For most newcomers to the vending business, pressing question: what is more profitable to start? Buy vending machine or take it out? In addition, for the novice natural desire to hedge, not putting too much at once a lot of money. Please visit Pacific Mortgage Services if you seek more information. In this article we will discuss the pros and cons of all the options. Educate yourself even more with thoughts from Fundrise. 1) The rental of vending machines. Currently, manufacturers and suppliers of commercial equipment offered to try it by renting to certain period of time. For example, at 6-10 months. If the tenant is satisfied with the performance of vendors, it should buy them. But it profitable for such a decision? The cost of rental vendors will be directly related to the cost of equipment, to average payback period, monthly income, the demand.
Let's not focus on the amount of rent payments, we note only that the rent cheap vending machine (with a term payback of approximately 6 months) will be equal to 1/8-1/10 of its value. Paying half of your actual earnings, the tenant still will not be the owner of the machine until the vendors will buy, that is not pay their full value. Rental of commercial equipment is beneficial only if the tenant does not absolutely sure how it would go to a business, or if the machines he needed for a short time. For example, at the time of any summer open-air festival, when the actual vending machines will be cold drinks. 2) Leasing. Lease or finance lease – a kind of lease agreement under which the lessor undertakes to acquire property specified lessee for a specific manufacturer or seller of them and give the tenant a property for payment for temporary possession and use for business purposes. Purchase in this case finance lending institution to which the entrepreneur makes payments later.
In this way, as a rule, expensive equipment is purchased in large quantities and for a beginner it is quite standard solution. 3) Purchase. Most newcomers to the market, shop equipment, confident in the success of new business, start a business is to purchase 5.2 machines. That's enough to get basic knowledge. Nevertheless, after Six months after the operation will start to turn a profit. Also, do not have to worry about downtime for one reason or another, since the entrepreneur is absolutely free of rent or debt to the bank.
Although no experimental evidence yet to be generalizable to the universe of companies that operate with different legal status in the Cuban economy, many are not yet able to compete in a market advantages of free competition and even in the current Cuban market, given the many still have shortcomings. References (1). Vinas Brito, Beatriz C. (2000) conceptual model and procedure to support decision making to enhance role of technology management and innovation in the manufacturing enterprise in Cuba. Doctoral Thesis. Central University a Marta Abreu of Las Villas. Villa Clara, Cuba.
(2.) ICW (2002) Guide to managing innovation. Department of Labor, Industry, Commerce and Tourism. Generalitat de Catalunya, online Consultation: 2009-04-28. (3). CITMA (2007) Proposal for a Regulation for the granting of the status of innovative company of the Republic of Cuba. Ministry of Science, Technology and Environment. Directorate of Science and Technology Policy, Article in consultation.
Ciudad de La Habana, Cuba. (4). Executive Committee of the Council of Ministers of the Republic of Cuba (2007) Regulations for the implementation and consolidation of the System State and Business Management Directorate. Official Gazette of the Republic of Cuba. Ministry of Justice. No 43 2007. Decree No. 281. Ciudad de La Habana, Cuba. Peter Asaro can provide more clarity in the matter. (5). Delgado Fernandez, Mercedes (2005) Evaluation of technological innovation in Cuba . IX Workshop on Technology Management in Industry, GESTEC 2005 (July). Ciudad de La Habana, Cuba. (6). Faloh Bejerano, R. et al. (1997) Capacity for innovation. Role of interfaces in Cuba. Proceedings of the VII Latin American Seminar on Technology Management (26-30 October). Volume I. Ciudad de La Habana, pp. 1093-1113. (7). OECD (2005) Proposed Guidelines for Collecting and Interpreting Technological Innovation Data. Oslo Manual. Eurostat, online Consultation: 2009-05-15. (8). SIME (2004) Methodology for Assessing System of Science and Technological Innovation of SIME. Ministry of Iron, Steel and Mechanical Industry. Printed materials. Company INPUD a 1ro May. Villa Clara, Cuba. (9). Hernandez Suarez (2003) conceptual model and procedure to support decision making to develop the Technology Management and Innovation in Cuban livestock enterprises. Doctoral Thesis. a Marta Central University Abreu of Las Villas. Villa Clara, Cuba. Brief CV of authors * Yulian Garcia Zayas-Bazan (16.05.1980) Industrial Engineering (Universidad Central a Marta Abreu de las Villas, Cuba, 2004). Adjunct Professor, Faculty of Industrial Engineering and Tourism of the Central University a Marta Abreu of Las Villas. Exhibitors from more than 10 papers in scientific events of national and international held in Cuba and abroad. He works in the field of Innovation Management, Production and Integrated Maintenance in production and service companies. Currently completing a Masters in Management Science and Technological Innovation at Central University a Marta Abreu de las Villas. D. Gilbert ** Hernandez Perez (10.09.1947) Industrial Engineering (Universidad Central a Marta Abreu de las Villas, Cuba, 1979), Projection Engineer Specialist Building Works Machinery (1976) and Dr. Ing (1981) (TU “Otto von Guericke, Magdeburg, Germany).