Planet Antares Vending | Planet Antares

Monday, November 2, 2009

Steps in setting up a vending business

Once set up on the right note, vending business rolls on its own. But it is very important to plan your business wisely. As a novice in vending business, you may get confused or may encounter some problems in finding a location, or purchasing the right kind of machine. To make sure that you start vending business on the right note, you should consult specialists from vending industry. If you know someone who owns a vending business, then it’s good otherwise you can consult about your business plans with Planet Antares Inc’s support staff, who guides vending operators and entrepreneurs about how to set up their business.

Starting a vending business involves purchasing a vending machine and setting it up at a location. Before you go out and buy a vending machine, it is advised to search for a location for the vending machine. You can find out various locations like shops, malls, gyms, offices, parks etc to place your vending machine. Most of the time, for a good location, you will have to share the “profits” with the location owners. A good idea is to share it 60:40 ratio (60% being yours), if things don’t work out then 50:50 is also fine, but nothing below that.

Also, once you decide on placing a vending machine at a particular location. You may need to get a paper work done for the location. You may want to consult a lawyer for the agreement or you can use the standard agreement available with the operators. Securing a location is one of the most important tasks.

After securing a location, you should buy a vending machine. NEVER buy an old vending machine. Though claims are made that they are at par with new ones but they are not. They are repaired equipments which can fail at anytime. You can get your vending machines from manufacturers like Planet Antares. They have a remarkable collection of vending machines.

The vending machines that you buy should be kept secure. If placed outdoors, they should be made secure by some locking equipment.

Vending is a lucrative business and returns are pretty good. With right partner by your side, you are bound to make good profits from your vending machine.

Labels: ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home