31/10/2021
𝐇𝐨𝐰 𝐦𝐮𝐜𝐡 𝐢𝐬 𝐭𝐡𝐞 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐟𝐨𝐫 𝐚 𝐰𝐚𝐭𝐞𝐫 𝐫𝐞𝐟𝐢𝐥𝐥𝐢𝐧𝐠 𝐬𝐭𝐚𝐭𝐢𝐨𝐧 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬?
𝐎𝐯𝐞𝐫𝐚𝐥𝐥, 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐏𝐡𝐩 𝟔𝟎𝟎,𝟎𝟎𝟎 𝐚𝐧𝐝 𝐏𝐡𝐩 𝟕𝟎𝟎,𝟎𝟎𝟎 as an initial investment to start a water refilling station business in the Philippines.
Take note that this estimate already covers building construction (of course, the cost will be significantly lower if you own the property), the machine, permits, containers, motorcycle with a sidecar (which you will need for product deliveries), the cost of drilling the deep well (which will serve as your water source; more on this later), seminar, and other initial expenses.
𝗧𝗵𝗲 𝘄𝗮𝘁𝗲𝗿 𝗿𝗲𝗳𝗶𝗹𝗹𝗶𝗻𝗴 𝗺𝗮𝗰𝗵𝗶𝗻𝗲 𝗲𝗮𝘁𝘀 𝗮 𝗵𝘂𝗴𝗲 𝗽𝗼𝗿𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗰𝗮𝗽𝗶𝘁𝗮𝗹. Fortunately, 𝗳𝗼𝗿 𝗮𝘀 𝗹𝗼𝘄 𝗮𝘀 𝗣𝗵𝗽 𝟮𝟱𝟬❟𝟬𝟬𝟬❟ you can already own a water refilling station. The cost already includes all the equipment needed.
𝐅𝐫𝐚𝐧𝐜𝐡𝐢𝐬𝐞𝐝 𝐰𝐚𝐭𝐞𝐫 𝐫𝐞𝐟𝐢𝐥𝐥𝐢𝐧𝐠 𝐬𝐭𝐚𝐭𝐢𝐨𝐧 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬, on the other hand, can cost anywhere from 𝐏𝐡𝐩 𝟐𝟓𝟎,𝟎𝟎𝟎 𝐭𝐨 𝐏𝐡𝐩 𝟑𝟓𝟎,𝟎𝟎𝟎 depending on the type, number, and size of the equipment included. The cost of rental and overhead expenses are not included.
If you have only saved up the minimum amount of capital, water refilling station owners we’ve interviewed and researched about suggest not to enter the battlefield too easily, This is because you will need more money to pay for the operational expenses which will most likely come from your own pocket during the first few months of operations.
For this reason, it is also advisable not to resort to loans to fund the capital for your water refilling station. Businesses are unpredictable, more so if this is your first venture with absolutely no past experience to rely on. So save up as much money as you can and study the ins and outs of the business carefully before making that leap of faith.
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