6:16 PM
Lanee' Blunt
By
Lanee’ Blunt
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| Start a vending machine business. |
Know
your goals and have a plan of what you are going to do to achieve your goals on
opening your vending machine business. Decide what type of vending machine you
want for example, bulk machines that dispense a handful of gumballs, or nuts,
coffee or soda, candy and chips. The vending machine business does not require
a big upfront investment, does not require a lot of overhead, and you can work
it part time and keep your day job.
Needs
Analyze
the type of machine you want to set up because if you are going to sell food
you will need to have a Food Service license. A sales tax license is needed to
collect sales taxes. A vendor and peddler license is needed to set up a snack
machine for sales of all products in the device. The requirements may differ,
so you must check with your personal local licensing department.
Show peddler license
If
you have several vending machines in several locations you will be required to
have a licensed sticker for every machine. The most popular locations for vending
machines are in shops, schools, and corporations. A small company is a good
place to setup a vending machine, in addition to hospitals and laundromats.
What you will need
You
can purchase or lease them. Choose a good location that provides you with the
highest amount of profit. Check out places which have a high amount of traffic
and approach business owners. Popular locations for vending machines may
consist of shopping malls, car dealerships, resale shops, banks, schools, as
well as hospitals.
Low Investment
The
investment is small when compared with other businesses, unless you’re
purchasing bigger vending machines. Should you put the machine inside a
location that doesn't have sufficient traffic or if your competitors has the
same kind of vending machine but they're located in a much better location than
your device is a disadvantage.
Advertising
You
may want to begin with a few machines having a minimal upfront investment. Get
a reputable supplier of commercial quality vending machines. Approach store owners inform them about your
new company. Set them up and begin making money.
See also
See also
Reference:
[Image
of a vending machine]. (n.d.). Retrieved
from http://www.oregonvendingmachines.com/
Posted in: Start Up
