Choosing sideline vending opportunities is a good choice

Choosing sideline vending opportunities is a good choice. The key to doing a sideline is to choose an industry that will bring you passive income. Doing a vending machine does not need to spend too much energy to maintain income. After all, you don't have so much time. Many people choose to invest in real estate or borrow from peers to obtain passive income, and some even directly purchase existing physical businesses. Among those seeking passive income, one of the most important ones is investing in vending machines. Isn't it weird? But this is very reasonable. If you operate reasonably, this thing can make a lot of money for you. The operation is simple and does not require a lot of preliminary preparation. Of course, we believe that contemporary exclusive sideline business should be e-commerce, not only because it can bring a lot of passive income, but also because it can save you time to do what you really like. To be fair, we are now going to take a look at the pros and cons of operating a vending machine (or similar model) so that you can decide for yourself how to choose. Advantages of vending machines: Although we do not recommend that you engage in vending businesses to seek passive income, it still has some advantages. As early as the late 19th century, vending machines had appeared. They have withstood the test of time and do not seem to disappear. So what makes them possess such vitality? 1. It is passive income, and the preparation time is very short. It may take several years for other businesses to develop to a large enough scale to bring you income, and vending machines can bring you income within a few months, which largely depends on where you place the machine. The number of machines you own and your mastery of your personal property status, but it is indeed possible to earn real money at an early stage. 2. Simple business model. The vending machine is an extremely easy-to-operate business model. As long as you place the machine, you only need to find the commodity wholesaler and decide the replenishment time. If you determine the location, you can sign a contract with the school, commercial center or the community, and then see what snacks or drinks are more popular, so that you can order on-demand to ensure the vending machine and your cash flow Continued operation. 3. Less capital needs. Speaking of cash flow, opening a vending machine does not require a lot of capital. Although the price of each machine is about US$3,000 to US$5,000, it is much cheaper than opening a restaurant or physical store. If you have $20,000 in savings, you can open ten vending machines. With these ten machines, you will be able to pay back your costs in a few months and start making profits. If you have more money, you can buy in batches at a more favorable price. The disadvantages of vending machines are the same as all other side businesses, and vending machines also have their disadvantages. So here is the reason why we will not buy vending machines. 1. The machine is complicated to operate. The distribution process of vending machines may be simple, but replenishment and maintenance are not the case. To do this, you have to be strong, or you are willing to give up a portion of the proceeds and hire a strong person. If you want to come by yourself, you have to be prepared to go to each vending machine location several times a week with snacks or beverage boxes, and add extra if there is a blockage or malfunction. If you don’t have the time and energy, you have to hire someone else. 2. A good location is hard to find. Another factor that determines the profit is that you decide where to put these machines. If you put them in a place with few people, your profit will not be high, and your ideal position has been occupied by others. If you want to find a good location, you have to hire a landlord, and the employment fee is also very expensive. Be cautious, and check with the relevant unit before hiring, because there are always many scammers in this business. 3. The cost of machine depreciation. Finally, like any physical objects in business, wear and tear is also a problem that needs to be considered. Once you buy a vending machine, its cost will only decrease. More importantly, the products in the vending machine are Perishable, so once you are fed up with operating vending machines and want to sell them, you must suffer a loss. If you have a purchase plan, welcome to choose Dongguan Trading Co., Ltd., and cooperate with Dongguan Trading Co., Ltd., a powerful manufacturer of Guangdong vending machines and Guangdong unmanned vending machines. Consultation and ordering hotline: Manager Shang: Previous: Unmanned vending machines use several operating methods to make money Next: A brief introduction to the working process of smart vending machines