Bottled water companies have been around for decades. For many years, bottled water was a luxury item that was only purchased by people who could afford it. Today, however, bottled water is more commonly used by people who want to maintain a healthy lifestyle.
The bottled water industry has changed significantly since it first began. Consumers now have a wide variety of options when they go to purchase bottled water. Some of these products are made with pure springwater while others are made with purified or filtered tap water. Consumers can also purchase flavored or sparkling waters as well as different sizes and shapes of bottles.
Because the bottled water industry is so diverse, it can be difficult for new companies to break into the market and compete with established brands like Aquafina and Dasani. The good news is that there are still plenty of opportunities for new companies to succeed in this market if they have a good business plan in place before they launch their product or company (Nyambura).
Business plan for bottled water company
Estimated Investment Required: $100,000 – $150,000
Description of the business: This project is about a bottled water company which will be selling mineral water in Nigeria. The main purpose of this project is to produce high quality of bottled water that can be sold in the market and make profit out of it. The company will be located in Lagos state where there are several minerals available for extraction and use in the production of mineral water. The company will use its own resources to produce mineral water from the various minerals available in Lagos state.
The mineral water produced by this company will be sold at an affordable price so that people can easily purchase it from the market without having to worry about their budget because this product is very affordable. I intend to sell this product at different locations within Lagos state so that more customers can access it easily and buy them anytime they want without any delay or problem because they are readily available at all times at different locations across Lagos state.
The target market for this business is not just limited to people living within Lagos state but also extends beyond Nigeria into other countries like Ghana and Ivory Coast where there are also many minerals
Business Plan for Bottled Water Company
The bottled water market in Nigeria is growing rapidly, due to the increasing number of people migrating to urban areas and the fact that most of them do not have access to safe drinking water. This is where your bottled water company comes in handy.
Bottled water can be sold to offices, schools and other institutions. You can also sell it in supermarkets or convenience stores near residential areas. Your business plan should include a marketing strategy that outlines how you will convince customers to buy your product, and what price point you will use.
Your business plan should also include a production plan that details how much bottled water you will produce each day and how much it will cost you to make this quantity. You must consider this when deciding how many employees you need, as well as whether or not you need any equipment and what kind of equipment it should be (e.g., bottling machines).
Water Bottling Company Business Plan
1.0 Executive Summary
1.1 Company Description
The company is a manufacturer of bottled water products and other related items. The company has been in existence for about two years and has managed to survive the economic recession that Nigeria has been experiencing in the last three years. The owner is a Nigerian who is passionate about manufacturing quality products that will meet the needs of consumers. He has decided to venture into manufacturing bottled water because it provides him with an opportunity to create jobs for people who are less privileged than him. The company manufactures mineral water, fruit juices and carbonated drinks under its brand name “Your Water” with a plan to expand into other categories within the next five years. The company’s vision statement is: “To be a leading manufacturer of quality beverages in Nigeria”. This vision statement guides every business decision made by management as they strive towards achieving their goals as well as satisfying their customers’ needs (Vision 2020).
The business challenges that this company faces include inadequate capital investment which limits their ability to purchase machinery and equipment needed for production processes as well as pay salaries for workers who are key personnel in ensuring smooth operations (Adekunle, 2011). Other challenges include poor infrastructure such as poor road networks
The bottled water business is a very lucrative business to invest in. It has been growing rapidly due to the lack of trust people have in tap water. There are several types of bottled water and each has its own target market. For example, mineral water is for those who want their water to be free from harmful chemicals and additives. It is also good for people who need to drink more water because it contains more minerals than other types of bottled water. The mineral water industry has been growing by leaps and bounds in recent times due to the fact that most people tend not to trust the quality of their tap water even after all the efforts put into cleaning it up.
Bottled Water Business Plan
The first thing you need to do is conduct market research on your target market and find out where they hang out most often so that you can easily get them interested in your product or service. The next step is to come up with a solid business plan that will show how your company will operate, what kind of equipment will be needed, how much investment will be required as well as how much profit you expect to make within a given period of time (usually at least five years).
Water business ideas
The bottled water business is growing globally and in Nigeria. Water bottling companies can be started by anyone with the right knowledge and resources.
Bottling water may sound like an easy business but it is not. You need to have a good idea of what you want to do, how much money you want to spend on it, how many people will be involved and how long it will take before you start making profit. This article will guide you on how to start your own bottled water company in Nigeria.
Water is the most important resource for all living things on earth. It is also the most used resource in daily life. With the increasing population of the world, water demand has increased significantly. Therefore, in order to meet this need, it is necessary to have a business plan for bottled water companies.
Bottled water is a product which can be easily reached by everyone. The consumer base of bottled water companies is very large and diverse. The consumer base of bottled water companies includes people from all age groups, genders and income levels.
The market size of bottled water companies depends on many factors like:
– Availability of raw materials for manufacturing bottled water products
– Cost of raw materials and energy required for manufacturing of bottled water products
– Demand for bottled water products in local as well as international markets
– Distribution channel for marketing these products
Water is one of the most important natural resources on earth. It is essential to life, and we use it for drinking and cooking, as well as for bathing, cleaning and washing clothes.
There are many companies that produce bottled water. However, only a few produce good quality bottled water. As a result of this, there is a large market for bottled water in Nigeria and across the world.
Businesses that produce bottled water can be small scale or large scale. A small scale business can produce up to 100 litres of water per day while a large scale business produces more than 10,000 litres of water per day. The cost of setting up these businesses will vary depending on the type of equipment used and the location where they are located.
Bottled water is a water-based product intended for human consumption. In contrast to other types of consumable liquids, bottled water can be used as an alternative to tap water when both the quality and safety of the latter has become questionable. The term bottled water may also be applied to mineral waters that are packaged in sealed bottles as well as non-carbonated natural mineral water. Some of these waters are naturally carbonated, while others are not. Mineral waters can be sterilized and contain added minerals such as calcium, magnesium and potassium.
Bottled Water Business Plan
The bottled water business plan is a unique business plan for a specific industry. It contains all the information about the products and services offered by the company, its financial goals and strategies for achieving them, marketing strategies, risks involved etc.
A typical bottled water business plan should include:
Executive Summary – A brief summary of your company’s history, current standing and future plans
Company Description – A detailed description of your company including its mission statement
Market Analysis – A thorough analysis of market trends that affect your industry; how much money people spend on bottled water annually; how much they spend on soft drinks; why they prefer one over another; what innovations have been introduced in this industry recently etc
Water bottling business is a fast growing business in Nigeria. There are many reasons why you should start this kind of business and I have listed down some of them below.
1. The market for bottled water is huge
2. You can get good profit from it
3. It takes less capital to start this kind of business