The best and the longest standing businesses are ones, that, first of all, constantly upgrade and develop, and secondly, which product always has a demand. Pure water is one of such products, as people can’t live without it, and, for the most part, they can’t easily get it by themselves. So, if you want to make a worthy investment, this field will definitely suit you. However, pure water Business in Nigeria requires pretty big starting capital, so does it really worth this much effort? Let’s find that out.
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1. Business plan
First thing you’re going to need before starting this business (any business really) is to write a detailed business plan. Pure water business plan should include an analysis of the market and a cost of the start-up, a location you’re going to develop your business in, your financial goals and means, by which you’re planning to accomplish it. If you’re not an expert in financials and management, it would be better for you to hire someone to come up with it.
2. Land and building
To make a water purification facility, you will need a building to hold it in. To make it safe from invasions and robberies, you’ll at least need a fence to make it secure, so it’d be better to have at least a bungalow, but which will be completely owned by you. What you want to do is to buy a relatively small piece of land somewhere on the outskirts of the city, so that it would be cheap and still easy to get to. But before doing so, you’ll need to have a building plan for pure water factory. All in all, it will cost you around ₦5,000,000 – ₦10,000,000 depending on the state and a specific place you want to set up your plant at.
3. Purification system
As you might’ve guessed, this is the most important part of your facility. If you want to know, how to start pure water business in Nigeria, firstly you need to learn, how to purify water and which method is the best for your future business. If you want a small cheap plant with not a lot of staff, you can use an ultraviolet bulb. This method is less effective, than all the other ones, but it doesn’t require a lot of money or effort. Reverse osmosis purification system is kind of a middle ground between quality and quantity and price of the setup. Steam distillation is the best one, but you it can cost up to ₦10,000,000.
4. Additional equipment
To be able to properly market and sell your pure water, you will need a packing machine to sort it. Also, you’ll have to get a supply truck to deliver your product to your clients. Of course, you can rent one, but in the long run it will be very unprofitable. It’d be better to get a used car, than to rent a new one.
5. Human resources
You can’t make your business successful completely on your own, you’ll definitely need some help. Basic staff should include:
- Manager (you or hired one), cashier
- Purification system operator
- 2-5 packagers (depending on the volumes you’ll manufacture)
- Driver and loader
- Cleaner and security
Some of these positions can be managed by one person.
Don’t forget, that in order to be able to manufacture and sell pure water officially and without breaking a law, you have to get NAFDAC approval. All in all, pure water business is profitable, if you have enough money to start it. If you’re ready to spend some to earn some – good luck!
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