1. Write your strategic plan
Although it will serve as a starting point for your business strategy, this article does not in any way replace it. Your strategic plan must be thoroughly written, including your goals for the company and how you intend to get there. Each aspect of the business, such as the cost estimation, market analysis, marketing, and administration, should be covered in a thorough business plan. To assist you in writing your plan, you could employ a qualified consultant.
In case you are unfamiliar with what a business strategy is, A business strategy is a written document that contains all the information about your setup and operational goals and plans for your pure water business. To provide you a blueprint of your business, we’ve include information on beginning and operating costs, marketing and sales tactics, pricing and profit margins, supplier lists, insurance details, and other subjects.
Your pure water manufacturing strategic plan may be amended as the company grows to better outline and direct future operations. It can be used to secure investors, apply for business financing, and perform other analytical tasks. As a result, it is a crucial document that you must not be without. Market research and a business strategy will cost you N120,000.
2. Register the company with NAFDAC and the Corporate Affairs Commission (CAC).
Every business entity, including sole proprietor ships and limited liability companies, must register with the CAC in order to be held accountable. In a similar spirit, every company that sells food, drugs, or consumables must register with a government regulator. Additionally, each business needs to register with the appropriate tax body (Federal Inland Revenue or the State Internal Revenue). If NAFDAC registration proves to be challenging, time-consuming, or you wish to operate on a relatively small scale and do not want to go through NAFDAC protocol, you can also seek a license from another well-established pure water company in a different region of the country.
3. Purchase Land
For your business, a minimum of one plot will serve, unless you want something significantly larger. However, if it’s a small-scale facility producing pure water, one plot of land should be plenty.
Land prices could be lower in other states. You must go and inquire about the cost of the property where you want to build your plant to produce pure water. If you wish to locate your plant close to a city, allocate N2M to N6M for land. It’s crucial to record your property. Cost of land, Surveying, C of O, and other papers hence equals N6 million to N8 million.
4. Build a Bungalow
Building a home that will function as your factory, fencing it off, equipping it, drilling a borehole, and interlocking the entire property. Everything will cost between N4 million and N12 million, based on the size of the building.
5. Installation of the Distillation system
Distillation can be used on all incoming water types and is the most efficient method of water purification for producing pure water. Distillation systems, as opposed to other treatment techniques like carbon filters and reverse osmosis, are effective on nearly all contaminants, independent of water pressure, temperature, pH, or chlorine, and capable of producing safe, 99.9% pure water even when dealing with water that contains bacteria and parasites.
5.1 Generator
Purified is water which has been heat to the point of boiling in order to extract contaminants from the water, which then turns into steam or vapor. The steam is then refrozen into a pure liquid state. The contaminants are eliminated while remaining as residue.
Systems for purifying water distillation eliminate biological pollutants found in water, including bacteria, viruses, heavy metals, volatile vapors, cysts, organic and inorganic compounds, and more. Nearly all minerals, trace elements, and solids are absent from distilled water. It is pure, natural and nutritious. All the other waters are compared to steam-distilled water as the gold standard.
5.2 Reverse Osmosis Distillation System
However, Reverse Osmosis is among the most popular and simple to install. If you have the money, reverse osmosis also yields water that is extremely pure and ideal for your manufacturing of pure water.
5.3. Ultra Violet Bulb
In Nigeria, the majority of water purifiers only employ ultra violet bulbs, which are less efficient but less expensive. The image of an ultraviolet bulb therapy system is shown below.
6. Purchase Automatic sealing Devices
The automatic sealing machine is another crucial piece of equipment that powers your production line. You only need one, but if you’re hoping to produce a lot of things, you might need two or three. However, for a typical production, one is perfectly fine.
The type of Koyo sachet water sealing machine is excellent. This machine is one of the most technologically advanced liquid compound packaging machines currently in use. It has three sides that are sealed, is intermittent, and is the size of a double door refrigerator. It can automatically perform Bag creation, filling, sealing, printing, cutting and counting. automated photocell and microprocessor control.
The cost ranges from N300,000 to N700,000 and can cover your daily production needs. It operates automatically and effectively completes its task.
7. Purchase a Supply Truck.
After the sealing machine, you’ll need to spend a lot of money on a transport vehicle. Avoid being cheap in your price when it relates to supply truck. You are aware of the state of Nigeria’s roads, and you will frequently go far into developing areas to provide. Nothing is worse than investing in a truck that breaks down so frequently that it might bankrupt you.
You need a reliable old European vehicle with a strong track record. You can purchase a very nice Mitsubishi Canter for N4 million.
8. Recruitment
One of your company’s most delicate issues is this. The lifeblood that powers your entire production system is human resources. When choosing, exercise caution. The people listed below are what your business needs.
- One operator
- Three packagers
- One Cleaner
- One Driver and one attending Loader
- One Marketer
- Two Security men
A manager who might also serve as the cashier if you can’t afford to hire more staff.
9. Electricity
To power the processes, a generator set also needs to be installed. There are many manufacturers and generator capacities, and it all depends on the capability of the business as well as the start-up funding.
10. Get in touch
Make rapid contact with merchants who will sell the water. Before extending credit, always check their creditworthiness; else, they might fire you from the company.
In Conclusion
Running a pure water company in Nigeria can be very profitable, but it also takes dedication, perseverance, and some cash.
In Nigeria, you just need a start-up capital of roughly four million naira to launch a pure water business.
The size of the organization defines the scope of operations, the input in money, human capital, and machinery. This is merely a guide.
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