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Water Purification Business Plan for Package Drinking Water

Author: Marina

Jun. 17, 2024

91 0 0

Water Purification Business Plan for Package Drinking Water

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  • With a growing number of consumers, the water purification industry has opportunities for entrepreneurs to drive further growth.
  • Starting a water purification business, your top priority should be recruiting, selecting, orienting, training, and counseling employees.
  • Also, it is important to comply with regulations and invest in quality equipment to ensure the safety and purity of the water distribution.

Bottled water remains one of the leading commodities people consume worldwide.

According to estimates, the Bottled Water segment&#;s revenue in will reach $302.50 billion. The market is expected to grow annually by 8.03% between -.

This is simply because bottled water is an essential amenity, so of course, efficient water service companies will never be out of demand. In fact, package drinking companies will generate per-person revenues of $39.74 in . 

This article will be an excellent starting point to help you understand a water purification business plan. If you want to break into water purification services and achieve very healthy gross sales, read along.

List of Water Purification Services

Creating ideas for a water purification business can take time and effort. You can refer to the list of services below if you are new to the industry and need clarification on what you can offer: 

  1. Bulk Purified water

    &#; Purified water typically comes from reverse osmosis, deionization, or a combination of these methods.

  2. Still bottled water

    &#; Bottled still water is the leading alternative to tap water. It comes in a range of mineral concentrations.

  3. Sparkling bottled water

    &#; Making sparkling water involves adding carbon dioxide. People often use it as a healthy alternative because it has fewer calories and less sugar than other sodas.

  4. Flavored bottled water

    &#; Flavoured water is a beverage with additional natural or artificial flavors, herbs, and sweeteners. Water purification is vital to provide safe drinking water for your community. 

Why to Start a Water Purification Business?

There are multiple reasons why water purification businesses are the need of the hour and why you must start one. 

As per Fortune Business Insights, the global water purifier market is set to grow from $30.62 billion in to $50.66 billion by . So it&#;s a growing market, and you can ride the wave by starting your own business.

By , 36% of spending and 9% of volume consumption in the Bottled Water segment will be attributable to out-of-home consumption. That tells us that your services will always be in high demand. 

Also, a growing number of consumers are concerned about their health and the environmental impacts of using untreated water from rivers or lakes. This is expected to drive further growth of the market for water purification services.

Roles and Responsibilities of Water Purification Business Owner

As a water purification business owner, here are your roles and responsibilities: 

  • Your top priority is recruiting, selecting, orienting, training, and counseling

    managers. Communicate values, assign roles, develop strategies and define primary objectives, monitor results, and create incentives. 

  • You&#;re also responsible for fixing your pricing strategy

    and signing business deals.

  • Your employees will look up to you for

    providing direction to your water purification business.

  • You also need to create,

    communicate, and implement the mission and vision statement of your organization.

  • You&#;re the face of your organization,

    so you&#;ll sign the high-level documents.

  • Finally, you&#;ll evaluate the success of your organization

    and be responsible for formulating profit-boosting strategies. As a small business owner, if you&#;re the one managing the water purification plant, these will be your added responsibilities: 

  • You&#;ll oversee the smooth running

    of your water purification (industrial) plants. 

  • As a water purification plant manager

    , you&#;ll need to ensure that all equipment is functional and focus on preventative maintenance and repairs.

  • It&#;s your job to ensure that your plant meets

    the safety and hygiene standards at all times. 

Water Purification Business Plan Template

A well-defined plan relies on market research and stresses quality. It also helps you secure funding and start-up assets, fulfill an unsatisfied market need, attract customers, monitor start-up expenses, and prevents very expensive shut down. 

Here&#;s an elaborate water purification business plan template using which you can create your own business plan.

1. Executive and company summary 

This executive summary aims to summarise the critical points of this comprehensive business plan, saving you time and preparing you for the upcoming content.

An executive summary for a company includes:

  • The business opportunity &#;

    describes the need for your services.

  • Services

    &#; tell how your business will serve the market.

  • The target market

    &#; represents the customer base you will be targeting.

  • Business model &#;

    how your services create, deliver, and capture value.

  • Marketing plan and sales strategy

    &#; describe how you will market and sell your products to a potentially unsatisfied market.

  • Discuss your competition and how you plan to gain market share &#;

    how can you differentiate yourself from your competitors, i.e., what do you offer to customers that nobody else can?

2. Services offered 

The products and services section of your business plan should include a description of the products or services you are offering or plan to offer. 

You should explain how your products and services will be priced and compare the products.

Your product and service section outlines your product or service, why your market needs it, and how it will compete with other businesses selling similar products and services.

3. Market analysis 

Market analysis is about figuring out the needs of your target market, whether the existing products on the market meet those needs, and what competitors are doing to meet those needs.

You&#;ll also want to figure out how much people in your industry make per year, how fast the industry is growing or shrinking, and what kind of barriers exist for new players entering it, so you can decide if the environment is suitable for your business idea.

Essentially: Market analysis helps you determine if there&#;s an actual need for your product or service.

4. Human resources plan 

The importance of a solid human resources plan cannot be overstated, especially in specialized industry sectors. A business needs the right people to do the jobs, and you need a solid plan to hire the right talent.

A well-executed human resources business plan will help you attract and retain talent, which is essential for any company looking to grow.

5. Financial Plan 

A financial plan is not just a list of numbers and projections. It overviews your current business financials and the direction they are progressing in.

Your financial plan will help you set realistic expectations regarding the overall costs and success of your business. You are more likely to be prepared for any eventuality, whether a crisis or incredible growth if you know your financials inside and out.

6. Marketing strategy

Starting a business, ensuring quality service, and promoting operational efficiency are undoubtedly necessary. But you&#;ll struggle with reaching your ideal consumers if you don&#;t have actionable marketing and business strategies. To ensure your business thrives, create marketing strategies that increase brand visibility and keep bringing quality leads. 

How to Start a Water Purification Business? 

Follow these steps to start a water purification business: 

1. Use the business plan template for your water purification business

A comprehensive plan is essential for new water purification business owners. This plan should include all aspects of the company, including start-up costs, funding, and day-to-day operations. 

For more information, please visit UVDF.

New business owners also need to be realistic about their goals and expectations. Finally, it&#;s essential to have a solid understanding of the competition.

Businesses with well-thought-out plans are more likely to succeed.

2. Form the legal entity

When starting your business, you must know what kind of liability exposure you want and your company goals. A sole proprietorship may be enough if you sell to limited consumers. 

But a corporate organization or LLC may be better if you want more protection or to grow the business.

3. Obtain permissions and business licenses

If you&#;re looking to start a new business, it&#;s important to remember that specific licenses and permits are required by law. However, this varies depending on the type of water purification business you&#;re looking to start and where your business will be located.

Contact your local business licensing office or chamber of commerce to find out which permits and licenses you need.

4. Purchase equipment

The most critical elements of starting a water purification business are equipment, tools, and supplies.

You&#;ll need some things for everyday use, like wrenches and screwdrivers, but you&#;ll also need more specialized items, like meters or pumps. And remember your safety equipment. You&#;ll want to ensure you have all the protection you need when working with chemicals or other hazardous materials. 

To ace this step, document everything you might need and research different suppliers that fulfill your requirements. You can also consider renting equipment you won&#;t regularly require; buying expensive equipment that you wouldn&#;t use frequently doesn&#;t make sense.

5. Market your services

Now that you&#;ve built your water purification business, it&#;s time to get it out there and start generating revenue. Your own sales force will prove most helpful here. Start with building a brand identity to stand apart from your competitors, reach monthly sales target, and keep sales growing gradually. This includes naming your business and creating a logo and color schemes to remain consistent across social media platforms. It is branding that helps you charge a premium price and stay afloat in economic downturn.

You can then work on creating a website for your business with all the details. Finally, it&#;s time to create a launch strategy for such a niche product&#;leverage word of mouth via friends and family, social media shout-outs, and influencer marketing. Advertising in local newspapers, paid ads on social media, yellow page ads (local directories), and more are also game changers for your high purity water business.

Let Upper Help You Reach Your Client&#;s Location on Time 

Now that you know how to create an elaborate business plan, let&#;s discuss how you&#;ll fulfill all your orders. 

With Upper&#;s route planning and optimization software, though, businesses like yours save 10 hours per week and get more deliveries done on time. You&#;ll get more done, and your customers will get all their fresh water right when needed.

With Upper, you&#;ll get the most efficient routes for your bottled water delivery.

  • Your drivers can take advantage of the shortest routes

    as per specific constraints, driving preferences, time windows, and more, so you&#;ll always deliver on time.

  • You can mark your shipments low, medium, or high

    as per priority. You can also add multiple stops and details such as service time, importance, or other notes for your drivers to manage their jobs better.

  • Upper sends automatic notifications regarding the ETA

    of delivery to your customers to save your drivers from failed deliveries. It helps them get more deliveries done and ensures items safely reach the end customers.

Try the 7 days free trial today. 

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Conclusion 

Water purification for the bottled water industry is brimming with opportunities. The demand for convenience and high disposable income is driving the consumption of bottled water across the globe. However, you need a comprehensive plan for overall company success. A business plan will help you set realistic goals and expectations, and you can use this plan to get an edge over your competition.

To further grow your business, invest in robust route planning and scheduling software like Upper so that you can provide your services to your customers in time and ditch poor or slow servicing. Try the 7 days free trial today. 

Is Water Purification Business Profitable? How to Start a Water ...

If you are hesitated if it is start water purifcation business, curious about if is water purification business profitable, then you might will be a billionaire after reading this article. Membrane Solutions Water Filter manufacturer will tell you why is water purification business profitable, and how to start a water purification business step by step.

Why is Water Filtration Important?

Before we know how to start a water purification business, we should first know is water purification profitable? The true answer is Absolutely Yes. Water pollution in America is serious than we thought, and polluted water drinking problem is always an important thing our citizens focusing on, while it exists all the time.

According to a report from CDC, the nation&#;s leading science-based, data-driven, service organization that protects the public&#;s health,The United States has one of the safest drinking water supplies in the world. Yet, the water we use for drinking, swimming, and even cooling high-rise buildings can be safer. About 7.2 million Americans get sick every year from diseases spread through water.

 

CDC&#;s first estimates of the impact of waterborne disease in the United States cover illnesses tied to all types of water use. They detail how many waterborne diseases, emergency department visits, hospitalizations, and deaths occur every year, and what these cost our healthcare system. This type of information is referred to as the burden of waterborne disease.

Huge Amount Needs Make Water Filtration Profitable

Huge amount needs of at least 7.2 million Americans that make the water purification business profitable, and it is the ever-growing demand for clean water. Waterborne diseases and contaminants pose a serious threat to public health, leading individuals and businesses to seek reliable water purification solutions. This demand extends across various sectors, including residential, commercial, and industrial settings. By tapping into this market, water purification businesses have the opportunity to provide an essential service while generating significant profits.

The profitability of the water purification business is further enhanced by the availability of diverse revenue streams. Water purification companies can offer a range of products and services tailored to meet the specific needs of their target markets. These may include the sale of water purification systems, replacement filters, maintenance and servicing contracts, rental options, and even bottled water. By diversifying their offerings, businesses can maximize their revenue potential and cater to different customer preferences and budgets

Potential Partnership Makes Water Filtration Business Profitable

Water purification businesses can explore partnerships with various industries, such as hospitality, healthcare, and food and beverage, to expand their customer base and enhance profitability. These sectors have stringent requirements for water quality and often seek reliable purification solutions. Collaborating with such industries through bulk sales, customized systems, or service agreements can generate substantial revenue and provide a stable foundation for growth.

How to Start Purified Water Business?

1. Research and Planning:

Begin by conducting thorough market research to understand the demand for purified water in your target area. Identify your potential customers, competitors, and market trends. Assess the legal and regulatory requirements related to water purification and bottling in your region. Develop a comprehensive business plan that outlines your goals, target market, pricing strategies, marketing approaches, and financial projections.

2. Choose the Business Model:

Decide on the business model that aligns with your goals and resources. Options include bottling and selling purified water, operating a water purification station with refillable containers, or offering delivery services. Each model has its own advantages and challenges, so carefully evaluate which one suits your business objectives and market dynamics. 

3. Secure Permits and Licenses:

Obtain the necessary permits and licenses required to operate a purified water business in your area. These may include health department permits, water source permits, water testing certifications, and local business licenses. Complying with regulations ensures that your operations meet the required standards and builds trust with customers.

4. Source Reliable Water Supply:

Identify a dependable and sustainable source of water for purification. This can include tapping into municipal water sources, drilling a well, or partnering with a trusted supplier. Ensure that the water source meets regulatory standards and conduct regular water quality tests to guarantee consistent purity.

5. Choose Purification Technology:

Select appropriate water purification technology based on the quality of the source water and the desired output. Common purification methods include reverse osmosis, activated carbon filtration, UV sterilization, and ozonation. Consult with experts or engineers to determine the most suitable system for your specific needs and budget.

6. Establish a Production Facility:

Set up a production facility equipped with necessary infrastructure, including purification equipment, storage tanks, bottling machines, and labeling systems. Design the layout for efficient workflow and compliance with sanitary standards. Implement proper hygiene protocols and establish quality control procedures to ensure consistent product quality.

7. Packaging and Branding:

Design an attractive and recognizable brand identity for your purified water business. Create distinctive packaging that conveys cleanliness, quality, and trustworthiness. Invest in high-quality bottles, labels, and caps that meet safety standards. Consider environmentally friendly packaging options to align with sustainability goals.

8. Marketing and Distribution:

Develop a comprehensive marketing strategy to promote your purified water business. Utilize both traditional and digital channels to reach your target market. Consider partnerships with local retailers, restaurants, and fitness centers to expand your distribution network. Offer trial promotions, loyalty programs, and exceptional customer service to build a loyal customer base.

Conlusion

All in all, is water purification business profitable? You already have a YES on your mind. There are a lot of people are in need of healthy water, as a water filter manufacturer, we have the responsibility to protect them by expressing our water filters to their houses, making sure less people suffer from polluted water. And this will be a profitable for everyone, it's either wealth or health. And we believe you might know how to start water filter business. Don't hesitate further, invest in Membrane Solutions Wholesae Water Purifiers.

The company is the world’s best water purifier equipment for sale supplier. We are your one-stop shop for all needs. Our staff are highly-specialized and will help you find the product you need.

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