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Donna Murphy - How to Open & Operate a Financially Successful Vending Business

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How to Open & Operate a Financially Successful Vending Business: summary, description and annotation

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Do you want to own a business that does not confine you to a desk, where you are able to make your own hours and as much money as you want to work? According to the U.S. Department of Labors most recent statistical data, the median annual income of someone in the vending industry is $29,000 and, as a business owner, you could make even more. If this sounds like something you would enjoy, and you are thinking about opening a vending business, then we have a book that will answer all of your questions. From start-up costs to vending machine best-sellers, this book will be your comprehensive guide on how to make the most money in a short amount of time.

This complete guide will take you step-by-step through the process of buying new or used vending machines, acquiring a previous route from another business or finding new clients of your own, and how to efficiently service your machines in order to make the most money. Additional information is included on buying products for your machines, including how to get the most for your money and how warehouse retail stores can save you hundreds of dollars.

This complete manual will arm you with everything you need, including sample business forms; contracts; worksheets and checklists for planning, opening, and running day-to-day operations; lists; plans and layouts; and dozens of other valuable, timesaving tools of the trade that no business owner should be without. A special section on what items typically have the highest sales in vending machines is included, as well as sections on storage ideas for keeping your product fresh, when to reorder product, and how much back-stock to keep depending on the number of clients you have.

The companion CD-ROM is not available for download with this electronic version of the book but it may be obtained separately by contacting Atlantic Publishing Group at sales@atlantic-pub.com.

Note: CD-ROM/DVD and other supplementary materials are not included.

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How to Open & Operate a Financially Successful

Vending Business

By Donald Rodrigue with Donna M Murphy How to Open Operate a Financially - photo 1

By Donald Rodrigue with Donna M. Murphy

How to Open & Operate a Financially Successful Vending Business

Copyright 2010 Atlantic Publishing Group, Inc.
1405 SW 6th Avenue Ocala, Florida 34471 Phone 800-814-1132 Fax 352-622-1875

Web site:

SAN Number: 268-1250

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the Publisher. Requests to the Publisher for permission should be sent to Atlantic Publishing Group, Inc., 1405 SW 6th Avenue, Ocala, Florida 34471.

Library of Congress Cataloging-in-Publication Data

Murphy, Donna Marie, 1965-

How to open & operate a financially successful vending business : with companion CD-ROM / by Donna Marie Murphy.

p. cm.

Includes bibliographical references and index.

ISBN-13: 978-1-60138-278-8 (alk. paper)

ISBN-10: 1-60138-278-2 (alk. paper)

1. Vending machines. 2. Vending machines--United States. 3. New business enterprises--Management. I. Title. II. Title: How to open and operate a financially successful vending business.

HF5483.M87 2010

658.8 7--dc22

2010003299

LIMIT OF LIABILITY/DISCLAIMER OF WARRANTY: The publisher and the author make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties, including without limitation warranties of fitness for a particular purpose. No warranty may be created or extended by sales or promotional materials. The advice and strategies contained herein may not be suitable for every situation. This work is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If professional assistance is required, the services of a competent professional should be sought. Neither the publisher nor the author shall be liable for damages arising herefrom. The fact that an organization or Web site is referred to in this work as a citation and/or a potential source of further information does not mean that the author or the publisher endorses the information the organization or Web site may provide or recommendations it may make. Further, readers should be aware that Internet Web sites listed in this work may have changed or disappeared between when this work was written and when it is read.

A few years back we lost our beloved pet dog Bear who was not only our best - photo 2

A few years back we lost our beloved pet dog Bear, who was not only our best and dearest friend but also the Vice President of Sunshine here at Atlantic Publishing. He did not receive a salary but worked tirelessly 24 hours a day to please his parents.

Bear was a rescue dog who turned around and showered myself, my wife, Sherri, his grandparents Jean, Bob, and Nancy, and every person and animal he met (well, maybe not rabbits) with friendship and love. He made a lot of people smile every day.

We wanted you to know a portion of the profits of this book will be donated in Bears memory to local animal shelters, parks, conservation organizations, and other individuals and nonprofit organizations in need of assistance.

Douglas and Sherri Brown

PS: We have since adopted two more rescue dogs: first Scout, and the following year, Ginger. They were both mixed golden retrievers who needed a home.

Want to help animals and the world? Here are a dozen easy suggestions you and your family can implement today:

  • Adopt and rescue a pet from a local shelter.
  • Support local and no-kill animal shelters.
  • Plant a tree to honor someone you love.
  • Be a developer put up some birdhouses.
  • Buy live, potted Christmas trees and replant them.
  • Make sure you spend time with your animals each day.
  • Save natural resources by recycling and buying recycled products.
  • Drink tap water, or filter your own water at home.
  • Whenever possible, limit your use of or do not use pesticides.
  • If you eat seafood, make sustainable choices.
  • Support your local farmers market.
  • Get outside. Visit a park, volunteer, walk your dog, or ride your bike.

Five years ago, Atlantic Publishing signed the Green Press Initiative. These guidelines promote environmentally friendly practices, such as using recycled stock and vegetable-based inks, avoiding waste, choosing energy-efficient resources, and promoting a no-pulping policy. We now use 100-percent recycled stock on all our books. The results: in one year, switching to post-consumer recycled stock saved 24 mature trees, 5,000 gallons of water, the equivalent of the total energy used for one home in a year, and the equivalent of the greenhouse gases from one car driven for a year.

Trademark Statement

All trademarks, trade names, or logos mentioned or used are the property of their respective owners and are used only to directly describe the products being provided. Every effort has been made to properly capitalize, punctuate, identify and attribute trademarks and trade names to their respective owners, including the use of and wherever possible and practical. Atlantic Publishing Group, Inc. is not a partner, affiliate, or licensee with the holders of said trademarks.

Foreword Congratulations You have now taken a step forward to becoming your - photo 3
Foreword

Congratulations! You have now taken a step forward to becoming your own business owner.

The perfect vending business is one where life is gentle and the income high. It is one with few complaints and few demands for instant response. It is one where your return on investment is high, where you get maximum dollars out of each machine, where service is easy, and where expansion is unlimited. Both you and your customers are happy when your products are moving fast. New designs and styles of different products are the norm rather than the exception, and you look forward to introducing new items to constantly keep up with these changing times.

Vending is a business that has all of these wonderful characteristics. In How to Open & Operate a Financially Successful Vending Business , Donald Rodrigue and Donna Murphy have put together a valuable resource not only for the new vending route owner, but also for the seasoned professional. You took a great first step by purchasing this book to learn some of the inside information and great methods to make your business rewarding and successful.

Just buying vending machines does not equal income-producing power; this comes from putting your machines in the best of locations. A common phrase referred to in the real estate market is also a key factor in your vending business: location, location, location. The more people that pass by your machines, the more opportunities you have to capture their business and increase your profits. Whether you have 10 machines or 1,000 machines, always remember that the better foot traffic locations you have, the better your profit will be.

As a bulk vending route operator and a supplier to other bulk vending route operators for many years, I often tell people who are just starting out in this expanding business to start small and grow your business. Be wary of phone solicitors and vending machine companies who put on seminars making promises or guarantees about income as long as you buy their 50 or 100 (or more) package of machines right now because it is a one chance only deal. Remember: You can always add more machines as you secure locations to build up your route. A good start is with some of the Vending and Business Resources listed in the end of this book.

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