Thursday, November 19, 2009

Making a Living With Vending

By Glen Starken

Is there anyone who can say no to candy? Where there is a bulk candy vending machine, it is hard for people to go by without putting in a coin and getting a handful of candy. People do it without thing for the price is very small. This is what will make your business of bulk candy vending a success.

Talk about passive income! All one has to do is set up a bulk candy vending machine. Put it in a strategic place. It takes remarkably little money to set it up and needs very low maintenance, maybe just once in two months. The servicing will only take 5 minutes and then you are back in business. The only time you need to spend on your business is when you have to refill the machine with candy and count the coins. Other than that, there is no other work required.

There are many advantages to this business. For one, it does not take much of your time. You do not need to put in any extra work. There are no other investments needed after you buy the machine. You only need to keep buying candy worth $50 to $100 from time to time. Hard work is not required. You can even take up another job if you so desire. There is no limit to the number of machines that can be set up. Set up many machines to get more money.

Take no chances with your business. So buy the more costly machine to avoid pitfalls. Buying online can get you machines for $200. Used machines cost half that price and buying in bulk will get you a reasonable rate. When you buy many machines, you can have them set up in many places. You can start seeing profits once you get back the money you spent to buy the machines. The money that you get thereafter can be said to be passive earnings. It will take only a few months, say a period of 4 to 8 months. Calculate it by the money you make every month through one machine. It can be from $5 to $150. Most however, see an average of $25 a month only.

Here are a few more tips to make your business a success. Spice it up with assorted candy mix, which will be fun for children as well as adults. A few other good choices are gumballs, jawbreakers, M&Ms, Hershey Kisses and Skittles. Also, choose your location well. While it will be good to get locations at shopping malls, you might face rejection, as the owners would already have placed their own machines there to bring in more business. So try your favorite local charities and fund raising events. Then you can look around for places like office break rooms, which do not have such machines, and clothing stores, which are frequented by children and young adults. Try to find locations frequented by children. Keep looking around and once you secure a location, then go and buy a machine. It will do you no good to buy machines in bulk with no place to set them up.

This is a good business even though it does not promise you give you millions overnight or make you into a rich man in the span of a few years. It is very simple to run. One does not need to be trained in it nor does one need to be specially educated. This is in fact very easy money that a person can make. - 16890

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