
Capital Needed For Pure Water Factory Business
Starting a pure water factory in Nigeria required a certain amount of capital. It doesn’t matter whether you want to manufacture and still distribute everything together.
Considering the fact that different locations have different prices for renting a site, buying tools, and other things, However, with 2 million – 10 million naira, you can easily get a site, purchase the necessary tools, and start the production of the pure water you want to sell.
Equipment Required To Start Pure Factory Business In Nigeria
We will list some of the equipment needed in a pure water factory. They include the following:
- Surface pumping machine
- PVC water tanks
- Submersible pumping machine
- PVC pipes and plumbing fittings
- Reverse Osmosis Module
- Micro-filter cartridges
- Industrial water filter modules
- Ozone generator
- Liquid chlorine
- Dosing pumps
These are some of the required equipment needed for a pure water factory.
How To Start A Pure Water Business In Nigeria
Here are the procedures to ensure the successful start of your own pure water business in Nigeria. The steps include the following:
- Make A Business Plan
- Register Your Business With CAC
- Pick A Good Location
- Purchase Pure Water Equipment
- Recruitment
- Electricity
- Marketing Your Pure Water Business
Let’s get started.
1. Make A Business Plan
A solid business plan is essential for success in the pure water industry in Nigeria. It acts as a guide, attracting potential investors and helping you make informed decisions.
Key components include an executive summary, market analysis, business description, operational strategies, financial projections, and marketing strategies. The benefits of a strong plan include clarity, improved operations, investor attraction, and adaptability.
A detailed plan increases the likelihood of long-term success and valuable partnerships in the Nigerian pure water business.
2. Register Your Business With CAC
A successful pure water business in Nigeria requires a solid plan, efficient operations, and legal registration with the Corporate Affairs Commission (CAC). Benefits of registration include credibility, compliance with regulations, access to opportunities, and taxpayer identification.
To register, choose a unique business name, create a CAC account, reserve the name, complete forms, submit payment, and await approval. Seek assistance if needed and maintain accurate records for future compliance and success.
3. Pick A Good Location
Selecting the perfect location for your pure water business is crucial for its success. Consider factors like proximity to your target market, a suitable environment free of contaminants, and a spacious structure for production.
A strategic location can reduce costs, improve customer reach, and ensure the longevity of your business. Conduct thorough market research to identify areas with high demand and low competition.
4. Purchase Pure Water Equipment
Equipment is essential for every business, including the pure water business in Nigeria.
Key equipment needed for a Pure water business in Nigeria includes a borehole and overhead tank, pumping machine, land and building, distillation system, sealing machine, electricity, motor van or tricycle, industrial filters, UV air sterilizer, ozonizer or reversed osmosis, boiling machine, micro filters, printed nylon sachets, packaging bags, water treatment materials, pump valves, and pipes. Setting up a borehole and overhead tank is crucial for obtaining fresh water. A pumping machine is needed to extract and distribute the water.
Distillation systems and sealing machines ensure water purity and packaging. Other important equipment includes UV air sterilizers, reverse osmosis systems, boiling machines, and motor vehicles for distribution.
5. Recruitment
The key labour force in the pure water business includes factory workers and mobile workers for production and delivery. These employees help run the daily activities of the production and management of water in the factory.
6. Electricity
Stable electricity is essential for pure water production, ensuring uninterrupted operations, quality control, and customer satisfaction. Mitigate power outages with generators, solar power, and battery backups. Prioritize energy efficiency, load management, and regular maintenance for a resilient and sustainable business model.
7. Marketing Your Pure Water Business
A solid marketing strategy is crucial in the competitive world of pure water business. Key elements include developing a unique brand identity and message, targeting the right market, utilizing online and offline marketing channels, and fostering customer engagement.
A comprehensive marketing strategy can help build brand presence and ensure long-term success by tracking results, maintaining consistency, and being creative.
Conclusion
As someone who wants to start this business, you must follow the above instructions to succeed. Above all, be consistent while diligently following the market trends and changes.
Only with consistency can you grow your business from a small scale to a larger scale pure water store with a large customer base. Nothing comes easy, so be consistent in your business, and you will reap the benefits.
After having gone through this article, we hope it has been helpful. Till next time.