Plan your water Atm business
When starting a water vending business, clear plan is essential for success as a water vending entrepreneur. It will help you map out the specifics of your Water vending business and discover some unknowns. A few important topics to consider are:
- What are the startup and ongoing costs?
- Who is your target market?
- What will you name your business?
Luckily we have done a lot of this research for you.
What are the costs involved in opening a water refilling business?
To start a water refilling station, it will cost you at least Ksh. 500,000 when on a budget. However, to start the business with a comfortable capital, you’ll need a total of Ksh 1.85 million to invest in more performant equipment, industrial standard installations, and business permits.
Here are the basic things you will need to pay for:
- Initial water refilling machine
- Storefront
- Delivery vehicle
- Legal documents and business permit
- Supplies (bottles, stickers, etc.)
Who is the target market?
While residential homes provide great clients, you’re better off targeting commercial entities. Make sure you’re selling to larger businesses, as they’re most likely to buy refilled water bottles in bulk. Plus, they can redistribute them for your business—requiring less overall money to distribute your products.
How does a water refilling business make money?
A water refilling business makes money by collecting, testing and redistributing water. Normally, the water is sold in bottles. It can, however, be sold to larger companies for mass distribution. Some water refilling companies sell water filling stations for the home.
How much profit can a water refilling business make?
A successful water refilling business can net its owner as much as Ksh.40,000 per month. As the business expands, however, money will need to be managed effectively to ensure proper scaling.
How can you make your water ATM business more profitable?
Connect with local businesses quickly, and take a disciplined approach to account management and promotions. If you can, make sure your employees are knowledgeable about social network marketing to reduce overall costs. Competition between brands can be difficult for start-up businesses, so it pays off to invest time and effort. Offer something competitors can’t give, and establish a solid value proposition.
What will you name your Water Atm business?
Choosing the right name is important and challenging. If you need a good name for your ATM business, you will need to find a unique, simple and easy for customers to memorize.
If you operate a sole proprietorship, you might want to operate under a business name other than your own name.
When registering a business name, we recommend researching your business name by checking:
- Your state’s business records
- Federal and state trademark records
- Social media platforms
- Web domain availability.
Get in touch with us if you are searching where to buy high quality water station equipment in Kenya
Have you been searching where to buy high quality water station equipment in Kenya? You have come to the right place. We are a KEBS approved business equipment/machinery manufacturing company. The quality of water vending machine you use is a major determining factor in the success of your business. If you have poor quality equipment it will end up frustrating you and costing you to the point of closing down. This is no different when it comes to water vending business.
You can get in touch with us via call, WhatsApp, email, contact us form or leaving a comment here below. Alternatively you can visit our showroom in Ruiru Kihunguro stage next to Shell petrol station kihunguro. See the google map at the footer.
We look are looking forward to serving you.
