You have found that there is a huge market for bottled water in your area. And you have decided to satisfy this market by starting your own water bottling plant. It is a big step forward towards achieving the ultimate goal of personal and financial independence.
The success of your water filling installation will depend on many factors. And among them it is worth noting the location. Yes, the location of your business can make or darken your chances of success. So choosing a good location is critical to the success of not only your water bottling business, but the success of any other business you can think of. Without wasting any time, here are 10 tips for choosing the best location for your water bottling plant.
1. Study the demographics of the region
Never subjectively assume that a particular location is ideal for your business; you should really research the demographics of the area. In doing this, you want to not only explore your target market, but also consider your workforce needs. Your ideal location should be as close to your target market as possible and should be able to provide you with the right people you need to grow and grow your business.
2. Consider the visibility
Make sure your business is visible from major roads and can be easily located. While you don’t have to be on the cutting edge, you want your target customers to have no trouble finding and reviewing your water dispenser. Hide your business from potential customers and make sure it goes out quickly.
3. Evaluate security
Safety is another important factor to consider when choosing the location of water distribution for a plant. It is not just about your personal safety, but also the safety of your employees, customers and suppliers. You may need to do some historical checks and keep an eye on vital signs. An area known for its brutality and criminality is not suitable for your bottling plant.
If the competition in the region of your choice is too fierce, you might be forced out of the market very soon after starting your business. So unless you have strong outlets that will get you moving quickly, you better find another location with less competition.
Competitor analysis can also provide you with valuable information. For example, if your competition is struggling to keep afloat, that is enough to indicate that the location is not good enough.
5. Get to know your neighbors
Before settling in a specific location, always consider which companies are operating nearby as this could affect the image of your bottling plant and create a bad impression on your potential customers. For example, your bottling plant is unlikely to be successful if it’s located next to a waste disposal plant because the two plants provide contrasting images of cleanliness. However, your business is more likely to be successful if it is located next to another business with the same target market.
6. Consider the costs
In addition to the base rent, you need to consider all the costs associated with choosing a location. Does the rent cover security, building maintenance and utilities? Would you like to spend on transport “You have to take that into account and compare with other locations you have.
7. Power supply
Almost all manufacturing companies are directly or indirectly dependent on the government. And your bottling plant is no exception. Make sure the location in question has sufficient power for your business needs, including power, number of outlets, and network capacity. Check if the electrical devices in your area are powerful enough to withstand your equipment, especially large devices that absorb energy.
To be visible is one thing, to be available is another. Visible businesses don’t have to be easily accessible. Your location should have good roads connecting it to your target customers and sufficient parking space.
9. Consider your space and equipment needs
Check if there is enough room for your business. While it may be tempting to buy a location because the rent is cheap, you need to make sure it meets your space and available space needs.
10. Consider possible expansion plans …
This may not be an immediate problem, but you should take this into account when choosing a suitable location for your water bottling plant. If you are convinced that your business will need more space in the future, you should check if your location can provide this information.