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How Do I Get Into the Vending Machine Business?

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How Do I Get Into the Vending Machine Business?

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Vending machines offer benefits as small business starts. Not only can an entrepreneur interested in a vending machine business operate an all-cash venture with a low cost of operation, but also a venture that requires low to no additional staffing. The vending industry is easy to understand, despite being worth over $22 billion in annual revenue. With the right perspective and effort, you can turn a vending machine business into a cash cow. Research the vending needs of a specific geographic area. Usually it is best to start within a dozen miles of your home, since a vending machine business can easily be run entirely from a home office (or garage). Canvas the area banks, hospitals, hotels, restaurants, bars or lounges, office buildings, groceries, schools, and pharmacies to see the types of products and machines that are already in use, where they are placed, and how much they charge. Chart out the information you researched in step 1; you should be able to identify the top-selling p

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