Vending Machine Business – Passive Income and Recession-proof

Vending business

Vending business is an automated business system with the use of vending machines.

Vending machines offer vast product lines to provide, mainly food and beverages, such as snacks, canned sodas, candies, etc. Other type of products can include: newspapers, public transportation tickets, and even iPod.

I keen on vending business due to the inherited passive income capability. Moreover, with its premise of “convenience – anywhere, anytime,” vending business is recession-proof, because it answers people’s need for convenience.

Any experience in running a vending business? Please share by commenting on this post. 

 

Leveraging success

Success can mean anything – more time with the family, working whenever and wherever you want, etc. – but the most common measurement of success is – surprise, surprise – money.

Having ‘excess’ money means more opportunities – either to spend it lavishly or invest it. I prefer the latter, and I hope you do, too.

Leveraging your success – in this case – your money, is crucial in your path to financial freedom. You have to find ‘vehicles’ to make your money work hard for you, not the other way around.

One way to do it, is to owning businesses that don’t require you to actively involved in them, producing passive income streams for you.

The ideal passive income small business opportunity

Almost all type of business can be turned into passive income businesses, but there are certain types of business that, by nature, allow you to practice passive management and to earn passive income.

My take on passive income businesses are: all things automatic, such as automatic car wash, and coin-operated businesses, such as laundromats, phone booths, and vending business.

Of all, I keen on vending business.

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