Basic Questions About The Vending Business
The most sure shot way to make an outstanding living and be financially independent is through the vending business opportunity. As it is said, “cash is king” and this absolute truth is displayed by the vending business.
Some of the common questions and answers asked by newcomers planning to join the vending industry include the following:
1. Is it safe to invest in vending business?
Yes, it is. This business has a 90% success rate. Planet Antares Corporation offers an excellent vending program that will lead you to this success and profitability. There is virtually no overhead, i.e. rent, office equipment, employees, advertising, etc. just a few hours of work every week will yield great results for your vending business.
2. How fast can return on investment be generated or expected to generate?
Depending on the type of machines you purchase and the effectiveness and popularity of your vending locations, financial returns can be expected between one and two years of setup. Reliable vending equipment such as Planet Antares vending machines are able to provide good returns within the first year itself.
3. How do I choose locations?
Start with the area where you live. Ask people with convenience stores, restaurants, business offices, clinics, etc about their requirement for a vending machine. There can be literally hundreds of locations in your city. You need to keep an eye on new constructions and try to obtain popular, heavy traffic areas as vending locations.
4. Is there need for license or permit for starting a vending business?
Some states will require you to register your business according to the kind of business you are doing. It’s a good idea to check with your state authorities like a “State Comptroller” to get the details.
5. Are there any taxes that I need to pay on vending business sales?
State tax will be applied on the sales you make from your Planet Antares vending machines. However, some states waive sales tax on items like bulk candy, which is a major segment of the vending industry. This question will also be best answered by the State Comptroller.
6. Will I get warranty on equipment?
Planet Antares vending machines come with a warranty cover to insure that you money has been invested in quality machines. You must always ask for warranty while purchasing vending machines.
Some of the common questions and answers asked by newcomers planning to join the vending industry include the following:
1. Is it safe to invest in vending business?
Yes, it is. This business has a 90% success rate. Planet Antares Corporation offers an excellent vending program that will lead you to this success and profitability. There is virtually no overhead, i.e. rent, office equipment, employees, advertising, etc. just a few hours of work every week will yield great results for your vending business.
2. How fast can return on investment be generated or expected to generate?
Depending on the type of machines you purchase and the effectiveness and popularity of your vending locations, financial returns can be expected between one and two years of setup. Reliable vending equipment such as Planet Antares vending machines are able to provide good returns within the first year itself.
3. How do I choose locations?
Start with the area where you live. Ask people with convenience stores, restaurants, business offices, clinics, etc about their requirement for a vending machine. There can be literally hundreds of locations in your city. You need to keep an eye on new constructions and try to obtain popular, heavy traffic areas as vending locations.
4. Is there need for license or permit for starting a vending business?
Some states will require you to register your business according to the kind of business you are doing. It’s a good idea to check with your state authorities like a “State Comptroller” to get the details.
5. Are there any taxes that I need to pay on vending business sales?
State tax will be applied on the sales you make from your Planet Antares vending machines. However, some states waive sales tax on items like bulk candy, which is a major segment of the vending industry. This question will also be best answered by the State Comptroller.
6. Will I get warranty on equipment?
Planet Antares vending machines come with a warranty cover to insure that you money has been invested in quality machines. You must always ask for warranty while purchasing vending machines.
posted by Daina Martine | 3:14 AM
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