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Money on Tap: How to Start a Bottled Water Business
Did you know that 1,500 bottles of water are consumed in the USA every second? This huge statistic goes to show how big business bottled water has become. It is both a basic unit of life and also a fashion statement.
If you are considering getting into the bottled water business, what do you need to know? How can you get started and where can you find the needed equipment?
Why not read on to find out the answer to all these questions.
Where do I Start?
Even if you are planning to start at home, you will need to invest in some basic equipment to start your water bottling operations.
You will need to purchase a water treatment plant that can ensure that your water has the content and quality that you will display on the label. Following this, you will need equipment to sterilize the tubing and bottles that will carry the water.
As your operations expand you will need to employ trained professionals who can work with and guarantee the quality of the product.
What license will I need?
While it might seem simple to arrange the production of bottled water, you will need government approval to sell it. There are two kinds of licensing that you will need.
A general license from the Food and Drug Administration and a permit from your local state health department.
What Basic Premises Will I Need?
Depending on the size of your ambitions and initial production rate, you will likely need to spend at least $750,000 on your first bottling location. This will include your equipment for treating bottling and packing your water for shipping.
While you may be able to find a water bottling line for sale relatively easily, sourcing a water provider and forming a distribution network can be more challenging.
How Much Can I charge?
Depending on the price of your water source, you may be able to sell water at as much as 100 percent markup.
Initially, you will generally be able to sell your water for as much as $1 a bottle. However, if you are marketing your water as having especially high quality or as having specific nutrients, you may be able to charge more.
The goal for most bottled water companies is to establish a strong distribution network and regular customers. To be able to do this you may need to market your water at a lower price initially and then gradually raise your price over time.
How to Start a Bottled Water Business and Much More
Water is one of the basic elements of life and has become a huge business opportunity in recent years. If you have a unique angle and provide a quality product you may be able to succeed in the bottled water business.
If you are looking for other business plans and suggestions, then why not check out our blog articles? We gather the latest information and author independent articles that can help you and your business. Why not take a look at how we can help you today.