ACQUISITION OF VENDING OPERATIONS

Getting hold of an already established vending business has become a trend in the industry. This in my opinion should be avoided as you get the outdated machines. I would recommend to get the latest vending machine from a reputed manufacturer like Planet Antares.

In secondary market, everyone remains keen to know who is buying whom. It may not be visible to most of the operators, but many acquisitions send a wave in the industry. The impact is felt by everyone involved in the trade. Customers, competitors, product distributors, equipment distributors, manufacturers and all other participants are affected.

The immediate impact of the acquisition is on the customers. They form the prime importance in any business. Vending is no exception. Customer satisfaction and requirements have to be very well taken care of. Person who acquires the vending business have to give an utmost attention towards the customers of the business. If you wish to acquire a vending business to your Planet Antares vending operation, make sure that you understand the established customers and serve them with equal or better vending services.

Any negative impact on the accounts will lead you nowhere. If the customers are rendered with poor services they will feel ignored by the new operator who has taken over. Effort has to be made not just to maintain the existing customers but also to attract new ones. After acquiring the vending business you can place an advertisement to inform the customers about you and also assure them with the quality services they have always been receiving. This will generate a confidence among them and will make them believe you to keep continuing with your vending activities.

The suppliers should also not get affected by the acquisition. The trust has to be maintained and they should be encouraged to remain the ever essential part of the business. They should feel secure with the new operator only then will they continue with operation. A healthy environment is a pre requisite in the industry and the possessor needs to understand the importance of it.

Expectations will only rise from your business as it expands and the operators need to become more participative in the operations and ensure the stability.

TRENDS AND GROWTH IN VENDING BUSINESS

Automatic merchandising is one of today’s fastest growing industries. It is fast, easy and economical. The vending industry has seen an extreme amount of growth over the past few years as it gives an opportunity to the vending consumers of convenient and fast shopping. It offers new entrepreneurs a way to start business and grow quickly. Vending business is not limited to any particular industry or brand among that industry. Vending business opportunities with Planet Antares are vast. Diversification of merchandise offered is the most remarkable trend in the vending business. The most money spinning and unwavering vending machines in the market place have been snacks, beverage, and candy and food vending machines.

Planet Antares vending is a billion dollar industry, stable and growing. The amount of money could vary from 20 dollars to 100 dollars a day depending upon the type of machines you own and operate. Vending can be very profitable business as department of commerce study revealed that fewer than 5% of new vending companies fail each month which is not as much as compared with a 65% failure rate by the Small Business Administration, for independent, new business start up. Planet Antares ensures a sure shot business success with an extreme professional support.

Almost 70% of vendors start off on a part time basis, keeping their full time job alive. After work or on weekends is the time when they check their machines and service them. This allows their money to work for them while they keep their present jobs. 85% of them turn to full time vending after two years. We might wish that our economic system operated differently, but it doesn’t. Having money or not having it largely controls what we do in our lives. Planet Antares Vending gives you that independence of money. Not only is the greatest growth of vending ahead of us, but also the greatest diversification of vending is yet to come.

Money is the ultimate aim of getting into any business. Planet Antares Vending allows a person to invest 10 to 20 hours per month and get a return on money invested 100% to 200% in the first year and hence proving to be the money yielding business within a short time span. This business is recession proof. 2.6 million Americans lost jobs in 2008, with 524,000 eliminated in December alone, the safest passage way that comes into lime light at this point of time is self-employment and planet Antares provides you with that golden opportunity.