Don’t kiss your boss goodbye too soon. Starting any type of business is tough and vending is no exception. Fortunately vending is one of the few businesses that can be started in your free time with very little cash, making it a fairly safe proposition. You don’t need to go all right away, the safer method is to just keep your job while you learn the ropes. Before you quit your job, you should have a route that can pay for all your living expenses or enough money in savings to pay your bills for a year.
Cheap, cheap, cheap. Don’t be afraid to be a penny pincher. Buy used vending machines when just getting started, but try to buy in lots of 20 where all the machines are made by the same manufacturer, this allows you to have machines where all the parts are interchangeable.
Wear comfortable shoes. It’s a long road stretching out in front of you. Building up a successful vending route is going to take a lot longer than you think.
Keep your head out of the clouds. The more realistic you can keep your goals and expectations the better off your chances of success. People who get into vending thinking it’s an easy business or the road to effortless cash flow are going to be in for a rude awakening.
Do the math. The national average for a double head vending machine is $14 a month. How many machines do you need to make your income goals? How much will these machines cost?
Chart a course. Now that you know how many machines you need to provide you with a living wage, you need to figure out a plan to get there. How much of your profits are you willing to reinvest. How long will this realistically take? Set this goal and work towards it.