Operating Lease On Planet Antares Vending Equipment

Not only can operating leases provide increased ROA but also reduce the operator’s risk by enhancing flexibility in allocating assets to the highest revenue generating location. Leasing planet Antares vending equipment is no different than trucks, automobiles and copy machines.
Some of the benefits accrued by operating leases are given below:

• Matches the revenue stream of a contract with the lease cost of equipment.
• Reduces the fixed cost of a purchase with the flexibility of a lease.
• Allows capital to be used for other strategic requirements.
• Prevent equipment obsolescence.

Vending machine manufacturers have introduced more new products and features for vending machines in the last few years. These product improvements are difficult for Planet Antares vending operator to exploit as the acquisition of the new equipment increases their fixed costs as well as presents the problem of disposal of old and obsolete equipment.

Commonly, there are several things that can happen in order to improve the ROA and cash flow. These include:

1) Increasing profitability
2) reduction of investment base

Planet Antares vending operators can increase the ROA through operating leases and obtain a better balance between fixed and variable costs. Operating leases provide the operator with the flexibility of cutting down on fixed costs by making the equipment a variable cost and deleting the investment from the balance sheet.

You can also decide to lease the vending machines for a period of time, ranging from one to five years. At the expiry of the lease period, the operator can re-lease the equipment, return it and upgrade to a newer machine or even purchase it at the market fair value.

Greater Profits With Planet Antares Vending Products

Vending machines themselves can hardly make customers happy. You will need to make sure that you place them at good locations, stock quality products and do regular servicing of machines. Still, it is not tough to make money from vending machine business. Almost every company must keep vending machines in their premises to improve employee satisfaction and cut down on the time spent away from work.

By choosing a reliable vending machine from a reputed vending machine provider such as Planet Antares Corporation, you can get considerable benefits from vending business. However, there’s more to success in vending than just buying a vending machine.

Some of the factors that can help you earn easy profits through vending machines are:

a. In order to meet customer requirements, your vending machines need to be well stocked. It is best to purchase products from a reliable vending company like Planet Antares or bulk supplier. This enables you to price your products reasonably and enhance sales.

b. Check the prices charged by the competitors and then fix prices for your own products. However, you must be able to recover your costs and earn a reasonable profit in the process.

c. A regular schedule needs to be set for refilling the vending machines. This includes restocking of best seller products and replacement of outdated or low-performing items. A variety of products are needed to keep customer happy and enable larger orders than a single product range.

d. A vending machine that doesn’t work properly when a customer is waiting for his order will have a bad influence on your business sales and reputation. You should keep your machines in proper condition and ensure that technical service is available as and when required.

e. Customer satisfaction is the key to success in your Planet Antares vending business. You must analyze customer feedback and preferences to choose the products stocked in your vending machines. This enables you to build a brand image and targeting new customers as well.

How To Mend A Planet Antares Vending Machine

The vending business is not just about restocking vending machines and collecting cash from them. As a vending business owner, you need to ensure that the equipment is always in top condition so that there is minimum possible probability of downtime. It is important to have some basic knowledge about servicing your vending machine as you never know when you will have to take care of malfunctions in the machines.

Some of the things that you need to consider about Planet Antares vending machine repair include:

• A simple way to control malfunctions in your Planet Antares vending machines is to have a technician monitor them at all times. If you are running a vending business along with a regular job, it will be quite difficult for you to service and repair all your vending machines on a regular basis. Under such circumstances, it will be much more logical to hire someone for these functions.

• If you plan to rent vending machines in your business, make sure that the vending operator is practicing preventive maintenance on the vending machines.

• Repairing mechanical vending machines like those provided by Planet Antares Inc are not tough to repair. When you become a vending operator, it is essential to know the most basic repairs that can be done with just a screwdriver. This implies that you don’t have to call a repair man each time you need some work to be done on the vending machines. A technician need not be required for getting a stuck product out of the vending machine. All you need to do is to open the door of the Planet Antares vending machine and move the candy out of the way. By doing such repairs on your won, you will be able to save a lot of money.

• In case of major breakdowns, you must call in the professionals. There are mechanical problems that you simply can’t deal with on your own. Once the machine problem has been diagnosed, a mechanic will come and repair it on site. Some repairs may not be possible to carry out on the location and involve heavy machinery. In that case, the vending machine will have to be hauled to the mechanics shop.

The only thing that can save your vending equipment from breaking down is preventive maintenance. This is something that you need to do on a regular basis so that you don’t end up losing business or customers.

Market Value Of Vending Machine Companies

It has become essential to assign a market value to a vending business by most vending operators during the recent economic period. The purpose is to present a practical and theoretically sound method of helping potential buyers realistically value a vending business.

Earning versus asset valuation
The earning method uses the value of a vending company by looking at the potential cash flows. Risks are associated with those cash flows. This method is one that can be used to analyze a profitable Planet Antares vending company. Such a business is one in which sufficient profits and positive cash flows will be generated in the long term.

In case of both the earnings method and the asset method, there is need for collection of pertinent financial information and making necessary assumptions in order to arrive at a reasonably accurate value of your vending business.

Evaluate all kinds of assets
There are three different categories under the asset method which are used to determine value. The first category is operating assets. These are items that are required and necessary for your Planet Antares vending company to conduct its normal business activities. They will include machinery, equipment, trucks, inventory, land and building.

Non operating assets are included in the second category. These are vital for the Planet Antares business to continue. Items may include excess working capital, excess cash, luxury automobiles, stocks, artwork and bonds.

The final category includes intangible assets. These would include reputation, quality of products, services and other components that are usually referred to as “goodwill”.

Assets condition
The more modern and well maintained the assets are, the more a prospective buyer is willing to pay for the assets. In most selling transactions, both accounts receivable and accounts payable remain the responsibility of the selling organization.

Several assumptions can be made while valuing the operating assets of your Planet Antares vending business. Basically, a company’s value depends on the worth of its operating assets. Moreover, the company has developed unpredictable cash flows and earnings history. Lastly, the prospects that the company will continue with its operations are poor.

How To Save Fuel In Your Vending Machine Operations

A long standing problem for vending operators has been the high fuel costs. It seems that each and every time, there is a hike in the cost of fuel. Usually, a vehicle is used for vending operations in order to transport products from the base to the locations. If you have a home-based vending business, it will be your own vehicle and if not, then it will be a vending truck.

It is common for sizeable vending business companies to hie a vending route driver. As a Planet Antares vending operator, you must realize that he can easily waste the fuel of a vending truck by using it for personal errands. This will result in extra costs for your vending business. If the vehicle used is not maintained properly, it can increase your fuel usage. That’s why you need to look for ways to save fuel and eliminate unnecessary wastage.

You need to be aware that technology offers many new ways to save fuel but these are long term solutions that don’t have any impact in the short term. Another problem is that technology requires upfront investment before you can see any results.

Certain operators have added the sattelite-based fleet monitoring to their vending operations. It is also known as Global Positioning System (GPS). It can help in improving operating efficiencies and employee accountability. Fuel can be saved by using this technology in three ways:

1) you will know about any unauthorized use of the vehicle
2) it becomes easier to determine more efficient routing
3) you can monitor the speed of drivers

A long term solution can be to convert to alternative fuels for your Planet Antares vending operations. As compared to deisel or gasoline, propane is less expensive. Apart from this, there are many other options that you can use to cut down on the amount of money spent on fuel. While searching for a fuel alternative, you need to keep the performance differences in mind.

Here are a few tips that can be used by route drivers to save fuel:
1) tires must be properly inflated to induce fuel economy.
2) it’s best to drive at a steady pace and avoid speed-ips, slowdowns and stops unnecessarily.
3) adjust your schedule to perform maintenance checks.
4) when you get delayed for some time, turn off the ignition to avoid lengthy engine idling.