Start a bottled water business by following these 10 steps:
- Plan your business.
- Form a legal entity.
- Register for taxes.
- Open a business bank account & credit card.
- Set up business accounting.
- Obtain necessary permits and licenses.
- Get business insurance.
Starting a bottled water business requires an initial investment of $10,000 to $50,000. Consider rent, utilities, employee wages, and other ongoing costs.
Many startups can use employees rather than heavy equipment to save money in the beginning stages. For the most part, startup costs for a water bottling plant begin around $750,000 and can cost up to $1.5 million or more.
Market Research
1 Do Market Research
The market research gives you vital knowledge about an industry and how to gain a competitive environment. It will help you learn your business prospects, what water bottling products have a potential sales market you can target, how to approach branding, and more. Market research is vital at every stage of the process from the initial concept to promoting them to customers.
Frequently Asked Questions
How much does it cost to start a water bottle brand?
- Minimum startup costs for a bottled water business: $1,817
- Maximum startup costs for a bottled water business: $27,209
- Average startup costs for a bottled water business: $13,936
The global bottled water market size was valued at USD 217.66 billion in 2020 and is expected to expand at 11.1% from 2021 to 2028.
Starting a Water Brand
How do I start a water brand?
Creating a business plan, securing financing, and putting together a team of competent professionals are crucial steps. Learning the ins and outs of starting a business is essential before diving into the water industry.
How do I become a mineral water distributor?
- Sign up to be a distributor with the company you choose.
- Stock some inventory.
- Find customers for your business.
- Set up a delivery schedule for your customers.
In this guide, we’ve outlined the essential steps to start a water company. If you follow these steps, you’ll be well on your way to building a successful bottled water business.
Where Can I Download a Bottled Water Business Plan PDF?
You can download a Bottled Water business plan PDF here. This is a business plan template you can use in PDF format.