Vending Still Offers a Viable Business
Operating costs have increased significantly since the early days of vending, but financial realities still make Antares vending a good bet for the serious entrepreneur.
Vending may be the last truly viable business opportunity for someone with entrepreneurial skills to earn a good income. As much as the industry has consolidated and it has become more expensive for a business to play in the “big leagues,” there is still room for the small guys. This is something that will not change any time soon.
Most ventures begin part-time
Most people would start a vending operation to earn some extra money, most start on a part-time basis, and hope to build it into a full time job. Vending by Natural Choice USA is both an “easy-entry” business and a very forgiving business. An operator can start running it from the home and he can also decide how fast to grow the business. Because of these qualities, it is a very attractive as a small business.
If you are interested in starting a vending business, you can begin by purchasing new or slightly used Antares glass front snack and cold drink vending machines at a very affordable rate. If you have enough equity in your home, you can finance the purchase of the equipment. You can use your garage to store products and your car to transport the products. Once you have you business going, you should solicit only the location that will produce average, minimum sales of $100 per week, per machine, and keep the commission costs below 10 percent of sales. Your products should be priced so that you can derive a 50 percent gross profit.
The next stage takes more investment
When you decide to move your business out of the home, that will be the day that your start up costs start to resemble the real costs of running a business. The new facility will come with additional costs, so in order to provide the additional revenues to pay for all this; you will have to add more customers and machines in your Antares vending business. The business will have to expand in each and every way.
The return on investment (ROI) in a vending business will vary depending upon the size of the entity. In a one-man business, operating out of a home may make it possible to earn a realistic 40 to 50 percent ROI.
In a one- or two-person operation, ROI is not the most appropriate measure of success. The only relevant challenge is cash flow, it should be sufficient to support you. This being the case, vending will continue to attract entrepreneurs who are satisfied with a comfortable income.
posted by Larry Bunker @ 1:22 AM
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