Planet Antares Tips For Recognizing Dishonest Vendors

Along with the legitimate vending companies, you will also come across fraudsters claiming to be genuine enterprises in the dynamic, ever changing vending industry. The trick is to recognize dishonest vending operators and steer clear of any business relationships with them as partners, suppliers or customers.

Generally, dishonest vending operators will report fictitious sales of lower amount to the client.

During the following processes, alteration of the original, actual amount takes place:

• Collection
• Counting
• Data entry
• Commission calculation
  

In case a single person conducts these functions, all other members of the vending operator may or may not be aware of the scam. This person may be the manager or the route driver.

As a Planet Antares vending business owner, you will need to hire people who are trustworthy to run your vending business. If the personnel are dishonest, this will bring bad reputation to you.

Surprisingly, a few vending operators prefer running a dishonest vending business and their only concern is to prevent the customer from finding out. If the customer recognizes their scam, these companies face the risk of loosing the account and possibly face legal charges to recover lost commissions. To prevent any such situation, you must employ honest and experienced staff in your Planet Antares vending business.

A large portion of the operator’s team handles cash or products that can be converted into cash. Hence, it becomes important to employ people with ethics, moral integrity and a conscience to prevent stealing incidents in your vending operations.

Other than the above stated issues, a dishonest vendor even faces the real market risk. For example: If a location is lost due to under reporting of sales and is taken over by a reputable Planet Antares vending operator, it will show a sharp increase in sales and hence, greatly appreciated.

In the end, an honest vendor always has the potential to drive a dishonest vendor out of business. He may contact other locations and tell them about the wrongful activities of the fraudster vending operator. This leads to greater business prospects for the legitimate vending operators and eventually, higher profitability.