December 25, 2007

Merry Christmas - may your vending boom!

First off, let me wish each of you a very Merry Christmas!
Not happy holidays, but Merry Christmas!

Whether you're a lifetime vending veteran or you just bought a bunch of machines to start a vending business, there's always room to grow and improve your business. The week between Christmas and New Years can be a great time for reviewing your business achievements and goals for the past year while deciding where you want to be at the end of next year.

Make sure you are keeping good records: early in your business, you may not see the need to spend time keeping track of all the details. Hey, the bank account is what counts, right? We'll your bank account can grow much faster when you keep a pulse on your business and use the past numbers to plan for the future. A few years later, you realize why those values would be great to have.

The vending machine business is a simple one, but it is a real business! At least it should be; if you really want to make it successful, be sure to treat it that way.

Looking at your numbers from week to week may not be impressive, but when you chart them over a year period or more, it can really open your eyes to areas for improvement that you would not have seen otherwise!

A great tool to give a true picture of the growth of your vending business it to plot your sales and profits on a 12 Month Moving Average. It removes the seasonal trends so that you know if your business is really growing or not!

Make goals, track results, & give your customers more than they expect.

For more common sense in vending, visit
www.USEDvending.com and www.4MEGA-vending.com

Filed under Main by Vender Defender.
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