Youth Entrepreneurship

Menu
  • Welcome
  • Dayo Profile
  • Contact Dayo
  • JOIN OUR FORUM
  • Testimonials
  • Shop
  • Our Business Plans
  • OUR PRODUCTS
    • Coaching
    • Entrepreneurship book for Africa Students
    • MLM E-BOOK: How to Recruit and Get to the Top Fast in Any Network Marketing Business
    • Set Up Money Making Blog for Just N50,000

80 Things You Will Learn from 72IG Affiliate Marketing School, Digital Marketing Skill Development and Expertnaire Affiliate Implementation Programme. (Cost N65,000)

CLICK HERE

4 MAJOR CHALLENGES PURE WATER AND TABLE WATER BUSINESSES ARE FACING IN NIGERIA

Dayo Adetiloye Business Hub

4 MAJOR CHALLENGES PURE WATER AND TABLE WATER BUSINESSES ARE FACING IN NIGERIA

My Name is Ishola Precious I am writing this regarding the establishment of a Table Water business in Nigeria under the strict regulations of the National Agency for Food and Drug Administration and Control (NAFDAC)

4 MAJOR CHALLENGES PURE WATER AND TABLE WATER BUSINESSES ARE FACING IN NIGERIA

4 MAJOR CHALLENGES PURE WATER AND TABLE WATER BUSINESSES ARE FACING IN NIGERIA

 I am writing this to guide prospective investors in this business against mistakes common in the start-up of a typical Table Water business in Nigeria.
Over the years, I have realised that many people are looking for a good business to invest in and once they hear about the ‘pure water’ business, they rush in with little or no information about the business. This had caused a lot  business failure and liquidation within the industry as many people would end up rushing out the way they rushed in.

From experience, victims of these business failure are majorly Nigerians who have zero or little knowledge about the business,  most rush into the business with a myopic mindset that the business is a simple as bagging water and selling and because they have the money, they just engage a consultant or be the consultant themselves and the rest becomes story.

Most investors will not employ the right consultant who has a sound knowledge about the business, while some will be the ‘Alpha and Omega of it all’, this has caused a lot of issues. The sincere truth is, It is not everybody that can run a table water production business. This was what informed me to develop this piece to reveal the mistakes you might make in this business. I believe it is better for you to know what’s involved so that you can know whether you have what it takes to run this business.

4 MAJOR CHALLENGES PURE WATER AND TABLE WATER BUSINESSES ARE FACING IN NIGERIA

MISTAKES IN THE BUSINESS

#1
You can never run a Table Water Production Business at loss because water is a free gift of nature

If someone has told you that You can never run a Table Water Production Business at loss because water is a free gift of nature, or you just developed that belief yourself, I beg to disappoint you by saying it’s a Big Mistake.

This is the part that many Consultants would not tell you because they are after luring you into the business and make their money, thereafter leaving you to be managing your problems. This is why many Table Water businesses most especially those producing only sachet fail. In fact Statistic has it that, on the average, NAFDAC registers 3000 new table water products (New Companies) every year and it will also surprise you that more than 2000 companies close down business every year in Nigeria, most especially, within the first 2years of operation.

Is this not disturbing?

Yes it is actually disturbing! Indeed it is disturbing to know that the business you want to start is susceptible to such a business continuity challenge.
But despite this challenge, many water factories are doing well. The difference between those that are doing well and those that are closing down is how they started. Simply put, the failed ones started wrong. Therefore if you make this kind of mistake, you’ll be making a big error.
Just like every other business, you can run at loss if proper management and controls are not put in place. I quite agree with you that water is a free gift of nature, it is of important to note that you need to package your water in some kind of packaging material. This constitute the material cost.

4 MAJOR CHALLENGES PURE WATER AND TABLE WATER BUSINESSES ARE FACING IN NIGERIA

4 MAJOR CHALLENGES PURE WATER AND TABLE WATER BUSINESSES ARE FACING IN NIGERIA

Most importantly you need a very good filtration system as it is the major lifeline of your business, this filtration systems and maintenance can be categorized under your production cost.

Moreso, you need the services of people who will work in the factory to operate the machine and pack. Payment for these services and others constitute the labour cost.
After production, you need to take it out to the buyers and you will use a delivery van for this. The cost of maintaining the delivery van as well as payment for the service of the sales team make the selling and distribution cost.

In a big or medium scale venture, there may be need for administrative staffs and some other costs incidental to production and distribution, all these cost items are to be planned for. so the business is not just a magic money tree where you just rake in money anyhow as many people has made it look.

#2
Anybody can do the business and make huge profit from the first year of production

Please get me right, Not anybody can do this business successfully! Don’t be scared, find out why I said so.
If you can not manage this business by yourself and you cannot employ adequate controls to manage the business, If you cannot wait patiently to understand the sales and growth pattern of this business in your environment and work with it, if you are not the vision carrier or have a great passion for the business, if you cannot invest substantially enough capital for smooth take off, and mostly if you cannot learn before you start, then I put it to you this business is not for you.

 #3
once the business is running no more challenges.

This is one of the biggest mistake in this business, constant maintenance and quality control is very important so as to maintain your standard and improve sales. Your filtration system must be checked periodically and perfect hygiene must be maintained in the factory always to avoid uninvited element in the system.

4 MAJOR CHALLENGES PURE WATER AND TABLE WATER BUSINESSES ARE FACING IN NIGERIA

4 MAJOR CHALLENGES PURE WATER AND TABLE WATER BUSINESSES ARE FACING IN NIGERIA

 #4
NAFDAC registration is very expensive and difficult to do.

Even though I am neither a NAFDAC spokesperson nor its representative, I can tell you NAFDAC registration is not difficult nor expensive. Even NAFDAC encourages producers to do the registration by themselves.

These and many more are the mistakes  most investors make and some consultants tell you  just to lure you into the business, they make their money and leave you to face the music.
Do not get me wrong, I am not saying Pure Water business is not good. All I’m saying is you need to learn about it. It is just like any other business. You need to carry out your feasibility study to get it right.

The major cost factor in the table water business is the cost of the packaging materials and maintenance of filtration system.
It is very profitable if you do it the right way.
It has a high rate of staff turnover.
It is capital Intensive. If you must make good money, You must Invest good money

Read Also: Pure Water Business  Plan Nigeria

WHAT YOU NEED TO KNOW BEFORE GETTING STARTED


1. Business registration: You need to register your business name. whether a business venture or a limited corporate entity.

2. Trademark registration: After registering your business name, then you need a trademark. Trademark is the Product registration.
Factory Building: Most advisable to build a new business structure for the factory but if you want to operate a low budget, you can use an existing building.

3. Source of Water: There are some sources of water accepted by the NAFDAC. But the most often used in Nigeria is the underground water popularly referred to as borehole.

4 MAJOR CHALLENGES PURE WATER AND TABLE WATER BUSINESSES ARE FACING IN NIGERIA

4 MAJOR CHALLENGES PURE WATER AND TABLE WATER BUSINESSES ARE FACING IN NIGERIA

Patience in the business cause a lot need to be put in place to achieve optimal result.

Good staff relation and motivation this is because your workers to a very large extent will determine if your business will survive.

 

THANKS.

 

Instant chat with our consultant, click here

 

We are a business plan writing company and we will help you to write a business plan for your Pure water business. Call or WhatsApp 081 0563 6015, 080 7635 9735

 

4 MAJOR CHALLENGES PURE WATER AND TABLE WATER BUSINESSES ARE FACING IN NIGERIA

To buy the remaining part of this business plan, including the detailed financial analysis, call any of our business plan consultants on 08105636015, 08076359735 and 08113205312. You can send a WhatsApp message or email us either at dayohub@gmail.com or info@dayoadetiloye.com.

 

We help institutions and organizations write concepts, implement Business plans, and train on business Plan writing in Nigeria.

We can help you write a detailed, bankable and comprehensive business plan for your business idea.

Call any of our business plan consultants on 08105636015, 08076359735 and 08113205312

Or send a WhatsApp message or email us either at dayohub@gmail.com or info@dayoadetiloye.com.

 

Read Also:

1. Executive Summary of Iced Water Business Plan in Nigeria.(Opens in a new browser tab)
2. 19 Best Investment Opportunities for Entrepreneurs in Nigeria(Opens in a new browser tab)
3. Top 5 business and services with the highest demands in Nigeria(Opens in a new browser tab)
4. NEW PURE WATER BUSINESS PLAN IN NIGERIA(Opens in a new browser tab)

5. PURE WATER BUSINESS PLAN IN NIGERIA

Enter your name and email and Download our FREE eBook, get the weekly newsletter, Update on Grants, Business Opportunities & Premium Services from DayoAdetiloye.com... Joining is FREE!
Your information will *never* be shared or sold to a 3rd party.
  • Author
  • Recent Posts
Dayo Adetiloye Business Hub
Lets connect
Dayo Adetiloye Business Hub
Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).

Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.

Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.

We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.

Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community

Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.

Business Goals and Objective

- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better

Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness
Dayo Adetiloye Business Hub
Lets connect
Latest posts by Dayo Adetiloye Business Hub (see all)
  • Philanthropist Kole Akintujoye’s Our Daily Bread Foundation: Eradicating Hunger in Nigeria and Beyond - March 20, 2023
  • 28 Reasons why Norland Network Marketing Company is the best in Nigeria - March 16, 2023
  • Top 50 Ways to Generate Leads for Expertnaire Affiliate Marketing Platform in Nigeria - March 16, 2023

Share this:

  • Tweet
  • WhatsApp

Related

Prev Article
Next Article

12 Comments

  1. Sandra

    Thanks for such a helpfu article.

    August 25, 2018
  2. john

    No doubt, this is a good post. please can I take permission to use your photo image of pure water factory and the bottle water machine for use on my post on PURE WATER NYLON ROLLS, that is about to be published on my blog. Thanks

    August 9, 2019
    • Dayo Adetiloye

      The picture are from Google search.

      August 11, 2019
  3. Abubakar

    We’re into production of shrink wrapping nylon product use for packaging bottles water and industrial nylon colors use for interlocks and any items plastic product package…you can patronize us

    October 23, 2019
  4. Olusegun

    This is an eye opener. Thanks

    April 2, 2020
    • Dayo Adetiloye

      You are welcome Olusegun

      April 2, 2020
  5. Chukwuleta chimuanya

    I really appreciate, now I understand what it takes to own a pure water factory

    June 9, 2020
    • Dayo Adetiloye

      Thanks Chukwuleta. We are glad you Got Value. you can call us for any of your Pure water needs

      June 11, 2020
  6. youisah yaisah

    really amazing, fully interested in business, but financially imbalance pls. sir what are the way out?

    November 3, 2020
    • Dayo Adetiloye

      Get high paying skill and find a place to deploy it.

      November 3, 2020
  7. Emontonghan B O

    Good evening I have a purwate and bottle water business I need a help how to manage the business I have bus but too many problems from the divers every day problem

    June 26, 2021
  8. David

    I wanted to start a pure water production business but after reading this post, I will like to give it another thought. Thanks for sharing. https://www.egwunutshellblog.com

    October 8, 2021

Leave a Reply Cancel Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Search this Blog

MLM Instant Recruiting Formula

Grant Winning Blueprint

How to Turn Yourself into a Live Breathing Cash Machine

Ecommerce Business

Follow me on Facebook

Follow me on Facebook

Follow me on Twitter

My Tweets

Youth Entrepreneurship

…Raising Millionaire Young Entrepreneurs
  • About
  • Dayo Speaks
  • Disclaimer
  • JOIN OUR FORUM
  • Shop
  • Privacy Policy
  • Sitemap
  • Advertise With us

About Us

Dayoadetiloye.com is a property of Dayo Adetiloye Business Hub committed to connecting entrepreneurs with resources.

We are one stop Business Resource Center where we help you discover, Develop and Fulfil your business potentials.

On this platform, we help you develop business plans and strategies, connect you with funding opportunities and share with your business opportunities.

Facebook Community: https://www.facebook.com/groups/156197005130352/

Twitter: www.twitter.com/dayoadetiloye

Email: Dayohub@gmail.com

Popular Posts

  • 50 SMALL SCALE BUSINESS IDEAS IN NIGERIA AND STRATEGIES TO START IT
    50 SMALL SCALE BUSINESS IDEAS IN NIGERIA AND STRATEGIES TO START IT
  • Peter Obi's Biography, Net Worth, and Rise to Popularity
    Peter Obi's Biography, Net Worth, and Rise to Popularity
  • 25 BUSINESS IDEAS FOR UNIVERSITY STUDENTS IN NIGERIA
    25 BUSINESS IDEAS FOR UNIVERSITY STUDENTS IN NIGERIA

Popular Category

  • Affiliate (36)
  • Articles (723)
  • Business Grant (342)
  • Business Opportunities (422)
  • Business Plan (682)
  • Competition (46)
  • CV Writing & Career Guide (61)
  • Dayo Initiative (13)
  • Entrepreneur of the Week (19)
  • Executive Summaries (148)
  • Expertnaire Affiliate Marketing (5)
  • Finance (15)
  • How To (133)
  • Job Vacancy (18)
  • Latest Post (1,681)
  • LOAN (23)
  • MLM Coaching (11)
  • Network Marketing (176)
  • NEWS (21)
  • Norland Nigeria (70)
  • Ofada Rice (6)
  • Online Marketing (50)
  • Product Sales (9)
  • Recharge and Get Paid (11)
  • Scholarship (7)
  • Scholarships (11)
  • Sponsored Post (223)
  • Trainings / Events (151)
Copyright © 2023 Youth Entrepreneurship
Dayo Adetiloye Business Hub

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh
Enter your name and email and Download our FREE eBook, get the weekly newsletter, Update on Grants, Business Opportunities & Premium Services from DayoAdetiloye.com... Joining is FREE!
Your information will *never* be shared or sold to a 3rd party.
 

Loading Comments...