Larry Towner, a vending business consultant, offers more tips for newcomers about getting started in the business in a podcast interview conducted by A&M Equipment Sales Inc. a vending equipment dealer based in Lithonia, Ga.
He says a business plan is necessary to succeed in vending, including goals. He says operators must consider all the costs involved and must consider how many products must be sold to cover all their costs. He once again warns newcomers to beware of vending opportunity seminars.
The Vending Business Show is a series of podcasts residing on A&M Equipment’s Website, www.amequipmentsales.com. These are educational interviews that discuss the nuts and bolts of the vending business.