Things You'll Need:
- Internet
- Observe
- Note
- Vending forums
- Insurance
- Chamber of Commerce
- Better Business Bureau
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Step 1
Search the internet using keywords like bulk vending, candy, gumball machines.
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Step 2
Be observant. Check out local businesses. See how many have gumball machines or if they have machines from multiple companies. This will give you an idea if the area is saturated or not.
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Step 3
Take note what kind of candy they offer. What equipment is being used?
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Step 4
Browse vending forums for tips and advice from experienced operators. Ex. vendiscuss.com, vendingchat.com, vendingforums.com, vendingtalk.com, and smallbusinessforums.org
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Step 5
If you can find someone that is or has been in the business and is willing to impart some knowledge, take advantage of it.
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Step 6
Browse ebay.com, craigslist.org, usedvending.com or your local newspaper for possible used equipment. This way you can get familiar with machine models and their cost.
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Step 7
Check local Chamber of Commerce for licensing and permits in your area.
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Step 8
Hunt for good liability insurance. Get 3 to 5 quotes before making a decision. You may get a discount by combining it with your home or auto insurance.
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Step 9
Check with the Better Business Bureau to verify any of the companies you are interested in before buying.
Comments
MotherDove said
on 3/12/2009 Very smart, practical advice on how to research a bulk vending business! Thanks for the info.
MotherDove said
on 3/12/2009 Very smart, practical advice on how to research a bulk vending business! Thanks for the info.
prism said
on 2/12/2009 Very thorough and great resources! Thanks!