Friday, September 19, 2008

Economy and Your Business

Well, I guess you've heard by the now that banks are falling, and peoples money(401ks stocks etc.) are at jeopardy of being lost. Well, lets talk about the cash machine called vending, we now that vending has been here since the 1800's, and people have always made money with vending. I just want to stress a few key points one of which is the price increase of snacks and drinks.We know that some of the snacks are going up due to the trucks etc have fuel increase, and a few other things, but this still want be a large impact on your business, because most of us are charging retail prices on food and drinks that we get at very low cost wholesale. In most cases you are getting a 60% to 80% return on something that may cost you thirty six or even twenty six cent. So, you are still making a profit on your business and according to the company Slimline "vending has stood the test of time through the Depression and many other economic crisis. "

So don't get caught in the hype or the scare tactics stay focused and while you grow your business.

please leave comments or questions

Thank you

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