What else would you look for as an investor? This business provides you with high profit margins and greater return on investment. High return on investment: The main purpose of any investment is to make money.As your machine takes care of sales, you need not worry about their supervision, training or motivation. Flexible working hours: Another amazing benefit is that regardless of what you do during the day, your machine works for you 24/7.Complete cash business: This is an all cash business which means that there is no scope for bad debts and collection issues.One of the main benefits of vending business is that your cash flow starts from day one. Instant cash flow: This is one of the few businesses that generate revenue right form the moment you place your machine.Now let us look at some of these benefits: What makes this business so popular among the entrepreneurs? The answer is quite simple- “Benefits of vending business”. More and more number of young and enthusiastic entrepreneurs are taking up this business with a view to make huge profits. In the past few years, there has been tremendous increase in demand for vending machines. Trust in vending machine company that is there since years. Do not buy old/ refurbished vending machines.ĭo not let yourself become a victim of vending machine scam. If you are new to this profession, start on a small scale with few machines and gradually expand over a period of time. Never get mislead by fraudsters and invest huge money.Or ask the vending company to provide few numbers of operators in your area. Maybe some friend in vending industry can help you with that. Wherever possible, try to take expert guidance.Sometimes it is stated that machines are bought at sole discretion of buyer. Read small print mentioned below their ads.How can you avoid such scams? Here are some tips by Planet Antares Operators to avoid such scams. You might have come across a lot of hoardings or advertisements stating that you can make easy money with almost little or zero efforts. Such companies mostly sell refurbished vending machines after repairing them a bit. Some of these companies misguide newbie’s by their false commitments and promises and somehow convince them to purchase wrong kind of machines. Planet Antares Scam alert mentions that not all vending machine companies are honest. No doubt once set up on the right track, vending generates good revenues but initially just like any other business, vending machine business also requires a lot of hard work and planning for its success. Never be under the impression that vending is a source of making easy money. WE DO NOT RECOMMEND BUYING PLANET ANTARES PRODUCTS There are also number of online websites and communities that have highlighted the cons of Planet Antares Inc. This could be a reason of failed business or faulty machines. One may find newly bought Planet Antares vending machines on resale at various online shops. This can result in loosing vending business contracts.
Moreover, the vending machines have been reported to fail in initial few months of installation. If we browse internet we can find many operators complaining about poor technical support provided by the company. They are procured at cheap prices from Asia and are sold off in the west for exorbitant prices. The irony is that the vending machine by Planet Antares is not actually manufactured by them. They are known to conduct seminars – popularly known as Financial Freedom Conferences or Wealth Builder Conferences to attract entrepreneurs to start up vending business by investing in Planet Antares vending machines. Over the period of time, Planet Antares has spread its sales network across many states. They were found guilty of luring people into vending machine business by misrepresenting the business potential. The company, earlier by name of Antares Corporation, was charged and fined for wrongly representing the potential of vending business.
If you know a little about Planet Antares, then you must be aware of One Million Dollar penalty on the company by Federal Trade Commission.
With passage of time and coming up on new technology, the company has lost its lusture as they have sticked to old and out dated vending machine technology. The company has a long history of getting involved in one or the other issues. Planet Antares Inc headed by Mr Dana Bashor is engaged in manufacturing vending machines and are selling them across United States and Canada.