Planet Antares Scam Warnings For Vending Trade

Tips on Cutting down Costs in Vending Business

Vending unlike any other business is highly profitable if and only if you are able to keep your costs under control. There are no predetermined ways of achieving success in this business. This is a very realistic business which allows you to learn from your previous mistakes.

Hence cost cutting is one of the toughest challenges faced by vending operators. However, a healthy profit margin can give you quick growth and increase your chances for long time survival in this business. There are few strategies that can help you keep your overhead costs under control.


• Jot down clearly all your business expenses: Keep a track of all your regular weekly and monthly expenses. Close monitoring will help you identify abnormal rise in expenses easily.

• Always purchase a new vending machine from trusted companies like Planet Antares whenever you start a business. This reduces your maintenance cost.

• Try to handle small repairs your self. This would put a check on unnecessary overhead expenses.

• Inventory control: Be careful with your inventory and avoid unnecessary wastage and theft of stock.

• Always purchase stock in bulk. Large quantities can be obtained at lower unit cost.

• Record invoices: Always have a countercheck on your invoices against the purchases made.

• Check your advertising costs: Costs incurred for setting up of sign boards need to be checked. This helps you in identifying if you are spending too much on advertising.

• Use appropriate dispensers: Adjust the quantity of product you dispense by using exact dispensers. This would prevent unnecessary wastage of the product. For instance if you are using a vending machine to sell candy, then dispense only that portion that is sufficient to fill a child’s hand.

• High product prices would mean low cash flow for the vending machine operator. Try to cut other expenses to compensate on high product cost. But never compromise on the quality of the product.

• Try to visit check the performance of the machine regularly. This will help identify any break downs or service requirements in the initial stage itself. This will also help you cut down your servicing expenses.

• Plan your vending route in such a way that you will be able to cover all your vending machines to check their performance without wasting any time.

Labels: planet antares, planet antares vending

posted by Karola Marx @ 7:25 AM