Is water bottle business profitable?
Is water bottle business profitable?
Is Bottled Water Business Profitable? The profit margin in mineral water business is highly dependent. If you sell 500-ml, 1-liter, and 5-liter jars, the average profit will be 10-15%. However, if you sell 5-liter jars, the average profit will be around 30-40%.
Can I sell my own bottled water?
Once you have met the requirements to bottle the water and sell it in your state, you will need to go through a similar process for each state where you plan to sell the water. Most states require that you be certified before you can sell water there even if you produce the water in another state.
What is the best water in the world to drink?
Top 10 bottled waters
- Voss Artesian Water. (Voss Water)
- Saint Geron Mineral Water. (Gayot.com)
- Hildon Natural Mineral Water. (Gayot.com)
- Evian Natural Spring Water. (Evian)
- Fiji Natural Artesian Water. (Gayot.com)
- Gerolsteiner Mineral Water. (Gayot.com)
- Ferrarelle Naturally Sparkling Mineral Water. (Gayot.com)
- Perrier Mineral Water. (Perrier)
How do I start a pure water business?
Steps to start a pure water business:
- Business plan.
- Register the business with the Corporate Affairs Commission (CAC) and NAFDAC.
- A befitting place for business (factory site)
- Sink a borehole and install tanks overhead.
- Install distillation system for water purification.
- Get a sealing machine.
- Get packaging materials.
What business can I start with 200k?
Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.
- Open a Restaurant.
- Start a Fumigation Business.
- Laundry and dry cleaning services.
- Starting your own home services.
- Importation of wears.
- Livestock farming.
- Car wash center.
- Corporate cleaning services.
How much money can you make selling water?
“It’s actually pretty easy to make money selling bottled water. If you’re in a high traffic area you could move anywhere from 20-50 bottles an hour. You can usually charge between $1-$2 per bottle. Depending on the price you want to charge and the profit you want to make per bottle, you could be making up to $75/hr.
How much will it cost to start a pure water business?
1. Purchasing Land and Building the Factory: N5 million – N7 million. To start a pure water business in Nigeria, you need land, and depending on your capital, you can lease or build your own factory.
How much does a pure water machine cost?
Pure Water Machine Price in Lagos In Lagos, the price of Pure Water Machine goes between N400,000 to N1,150,000 depending on the make, specification, and brand.
How much does it cost to start a bottled water company in Nigeria?
NAFDAC registration costs about N50,000 excluding hidden costs and charges, and the CAC demands a business name registration which costs about N10,000 and the registration of the business itself which may cost you between N50,000-N100,000.
How do I find my nafdac number for pure water?
Basic Steps To Get NAFDAC Number For Your Bottle/Sachet Water.
- Step 1: REGISTER YOUR BUSINESS WITH THE CAC. Get your business registered with the Corporate Affairs Commission (CAC) wherever you are in Nigeria.
- Step 2: REGISTER YOUR TRADEMARK.
- Step 3: SETTING UP THE BOTTLE/SACHET WATER FACTORY.
- Step 4: NAFDAC REGISTRATION.
How much does it cost to get a nafdac number?
The registration fees increased from ₦150,000 + 5% VAT to ₦803,500. The fees for obtaining permit to import samples increased from ₦10,500 + 5% VAT to ₦21,000 + 5% VAT. Also the new guidelines specifically provide fees for processing and inspection.
How much does it take to register with nafdac?
The applicant need to pay NAFDAC N200, 000.00 plus 5% VAT for imported products and N50, 000.00 plus 5%VAT for local and herbal products.
How much does it cost to register for nafdac number?
The Real Reason Why NAFDAC is Giving MSME 80% Discounts On Registration
MEDIUM SCALE COSMETICS | ||
---|---|---|
APPLICATION FORM | 2500 | 500 |
REGISTRATION FEE | 22000 | 4730 |
INSPECTION FEE | 15000 | 3225 |
TOTAL | 39500 | 8455 |
Can I sell my products without nafdac number?
It is illegal to sell products that have no NAFDAC registration number to the public. It is the responsibility of every producer or manufacturer of products in Nigeria to ensure he or she identifies and registers their products with NAFDAC or else will be penalized.
How do I register with my son?
How to register products online:
- Visit www.son.gov.ng.
- On the home page, click “e-Product Registration”, then “Continue”
- For a new company registration, click “New Account”, enter the RC/Business number (i.e. RC1234) and a valid email address.
- Click “Sign Up”.
How do you check if a product is nafdac approved?
Use The Product Name To Search You can go to the registered products search portal of NAFDAC at nafdac.gov.ng/product-registration. and type in the product name deployed on the package of the food you want to look up.
How do you know if a drug is real?
Here are some ways in which you can ascertain their authenticity:
- Check the seal. The security seal, especially in bottled medicines, should not be damaged or tampered.
- Check the packaging.
- Visual inspection of medicines.
- Price.
- Unexpected side-effects or allergies.
- Verify authenticity by sending SMS.
What is Napams?
NAPAMS is an e-registration and data capture system that provides an online electronic medium for the application for products registration with NAFDAC and the data capture of all existing and current products approved by NAFDAC.
How do I trademark a name in Nigeria?
What are the Requirements for Trademark Registration in Nigeria?
- Applicant’s details (I.e, Name of Company, Individual or Firm)
- Contact detailsof the applicant.
- Power of attorney appointing the trademark agent. (
- A copy of device, logo, word or words proposed for trademarking.
How can I legalize my logo?
You can also register a trademark for your logo with the Secretary of State in the state where you will be using the logo. Doing so protects your rights only within that state, so the logo can be used by others in other states. The third and most expensive option is to file a trademark application with the USPTO.
Can trademark registration be done online?
Registration of a trademark is done by the registry of the trademarks. When you plan on registering a trademark there are a few steps involved. Mark search: You can either do this yourself by going to the online website of the Controller general of patents, designs and trademarks.
How do I register a brand name?
Here’s how you can apply for trademark:
- Decide on your unique brand name and logo.
- Conduct an online search.
- Fill-in the trademark application.
- Filing for the brand name registration application.
- Scrutinizing of your brand name registration application.
- Publication in Indian Trade Mark Journals.
How do I copyright a logo and name?
Registering a trademark for a company name is pretty straightforward. Many businesses can file an application online in less than 90 minutes, without a lawyer’s help. The simplest way to register is on the U.S. Patent and Trademark Office’s Web site, www.uspto.gov.
How do I patent a name and logo?
No, It Isn’t Possible to Patent a Name To protect your brand name and logo, you will need to utilize the trademark registration service. Both patents and trademarks are registered with the United States Patent and Trademark Office. You will need to submit the proper application and pay the appropriate fees.
How do I trademark a name for free?
You can not register a trademark for free. However, you can establish something known as a “common law trademark” for free, simply by opening for business. The benefit of relying on common law trademark rights is that it’s free, and you don’t need to do any specific work filling out forms, etc.