Vending Franchises--Recession-Proof Business Opportunities
Vending Franchises--Recession-Proof Business Opportunities
There are specific kinds of franchise businesses that provide even greater security, specifically in the face of a recession. One of those is the vending industry. A vending franchise offers a very special opportunity, in that according to many business professionals, it is entirely recession-proof.
There are only a handful of markets that don’t suffer under the weight of recession, and each of them is recession-proof because it provides some product or service that people either need in spite of recession or want because of recession. Some of the industries that survive on human necessity are food, medicine, home repair, car repair, and gasoline. Regardless of what national economics look like, people continue needing food, medicine, a functional home, and a working car, so recession has no effect on such businesses. Other businesses, like entertainment, alcohol, and tobacco, thrive in a receded economy because people seek them out as a momentary escape from the harsh realities of a dwindling economy and all the practical problems that come along with that.
In some ways, vending falls under the second classification. Depending on what a given vending machine provides, people are looking for just a momentary pleasure in the midst of life’s growing stresses. The product from the machine may only be candy, bringing relief that only lasts for a few minutes, or it may be a movie rental, giving perhaps two hours of enjoyment, but in either case, a quarter or a couple dollars is a small price to pay for a little bit of escape.
For the owner of a vending machine, this understanding can pay off: the business will bring in a solid income even when other lines of work are barely staying afloat. So if you’re looking into purchasing a business for sale and having a hard time finding business opportunities that feel safe in the midst of economic setback, here are some vending options for you.
Vendstar
Founded by a true entrepreneur who decided to leave an executive position with an international corporation to make business ideas like this home business franchise available to other franchisees, Vendstar is a highly lucrative, highly customizable business. Their greatest claim to fame is that the business model has proven successful in the hands of every kind of franchisee imaginable. College graduates, retirees, married couples, singles, and parents have all purchased, replicated, and profited from the Vendstar franchise. In part this is because of Vendstar’s one-of-a-kind machines, designed for both optimal space preservation and storage capacity.
U-Turn Vending
Another successful name in the vending industry, this franchise differs from the pack primarily because of the design of its machines, which, instead of being stationary, are built to rotate, on a center pivot. Because the candy section of the unit spins, making all four sides accessible, there is four times as much holding space for various sweet treats as there is in a usual machine, and each container is removable, making restocking a breeze. Taking all this into consideration, this recession-proof, inflation-proof, low-cost, year-round vending franchise is one to give attention to.
DVDNow
The revolution in movie rental has begun, taking movie-watchers out of rental stores and putting them into the grocery stores, malls, convenience stores, and department stores they’re already shopping at. DVDNow is at the forefront of that revolution as one of the first companies to merge DVD renting with the automated vending machine. This method provides movies right where customers are, at low prices that they appreciate. One of the cheapest work from home businesses out there, this franchise is primed to make a killing, particularly in the midst of recession, when people just want to spend a couple hours getting away from life with a good movie.
Love Maine Lobster Claw
Possibly one of the most creative vending businesses out there, Love Maine Lobster Claws affords consumers the opportunity to draw a live lobster out of the machine with the aid of a joystick-operated claw mounted to the ceiling of the tank: that is, if the buyer is dexterous enough to catch one. It’s a machine that’s part vending machine, part arcade game, and part seafood counter at the grocery store, but it’s all fun and all profit. Some machines have been able to bring in $750/week, making it the perfect work at home franchise for the fun-loving franchisee looking for a solid income.
Many businesses are out there, and it’s often easy to believe that the bigger they look, the more profitable they must in fact be. Sometimes that may be true, but that is no reason to overlook the smaller, simpler opportunities that, surprisingly, are just as impressive, because they may very well be the ones that can weather serious economic troubles better than anything else.
Vending FranchisesRecessionProof Business Opportunities - To learn more about this author, visit Candice Clem's Website.
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The housing market is down, Wall Street has fallen beneath the 9000-point mark, and unemployment is slowly rising. Recession is on everyone’s mind, and anyone looking to get into business for himself is more than a little afraid, for good reason: starting a home based business is risky under normal conditions, let alone during a recession. Franchises vastly increase an entrepreneur’s odds of survival, but there’s still more that can be done.
There are specific kinds of franchise businesses that provide even greater security, specifically in the face of a recession. One of those is the vending industry. A vending franchise offers a very special opportunity, in that according to many business professionals, it is entirely recession-proof.
There are only a handful of markets that don’t suffer under the weight of recession, and each of them is recession-proof because it provides some product or service that people either need in spite of recession or want because of recession. Some of the industries that survive on human necessity are food, medicine, home repair, car repair, and gasoline. Regardless of what national economics look like, people continue needing food, medicine, a functional home, and a working car, so recession has no effect on such businesses. Other businesses, like entertainment, alcohol, and tobacco, thrive in a receded economy because people seek them out as a momentary escape from the harsh realities of a dwindling economy and all the practical problems that come along with that.
In some ways, vending falls under the second classification. Depending on what a given vending machine provides, people are looking for just a momentary pleasure in the midst of life’s growing stresses. The product from the machine may only be candy, bringing relief that only lasts for a few minutes, or it may be a movie rental, giving perhaps two hours of enjoyment, but in either case, a quarter or a couple dollars is a small price to pay for a little bit of escape.
For the owner of a vending machine, this understanding can pay off: the business will bring in a solid income even when other lines of work are barely staying afloat. So if you’re looking into purchasing a business for sale and having a hard time finding business opportunities that feel safe in the midst of economic setback, here are some vending options for you.
Vendstar
Founded by a true entrepreneur who decided to leave an executive position with an international corporation to make business ideas like this home business franchise available to other franchisees, Vendstar is a highly lucrative, highly customizable business. Their greatest claim to fame is that the business model has proven successful in the hands of every kind of franchisee imaginable. College graduates, retirees, married couples, singles, and parents have all purchased, replicated, and profited from the Vendstar franchise. In part this is because of Vendstar’s one-of-a-kind machines, designed for both optimal space preservation and storage capacity.
U-Turn Vending
Another successful name in the vending industry, this franchise differs from the pack primarily because of the design of its machines, which, instead of being stationary, are built to rotate, on a center pivot. Because the candy section of the unit spins, making all four sides accessible, there is four times as much holding space for various sweet treats as there is in a usual machine, and each container is removable, making restocking a breeze. Taking all this into consideration, this recession-proof, inflation-proof, low-cost, year-round vending franchise is one to give attention to.
DVDNow
The revolution in movie rental has begun, taking movie-watchers out of rental stores and putting them into the grocery stores, malls, convenience stores, and department stores they’re already shopping at. DVDNow is at the forefront of that revolution as one of the first companies to merge DVD renting with the automated vending machine. This method provides movies right where customers are, at low prices that they appreciate. One of the cheapest work from home businesses out there, this franchise is primed to make a killing, particularly in the midst of recession, when people just want to spend a couple hours getting away from life with a good movie.
Love Maine Lobster Claw
Possibly one of the most creative vending businesses out there, Love Maine Lobster Claws affords consumers the opportunity to draw a live lobster out of the machine with the aid of a joystick-operated claw mounted to the ceiling of the tank: that is, if the buyer is dexterous enough to catch one. It’s a machine that’s part vending machine, part arcade game, and part seafood counter at the grocery store, but it’s all fun and all profit. Some machines have been able to bring in $750/week, making it the perfect work at home franchise for the fun-loving franchisee looking for a solid income.
Many businesses are out there, and it’s often easy to believe that the bigger they look, the more profitable they must in fact be. Sometimes that may be true, but that is no reason to overlook the smaller, simpler opportunities that, surprisingly, are just as impressive, because they may very well be the ones that can weather serious economic troubles better than anything else.
Vending FranchisesRecessionProof Business Opportunities - To learn more about this author, visit Candice Clem's Website.
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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Leanne Hoagland-SmithAre your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website |
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