"Avoid costly mistakes when starting a Vending Machine Business"

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Thursday, 21 August 2008

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By:snack

Avoid costly mistakes when starting a Vending

Machine Business!

-by Max Woody

1. Don't get ripped off when buying your vending

machines, I will show you how to find the best companies!

2. Proven techiques for finding the best accounts

that generate the biggest profits!

My name is Max Woody and I'm the President of Best Choice

Vending, Inc., located in Durham, NC. My company has

provided Vending Machine service to this area for over 10

years.

I first started my vending machine business in 1995 with

just a few machines and turned it into a full time business

within 6 months. I can tell you from experience that lack of

knowledge when starting a vending business can be very

costly & stessful.

Finding the solid & reputible companies to purchase machines

from and getting the high volume accounts are two of the

most important steps you will ever make in starting your

vending business!

Step 1- Choosing the right company when buying vending

equipment!

Many people make the "huge mistake" of purchasing the wrong

vending equipment or even worse buying from companies that

will rip you off. Purchase your vending machine equipment

from solid & reputable manufactures.

Buy from companies with a proven track record. Ask plenty

of questions. Check them out with the Better Business

Bureau and your Attorney Generals Office.

Deal with companies that have been around for many

years.You must be able to depend on these companies,

because in the future you may need to order parts for your

vending machines.

You must deal with companies that stand behind their

equipment. Find out if the company offers technical

support.

Most companies offer technical support in case you

experience problems with your equipment and need trouble

shooting assistance.

Companies that sell vending equipment normally provide a

standard 1 year warranty on the equipment. This warranty

should cover parts that may go bad on the equipment

within the warranty period.

Also, ask if the company provides any type of financing

on their machines. Many companies that manufacture vending

equipment also provide what they call "in house financing".

Step 2- Finding the high volume accounts!

One the best ways for getting customers is to visit the

well established companies in your area first. Ask to speak

with the person in charge of the vending service. This is

normally a manager or even the owner.

Also, when looking for companies to place your machines

with, try finding ones that operate more than one shift.

The 24 hour 7 day a week companies provide the best profit

potential.

When talking to potential customers, find out the type of

problems their experiencing with the current vending

service. Explain how your machines or service can provide

the solution to that problem.

Many times companies have older machines that just don't

work well and take money without giving the item people

paid for.

Also, the larger vending companies don't seem to

provide the more personal service as a smaller

vending company just starting out. As a smaller company

you have an advantage over the larger ones with the quality

of service you can provide.

Article Source: http://www.dailynewarticles.com

Max Woody is a vending machine business owner with
over 10 years experience in this business.
Max has developed highly effective techniques
that will save anyone both time and money when
starting and operating a vending machine business!
www.bestvendinginfo.com