Vending Machine Placement: Locating Your New Vending Machine

vending machine placement Vending Machine Placement is one of the great skills of a good bulk vending company (and full-line vending for that matter).  If you are new, you may feel overwhelmed by the prospect of the placement of your vending machines.
I have found many places and types of businesses can be good provided:
1) The business has at least minimal traffic
2) Several Employees
3) Seems a reasonably secure place for the machine

Depreciating Assets and Your Bulk Vending Machine Company

littleboyvendking What does depreciating assets have to do with your bulk vending machines?  Plenty, but it’s not all bad!  Depreciating assets can really help you at tax time, as my accountant has often discussed with me.

I am NOT an accountant and am not giving financial advice in this article, but since I have written in places about your vending machines being income-producing assets, I wanted to mention the depreciating assets side of it too.

Its not that your bulk vending machines are depreciating necessarily to you, but as with any equipment, the equipment wears out (depreciates) with time.  Thus, the term “depreciating asset”.  If you think about it, you are replacing globes, mechanisms, chute doors, or other parts as they get broken on your vending route.  Over time, it stands to reason that effectively a bulk vending machine can be completely written off because its effective age has reached the point of no more use in the business or to the individual.  This may or may not be the actual case in use in the business, but for tax purposes, the asset has reached its end and you have a systematic yearly deduction for the expense. 

This is the benefit of a depreciating asset for you the business owner.  Contact your accountant and have them explain the tax benefit depreciating assets can be to you.  Even though I have talked about depreciating assets in the context of bulk vending, it applies in many other businesses.  I encourage you to really understand this area as a business owner.  Depreciating assets carry several important rules to be utilized properly, so please seek professional help to fully utilities their use.

© Christmark Enterprises, LLC

Toy Capsules, Tattoo, and Bouncy Ball Bulk Vending: How to Use These Bulk Vending Products to Diversify Your Vending Business

photo_1055_20060210 Lately I have been changing my bulk vending strategy a little to sell more toy capsules, tattoos, and bouncy balls.  Even though my profit margin is lower, better sales overall have been higher. 

Don't get me wrong, I still sell a lot of candy and gum, but I am slowly  doing more and more with toy capsules, tattoo and sticker vending and bouncy rubber balls to diversify a little more away from candy and gum.  Diversifying keeps me from relying too much on one product area for my source of income.  Sometimes selling the new products gives me competitive advantage against other vendors.  Some vendors care nothing about these toy products.  I didn’t either for a long time,  but after a few changes here and there, I am tweaking my product offerings.

The other area I am diversifying in is with rack locations vs. single/double head locations.  Some of the new rack locations I have been getting have been extremely good.  The advantage of a good rack location is that you typically have a longer account lifespan than with a single or double headed charity machine.

Just a few things for you to think about as you build your bulk vending business.  Hope this helps you!!!