“Tools and Equipment”

In order to do your vending business, you will need tools and equipment. First start with reliable transportation, your personal vehicle will work in the beginning. As your business grows you may need a cargo or step van.

Some kind of dolly or cart will be needed in order to transport product from your vehicle into the machines at the location.

Start a tool bag. I like the light weight canvas bags with the open top and a carry handle . These can be purchased at most home improvement stores. In your tool bag have some of following items… pliers, calculator, pen, pencil, receipt pad, small flash light, volt meter, small pocket note book, screw drivers, small ratchet socket set, glass cleaner, electrical tape, sheets of paper towels, (conserve space - fold a few sheets – no need for the whole roll) electrical ties, Allen wrench set, a roll of invisible tape both regular and two sided.

Know what kind of equipment is required for the location you are proposing to set and service. Do a site survey. Measure all access areas, doors, loading dock, steps, stairs and platforms. Make sure the proposed equipment will fit in the space provided. Check to make sure there are electrical outlets and they are adequate power requirements. Will you be installing new or refurbished vending machines? I suggest you use refurbished equipment when ever possible. Holding set up cost as low as possible will make your new business profitable sooner. Other questions that will need answers are as follows… Will these machines be going to a new customer and updating what they had in the past? Are the machines outfitted with the latest (eye vend) technology, such as guaranteed delivery? Do they except five dollar bills and dollar coins?

You can purchase machines from manufactures and equipment distributors. Sometimes other vending company will have equipment at their warehouse and are willing to sell it. Be sure to SHOP! SHOP! SHOP! for the best price and value. Talk to other vending companies and ask what kind of equipment they like best and why?

Start gaining an understanding of how to move and set safely the equipment you will purchase for your locations. Vending machines can weigh from 150 pounds to 1200 pounds. Learn about moving equipment from distributors and other vending companies. Be careful and be safe.

Up coming topics “Financing and Leasing of Equipment”