If you are looking for a profitable business in the Philippines, a water refilling station is a great choice since clean drinking water is a basic need and is in demand in various parts of the country. Although it is considered labor-intensive, the business is relatively easy to run even for first time entrepreneurs. You may choose between franchising or putting up your very own water refilling station.
Take this 5 tips we have here to launch your water refilling station business.
1. Create a business plan.
Create an outline of your business’ identity, vision, brand values, goals and how it will be operated to become successful. Doing this will help you keep in focus in your business.
2. Look for a supplier.
Canvass a number of water refilling equipment supplier and compare their price as well as the quality. If is it possible, don’t hesitate to ask them for a feasibility study so that you will know how much will be the total of your investment for the water refilling station business. However, remember that cheap equipment may not last long so the best thing to do is to pick products that suited your budget.
3. Pick the right location.
Your location plays big role in this business. Make sure that is it near and visible to your target market. It is ideal to choose a site that is heavy in foot trac like places near hospitals, clinics, offices, schools, subdivisions and high-rise buildings. You can ask your supplier to evaluate the place for the best layout and design of your water station.
4. Hire the right people.
Running a water refilling station requires a staff such as delivery man. Though, you may start with just two employees, you may be needing more in the future depending on your customers’ demands. Always make sure to hire a hardworking and easy-to-train staff because they will highly influence the success of your business.
5. Register your business and get permits.
Customer choose to buy products to a licensed store especially when it comes to drinking water. Make sure that your business can provide legal documents to operate like the business permit. Register its name to the nearest Department of Trade and Industry (DTI) office. In this nature of business you will be needing the following:
- Physical, chemical and bacteriological water analysis of potability
- Building and electrical plan signed by a sanitary engineer
- Other common legal requirements when applying for a building permit
- Finally, you can get your form 0506 from the BIR in order to print your receipts.
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