8 Profitability/Sustainability of Pure Water Business in Nigeria

The future of a business lies in the number of loyal customers they have.

The capacity and competence of the employees.

Their investment strategy and their business structure.

If all of these factors are missing from a business.

Then it won’t be too long before the business closes shop.

Profitability/Sustainability of Pure Water Business: https://www.westafricareporters.com

Profitability/Sustainability of Pure Water Business

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Profitability/Sustainability of Pure Water Business

One of your major goals of starting Sachet Water Production Company is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to retail your sachet water and other products a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.

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Profitability/Sustainability of Pure Water Business

Sachet Water Production Company will make sure that the right foundation.

Structures and processes are put in place to ensure that our staff welfare are well taken of.

Your company’s corporate culture is designed to drive your business to greater heights and training and re – training of your workforce is at the top burner.

Profitability/Sustainability of Pure Water Business

As a matter of fact, profit-sharing arrangement will be made available to all your management staff and it will be based on their performance for a period of three years or more.

We know that if that is put in place, you will be able to successfully hire and retain the best hands you can get in the industry; they will be more committed to help you build the business of your dreams.

To make the business more Profitable/Sustainable ensure that you only hire people that are qualified.

Honest, hardworking, customer centric and are ready to work to help you build a prosperous business that will benefit all your stakeholders.

As a matter of fact, profit-sharing arrangement will be made available to all your senior management staff.

And it will be based on their performance for a period of five years or more depending how fast you meet your set target.

Pure Water Business In Nigeria: The Basics | Jiji Blog

Profitability/Sustainability of Pure Water Business

1. Hire qualified and competent hands

In view of that, you should hire qualified and competent hands to occupy the following positions;

  • Chief Executive Officer (Owner)
  • Plant Manager
  • Sales and Marketing Officers
  • Accountants/Cashiers
  • Distribution Truck Drivers
  • Production/Machine Operators
  • Cleaners

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Profitability/Sustainability of Pure Water Business

2. Get the Check List/Milestone

  • Business Name Availability Check
  • Business Registration
  • Opening of Corporate Bank Accounts
  • Opening Mobile Money Accounts
  • Opening Online Payment Platforms
  • Application and Obtaining Tax Payer’s ID
  • Application for business license and permit
  • Purchase of Insurance for the Business
  • Leasing of facility and construction of standard sachet/bottled water plant
  • Conducting Feasibility Studies
  • Generating capital from family members and friends
  • Applications for Loan from the bank
  • Writing of Business Plan
  • Drafting of Employee’s Handbook
  • Drafting of Contract Documents and other relevant Legal Documents
  • Design of The Company’s Logo
  • Printing of Packaging and Promotional Materials
  • Recruitment of employees
  • Purchase of the needed furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV
  • Creating Official Website for the Company
  • Creating Awareness for the business both online and around the community
  • Health and Safety and Fire Safety Arrangement (License)
  • Opening party/launching party planning
  • Establishing business relationship with vendors – wholesale suppliers

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3. Get the Job Roles and Responsibilities of CEO (Owner):

  • Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
  • Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
  • Responsible for fixing prices and signing business deals
  • Responsible for providing direction for the business
  • Responsible for signing checks and documents on behalf of the company
  • Evaluates the success of the organization

4. Plant Manager

  • Responsible for overseeing the smooth running of the sachet water production plant
  • Part of the team that determines the quantity of sachet water that are to be produced per day
  • Maps out strategy that will lead to efficiency amongst workers in the plant
  • Responsible for training, evaluation and assessment of plant workers
  • Ensures that the steady flow of both raw materials to the plant and easy flow of finished products through wholesale distributors to the market
  • Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Serves as the quality control officer
  • Ensures that the plant meets the expected safety and health standard at all times

5. Sales and Marketing Manager

  • Manages external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
  • Model demographic information and analyze the volumes of transactional data generated by customer purchases
  • Identifies, prioritizes, and reaches out to new partners, and business opportunities et al
  • Develops, executes and evaluates new plans for expanding increase sales
  • Documents all customer contact and information
  • Helps to increase sales and growth for the company

6. Accountant/Cashier

  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
  • Responsible for financial forecasting and risks analysis
  • Performs cash management, general ledger accounting, and financial reporting
  • Responsible for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensures compliance with taxation legislation
  • Handles all financial transactions for the organization
  • Serves as internal auditor for the organization

Profitability/Sustainability of Pure Water Business

7. Production Workers/Machine Operators:

  • Responsible for purifying and sealing of water
  • Assist in packaging and loading bags of sachet water into distribution trucks
  • Any other duty as assigned by the plant manager

8. Distribution Truck Drivers

  • Assists in loading and unloading bags of sachet water
  • Maintains a logbook of their driving activities to ensure compliance with federal regulations governing the rest and work periods for operators
  • Keeps a record of vehicle inspections and make sure the truck is equipped with safety equipment
  • Assists the transport and logistics manager in planning their route according to a delivery schedule
  • Local-delivery drivers may be required to sell products or services to stores and businesses on their route, obtain signatures from recipients and collect cash
  • Transport finished goods and raw materials over land to and from manufacturing plants or retail and distribution centers
  • Inspect vehicles for mechanical safety issues and perform preventative maintenance
  • Complies with truck driving rules and regulations (size, weight, route designations, parking, break periods etc.) as well as with company policies and procedures
  • Collects and verify delivery instructions
  • Reports defects, accidents or violations

Profitability/Sustainability of Pure Water Business

Conclusion

The opportunities for sachet water production companies are enormous.

This is due to the fact that sachet water is far cheaper than bottled water and people can easily afford it.

As a result of that, we were able to conduct a thorough market survey and feasibility studies.

So as to position your business to take advantage of the existing market for sachet water.

And also to create your own new market.

We know that it is going to require hard work, but we are determined to achieve it.


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