Water treatment business is a lucrative venture that caters to the essential need to have clean water supply. Clean drinking water itself is a valuable commodity for residential and commercial establishments. It’s needed for hydration, refreshments, cooking and for maintaining every person’s hygiene and health. This is why the demand for water treatment companies will never go down as long as there is constant population increase and commercial activity in a particular area.
You may ask how lucrative this business might be? People typically consume at least one liter of water per day. In an average household of four residents, that amount rises to about a gallon of water plus. Clean water is needed not just by residents, but also for industrial, farming and medical processes. Think about supplying enough water for just offices, gyms and restaurants. If you can lock in long-term contracts with the myriads of industries that need water, this business can be extremely lucrative.
Marketing would be nearly effortless because you would only need to be familiar with a certain area and then offer free initial deliveries for your customer’s convenience. For bigger industrial clients, you can offer disinfection, demineralization, sedimentation and arsenic removal services.
Possible Risks of the Water Treatment Business
The water quality depends on the operator and the equipment. This narrows risks into the following:
– if one phase of the whole filtration system breaks down, it affects the entire system.
– Proper training is required to know the right settings on filters, water softeners and refiners.
– This business requires that you be absolutely certain of the product quality you’re delivering. One mistake can ruin your business reputation. Regular water tests should be done to ensure the water quality, that it’s free of any harmful contaminants and within the EPA and health standards.
Things You Need to Prepare
1. Create a business plan – Although the whole business may sound simple, you should still have a plan that will cover your goals in this venture.
2. Make a list of the materials and equipment needed – This can range from the purifying and water filter equipment, water fixtures and pipes, and the water containers and seals.
3. Select a good business location – Set up your system and store location in a place where you can tap in the market easily. Within a residential neighborhood is a good place to start, or near a commercial district where you can lock-in to restaurants and offices as your regular clients.
4. Prepare enough capital – Water treatment equipment isn’t cheap. Entire system of tube settlers, purifiers, softeners, alkaline water and container filling machines can cost thousands of dollars depending on the volume you’d like to process.