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Site Home » Companies & Business » Small & Medium Enterprise
 

Avoid costly mistakes when starting a Vending Machine Business

 
Author: Max Woody

1. Don't get ripped off when buying your vending machines, I will show you how to find the best companies!

2. Proven techiques for finding the best accounts that generate the biggest profits!

My name is Max Woody and I'm the President of Best Choice Vending, Inc., located in Durham, NC. My company has provided Vending Machine service to this area for over 10 years.

I first started my vending machine business in 1995 with just a few machines and turned it into a full time business within 6 months. I can tell you from experience that lack of knowledge when starting a vending business can be very costly & stessful.

Finding the solid & reputible companies to purchase machines from and getting the high volume accounts are two of the most important steps you will ever make in starting your vending business!

Step 1- Choosing the right company when buying vending equipment!

Many people make the "huge mistake" of purchasing the wrong vending equipment or even worse buying from companies that will rip you off. Purchase your vending machine equipment from solid & reputable manufactures.

Buy from companies with a proven track record. Ask plenty of questions. Check them out with the Better Business Bureau and your Attorney Generals Office.

Deal with companies that have been around for many years.You must be able to depend on these companies, because in the future you may need to order parts for your vending machines.

You must deal with companies that stand behind their equipment. Find out if the company offers technical support.

Most companies offer technical support in case you experience problems with your equipment and need trouble shooting assistance.

Companies that sell vending equipment normally provide a standard 1 year warranty on the equipment. This warranty should cover parts that may go bad on the equipment within the warranty period.

Also, ask if the company provides any type of financing on their machines. Many companies that manufacture vending equipment also provide what they call "in house financing".

Step 2- Finding the high volume accounts!

One the best ways for getting customers is to visit the well established companies in your area first. Ask to speak with the person in charge of the vending service. This is normally a manager or even the owner.

Also, when looking for companies to place your machines with, try finding ones that operate more than one shift. The 24 hour 7 day a week companies provide the best profit potential.

When talking to potential customers, find out the type of problems their experiencing with the current vending service. Explain how your machines or service can provide the solution to that problem.

Many times companies have older machines that just don't work well and take money without giving the item people paid for.

Also, the larger vending companies don't seem to provide the more personal service as a smaller vending company just starting out. As a smaller company you have an advantage over the larger ones with the quality of service you can provide.

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Visit my website to get more time & money saving techinues for starting your vending business! Also, get a free vending mini course! FREE Vending Mini Course:==> http://www.bestvendinginfo.com
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Author Bio:
Max Woody is a eminent columnist. Max likes to write articles about this subject.
You can search for this article using: Avoid costly mistakes when starting a Vending Machine Business, Companies & Business
 
 
 

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