Comments on: Vending Business – Passive Income and Recession-proof http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/ Business Opportunities, Entrepreneur Resources and Tools, Business Reviews Sat, 11 Feb 2012 02:41:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Noobpreneur http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/comment-page-1/#comment-109751 Noobpreneur Sat, 21 Jan 2012 01:47:49 +0000 http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/#comment-109751 terrystanley, Agreed - it's more demand today than ever - "thanks" to the tough economic situation. terrystanley,

Agreed – it’s more demand today than ever – “thanks” to the tough economic situation.

]]> By: terrystanley http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/comment-page-1/#comment-109198 terrystanley Thu, 19 Jan 2012 16:49:21 +0000 http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/#comment-109198 Vending machines are one of the best businesses you can have. They make money for you while you are not there. Plus, I think that people spend money on low-cost items such as vending during hard economic times. Vending machines are one of the best businesses you can have. They make money for you while you are not there. Plus, I think that people spend money on low-cost items such as vending during hard economic times.

]]> By: Noobpreneur http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/comment-page-1/#comment-1787 Noobpreneur Wed, 04 Feb 2009 07:58:25 +0000 http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/#comment-1787 I think so, too - as long as the location is right, of course... not only choosing a location where the traffic is there, but also choosing a location that will minimise the possiblity for customers to damage your vending machines, intentionally or unintentionally. I think so, too – as long as the location is right, of course… not only choosing a location where the traffic is there, but also choosing a location that will minimise the possiblity for customers to damage your vending machines, intentionally or unintentionally.

]]> By: Mr. Vending Machines http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/comment-page-1/#comment-1786 Mr. Vending Machines Wed, 04 Feb 2009 06:27:56 +0000 http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/#comment-1786 I think that vending machines are the best way to go to make good easy money! I think that vending machines are the best way to go to make good easy money!

]]> By: Noobpreneur http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/comment-page-1/#comment-380 Noobpreneur Fri, 22 Aug 2008 23:00:50 +0000 http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/#comment-380 Hi T, Thanks for your opinion! It's true that there are steps to take to establish vending business and, of course, it's not a walk in a park. No business is easy. However, there are certain business types that allow you to 'hands off' in day-by-day operation, in a sense that your business is running with or without you doing the 9 to 5 - this is what I mean by passive income - minimal involvement in the operational - but it's all about wordings, right? :) Anyway, great tips, especially on the location tips. Cheers! Hi T,

Thanks for your opinion!

It’s true that there are steps to take to establish vending business and, of course, it’s not a walk in a park. No business is easy.

However, there are certain business types that allow you to ‘hands off’ in day-by-day operation, in a sense that your business is running with or without you doing the 9 to 5 – this is what I mean by passive income – minimal involvement in the operational – but it’s all about wordings, right? :)

Anyway, great tips, especially on the location tips.

Cheers!

]]> By: T Edwards http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/comment-page-1/#comment-379 T Edwards Fri, 22 Aug 2008 21:04:54 +0000 http://www.noobpreneur.com/2008/08/21/vending-business-passive-income-and-recession-proof/#comment-379 Hello The vending machine business can be lucrative but I would NOT consider it passive income. There is maintenance and machine stocking to consider and also there will be the job of having to find locations for your machines. Most of the time your locations will be businesses and they may even ask for a cut of your gross. If you have slow machines, and you have food (candy, snacks, etc) then you will have to rotate your old, unsold stock for fresh goods. If you have machines that see more business then you will have to make frequent visits to refill them. Finally, you have to consider the cost of the machines themselves. Depending on what kind you have they could range from cheap (poor quality, not good for commercial use) to VERY expensive (hot drinks and foods). Watch out for people selling routes...do ALOT of research. Hope this helps T Hello
The vending machine business can be lucrative but I would NOT consider it passive income. There is maintenance and machine stocking to consider and also there will be the job of having to find locations for your machines. Most of the time your locations will be businesses and they may even ask for a cut of your gross. If you have slow machines, and you have food (candy, snacks, etc) then you will have to rotate your old, unsold stock for fresh goods. If you have machines that see more business then you will have to make frequent visits to refill them. Finally, you have to consider the cost of the machines themselves. Depending on what kind you have they could range from cheap (poor quality, not good for commercial use) to VERY expensive (hot drinks and foods). Watch out for people selling routes…do ALOT of research.

Hope this helps

T

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