Points To Consider While Shifting Your Planet Antares Vending Business
One of the first decisions that need to be made while developing your vending business is to move your Planet Antares vending business into a separate building. Most operators have opted to rent a section of a “strip warehouse” along with other small businesses. To shift your vending business out of the home, you should look at all the costs associated with it.
Account base
You need to have a diversified account base. If one account represents a large part of your total sales, you could be in trouble if you lose the account.
Growth plans
Several vending operators have claimed that no matter what the size of their business, their facility is not big enough. When you plan for a new facility for your vending business by Planet Antares Inc, plan for future growth and a larger inventory of machines.
Remember that as your business grows, so will the need for extra space for inventory. How fast you plan to grow and how long you wish to continue in your new facility will also bear an impact on the size of the building and the related costs with the size of the building and lease period.
To ensure successful vending business operations, you must control the costs, maintain adequate vend prices and manage your machine product inventory for optimal sales and route labor costs.
Concentrate on business basics
It is a good idea to sell high quality service rather than focusing on lower prices. Concentrating on higher drink product mix will allow you to have a gross margin above 50 percent. You must focus on achieving higher sales per week per route by servicing the equipment only when it requires refilling. Obviously, this means having the proper planogram for each machine to allow it to be filled at least at the 50 percent point.
Location of facility
Be careful while choosing the location of your Planet Antares vending operation. A lower cost facility in an area of town far away from your home may cost more money than a more expensive facility that is near your home. The location of your facility can also be a factor in the quality of employees who are ready to work for you.
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