My Uncle, in his endles efforts to motivate me into entrepreneurial adventures (by the way, I'm 16), always suggests various ideas for small businesses that I could do. Some of them aren't bad, but alot seem a bit farfetched.
A few days ago, he came up with puting vending machines in apartment buildings, and letting them make money for you.
Here's the part where I ask that anyone with busines knowedge correct me at every wrong.
The way I understand that, is that I would get in contact with Coke, or some other company that leases/sells vending machines. I obtain one, and then speak with apartment building landlords to see who will allow me to install the machine in their building. Supposing I find someone who agrees, I would likely have to pay the landlord some fee for using his space. After that, the cash would roll in, I would pay to restock the machine, rinse and repeat.
So first of all, is my understanding of how that would work correct? Second how much do vending machines cost?
2006-10-17
14:54:20
·
4 answers
·
asked by
Canadian Bacon
3
in
Small Business