Earning Money while Sleeping – Is It Possible?
If you are a housewife and have done well within your kitchen, you might have thought several times to earn some money in such a way that you need not spend a lot of time out from your home and still you get considerable money. Well, your expectations are a bit too high, which even you might have realized; however, there are still some such opportunities e.g. taking the franchise of fresh vending machines. You might have seen alluring ads which say something like “Earn $500 an hour with vending machines” or “Earn while you sleep with a vending machine” and so on. Though these ads seem too good to be true, it is the reports of the National Automatic Merchandising Association which say that 18% operators of vending machines earn about $1 million to $5 million in a year. However, they also further warn to beware of scams. What will you have to do to get success in the vending machine franchise business without getting duped?
Machine Type – While planning to start a vending machine franchise, you should first consider the type of machine you will need. Many of them are filled with an assortment of snacks and drinks. Others focus rather narrowly on a specific category like ice cream, cigarettes, popcorns or personal hygiene products. Some vending machines dispense individual items, while others offer things in bulk, like gumballs or hard candy.
Proper Licensing – Some states make it necessary to get a seller’s permit to run a vending machine, while some others need you to charge sales tax on the things you sell through the machine. The tax differs by state. The minimum price required to collect the tax also depends on the state. Visit your local licensing office and enquire thoroughly about requirements in your particular area.
New or Old Machine – You can buy a new or old machine, which too you have to decide in advance. Prices vary quite a lot. A new machine can cost you around some thousand dollars whereas you can get a used one for some hundreds or even less. You can search through Amazon, Craigslist or eBay. And you will also have to remember that whether the machine is new or old, it will stop working after some time; so, you need to search for someone to repair it or learn to do it yourself.
Truck – You will also have to either lease or buy a truck or van, depending upon your extent of operation. This is for carrying items from machine to machine. You will get a used truck starting at around $5,500, while rent for a basic truck might be around $500 per month.
Supplier – You will have to find out suppliers of the products you are planning to sell and you can do that either at a local store or on internet. In this context, partnering with the Fresh Healthy Vending Machine is absolutely beneficial because you are satisfied that you are selling healthy and fresh products and you get high quality products.
Location – Here too Fresh Healthy Vending Machine is a good choice to get help in deciding the location. But by far you have to remember to find a location which has a lot of foot traffic, like an airport, a shopping mall, a busy waiting room or a parking lot.
Servicing of Machine – You cannot just set up the machine and earn from your kitchen as you might dream. You need to do regular servicing of machine too. You should keep it clean, working and well-stocked. You may pay a visit per week, but if the machine is quite popular, you need to pay more visits.
All this is not as easy as it might seem, like earning while you sleep. However, you can definitely earn good money, by exercising certain cautions and applying hard work and planning.