Automatic Merchandiser - 11

need box vans. Instead of leaving your
trucks sitting in the parking lot, you
could put them to work and keep an
employee at the same time.
Alternately, you could start up a
small, local moving service with your
vans. If your vans are logoed up, you'll
get additional advertising as your
trucks and vans are riding around
town. Lots of people are moving from
apartments to homes while interest rates are low and they need more
room to work from home. You most
likely already have moving dollies and
extra route trucks.
Rent out equipment: You
might consider renting out
more touchless ice makers and water
dispensers. This can be an easy sale
if the customer still has the reach-in
type of ice machine instead of an ice
dispenser. A customer in Colorado
told me he was replacing competitors'

4.

old-fashioned ice makers with cup dispenser ice machines. He said it was an
easy sell. Also, you can subsequently
charge them an ongoing cleaning and
filter change fee, which will be a recurring revenue source for you.
Expand your service offerings: You might start an office
sanitization business - and sell it to
your existing customers - and even a
cleaning service. This would give your
clients one vendor to deal with and
could bring in recurring business.

5.

HOW TO GET STARTED

It is easy to set up a separate limited
liability company (LLC) for a side
business. Some states allow you to do
this process yourself, and without a
lawyer. Obviously, you should discuss
your options with your accountants,
lawyers and insurance providers to
make sure you have things covered

correctly. Sometimes it can be as
easy as running a "doing business as"
(DBA) under your current LLC or
company. Keeping things separate
makes it easier if you want to divest
the new or old company without it
being a cloudy mess on paper.
Sitting and waiting for the "normalcy" to return could cost you a lot
more than thinking about new ways to
use what you currently have. Thinking
outside of the box may help you make
money outside of this industry.■
About the author
Mike Ferguson is a 32-plusyear veteran of the convenience services industry.
He is an ex-owner/operator
turned intermediary business broker to vending and
office coffee service companies looking to
sell their business. Ferguson can be reached
at Mike@VMACsolutions.com or (713) 5696463 and is online at VMACsolutions.com

September 2020 * VendingMarketWatch.com

11


http://www.VMACsolutions.com http://www.LittleDebbieVending.com http://www.VendingMarketWatch.com

Automatic Merchandiser

Table of Contents for the Digital Edition of Automatic Merchandiser

Editor's Note: Looking Back to Look Forward
Industry News
OCS Update: Five Ways to Survive
Stirring It Up
Snack Attack
2019: A New High for OCS
Social Hubs
Dependable Vending: More Than Just a Name
Classifieds
Automatic Merchandiser - 1
Automatic Merchandiser - 2
Automatic Merchandiser - 3
Automatic Merchandiser - 4
Automatic Merchandiser - 5
Automatic Merchandiser - Editor's Note: Looking Back to Look Forward
Automatic Merchandiser - 7
Automatic Merchandiser - Industry News
Automatic Merchandiser - 9
Automatic Merchandiser - OCS Update: Five Ways to Survive
Automatic Merchandiser - 11
Automatic Merchandiser - Stirring It Up
Automatic Merchandiser - 13
Automatic Merchandiser - 14
Automatic Merchandiser - 15
Automatic Merchandiser - Snack Attack
Automatic Merchandiser - 17
Automatic Merchandiser - 18
Automatic Merchandiser - 19
Automatic Merchandiser - 2019: A New High for OCS
Automatic Merchandiser - 21
Automatic Merchandiser - 22
Automatic Merchandiser - 23
Automatic Merchandiser - 24
Automatic Merchandiser - 25
Automatic Merchandiser - 26
Automatic Merchandiser - Social Hubs
Automatic Merchandiser - Dependable Vending: More Than Just a Name
Automatic Merchandiser - 29
Automatic Merchandiser - 30
Automatic Merchandiser - 31
Automatic Merchandiser - 32
Automatic Merchandiser - 33
Automatic Merchandiser - 34
Automatic Merchandiser - 35
Automatic Merchandiser - 36
Automatic Merchandiser - Classifieds
Automatic Merchandiser - 38
Automatic Merchandiser - 39
Automatic Merchandiser - 40
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https://www.nxtbook.com/endeavor/automaticmerchandiser/august2021
https://www.nxtbook.com/endeavor/automaticmerchandiser/automatic_merchandiser_june-july_2021
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https://www.nxtbook.com/endeavor/automaticmerchandiser/AUTM_1020
https://www.nxtbook.com/endeavor/automaticmerchandiser/september2020
https://www.nxtbook.com/endeavor/automaticmerchandiser/august2020
https://www.nxtbook.com/endeavor/automaticmerchandiser/junejuly2020
https://www.nxtbook.com/endeavor/automaticmerchandiser/april2020
https://www.nxtbook.com/endeavor/automaticmerchandiser/Automatic_Merchandiser_February-March_2020
https://www.nxtbook.com/endeavor/automaticmerchandiser/december2019
https://www.nxtbook.com/endeavor/automaticmerchandiser/octobernovember2019
https://www.nxtbook.com/endeavor/automaticmerchandiser/september2019
https://www.nxtbook.com/endeavor/automaticmerchandiser/august2019
https://www.nxtbook.com/endeavor/automaticmerchandiser/junejuly2019
https://www.nxtbook.com/endeavor/automaticmerchandiser/april2019
https://www.nxtbook.com/endeavor/automaticmerchandiser/februarymarch2019
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