Today's Virtual Office

Virtual offices means work will completed in virtual. so how can we do it virtually?

Now a days this is the prime question of IT sector or if i do it then how can i get our work value. Is it trust-able? Thousands of questions like that. At first we have to clear up the work nature of virtual. Generally many companies do their works in low cost where the work value is lower. so the underdeveloped and developing countries unemployed people can get job to feed themselves.No capital outlay. No staff costs. No legal complications. Unparalleled personalized service.Our Virtual Office service provides you with a local point of contact in Hong Kong for your customers and all the benefits of a permanent office without the need to actually be there.Our professional support team will answer your phone calls, handle your mail and faxes and relay messages to you within minutes, so that you can concentrate on running your business.

A Virtual Office is ideal for:
Having a requirement to hold meetings in the city but no requirement for a full time office
People who often travel and therefore do not have the need for physical office space
Individuals that work from home but require a city identity
Those who require an office identity but do not have the budget for a physical office
New business start-ups who wish to test a new market and cannot yet justify the cost of setting up a permanent office.

THEORY OF BUSINESS IDEAS

Small Business Start Ups 

small business ideas for third world country is the main stick for depends. For these reason we want to share the basic ideas of SME and its starting procedure. the business will help to better understand the present situation of the world business. So every should keep in mind that business is business and all should do for only business. Starting a small business is for many an irresistible challenge. Creating and running your own business can be immensely rewarding in various ways: personal fullfilment, self-discovery, financial independence, a way to make your mark in life, and also to make a positive contribution to your local community or chosen business area. While these lessons, tips and guidance give simple help on how to start up a small business in the third world, the principles and techniques - including the increasing use and success of micro-finance (also referred to as micro-loans or micro-credit) apply to starting a small business anywhere in the world. This free article and guide to small business start ups in the developing world has been contributed by Lynette Dobbin of the Microloan Foundation, which is gratefully acknowledged.

Our modern lives and high-tech environments sometimes obscure the simpler values and lessons in life. These references points also help keep a humble perspective, and a straight and honorable path.

We often think of the Third World - that non-specific catch-all term for countries we deem to be less 'developed' than ourselves - as somewhere that relies heavily on us for support. We offer them - sometimes slightly patronising- our superior skills, top flight technology and sophisticated expertise. And there is no doubt, as anyone who has ever visited the poorer parts of Africa and India will attest, that they do indeed desperately need our help.

Yet if you told a bank manager working anywhere in the modern developed world that you knew of an organization that consistently achieved 97% repayment of business start-up capital, his or her eyes would probably start to water with envy. For the truth is that for all our sophistication, technology and expertise, most business start-ups in the western world will fail within their first five years.

Many eminent institutions have developed their own reasoning as to why this should be. Dunn & Bradstreet for example believe that 90% of all small business failures can be put down to poor management, lack of planning, and under-capitalization. Others highlight poor location, over-investment in fixed assets, and lack of experience.

It may therefore surprise you that in some respects, there are things we ourselves might learn from looking at the way in which people in a country like (in our example) Malawi set themselves up in business. For these people generating an income can prove to be literally the difference between life and death. And as this model shows, virtually all the skills needed to start a successful small business can be extrapolated from the experience of a small group of women in Malawi.

These examples come from the MicroLoan Foundation, a small UK registered charity, which has been helping people in the developing world set up small businesses since 1998. The charity provides the know-how, the start-up capital, and on-going support but the individual borrowers design and run the businesses for themselves. 97% of the loans are re-paid in full, a figure that most UK bank managers could only dream about. The 3% failure rate results from several factors, one of the commonest being that the borrower has died. With life expectancy of only 37 years, a high incidence of HIV/AIDS and malaria, it is a sad fact of life that some of the businesses will fail because of death.

The following illustrates the key success factors in running these successful small businesses:



Small Business Start Ups - background research

Many businesses start ups fail because of inadequate market research. Overcrowded sectors, insufficient customer awareness, wrong location - the list of potential pitfalls is almost endless. In Malawi however the situation is very simple.

There is not a great deal of choice available, because of course there would be no market for hi-tech wizardry in a village with no electricity, nor branded consumer goods for people who have never seen a television. So there is no temptation to come up with a revolutionary new concept, product or service and then try to find a market for it.

People need food, and people need clothes, and to a limited extent people need things like fishing lines and firewood. Agnes Mwaremware lives in a village located 5 km down a deeply rutted dirt track. To get to the main road villagers had to walk this distance and then travel to the nearest trading centre crammed into the back of a heavily overcrowded pick up truck. One or two of her neighbours had invested in the ultimate convenience, an exceedingly elderly bicycle, but found themselves at a loss when the chain broke, or the brakes failed, or (as often as not) the whole thing fell apart. Agnes spotted her niche and now runs a stall supplying bicycle spares to her community. This is not the sort of market research that would move mountains, but it is nevertheless based on sound analysis and common sense. It is not surprising therefore that her business is doing well.

Small Business Start Ups - legal position

How often do would-be entrepreneurs come up with a terrific idea only to have it fail because they cannot negotiate change of use for a premises, permission for alterations or construction, or they fail to observe the necessary rules of environmental health and local planning requirements? In Malawi, no-one would dream of setting up a business before first consulting the local chief or village head man. True, this may be a matter of common courtesy rather than a legal requirement, but understanding the permissions that a business needs to trade is an important piece of the start up framework.

The same principles, although more complex and extensive (health and safety, equal rights, to name just two examples) apply in the developed world.

Small Business Start Ups - location and route to market

The choice of where to trade in Malawi is again governed by simple rules. It has to be somewhere that people can get to. It has to be somewhere that needs the product or service. And (importantly) it has to be somewhere from which the trader can easily obtain his or her raw materials or commodities. Often the simplest choice turns out to be best. Adija Msw for example borrowed £15 and started selling tomatoes on a makeshift table outside her mud hut. Her home is several kilometres from the nearest trading centre and in the middle of a well populated village settlement. She knew that she would have a ready market because her villagers often complained about having to walk into town to buy their supplies. Adija is Malawi's answer to the corner shop and the profits form her business support a family of 12 dependents. She now sells fish and firewood as well.

In the age of e-commerce and sophisticated distribution models, identifying a location and route to market is just as crucial for business start-ups in the developed world.

As the example from Adija's business shows, it is not always either necessary or desirable to over-invest in fixed assets at the start of a business undertaking. Adija has had to expand her operation to accommodate the firewood but she has taken the simplest route again - she stacks it neatly on the ground.

'Quality' is often defined (quite rightly) as 'fitness for purpose'. The lessons from Third World business start-ups are valuable ones for the developed world too - find common-sense solutions to business start-up and growth challenges. Unnecessary overheads will result in higher prices for your customers, so keep solutions simple and practical.

Business Know-how and financial discipline

To become a company director in the UK requires completion of a certain amount of paperwork but needs no evidence of understanding or experience in business itself. People can and do set up in business without being able to read a balance sheet or prepare and cost a business plan. Elementary business know-how is one of the cornerstones of the MicroLoan Foundation's philosophy and success. Would-be borrowers are required to demonstrate that they can manage money by saving up a small sum themselves - 10-15% of the loan they seek - before receiving their money. They then receive business training over a six week period in which they are taught to run meetings, elect their own chair, secretary and treasurer, keep records, bank money, manage their cash-flow, budget for their business and ensure that they make a profit. They don't have calculators and some cannot read and write so all their sums are done by means of good old fashioned mental arithmetic.

The inescapable and harsh financial realities of the Third World create a level of accountability for small business start ups that is far less forgiving than typically found in the modern corporate world. In relative terms we have it very easy indeed.

Mentoring Support - get a second opinion

MicroLoan's business start up borrowers meet every two weeks with their Loan Officer to review how their businesses are progressing, and to make repayments against their loan. Many of the borrowers find this timescale extremely tight, but the discipline is vital. Businesses stay on track and well-managed when realistic expectations are agreed, monitored and followed up. The Loan Officer's input is crucial because if a business is struggling then this can be identified at any early stage and corrective action can be taken. This is obviously a level of input that cannot be expected from normal large commercial lending organisations, so to have an informal and experienced mentor is an invaluable source of both moral and practical support.

Getting a good second opinion when setting expectations, and monitoring performance, is helpful for everyone in business, everywhere. No-one in business knows all there is to know about themselves - we need the advice and opinions of others to help us fill in the gaps and to understand the full picture.

Teamwork and Networking

Interestingly, MicroLoan lends to business start up groups of between eight and fifteen women, and the group is collectively responsible for the repayment of each individual loan. This means that individuals wishing to participate in the scheme firstly have to network amongst their own communities in order to recruit the requisite number of beneficiaries. It also means that the group members have to agree amongst themselves what businesses they wish to pursue. This fosters a spirit of co-operative endeavour, in which one member may well have an idea that can be taken up by another, and the group as a whole puts together a balanced portfolio of ideas.

It also means that if one member of a group gets into trouble, the others are both willing and prepared to help her out. This is particularly important where, for example, one member of a group becomes ill. Although in the case where a group member dies before her loan is repaid the loan is written off, where someone is suffering from an illness from which she is likely to recover other members of the group take personal responsibility for carrying her through the period of her ill-health.

As well as providing an inspirational lesson in team-working, the team approach to Malawi business start ups demonstrates the value of effectiveness of working in a team towards a collective aim, even though each individual team member has her own particular activity and focus.

This is rather like the collective sense of teamwork and mutual support that individual departments should aspire to in modern corporations and organizations. Individual different responsibilities brought together with a collective vision and commitment. It's powerful stuff. 

From above discussion we can get in decision that all kinds of activities what do in the entrepreneurship is called business ideas and business plan.above video showing this truth.  

business technology,entrepreneurship and market review: RULES OF SMALL CAPITAL INVESTMENT

business technology,entrepreneurship and market review: RULES OF SMALL CAPITAL INVESTMENT: Small Capital Investing Rules Small capital investment is the life blood of any country’s economy we can’t think without the big investmen...

RULES OF SMALL CAPITAL INVESTMENT

Small Capital Investing Rules

Small capital investment is the life blood of any country’s economy we can’t think without the big investment without small kind of investment. So every citizen should involve with any kind of productive small investment business. So in business we generally face many kind of problem. It happens for our unconscious mind. If you want to a perfect investor then you have to conscious about it. These can be bind in a rules of investment. Rules are- 

Rules for Small-Cap Investing: Deadly Trading Sin #1: Greed
This is where you desire more than you need. In the trading and investing world, greed rears its ugly head when you ignore price, asset allocation and position sizing. You buy too much of a “sure thing,” only to lose your shirt when you are wrong.
Remember, it is important to stay within your means any time you trade or invest. Never put more than 2-5% in a single position. Make sure you have a blend of stocks (small cap, large cap, emerging markets, growth, value) and bonds in your portfolio. The idea is to position yourself so you make money in all markets — and not get crushed if one thing doesn’t go your way. 

Rules for Small-Cap Investing: Deadly Trading Sin #2: Lust
You hear about a stock that has such a sexy story you just have to own it. All of a sudden, things like fundamentals, balance sheets and cash flow statements don’t matter. You are drawn to the possibility of triple-digit gains. And nothing is going to stop you from investing.
It’s like Ralph Wanger told me last year in his Chicago high-rise…
How many guys go to the same chic bar every weekend looking to “get lucky”? Twenty hot shots scale the bar up and down looking for the hottest woman in the room. Then at the end of the night they all make their move — hoping to take the girl home. Problem is…
As they all make their move, they form a wall of drunk and sexually frustrated men around this one woman. Inevitably, she wants nothing to do with any of them and walks home — alone.
“Wouldn’t it be a lot better to look in the local library to find a woman?” Wanger asked me. “Most men don’t look there. It’s out of the way and not thought of as a sexy hangout. But a guy probably has a better shot of finding someone he could share his whole life with at the library than at a crowded bar with tons of competition.”
The same is true in investing, of course. The best opportunities aren’t the ones everyone is talking about already. The real money will be made by investing in the companies flying below Wall Street’s radar screen — the ones buried away in some library stack. 

Rules for Small-Cap Investing: Deadly Trading Sin #3: Envy
This is when you hear a “success” story from a neighbor, family member or co-worker. They tell you about the fortune they made on stock XYZ. Feeling left out of the action, you buy the stock as well. You end up making an emotional decision to buy a stock. That’s almost never a good idea.
The true greats of Wall Street (Buffett, Templeton, Price, Greenblatt and Whitman) spend hours and hours each day understanding the business they are investing in. They make sure the company is fundamentally sound. They base their ideas on cold, hard facts…not emotion. And that’s exactly why they are billionaires and your neighbor isn’t.


Rules for Small-Cap Investing: Deadly Trading Sin #4: Laziness
You buy a stock without doing any due diligence of your own. Maybe you hear about a hot tip from a friend. You read an article in the newspaper about a sure-fire idea. Or you overhear your racquetball buddy talk about an opportunity with his broker. At the end of the day you think to yourself, “I am tired. I don’t have any time to do this research on my own. I trust my friend. So why not?”
Come on! This is your money! You work hard for it. So why not make sure you know how it is being invested? Read a company’s annual report. Look at its balance sheet. Look at some simple ratios. It will take you about two hours and will save you from investing in companies with no future whatsoever.


Rules for Small-Cap Investing: Deadly Trading Sin #5: Gluttony
You have unrealistic goals on a trade or investment. The average person (believe it or not) expects to make 400% in three months on a trade!
This is the sin that drives me the most crazy. Let me tell you right now: you will NOT make 400% in three months! Forget it! The greatest investors of all time make between 14-30% a year. So make sure your expectations are realistic.

Rules for Small-Cap Investing: Deadly Trading Sin #6: Pride
You make a decision to buy a stock and shortly after calling your broker, you realize your reason for making the trade was completely wrong. Instead of admitting your mistake and getting out for a small loss, you stay in the position. Inevitably, what happens? Your small loss turns into a very big one.

Rules for Small-Cap Investing: Deadly Trading Sin #7: Vengeance
After taking a loss on a position, you feel the need to blame someone. Whether it is your broker, your neighbor or your favorite small-cap editor, you spend a lot of time cursing someone else for your bad fortune — instead of learning and trying to understand what went wrong so you can improve moving forward.
At the end of the day, you have responsibility for your own portfolio. You should never invest in anything unless you are comfortable with the decision. Forget everyone else. Do what is right for you.
I recommend you print out this list of common investing mistakes. Read it every time you think about putting your hard-earned money into a stock. Make sure you aren’t falling victim to any of the seven sins. If you aren’t, chances are you will do just fine.



Rules for Small-Cap Investing: What Happens When You Don’t Follow the Rules

A month later, the company comes out with some breaking news. Its “sure-fire” cancer drug is no longer sure fire. Unexpectedly, it didn’t make it through the first phase of the FDA trials. To your horror, the stock immediately plunges and doesn’t stop until your $10,000 investment is worth a mere $500 (hardly enough to buy a scooter, let alone a new Beamer). 

Sound at all familiar?
This is the scenario CFP John Wilkinson presented to 75 people at the Agora Financial Trader’s Conference in Puerto Vallarta, Mexico. He wanted to illustrate the routine mistakes traders and investors make that cost them a fortune — time and time again.
“The difference between professional traders and you,” John said on stage, “is that professional traders don’t fall victim to the seven deadly sins: greed, lust, envy, laziness, gluttony, pride and vengeance.”
The example of buying a stock in order to keep pace with your annoying neighbor is a classic case of envy. Sure, the story was a little over the top. But it happens all the time. And even if you haven’t fallen victim to the sin of envy, chances are you have violated at least one of the other six sins…

Above discussion you learn about the rules of investing and what happens if you don’t follow these guideline. So for every investor have care about the valuable investment. I hope everybody will benefited a lot from these article. If someone get benefit from this blog, I will be happy from your comments. So please comments of these blog.

Setting-Up a Water Refilling Station

water refilling setting details

As small and medium enterprise water refilling business is the most suitable for an entrepreneur. If you are an entrepreneur think that invest somewhere to get profit and expand your business. By doing business of water refilling you can capture the market and desired customer. So if you are enough brave and risk taker then you are looking for a perfect investment.  

                                                         

One of fast expanding business in Manila, and in most Metro cities nationwide, is the water refilling station. It’s mushrooming on every street corner, because a lot of people in urban areas prefer to get their drinking water from these water stations, it’s simply clean and safe to drink.

This is the reply from an ex-OFW about my inquiries of setting-up a water refilling station. He’s an owner and supplier.

Sir ito po ang complete information ko about water refilling station. In here meron po akong offer for 1000gpd, mga tips at requirements sa wrs. About your questions… ROI maybe a year…kasi we all know that the first three months ay more on marketing.

If you will really decide to go into this business, I am willing to help you, I do not mind visiting the site kun meron na kayo. I will give you ideas how to run the business…Promo ko po yan sa first five customers ko.Salamat and you will not regret going into this business…

Go into water refilling station business because:

1. You can earn 40 thousand a month.

2. Very easy to operate and can be installed right under your home.

3. Water is a basic need. Your customer will grow as time goes by. You can pass the business to your kids and generation ahead.

4. Lot of people really made it big because of this business. Do not let somebody do it before you do.

5. You will be proud and happy to own a water refilling station (speaking from experience).

Equipments:

1000 GPD Reverse Osmosis Water Purifying Unit.

1. Filters:
- 10×54″ FRP (blue), Multimedia filter with timer head
- 10×54″FRP (blue), Granular Activated Carbon, with timer head
- 10×54″ FRP (Blue), Softener with timer head and brine tank
- 20″ slim (blue), 5 micron sediment filter
- 20″ slim (blue), polishing filter

2. Reverse Osmosis Unit
- 1 no. 2.5×40″ R.O. membrane w/ stainless casing
- ½ hp procon pump, USA
- Low pressure controller
- 2 flowmeters
- 2 Pressure gauges
- stainless steel frame
- Control Panel for automation.

3. Water tanks
- 210gallons stainless steel raw water tank
- 210 gallons stainless steek product tank

4. Disinfection
- Ultraviolet – Germicdal (5GPM)

5. Pumps , motors
- 0.5hp pumps, stainless head, Italy complete with 21 gallons s/s pressure tank, pressure switch at gauge.
- 0.5 hp pumps (raw), stainles head, Italy with switch and gauge.

6. Installation :
- Installation and supply of pipes for 25sqmeter area is included in our offer.

7. Warranty
- 1 year warranty for mechanical parts
- 6 months warranty for electrical parts

8. Delivery:
Free within Metro Manila

9. Support
1 year technical support.
1 week training of your staff.

10. Package Price: P250,000.00 only

Advantages of our system
- The system is fully automatic and requires minimum maintenance and monitoring.
- The system can be upgraded upto 2000GPD with minimum cost.
- Pumps are from Italy
- Protection from low pressure, overload and short circuit.

I do not sell just to make money but also to help good and hard working people to survive this test in life – that is my commitment I know this business and I have learned to love it. Let me share my blessing. I am willing to help.

Water Refilling Station Costing, requirements and other important informations.

A. Capital Computation


a. 1000GPD water purification
b. Renovation of the station
c. Sign board
d. Stickers
e. 100 Bottles slim
f. 100 Bottles round
g. Motorcycle
h. two layer side car
i. Paper , documentation
j. Water testing
k. heat gun

250,000.00
75,000.00
3,500.00
12,500.00
12,500.00
15,000.00
65,000.00
15,000.00
3,500.00
4,500.00
2,500.00


Total
Say total capital

459,000.00
500,000.00


B. Cost, Sales, and Profit

o Rent 5,000

o Meralco 6,000

o Water 3,500

o Driver salary 4,500

o Refiller salary 3,000

o Fuel 1,500

o Telephone 500

o Depreciation 2,500

o Maintenance 1,000

o Consumables 1,000

Total cost 28,500

Sales for 1000GPD
Gallons (24hr.period) 1000
Bottles (5gal container) 200 bottles
Monthly (26days) 5,200 bottles
Sales (P35per bot) 182,000.00
Net Profit 153,500.00 monthly

Kung half lang ng capacity ang nabenta..meaning 100 bottles per day.
Sales = 91,000

Net profit 62,500.00 monthly, 64,000 monthly not bad pa rin di ba? Of course habang dumadami ang bottles produced at customer you may need to employ one more driver to accommodate the delivery.

C. Important Requirements:

1. 25sq meters of space

2. Good source of water. Total Dissolved Solids must be below 500ppm. Meron ako tester na ginagamit to know ang TDS ng tubig. Above this TDS (500ppm) baka the quality ng product ay maapektuhan.

D. Papers required for acquiring the License for your WRS

1. DTI

2. Barangay permit

3. Mayor’s permit

4. Sanitary permit from Municipality or DOH

E. Suggestions:

E1. Location

1. You do not need to rent spacious place at along highway or road dahil tataas lang ang operating cost mo. If you have 25sqmeter sa bahay mo that will be enough. Or if you will rent naman siguro maximum take a place that would cost from 5000 to 10,000 maximum at dapat meron agreement for 5 years at least.

2. If you are inside a well populated subdivision, very good because from the subdivision itsel you can easily earn 2 to 4k sales per day. At matipid pa sa gasolina.

3. You do not need to be along the highway dahil 90percent of your sales will be home delivery.

E2: Equipments.

o Actually you are saving if you will get higher capacity of Reverse Osmosis purification unit. You need to run the system half of the time(12hrs. Only) to produce 1000 gallons. Anyway, yung equipments naman ay madali i-upgrade.

o If you can afford, get the fully automatic system. Wala ka ng babantayan na mapupuno or aapaw sa tanke. Just switch it on at it will automatically start and stop when empty at full na ang mga tangke.

E3: Delivery

You should have an idea kung saan ang maging market mo. Kung subdivision lang..motorcycle na lang ang biling mo dahil it can carry 25 bottles din at matipid sa gasolina. In our case P500 full tank every 8-10days. Noong jeep ang gamit namin it is P100 per day. Some uses padyak lang. Kung posible sa lugar niyo why not.

Water refilling is recent most important business for in this world. Because world is polluted day by day. Water also contaminated. Pure water is crying need of this world. So  you can participant of this new  business probability. 

water refilling station

HOW TO START A WATER REFILLING BUSINESS START

Water refilling station set up is most profitable site of business. Many can want to initiative to start this business. But launching a business is not so easy task. To make task easy everybody should good care of the many things related to this business. Every element should be under consideration. One of the fast expanding business in Bangladesh, and in most Metro cities nationwide, is the water refilling station. It’s mushrooming on every street corner, because a lot of people in urban areas prefer to get their drinking water from these water stations, it’s simply clean and safe to drink. Over the years, as the demand for cleaner water becomes higher, the price of household water purifiers and bottled water has become prohibitive. Water refilling stations managed by private entrepreneurs offer a cheaper and more convenient solution to the public’s drinking water needs than bottled water or the use of household filters.

 It’s easy to start with this kind of business, here’s the actions how:

1. Look for a supplier or seller of water refilling equipments and ask for the price list of different equipments that you can choose, if possible, ask for the feasibility study too to know how much the cost or total investment needed to put-up this type of business.

2. After studying the quotations and the total cost which you think is enough for your budget or capital, then you can start negotiating with the supplier. Ask for discounts and know the after-sales support you can get from them like maintenance and warranty. Don’t go for cheap equipments as this will not be worth in the long run. Always compare and check carefully what you can see on the photos they give against the actual equipment.

3. After choosing the right equipment to purchase, look for a good place to put your refilling station. Some local municipals require a minimum of 25 sqm. total area for this type of business, but oftentimes 20 sqm is enough. If you don’t want to rent a place, you can use your own house. Sales will not be a problem even you’re inside a subdivision.

4. If you already found the location for you refilling station, you can now contact your preferred equipment supplier for your final negotiations. Ask for a typical layout of a water station from them that you can copy for your own water station. Some suppliers will check and evaluate the place for the best design and layout.

5. Oftentimes, the supplier will ask for a down payment before starting to prepare your equipments. The lead time for complete assembly is 2 to 3 weeks. Ask for a receipt or letter when paying for a down payment.

6. After closing the deal with the supplier, you can now start the construction of your water station that will take 3 to 4 weeks to finish. Start also making the deep well if this will be your preferred water source. Let the supplier check your water station during the construction to so that the lay-out will be strictly followed. It is very important that the carpenter follows the lay-out carefully especially on the washing area, pipings and drainage layout. While the construction is on-going, you can apply for a business permit to save time.

7. Go to the nearest DTI in your area and bring your residence certificate and barangay clearance. It’s advisable to list 5 to 10 names you choose to name your business to avoid delay when your preferred name was already taken.

8. After getting the registered business name from DTI, go to your local municipal office and apply for a Mayor’s business permit. The process takes 2 to 3 weeks depending on the area. Some municipal office will require you to submit (a) water analysis of potability (physical, chemical and bacteriological test) from your raw or source of water. (b) Engineering drawings (building and electrical plan) signed by a sanitary engineer at other common legal requirement when applying for a building permit.

9. After getting the business permit and operation permit from municipal office, go to BIR and fill-up form 0506 and pay at the counter. After processing at BIR, you’re now ready to make and print your receipts from the printing press. Some printing press will require you to show the approved form 0506 issued by BIR before printing your receipts.

10. It’s now time to buy other supplies you will need like water containers, seals, heat gun, sanitizer soap, etc. You can also start doing your store’s signage and sticker labels for your products.

11. Once the construction of your water station is over and the water source is ready, you can now schedule the installation of the equipments (it’s better to do it at night not too many people are roaming around). Complete installation takes 1 to 2 days only.

12. Allow the machine and equipments from 1 to 3 days to dry-run before selling the product, or get a sample for a water analysis. Go to the nearest DOH office and ask the procedures on how to test the water. Tip: it’s better to get a water sample after a month of operation to make sure that the result of water analysis is good.

13. Wait for the result of water testing. If it passed, then good luck and welcome to the club! If it failed the test, call immediately the one who installed your equipments and let them make sure and analyze why.

Other Frequently Ask Questions

Q: What are the different types of water you can sell?
A: There are four types of water that can be produced from the available equipments in the market today.

1.    Mineral Water = Less investment but the disadvantage is shorter shelf life.

2.    Purified Water = Equipments are more expensive that Mineral process with the use of “Reversed Osmosis system”, the water will last up to 6 months.

3.    Alkaline Water = Current fad because of positive write-ups about health benefits for people, but like mineral water, the shelf life is short.

4.    PI Water = Started from Japan, known to have good effects in people’s health but it’s still quite expensive and not that popular in the Philippines. The customers are mostly Chinese. The selling price is about P200 to P250 per container (5gal.)

Q: What is the best source of water, Nawasa or deep well?
A: Either of the two is fine, but deep well will give you a long term savings compared to Nawasa’s costly monthly charge for commercial use.

Q: How many personnel is required to run a water station?
A: At first, 3 is enough, 1 driver, 1 helper and 1 washer. The number of personnel is relative to the demand of your products.

Q: What are the consumable items with this type of business?
Answer:

o    Sediment Filter = replace every month or depending on the quality of the water source.

o    GAC or Carbon Filter = usually 6 to 8 months average but if the water source is not good maybe 4 months only

o    Carbon fillings = 8 moths to 1.5 years average lifespan, or will be replaced if broken or the water starts to smell

o    Daily use of seals

o    Stickers

Q: How true that this business is profitable and fast ROI?
A: All business is not instant magic, the potential is good simply because water is a necessity. But this type of business, as with other business requires hard-work, patience, and ability to sell your product.

Basic Feasibility Study

A. Capital Investment

1.    Water Refilling Machine – P 250,000.00

2.    Renovation or new store at least 20sqm size – 75,000.00

3.    Delivery vehicle (motorcycle with carrier or multi-cab) – 75,000.00

4.    Business permit & other legal docs (DTI, Mayor’s permit, Water testing, etc.) – 10,000.00

5.    Initial Supplies /miscellaneous – 31,750.00

o    a) 150 Bottles slim – 18,750.00

o    b) 50 Bottles round – 7,500.00

o    c) heat gun- 2,500.00

o    d) Stickers – 3,000.00

6.    Others – 8,250.00

o    Total = P 450,000.00

Note: Actual investment may increased or decreased depends on your actual resources, example:

o    a.) less amount for the delivery vehicle if you already have existing or you can buy 2nd unit.

o    b.) less amount for the store building if you have existing.

o    c.) increase or decrease amount on refilling equipment, depends on what type of water product you wants to sell ( e.g. Mineral is only P150,000.00 etc.)

B. Sales Income

Check market price per 5 gal. container. Price may vary depends on the area what type of water product you want to sell:

o    Mineral Water – P20 ~ P25 per container

o    Purified Water – P30 ~ P35 per container

o    Alkaline Water – P45 ~ P50 per container

o    PI Water – P200 ~ P250 per container

B1. Monthly Sales – P39,000.00

o    1ST 2 Months: Target is at least 50 containers /day (50 containers x P30.00 selling price x 26days)

B2. Monthly Expenses – P15,600.00

1.    Manpower/salaries – P 500/ day or P 9,100.00 /mo.

o    1 driver – P200 /day

o    1 re-filler – P150 /day

2.    Electric bill – P3,500.00

3.    Phone bill – 500.00

4.    Transportation / gas allowance – 1,500.00

5.    Consumables and others – 1,000.00

B3. Net Profit- P23,400.00 (Gross Sales – Gross expenses = Net Profit)

Note: You cannot compute your monthly sales based from your machine capacity (GPD Gallon Per Day) like other vendor’s computation, simply because you cannot sold 200 bottles a day in the first 2 months operation of your business unless you’re already operating for a year and you already established your customers in your area.

In this blog I just want to serve the new investor who have some money to invest and looking for the most suitable investment. Water refining is highly demanded in our country for pollution of water extremely. so as over come this problem water refine and refilling is the only way to serve the people and earn a good quantity of money.

THE BUSINESS OF WATER FEFILLING

Every entrepreneur first choice is those kind of business that is profit is maximum but the investment is low. Keep in mind that kind of thinking I just want to present most high rate of profit producing business. Drinking water is now that kind of business. Water business means collect water, refining it and then market the product for the intended customer.

Some believe the profit potential in a water station business has already dried up with the mushrooming of water stations nearly everywhere. The truth, however, is that it is easier for a smart new comer to succeed than it is for an established old timer who resists competition. With more Water Stations to choose from these days, people naturally look for the best quality at a lower price. This leads unwise business owners to think they can cut on quality and offer a cheaper price. This never works. People will always put a premium on health over a few saved pesos. 

One of the fast expanding business in Manila, and in most Metro cities nationwide, is the water refilling station. It’s mushrooming on every street corner, because a lot of people in urban areas prefer to get their drinking water from these water stations, it’s simply clean and safe to drink. Over the years, as the demand for cleaner water becomes higher, the price of household water purifiers and bottled water has become prohibitive. Water refilling stations managed by private entrepreneurs offer a cheaper and more convenient solution to the public’s drinking water needs than bottled water or the use of household filters.

The demand at the water refilling stations – water stores that sell purified water – is now increasing. The quality of purified water conforms with the national standards for drinking water and is even better than the quality of water produced by traditional water supply systems in terms of removed impurities.

Over the years, as the demand for cleaner water becomes higher, the price of household water purifiers and bottled water has become prohibitive. Water refilling stations managed by private entrepreneurs offer a cheaper and more convenient solution to the public’s drinking water needs than bottled water or the use of household filters.

At present, about 3,000 water refilling stations have proliferated nationwide. They sell purified water of comparable quality with bottled water at a lower price. For example, the current price per gallon of refilled purified water in Metro Manila ranges from P 50 to P 120 per 5-gallon container or about P 2.50 to P 6.00 per liter while the bottled water is sold at P 12.00 to P 25.00 per liter. Household filters, on the other hand, cost P 5,000 to P 25,000 per unit ( 1 US $ = P 56 in 2004).

In Metro Manila, most of the water refilling stations are connected to the pipes of two concessionaires: Maynilad Water Company or Manila Water Company for their source of raw water while in other areas they opt to use private deep wells. The “potable water” supplied by the providers is then further purified by utilizing a combination of water treatment equipment, such as sediment filters, carbon filters, water softeners, reverse osmosis membranes, ultra-violet lamps, and ozone generators. Typical water refilling stations can produce 3,000 to 12,000 litres of purified water per day. In previous years, most of the people were bringing a container to a water refilling station to buy purified water.

Nowadays, because of convenience on the part of the consumers, purified water in 5-gallon (22.7 litres) containers are delivered by the station directly to the people’s home. Aqua Sure, a water refilling station in Metro Manila, can deliver 5,500 gallons (25,000 litres) a day to its 8,000 household clients.

Features of a water refilling station

Structurally, water refilling station can be operated with a minimum area of at least 20-25 square metres. It comprises the following sections: refilling and selling room, enclosed water purification room, container washing and sanitizing room, storage room for empty and refilled containers, source water storage facility, toilet and an office. To operate the water store, about five employees are needed.

o    1 – Manager – Overseas store operations at least 4 hours a day

o    1 – Accountant/ Book keeper – Makes financial statement of business operations

o    1 – Administrative assistant – Logs and handles cash sales and purchases

o    1 – Front Liner – Accepts and refills containers of customers

o    1 – Technical Asst. – Maintains and runs the machine

o    1 – Driver/Delivery Man – Transport refilled containers to customer’s home

The main processes in a water refilling station is dictated by raw water quality. The typical steps are filtration (several stages), softening, and disinfection. The machines that could be installed for such processes are the following:

o    Multi-media sediment filter – removes sediments such as rust, sand and particles that are invisible to the naked eye; employs a total of 5 filters.

o    Ion exchanger – replaces hard minerals with soft minerals.

o    Activated carbon filter – removes all organic chemicals, herbicide, pesticide, offensive odor and bad taste.

o    Reverse osmosis membrane – the heart of the system and the most expensive unit; removes inorganic minerals, bacteria and viruses while retaining its oxygen content. Since the filter size is very small at less than 0.05 micrometre, the product water could have a total dissolved solids (TDS) of less than 10 ppm. The filtration process rejects about 50 percent of raw water volume.

o    Post-carbon filter – improves the taste of water.

o    Ultraviolet lamp – ensures that the water is free from disease-causing micro-organisms.

o    Ozone generator – inhibits the growth of bacteria in the product tank and prolongs the shelf life of water.

The efficiency of water purification system in removing impurities is high. The 10 water quality parameters measured by Magtibay (2001) showed an average of 80 percent efficiency.

Institutions and policies

The agencies directly involved in the establishment operation of water refilling stations are as follows:

o    The Department of Health (DOH). DOH is the main agency responsible for protecting the health of the people. The Sanitation Code of the Philippines mandates DOH in protecting drinking water quality. Consequently, DOH issues implementing rules and regulations prescribing sanitary standards for water supply systems, including water refilling stations.

o    The Center for Health Development (CHD) is the regional branch of DOH. Its main function is to provide technical assistance to local government units and to monitor DOH programme implementation which includes water quality and sanitation standards. For water refilling stations, CHD is mandated to issue initial and operational permits.

o    The Local Government Units (LGUs) are mandated by Presidential Decree (PD 856) to issue sanitary permit, sanitary clearance, health certificates, certificate of potability, drinking water site clearance and closure order (if necessary) and to conduct sanitary inspection of WRS.

o    The Water Quality Association of the Philippines Inc. (WQAP) is an organization of private firms who are engaged in the manufacture, sale, and distribution of water refilling station equipment and supplies, as well as water treatment and purification equipment and technology for household, institutional, commercial and industrial applications. About 85 percent of its 250 members operates water refilling stations.

o    Association of Water Refilling Entrepreneurs (AWARE) concentrates on resolving business management issues of its members.

Presidential Decree No. 856 (PD 856) or the Sanitation Code of the Philippines is the main law requiring all establishments to comply with existing sanitary standards to protect public health. Guidelines for operating a water refilling station are indicated in the Supplemental Implementing Rules and Regulations on Water Supply of PD 856 issued in 1999.

Water quality monitoring

Source water and product water are subject to regular monitoring by the local health office. The national standards for drinking water contains 54 parameters that must be complied with. Only DOH-accredited laboratories are allowed to conduct water testing and analysis. The frequency of monitoring is as follows:

o    Bacteriological quality – at least monthly

o    Physical quality – at least every six (6) months

o    Chemical quality – at least every six (6) months

o    Biological quality – at least once a year

o    Monitoring of radioactive contaminants shall be done only if there is significant input of radiation from the surrounding environment.

Water refilling stations can be a good source of safe drinking water in the Philippines. Purified water can meet the aesthetic standards easily detectable by the people in terms of taste, odor and color. The efficient water purification processes can make the quality of water superior to the traditional water systems. However, the risk of contamination is possible if the handling practices are not closely monitored .Drinking water business situation is now being the master idea of the todays planner. They think about the more money but investment is very low.for profit maximization water refilling businessis suite for them.