How to Start a Bulk Vending Business

Before starting your own bulk vending business, here are some things to consider.

Difficulty: Easy

Instructions

Things You'll Need:

• Research
• A Plan
• Investment
• Equipment
• Product
• Locator

1. 

   Research - There are many scams out there. You need to do your homework. If it sounds too good to be true it most likely is. I recommend going online. Visit www.vendiscuss.com for example.

2. 

   Set goals - Make a business plan. Not a complicated one. What do I want to accomplish? Do I want an extra $100 a month or $500? How do I plan to reach that goal? By when do I want to get there?

3. 

   Investment - How much can I afford to invest. $50 or $5,000? Where is the money coming from? Savings, loan, credit cards? Even if you are just getting one machine to get started, you must consider this.

4. 

   Equipment - What machine model will I choose? Do I want a single, double, three head machine? Does it fit my budget? I recommend buying used models on eBay or craigslist for best returns. No need to spend $350 or $400 on a new model if you can get the same functionality for $100.

5. 

   Product - What will I vend? Who is going to supply the goods? Where will I get the best deal?

6. 

   Locating - Will I be placing these machines myself or will I get a profesional locator? How much will that cost per machine? Where will I find one that meets my needs?

Tips & Warnings

• Usually you can get the best deal on products in Costco, Sams, BJs. Remember this is a numbers game.
• Avoid 1-800 numbers. Some say that you can collect $300 per month per machine. The truth is that the National Average is $7 per head per month. It all depends on the location. Most likely you will not empty a machine every month.

Resources

• VenDiscuss.com

[cclofmead]

on 6/28/2009 Very good information for starting a bulk vending business!! I will have to look into this! 5* rec

[prism]

on 2/12/2009 Great advice. Thanks!

[ACORN12]

on 2/5/2009 Great resources. I am going to give this a serious look. Thanks!

[nurseryguy]

on 2/4/2009 I have often pondered starting a vending machine business. Great advice

[healthymomof5]

on 2/2/2009 Very good outline! Thanks!5*