How to start a vending machine business?
Here's the WRONG way to start.
- Answer an ad in a business opportunity magazine, watch a glossy videotape or attend a vending business opportunity seminar.
- Listen to slick salespersons hype on and on about making money while golfing or sleeping.
- Be complimented that the business opportunity guys have chosen you for a limited "marketing territory".
-Gladly overpay too much money for a few average vending machines without doing any sort of comparison shopping.
- Go into big debt before learning anything about actually operating a vending machine business.
- Take every word the vending business opportunity salesperson says as gospel and don't question anything.
- Get VERY disappointed in a few weeks and desperately try to sell your machines to cut your losses.
- Tell everyone you know that there is no money in the vending business.
Unfortunately, this is what most new vendors do.
We started out the wrong way. If we only knew then what we know now we could have become profitable quicker. We learned how to start a vending business long after we were in it. Learn the business. Learn from others mistakes. Start small and grow. That's how to start a vending machine business.
I have written a FREE report entitled "Vending's Dirty Little Secret". To get your copy of this insider information that the majority of vending machines salespeople don't want you to know click here to get the FREE report!
If you would like to read more about how Patti and I started off completely the wrong way and still built a profitable vending company click here
- Rob Farnham (author of "Small Change, Vending Insider Secrets Revealed")
An actual owner/operator of a full line, full time vending business for many years!
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Readers Comments
Mr. Farnham,
I just purchased your ebook and wanted to say ...thank you. Within the
first 10 minutes of reading you verified some of my fears and just helped
to keep me from blowing 15.8k to ($#$%$%@$) and their "we'll get you
the locations" and "everyone in small business is starving for machines"
etc.. The same ol'crap I see since you quoted these guys almost word for
word, it was eerie.
I
am not running out to give them my check "before I lose my good marketing
area" tonight as I had debated, I can sleep soundly now. I intend to still
pursue the vending biz but will now be smarter in my moves. Thanks again
for the help!
P.S.
Feel free to use this as a testimony
Chuck Dougherty (15.8k happier!)
..(email on file)
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Read More Readers Comments
Why do most people actually lose money in the vending business?
Why is it so hard to find legitimate information
about the vending industry?
Do you know what 3 Questions to ask a opportunity salesperson to find out whether they are trying to scam you?
Would you like to know how to start a vending business with very little or no money?
To receive your FREE REPORT Vending's Dirty Little Secret click here..
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Today's Vending Business Tip
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Two Birds With One Stone!
Try to find people who can approve multiple locations when trying to place machines. Property management companies might respresent many apartment complexes. Some business owners have multiple locations. With one "yes" you can secure multiple profit centers.
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