Water Refilling Station Business

Guide to starting a water refilling station

Like any business, starting a water refilling station will require you to do some research and homework. Here are some tips for those who plan to start the business:

1. Consider your financial resources. You can start your own water refilling station with a capital of Php 200,000 which will get you the most basic setup. Php 500,000 will get you the most appropriate arrangement. However, if you wish to put up the store at a prime location, you might need around seven digits as capital. Factor in the location, equipment, and probably delivery trucks or delivery bikes if you are planning on providing delivery services.

2. Find a good location. Residential areas will be your best bet in looking for a location. However, avoid places where there are already established competitors, and do an actual count of your available market to know whether or not you can earn enough to cover for your expenses and achieve your profit objectives.

3. Comply with the necessary legal requirements. Starting a water refilling station business will require you to obtain different sanitary certifications, continuous compliance with the Code of Sanitation, other laws touching the business, and other requirements necessary for the business operation. You can find many of these laws and requirements posted online in their respective government websites.

4. Consider fair market value. For a starting business, you must consider pricing your service in line with the fair market price set by most water refilling stations around for you to avoid setting a price war. Compete by providing fast and reliable quality of service rather than setting your prices at a suicide level to gain more customers. Just make sure that your price is enough to cover for all the costs necessary for the business operation and enough for you to actually earn.

5. Do not sacrifice water quality. Equipment repair and cleaning are not something you can postpone just to earn more. To keep your customers’ trust, you must never sacrifice the quality of the product you are selling to them. Do not wait for complaints.

6. Offer excellent customer service. Go beyond what is commonly offered. Why not try loyalty cards for repeat customers, or speedy delivery services? Excellent customer service can extend beyond providing a warm smile and courtesy to your customers.

7. Expand your market. You are probably thinking of a barangay-wide market, being the sole water refilling station on your block. Instead of waiting for walk-in clients, bring your business to them. Hand out flyers and offer delivery services. With this, you can expand your market even beyond the block where your operations are being done.

BusinessCoach, Inc., a leading business seminar provider, conducts a seminar entitled, “Starting a Water Refilling Station Business.” Contact (02) 727-5628, (02) 727-8860, (0915) 205-0133, or visit www.businesscoachphil.com for details.

Click here to view details of the seminar: Starting a Water Refilling Station Business »

*Originally published by the Manila Bulletin. C-4, Sunday, September 7, 2014. Written by Ruben Anlacan, Jr. (President, BusinessCoach, Inc.) All rights reserved. May not be reproduced or copied without express written permission of the copyright holders.