Sunday, 20 November 2011

Vending Machines

Vending machines are a way to create weekend or full time revenue. To maximize the revenue potential it is vital to have a machine route that is quick and easy to service. Long service routes lower the profits and add to the time needed to run this low cost startup idea. When picking locations, common sense says to put the machines in the highest traffic areas. In addition to this thought, think about having loyal customers (eg. Employees), having in areas where snacks and drinks are needed (eg. Workout areas) and areas where people don't usually bring their own snacks. Be diligent in looking into the costs of having your machine in certain locations (eg. Renting spot, electricity, etc.). Combining all these feature can help in the success of this low cost startup idea.

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