Planet Antares Scam Warnings For Vending Trade

What Are You Making On Planet Antares Vending Machines?

You will be surprised at the number of vending operators who claim to be business owners but have no clue about the money being generated by their Planet Antares vending machines.

Do you know what you are making from your vending route?

If you are an entrepreneur, you must be aware about the financial position and performance of your equipment and vending locations at all times. This does not refer to the spread between the cost of goods and their selling price. What is important is to know how much you are making per hour, after all expenses.

For this task, you have several methods that can be used. Business accountability is an important factor for enhancing the efficiency of any vending operator’s activities. When you have no idea about the amount of profit made by your business and your liabilities, it will be very difficult to plan future growth and expansion. Moreover, you will not be able to make accurate estimates I financial statements.

Basically, there are two ways to track your business:

1. Manual calculations
This involves mathematical calculation without the help of any software. From your Profit and Loss Account, take the “Profit” figure and divide the amount of time spent on your business by it.
2. Electronic manipulation
This involves the use of software that will automatically generate financial figures for your business. Accounting software like QuickBooks or Quicken can be used for tracking your Planet Antares business operations.

The manual calculations may take some extra time as compared to the use of software. However, the time invested in such tasks is well worth the efforts. If you are still doubtful about the need for tracking your business revenue and profits, ask any successful entrepreneur and you will know what I’m talking about.

Once you are aware of your monetary position, you can make better, informed decisions about the vending machines, products and locations that will help you achieve the business objectives.

posted by Karola Marx @ 8:19 AM