Posted on 4th Aug 2010 @ 8:09 PM
The Vending Machine Business: Start up can be easier than you realize!
Welcome to one of the most fruitful business opportunities in the world - the vending machine business. Right now, the vending machine business earns over $60 billion annually. Most of these vendors are those who work only 4 to 10 hours weekly, yet achieve a huge amount of money for their effort.
Regardless if you're looking for a profitable business opportunity, want to start a independant business, or just want some extra income without trading a lot of your spare time, having your own vending machines may very well be your answer. Vending machines provide automated convenience for your likely customers with a wide variety of products including soda vending machines, snack machines, candy vending machines, coffee vending machines, and more.
Owning vending machine company often equals success. The vending business has an impressive 90% success rate. This is a great improvement over the 85% failure rate of most business opportunities. Think of the differences between a vending machine business and your average small business.
Many other businesses fail due to expensive startup investments necessary plus the regular operating expenses for advertising costs, rent, salaries, and other costs. In addition, finding and keeping quality employees will also add to the list of difficulties. However, with a vending machine company, typically startup costs can be fairly small and once working your machines work for you 24 hours a day, 7 days every week, allowing you to earn money even while on vacation. What a great way to get Moola!
You can begin with new machines, though they can often be a bit expensive. Maybe, it would be smarter to begin with refurbished machines instead of new. Refurbished vending machines are used machines that have been repaired and altogether fixed from top to bottom. Often these will look and function as if they were brand new but cost a fraction of purchasing a new machine. This makes refurbished machines the best option for startup businesses and for testing locations as well as inventory selections.
The vending machine business is also considered to be recession proof and produces evenly in great as well as down economies. One reason for this is that vending purchases are typically "food stuffs" and "impulse buys" which means your customers are hungry or thirsty and vending offers a quick and simple solution to satisfy that need.
Let's face it, corporate reduction is affecting everybody. Right now, there is less job security, especially when 90% of us work for others. The only real way to get financial success is to have your own business. Beginning a vending machine business lets you work smart not hard, especially since vending machines experience relatively low costs and uncomplicated day-to-day operations