EP 11: What Not To Do In Your Vending Business Artwork

Common Sense Millionaire

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Common Sense Millionaire

EP 11: What Not To Do In Your Vending Business

February 21, 2023 • George Dines • Season 1 • Episode 10

Ever dreamt of running a successful vending business but find yourself at a loss on where to start? In this episode, I'll walk you through the paramount step of identifying highly sought-after products, and teach you to resist the temptation of vending items with low demand. I'll also discuss how cheating on money transactions can do you more harm than good, considering vending machines leave a clear transaction trail that can lead you to IRS trouble if discrepancies arise. Dodging sales tax isn't worth the legal nightmare you might find yourself in.

We've all heard tales of the fearsome IRS audits, right? Well, meticulous record-keeping is your protective armor against unwarranted suspicion and intrusive audits. So, what are you waiting for? Subscribe and let's journey towards monetary prosperity and security.

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