Re: Clean Machines

The first step in a successful vending business (besides killer locations of course) is cleanliness. You wouldn't believe the number of dirty candy machines around your city. Walk into any retail center and look at the machines, how long has it been since they've been cleaned? A month, 3 months, 6 months? The truth is they have probably never been as clean as the day they were dropped off. That's right, most vendors never clean their machines.


Will this really make a difference? You Bet!

What will eventually happen is the other guy will no longer have a machine there. The business owner will make them remove their machine when they see how well you service yours. Keep your machine clean! You are going to double your business and keep the best locations to yourself!

What to do: When you service your machines you should have a spray bottle with water and a fresh terry cloth rag. Spray the machine and keep wiping until it's crystal clean. Make sure the globe shines like the first day you bought it. Also, make sure your rag looks fresh, no one wants to see you clean your machine with a dirty rag!

Re: Bountiful Candy

This is called bountiful candy. Do you know how many repeat sales are lost due to not enough candy being vended? TOO MANY!

Don't Bogart your candy! You want to vend bountiful amounts of candy so your customers come back to you time and time again! Most vendors have the misconception that the biggest consumers of candies are kids. Maybe in some cases, but Generally it's the employees! Employees are going to eat your candy day in and day out. Trust me, a hungry auto mechanic can support an M&M Peanut machine all by himself.

Since we're on this topic, give the mechanics a quarter or two when you're there! They will appreciate and use your machine even more.

Don't be stingy on your candy. You know what they say, do unto others as you would have done unto you!

8 M&M Peanuts, No Less!

10 Skittles

10 Runts

10 M&M Regulars

1 Gumball

This well help you gage how to set your machines and sales ..

check out http://www.Kickstart.com for more info.

How To Measure Results

This is part three of the double your vending cash flow series!


As email tips go this is going to be an important one. It is an important aspect of any business, every business, and especially this business. You are not just a vendor; you are a business man or woman, entrepreneur, and investor. Don't you want to know how your investment is turning out?

How does an investor look at his investment? ROI or Return on Investment. You can also look at is as your internal rate of return for your business.

To be successful as a vendor and to be successful in business you need to measure results. If you don't measure, how will you know where you're headed?

Here are several variables you should begin tracking right away.

* Machine sales per month

* Sales per "head" per month. Double head machine would have two heads. You need to keep track of each head and how it performs.

* Total Sales per type of candy per month. You need to know if you are selling more M&M Peanuts than Runts and by how much.

* % Margin on candy per month. M&M Peanuts may have greater sales than gumballs but gumballs may earn more profit due to the higher margins.

Now, using all of your data; load your spreadsheet program up and input all of this data to create a Pivot Table. This will show you graphically what is going on in your business. This is your first level of measurement.


Steps:1. Measure Results

2. Track Results

3. Make informed decisions.

4. Take the necessary steps to increase value.


Read more about Pivot Tables Here:

http://www.microsoft.com/dynamics/using/excel_pivot_tables_collins.mspx

Regards,
Robert Patterson,
President
http://www.kickstartlocations.com

Still Think Its A Recession

What Recession is the question? I am making money in this bad economy are you? Many people are still buying into the fact that we are in a recession I think we are in a progression meaning you have to be progressive in order for you to make some money. Vending is the recession proof business. If you are having hard times in your business then you need to market more.

Don't be fooled by the b.s. get off your lazy assets and get out there and make some money.

cool water

Download your free excerpt of the e-book Americas Best Kept Secret

Finding Money for Your Small Business

Getting money for your small vending business can be a task. If you are like me you don't have cash right out to go and buy machines needed to make some additional money. Since the economy is not so create "We" have to be creative when making and getting money. I have a couple of suggestion to help you get over the hump. First, you can use the good old trusty credit card to start you small business. I personally used my Discover card to buy one of my machines which has worked out great because the location is bringing in steady money which allows me to pay back my start up cost. Secondly, your job if you have a job you can put back some money each pay period to get you up and running with your business.Starting off small is not a bad idea get a few bubble gum machines and use the money from that to get you moving. Finally, taking donations is another way for you to get financed for your small vending machine business.

If you are serious about making money getting free and getting your life back then act on these few tips and you should be well on your way to financial freedom.

peace
cool water

Growth

Patience is the key to growing your vending business. The economic scare is leaving people with a loss of focus. The turtle or the hare, which would you rather be in building your residual income cash cow business. I believe after the bumps in the road you will begin to see some real growth with your business. You must remain patient in order to short term execution will lead to long term wealth.


Please THINK PLAN EXECUTE to build real wealth.

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