I need help writing my business plan. I have my business prepared which will be provided in the attachments and I also have the guidlines and the amount of pages.
I plan to start a business in the vending machine business. As I have expanded my research on the vending machine business, a lot of people have become very creative with the concept of vending machines. People have created hair, pizza, entertainment, office supplies and even essential vending machines. In China, local companies have even installed crabs into a vending machine for customers wanting live crabs for their enjoyment.
Throughout the years, the need for fast food or fast snacking has been in demand. Therefore, I have decided that I would like to open a food and beverage vending machine that will be in Melbourne, FL at a soccer field recreation facility. I will start off with one vending machine as this will be my first experience and expand to multiple machines in multiple areas. By choosing this area as my first location, I will be able to see the foot traffic and what people are preferring over other products. I chose this area because this is a busy area which means more of an opportunity for a lot of kids who are active to draw their attention to my vending machine for a quick snack. What drew my attention to this area is that I noticed all the kids will walk across the street to go to the gas station to get a few snacks. With my vending machine, I think it would be a more of a convenience and allow the consumers to be more willing to get a snack or drink from my vending machine instead of walking across the street to the gas station. My vending business will be called “Snack and Go Vending” and will be starting off as an LLC for the form of the business ownership. I think this is the best route to go in the beginning because an LLC provides a legal and financial protection. An LLC also provides a flexibility ownership and taxation options that will benefit me. I do not have any experience as to how to manage a vending machine so I will be learning as I go and researching as much information as I can. I feel like this business will expand my knowledge on owning a business and will allow myself to expand into a vending corporation.