Starting a business selling water tank insulation covers is a great idea to make money while helping people stay protected from harsh heat and cold temperatures.
It is hard for people to maintain their water stored in tanks at a normal temperature both during winter and summer times. The naked water tanks absorb extreme heat during summer seasons and freeze during winter times. The idea of starting a business that sells water tank insulation covers or jackets could hit popularity in your locality as people are desperate to use a cover that shall help them keep their water stored in tanks at normal temperatures.
The use of covers or jackets will make sure people get normal water during cooking, bathing, and washing times. People won’t get cold water during winters and hot water during summer times as these covers offer high quality insulation. People who especially live in places like Himachal Pradesh, Kashmir, and other places that face freezing temperatures won’t be suffering from the problem of water freeze during snowy seasons and also the people who live in areas that experience hot temperatures won’t have to worry either about hot waters.
There are two ways to get involved in a business that would deal with water tank insulation covers. You can either create a manufacturing facility in industrial areas or simply buy products from distributors and sell in retail. A manufacturing business will demand you investment for a variety of specialized machinery such as foam cutting, laminating, thermoforming, die-cutting, sewing, stitching, adhesive coating, packaging etc. Apart from machinery, you should have a separate budget for factory setup, labour costs, materials for making jackets such as PU foam, EPS, fiberglass wool, rock wool, PVC coated fabric, PE film, nylon fabric, etc.
If you are not fit for launching am insulation covers making business, you may like to go for second option and that is buying in bulk from wholesalers and selling in retail to customers. All you need is a shop that you can take on rent, design and decorate it’s interior and exterior, buy products while using a small amount of investment say for example 2-3 Lacs, obtain a store certificate, etc. Make sure you recover all of your investment plus costs and profit before leaping in more budget for next slot of products.
You can also use an e-commerce business model as people are looking for online more than visiting stores. You will need a website, hosting service provider, and someone who has the ability to upload product catalog on your website.