Soft Drink Manufacturing Business Plan [How To Start In 2021]
Do you want to start a soft drink manufacturing business?, In this post, we’ll show you the best soft drink manufacturing business plan.
Soft drink manufacturing business is one of the profitable business you can start as an entrepreneur. As a matter of fact, this type of business is dominating the world especially in Nigeria. If you’re able to setup your own soft drink processing company, you can actually make good money from it.
In Nigeria today, soft drink is one of the best selling products, and that has increased the market demand for soft drink.
Frequently asked questions
Is soda business profitable?
How much does it cost to start a soft drink company?
How can I start a soft drink manufacturing business?
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If you go to Google, these are the type of phrases people are searching for because they have intentions of starting a soft drink manufacturing business.
Soft drink manufacturing business plan – How to start a soft drink manufacturing business
1. Research about the type of soft drink you want to start manufacturing
This should be the first step to take in your soft drink manufacturing business plan. Find out the type of soft drink that sales more in the market. This will give you a clear understanding of the exact type of soft drink to produce.
2. Make a business plan for your soft drink manufacturing company
A business plan is always necessary before you start any kind of business. You should make a solid soft drink manufacturing business plan so as to have a clear road map for your business.
3. Set out a budget for your soft drink manufacturing business
You need to map out a certain amount of money for starting your business. If you are still making your business plan and are not ready to start, you can decide to save your money on Piggyvest app to avoid spending it.
4. Do your business registration
Business registration is one of the important aspect of your business plan. If you want to start a soft drink manufacturing business, then you’ll need a business registration.
If you’re doing your business in Nigeria, you will have to register your business with the corporate affairs commission (CAC). If you’re doing your business outside Nigeria, find our your country’s business registration entity.
5. A trade mark is required for your business
A trade mark represents your brand. So you will need to have a trade mark for soft drink processing business. Your trade mark will make it easier for people to recognize your products.
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6. Register your soft drink processing business with Nafdac
Nafdac which stands for National agency for food an drug administration and control is the body responsible for quality products.
They ensure that your products are of high quality before you can put it up for sale for human consumption.
So, you’ll need to register your business with the Nafdac to get approval.
7. Get a house for your soft drink manufacturing company
Ofcourse, you’ll need a building to set up your soft drink manufacturing company. So you’ll need to get a good house with enough accommodation. You can also rent one.
8. Start producing your soft drinks
Now that you have all your business plan for soft drink manufacturing business sorted out, you can now start manufacturing your drinks.
At first, you’ll need to produce small quantity because you’re just starting. You need to build a large customer base before you start producing in large quantities.
Recommended post : How much does it cost to register a company in Nigeria
Equipments you need to start a soft drink manufacturing business
There are certain equipments you need to produce your soft drinks. Below are the equipments required for your business:
- A filling machine:(used for filling your drinks in a container or bottle)
- Mineral water plant
- A bottle caping machine: (used for sealing bottles or containers)
- A good power plant: (For constant electricity).
After producing your drinks, you’ll need to start selling them. But for you to sell more, you need to build a large customer base. You need to focus more on promoting / advertising your business.What is the best way to advertise your soft drink business?.
Marketing plan for soft drink manufacturing business
Every business need a solid marketing plan for it to grow. We’ll show you some marketing plan for your soft drink manufacturing business.
Hire some sales or marketing agents
Marketing / sales agents help in business promotion. These people can go beyond taking your products into the streets and round the market. So if you choose to employ sales agents, they’ll go a long way to helping the growth of your business.
Give out your drinks for free so people can have a taste of it
This is a great way to promote your business and get more people to start patronizing your business.
Most people will like to know how good your drink is before they buy it. So consider this strategy.
Try influecer marketing
This is the type of marketing where you take advantage of influencers to promote your business.
Meet any celebrity and negotiate with them, they’ll talk about your product which will in return make your product known to more people.
Create social media channels
Social media channels also help in business promotion. You can create a facebook page, instagram, YouTube, twitter, etc, then start promoting your products in them.
Use email marketing
Email marketing is is one of the best ways to promote your business. You have the opportunity to interact with your customers directly through email. You can use GetResponse email marketing to start. You’ll can test it free for 30 days.You can read why Get response email marketing is the best in the world.
Conclusion on soft drink manufacturing business plan
If you want to start a soft drink manufacturing business in Nigeria, this business plan for soft drink manufacturing post will give you insights on how to start.
We’ve outlined all you need to start a soft drink processing business. We hope you enjoyed this post, kindly share with your friends on social media. Don’t forget to leave your comments below in the comment section.
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If you’ve already started your own soft drink manufacturing business, kindly share your experiences with us in the comment section.
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