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NEW! Profitable Bulk Vending From the Start
NEW! Using the Power of the Gumball in a Bulk Vending Business
NEW! View Your Machines as Income-producing assets
Power Tips I Used to Locate 100 Machines in the last Year
What about Vending Locator Services?
Optimum Route Size
8 Ways to Finance Vending Businesses
5 Things to think about Before Buying Machines
Quick Ways to Increase Sales, 1
Quick Ways to Increase Sales, 2
Grow the Person, Grow the Business
Is Now the Right Time to Buy Gumball/Candy Machines for Passive Income?
Vending Millionaire? How Much Can I Make?
How Much Time will it take?
Will I Need Business Insurance?
Use your Home as a Bank to Pay for Machines
Figuring Your Cost Per Vend for Higher Profits
What Can I Sell in My Machines?
Hard to Vend Items
What Type Machines are Best?
The Real Costs of Running a Vending Business
Economic Downturns and Bulk Vending
Great Business Reading
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Viewing a Vending Machine as an Income-Producing Asset
What is the best way to view a Vending Machine? If you intend to have a business mindset, you should
view the machines as INCOME-PRODUCING assets. Income-producing assets are something that puts money in your pockets for whatever you desire
to spend it on or invest in.
A GOOD HOME BUSINESS FOR PASSIVE INCOME
The vending machine has been around for many years and has been a good choice for a new home business. The point I want to
make to you is that a vending machine is an income-producing asset once it is deployed into operation. Rule #1 in bulk vending is "Unplaced
machines make no money." You must keep your asset deployed in operation to continue putting money in your pockets.
This applies to both bulk vending machines (for gumball, candy, bouncy balls, toys) and full-line vending machines (snacks and sodas).
My expertise is in the area of bulk vending where I oversee the operation of over 2,500 bulk vending machines (assets!). This means I have over 2,500
money makers putting residual or passive income into my pockets. If you view your machines as income-producing assets, it causes you to be motivated
to keep those machines in businesses making money (as opposed to piling up in your garage or storage building!)
It also motivates you to manage the product in your machines to provide the best cash flow.
CONSIDER QUALITY!
Buying a vending machine is something that should be considered carefully. You want to choose a quality asset which will work for you for
years to come. Paying for quality greatly outweighs the initial cost savings you may realize from cheap machines. When machines jam or break you lose
money and may lose accounts from customer complaints. Quality assets give you the foundation for quality cash flow.
The quality of the asset is not the only consideration, but quality is certainly important. It's much better to pay for something which has
the ability to last 10 or 15 years as opposed to something which may only last two years or less. Often, a quality machine is only about 20-30% more.
Don't forget that vending machines are income producing assets and to go with quality machines if you choose to go into this home-based business. Be prepared
to work diligently to get your machines into businesses to establish your new income stream. Good luck!
Author: Mark Evants
(C) Christmark Enterprises,
LLC.
DISCLAIMER: This article is not a personal
recommendation to start a vending business or buy machines. This
article is not investment advice. Always use professional help
such as accountants and attorneys when investing in ANY area including
vending.
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