Tuesday, March 06, 2007

Relocating your Vending Business

When people usually get into the vending business for the first time, they usually start running their vending operations from their homes. When you start a Planet Antares vending business, it will not be long before you will start making huge profits while you are running your vending business from home. You can only think of expanding your vending business, if you are making good profits. Expanding your vending business would mean that it would be time to relocate your vending business.

In any business, you must make decisions at certain stages of growth to meet your desired level of growth. Moving your Planet Antares vending business into a separate building is one of the first decisions you must make as you grow. Most operators usually opt to rent a section of a “strip warehouse” along with other small businesses. For you to make such a move, your vending business has to be doing well financially. At the time you need to make this decision, is the same time you will have to hire additional help. The work load would definitely increase since you have increased the size of your vending operations.

Basic costs
For the moving out of your operations, there are certain costs that you will need to start considering. First is the monthly cost of renting a small warehouse and office. The costs usually range from $1,000 to $2,500, depending on the square foot of the building. Your utility bills would usually average in the hundreds depending on the size of the warehouse. The utility bills tend to be higher during the winter months.

It is said that your sales would have to have reached around $500, 000 before you can even consider moving to a new facility. In reality, many operators begin operating in new facilities at lower sales volumes because they have simply outgrown the house.

If you want to relocate your vending business, you will need to make sure that your business will remains profitable after the move. The Planet Antares vending program will help you know exactly when would be the ideal time to move your vending business out of your home. This is an important move, so you need top make sure that it is done at the right time. When you relocate your vending business, ensure that there will be no decrease in your profits.

What to consider about new location
When moving your Planet Antares business from your house, you will need to choose your facility location carefully. A lower cost facility in an area of town far away from your home may actually cost you more than a more expensive facility located near your home. When looking for a proper location, you would need to consider security, traveling distance and time from your home, among others. The location of your facility can also be a factor in the quality of employees that are willing to work for you.

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