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Starting Out With The Right Machines For Your Vending Business

Mar 19, 2008
Here are a few things to think about when your trying to find the right vending machines to start out with in your business. What is my budget for capital expenses?

For example if you are buying machines. If you only have a few thousand dollars to get started, then coffee and food vending is probably off the table right now. That is sort of interrelated with the last statement and question there.

What is your budget? If you are starting out everyone has as different budget. If you are starting out you might think, I have $500 to spend or I have a couple of thousand and I want to buy a couple of machines and get started. That's fine. It is totally fine, because you can do that, you can totally get started with not a lot of money.

You might have to just search a little more to try to find the machines that suit your needs and get them set up. That is fine. If you only have a few thousand dollars you probably don't want to get started in the coffee and food right away just because of the price of the machine.

Here in Canada, a half decent used coffee machine, I don't know, $1,500 to $3,000, and for the new ones, they go from $4,000 to like $7,000. That is a lot of money for a coffee machine, especially when people really like Tim Horton's, Star Bucks and all these other coffee shops because they go out a lot to those places. You have to remember that people will never stop doing that.

Your vending machine is there for convenience and a lot of people, sometimes companies sometimes think, Oh I just want the coffee machine because the staff will like it anyway. I would always start out with a pop and snack first or a say a pop machine depending on the size of the location. Then look at bringing in a snack machine. Look at the sales and monitor the sales.

You can be honest with the company and just say, You know what, I am running a business so I would like to help you the best that I can so let's start with a pop machine and snack machine and see how things go.

We will monitor the sales for say, three months. I will keep you in the loop to see how things are going. I will let you know if your account justifies setting up a coffee machine. Just simply explain to them. I am running a business. Coffee machines are really expensive, so I want to make sure that it seems like a feasible solution to what I want to do with the business and at the same time help you.

You will be surprised. People are receptive to that. Be honest. They understand. Hey, I understand you are running a business. Most people are and some people are not. Some people just say, No, I want this machine. They have their own idea in their head of what they want. I want this type of machine and I need it by this date and I need you to pay me money for having the machine here in my commission and all that.

You know what? I am sorry but a lot of those companies are a pain. You don't need that kind of aggravation for your business. You will see along the way here, I know like people that are getting started out are eager, you are anxious to want to actually get this up and running, but you'll see down the road that some places are more of a hassle than others.

You want to try to make your life as easy as possible. That is one piece of advice to consider.
About the Author
Chris Robertson is a 9 year vending operator who works out of Toronto,Canada.

toronto-vending-services.com

For more information about how you can get started in the vending business feel free to visit Chris's site

your-vending-resource.com/vendingbusiness.html
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