Monday, December 28, 2009

Benefits of Vending Business

It may be surprising to note that vending is one of the oldest business models that have been in existence since 215 BC. Initially these machines were first used to vend holy water in Egyptian temples. Once people started realising the benefits of using these machines they started adopting them on a full time basis. Since inceptionof modern vending machines in year 1970s, vending industry has been skyrocketing giving huge employment opportunities to several new and upcoming entrepreneurs. What makes vending so popular? This is a very common question which most of us would like to know whenever we talk of this business.

• Initial cost of set up: When compared to other business opportunities, the capital required to start this business is very low.

• Instant cash flow: This is one of the very few businesses that allow you to reap returns right from the time you install your machine and fill it with sufficient amount of stock.

• Cash flow: There are very few other business opportunities that are all cash. Since vending is a hundred percent cash business, you need not worry about bad debts or other collection issues.

• 24/7 Services: There are no set working hours in vending business. Your machines would be every ready to cater to the needs of its customers round the clock all 365 days.

• ROI: When compared to other business models, the profit margin in vending business is very high this allowing you to enjoy huge returns.

• Tax exemption: Tax exemption is applicable to vending business also. If you fall in the 20%-30% tax bracket, then you have great chances of increasing your profits.

• Vending business has allowed several operators to enjoy complete financial freedom and allows you to have complete control over your money and future.

Are you tired of working in your regular job? Looking for some additional source of income to support your family during this recession? Then vending is perfect choice for you. You can take up this business either on a full time or part time basis. In either case, you are sure to get guaranteed revenue. Once you are confident of running this business, you can look at expanding this business by adding new machines.

Planet Antares provides full range of vending solutions to its customers. Planet Antares support staff guide vending operators about various tips and tricks of the trade to establish a successful vending business.

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