Monday, January 07, 2008

Gaining Financial Success In Vending Business

According to a study by a department of commerce, less than 5% of new vending machine companies fail every month. This is a very low rate as compared to 65% for the Small Business Administration. Apparently, the vending industry is performing well and forms a lucrative source of income for many small and large enterprises.

For those who want to experience financial success and a long-term rewarding business, the best way to do so will be to start a vending business. However, you must ensure that you select a reliable business opportunity like those provided by Planet Antares Inc. they not only provide the equipment but also the vending products and supplies along with sound after-sale services such as locating, servicing, repair and maintenance of vending machines.

If you want to become your own boss, this is the right business line for you. There is no restriction on the amount of money, time and effort spent on your business. So, you get to decide the scale of your business, whether part time or full time. Everyone wants to make more money and be financially independent. That’s exactly what a vending business allows you to do. Choose your own working hours, type of niche to be catered and get complete control over the sales and profits.

In vending business, you have the benefit of getting higher yields and returns from lower investment. By investing about 10-20 hours per month, you can expect to get a return of 100% to 200% in the first year. if you compare it with the interest earned at the bank with a current deposit, it will be almost 10 times more. Isn’t that interesting?

This all-cash earning business will start generating income as soon as your vending machines are installed in the premises of the location owner. Always remember that choosing a good location will increase your potential for earning greater amount of money. The only thing you need to do is to set a time schedule for cash collection at regular intervals. No bad checks to worry about. Going by the exponential growth of the vending industry, it seems as if this business is recession

Given below are a few interesting and useful facts about starting a vending business and its income opportunities:

• Any good vending machine will earn as much returns as the initial investment within the first year.
• 50 well located vending machines will earn almost three times the purchase value of the vending machines themselves.
• Once a vending route has been successfully established and turns profitable, you can sell it to another person for a large profit.

Majority of the vending operators start vending business on a part-time basis along with their regular job. Gradually, they convert into full time vending operators. With Antares vending machines, you can attain your financial independence and finally be in control of your life.

The most profitable vending business categories include snack, beverage and food vending such as Antares vending business programs. The $40 billion vending industry continues to grow at a rapid pace and is the right place for you to secure a financially independent future.