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Becoming an
Entrepreneur
Your business can be started
with a small investment and can be gradually expanded to
provide you with increased revenue in proportion to your
investment. As an owner-operator you can operate from your
own home or apartment.
Plan Your
Work!
People are happier in their
work if they have control over what they do. Happy people
are also healthier people, and there is no better time
than now to start a change in your life and put yourself
in control of your own destiny.
**Choose machines that are:
reliable, easy to service, easy to locate, caters to the
people on location (products that they want), and gives
you an outstanding return on your investment.**
Vend
Trends-Facts And Figures
The name of the game is
financial success and Independence!
1)
A department of commerce study revealed that fewer than 5%
of new vending companies fail each month, compared with a
65% failure rate by the Small Business Administration, for
independent, new business start up. Vending can be a very
profitable business!
2)
Vending allows a person to invest 10 to 20 hours per month
and get a return on money invested 100% to 200% in the
first year. This is 10 times what they would get at a bank
with a CD or Money Market account.
3)
Money follows financial independence. Vending allows 95%
of start-up to go for machines and product. Your home can
be your office.
4)
70% of vendors start off on a part time basis, keeping a
full time job, and checking their machines and servicing
them after work or on weekends. This allows their money to
work for them while they keep their present jobs. 85% of
them turn to full time vending after two years. Money does
allow freedom. We might wish that our economic system
operated differently, but it doesn’t. Having money or not
having it largely controls what we do in our lives.
Vending can give you that
independence.
Not only is the greatest
growth of vending ahead of us, but also the greatest
diversification of vending is yet to come. Here are just a
few reasons why Automatic Merchandising is literally
exploding.
**The high cost of labour in
personal selling activities makes Automatic Vending a more
interesting alternative.
**The movement of population
to suburban areas, plus the desire for more convenience in
location and time of purchase makes vending appealing.
**The trends towards more
impulse purchasing by customers will benefit the growth of
this industry.
Consider
These Vending Options
Amusement, Arcades, ATM
Machines, Baseball Cards, Billiards, Bulk Products,
Capsules, Car Washes, Cigars, Cigarettes, Coffee, Combo
Machines, Condoms, Cosmetics, Cranes, Darts, Games,
Gumball, Family Fun Centers, Food, Honor Boxes, Hot Dogs,
Juke Boxes, Laundry, Medical Supplies, Parking Meters,
Perfume, Personal Products, Pay Phones, Phone Cards,
Plush, Popcorn, Postcards, Slots, Snacks, Stamps,
Stickers, Tattoos, Toys, Video Games, Vending Carts, Water
vending ...and the list goes on!
Here Are A
Few Ways To Start Expanding
1)
Lease your equipment, whether the machines are new or
used. Add one or two vending machines at a time. Build
slowly, with good high traffic locations.
2)
Purchase established routes (from someone retiring or
getting out of the business). The existing vending
business will be currently set up with machines on
locations, suppliers of products, along with the procedure
of filling each type of machine and pricing of the
products.
3)
Purchase used equipment from other vending operators or
distributors. Try it first and see if vending is for you.
Research trade magazines, classified ads, or call local
distributors for new and used equipment for sale.
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