When you start an exciting vending business, there are an array of vending companies that you can work with. You’ll want to be sure that you start your business with a company that is reputable, honest, and will work hard on your behalf. Whether you choose to work with Balanced Choice Vending, or another company, there are some key things you should consider.
We encourage you to not just listen to what you are being told by vending companies but to do a little research. Seek out quality references. Be specific about the types of references that you speak with. Ask to speak with someone that has been with the company you’re considering for less than 60 days and someone who has been with them for 6 months to a year.
Validate the Company
When you’re getting into the vending business you want to ensure that you have the best experience possible. Validate the information that you see and hear. Check ratings on Yelp, verify state and city licenses, check Better Business Bureau reviews, and look at other review sites to ensure that the company that you are considering is a quality vending company with a great reputation.
Know Who Will Be Assigned To Your Area
Don’t wait until after you’ve invested money to find out who will be looking for locations for your vending machines and micro markets. Get this information beforehand and ask to spend a few minutes talking to this person. Get to know their experience and successes. If a company declines or seems hesitant to do this before you pay, consider shopping around a bit more before you commit.
Here’s the flat-out truth: no one can predict exactly how long it will take to get your machines placed. No, not even us. If a vending or locations company tells you they can have a certain number of machines placed in a certain amount of time, our advice is to be a little wary, unless it’s guaranteed in a contract with the option of receiving 100% of your investment back. While it’s easy to guess with experience, there’s never a guarantee.
• Ask about your options for investment including financing.
• See if you can start with fewer machines and ease into owning multiple machines.
• Get an idea of what type of support/communication you’ll have ongoing.
• Be sure to ask about the different machines on the market and how they compare.
• Compare features, warranties, delivery time-frames, etc.
We hope this helps you on your journey. We hope to work with you, but more importantly, we hope that you are able to find the right fit for your business.
Contact us today to learn more and to get started!