E-THOUGHT FOR THURSDAY AUGUST 20, 2009

Good day fellow vending enthusiast,

How many times have you heard or read something like this? Attention entrepreneurs: How would you like to work from home, be your own boss, set your own hours, and earn good pay?

The vending machine business is hot right now, and you have the opportunity to receive a big return on a small dollar investment. Does this sound too good to be true? They usually are, sometimes several times a day people come into the warehouse stuck in a "turn key" business that they were talked into during some seminar they attended.

Advertisements for vending machine sales often appear in the classified pages of daily and weekly newspapers, magazines, online, or in television infomercials. All advertisements claim to make you a generous, six-figure, side or full-time income.

The promoters will sell you the vending machines and promise you placement in highly-populated companies, malls, airport terminals, bowling alleys, or other public facilities. They'll convince you that these hot locations are going fast, so it's best to buy multiple machines from them now to secure the best locations. Most of the machines that they offer to sell you (for way to much money) do not even have the capacity for you to make your money back on your investment! Other than collecting huge amounts of money from the machines each week, your responsibilities as a vending-machine entrepreneur include: restocking, cleaning, and repairing the machines.

After investing thousands of dollars in vending machines and inventory, most of the people that bought into the "scam" say that they received poor quality equipment or the machines were placed in very poor or nothing like what was promised locations!

People who've invested in vending machine sales rarely make the big money they're promised. In fact, these entrepreneurs generally lose their entire investment.
Now i know allot of you are in the business already, but those of you that are checking the blog just to pick up on news and ideas about the industry. Before you "buy" into one of these scams, please take this into consideration.

• Buy one vending machine at a time and see how each one does. If you have success with the first one, you can buy another.
• Buy a vending machine from someone in the business or a vending machine store, we( Vend Northwest) actually have a bulletin board in the warehouse that we allow customers to put up signs for equipment that they would like to sell. Come down someday and check it out!
  

• Beware of variations of the vending machine scam such as selling amusement games, or racks with items for sale such as small toys, greeting cards, or cosmetics.

We all would like to think the best about everything, but there are people out there that prefer to take the "easy" way out when it comes to making money. So please just do your homework when getting into any new business and remember if it seems to good to be real..........it is!


Regards
Curt Wokal