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Vending Machine Business Plan Template

Written by Dave Lavinsky

Growthink.com Vending Machine Business Plan Template

Over the past 20+ years, we have helped over 3,000 entrepreneurs and business owners create business plans to start and grow their vending machine businesses. On this page, we will first give you some background information with regards to the importance of business planning. We will then go through a vending machine business plan template step-by-step so you can create your plan today.

Download our Ultimate Vending Machine Business Plan Template here >

What Is a Business Plan?

A business plan provides a snapshot of your vending machine as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategy for reaching them. It also includes market research to support your plans.

Why You Need a Business Plan

University Vending Machine

Source of Funding for Vending Machines

With regards to funding, the main sources of funding for a vending machine business are personal savings, credit cards, bank loans and angel investors. With regards to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to confirm that your financials are reasonable. But they will want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business.

The second most common form of funding for a vending machine business is angel investors. Angel investors are wealthy individuals who will write you a check. They will either take equity in return for their funding, or, like a bank, they will give you a loan. Venture capitalists will not fund a vending machine business.

Finish Your Business Plan Today!

Your business plan should include 10 sections as follows:

Executive Summary

Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.

The goal of your Executive Summary is to quickly engage the reader. Explain to them the type of vending machine business you are operating and the status; for example, are you a startup, do you have a vending machine business that you would like to grow, or are you operating a chain of vending machine businesses.

Next, provide an overview of each of the subsequent sections of your plan. For example, give a brief overview of the vending machine industry. Discuss the type of vending machine business you are operating. Detail your direct competitors. Give an overview of your target customers. Provide a snapshot of your marketing plan. Identify the key members of your team. And offer an overview of your financial plan.

Company Analysis

Vending Items

For example, you might operate one of the following types:

  • Food and snacks : this type of vending machine business typically offers pre-packaged snacks such as chips, cookies, etc., as well as perishable products such as sandwiches, ice cream, and fruit
  • Beverages : this type of vending machine can be for hot drinks (coffee, cocoa), or cold (soft drinks, water)
  • Candy : this type of vending machine is stocked exclusively with candy and gum
  • Other products : this could be healthy food options (granola, fruit, hummus, etc.), or consumer products such as electronics, movies, condoms, souvenirs, etc.

In addition to explaining the type of vending machine you operate, the Company Analysis section of your business plan needs to provide background on the business.

Include answers to question such as:

  • When and why did you start the business?
  • What milestones have you achieved to date? Milestones could include sales goals you’ve reached, new machine locations, etc.
  • Your legal structure. Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

Industry Analysis

In your industry analysis, you need to provide an overview of the vending machine business.

While this may seem unnecessary, it serves multiple purposes.

First, researching the vending machine industry educates you. It helps you understand the market in which you are operating.

Secondly, market research can improve your strategy particularly if your research identifies market trends. For example, if there was a trend towards selling advertising on vending machines, it would be helpful to ensure your plan calls for varying ad types and sizes.

The third reason for market research is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

The following questions should be answered in the industry analysis section of your vending machine business plan:

  • How big is the vending machine business (in dollars)?
  • Is the market declining or increasing?
  • Who are the key competitors in the market?
  • Who are the key suppliers in the market?
  • What trends are affecting the industry?
  • What is the industry’s growth forecast over the next 5 – 10 years?
  • What is the relevant market size? That is, how big is the potential market for your vending machine. You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

Customer Analysis

Vending Machine Gatorade

The following are examples of customer segments: hotels, office buildings, correctional facilities, etc.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of vending machine you operate. Clearly correctional facilities would want different pricing and product options, and would respond to different marketing promotions than office buildings.

Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, include a discussion of the ages, genders, locations and income levels of the customers you seek to serve (both the end customers (who purchase items in your vending machines) and the decision-makers (who approve your desire to place a vending machine in their facility).

Psychographic profiles explain the wants and needs of your target customers. The more you can understand and define these needs, the better you will do in attracting and retaining your customers.

Finish Your Vending Machine Business Plan in 1 Day!

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With Growthink’s Ultimate Vending Machine Business Plan Template you can finish your plan in just 8 hours or less!

Competitive Analysis

Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are other vending machines.

Indirect competitors are other options that customers have to purchase from you that aren’t direct competitors. This includes convenience stores, grocery stores, pharmacies and restaurants that offer quick food. You need to mention such competition to show you understand that not everyone who purchases convenience items uses a vending machine every day.

With regards to direct competition, you want to detail the other vending machine businesses with which you compete. Most likely, your direct competitors will be vending machines located very close to your location.

For each such competitor, provide an overview of their businesses and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as:

  • What types of customers do they serve?
  • What products do they offer?
  • What is their pricing (premium, low, etc.)?
  • What are they good at?
  • What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

  • Will you provide superior products?
  • Will you provide products that your competitors don’t offer?
  • Will you make it easier or faster for customers to purchase your products?
  • Will you provide better customer service?
  • Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.

Marketing Plan

Vending Machine Missing Items

Product : in the product section you should reiterate the type of vending machine business that you documented in your Company Analysis. Then, detail the specific products you will be offering. For example, in addition to snack machines, will you offer machines that sell items such as coffee or other consumer products?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your marketing plan, you are presenting the items you offer and their prices.

Place : Place refers to the location of your vending machine. Document your location and mention how the location will impact your success. For example, is your vending machine located inside a heavily trafficked office building, or gym, etc. Discuss how your location might provide a steady stream of customers.

Promotions : the final part of your vending machine marketing plan is the promotions section. Here you will document how you will drive customers to your location(s). The following are some promotional methods you might consider:

  • Making your vending machine clean and visually appealing to attract passing customers
  • Focusing on machine design and technology for a better user experience
  • Placing vending machines in strategic locations

Operations Plan

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your vending machine such as procuring products, delivering and restocking, keeping the machines clean, etc.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to place your 10th machine, or when you hope to reach $X in sales. It could also be when you expect to hire your Xth employee or launch a new location.

Management Team

Electronics Vending Planning

Ideally you and/or your team members have direct experience in the vending machine business. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act like mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in vending machines and/or successfully running retail and small businesses.

Financial Plan

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet and cash flow statements.

Income Statement : an income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenues and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, will you serve 50 customers per day or 100? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets : While balance sheets include much information, to simplify them to the key items you need to know about, balance sheets show your assets and liabilities. For instance, if you spend $100,000 on building out your vending machine business, that will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a bank writes you a check for $100.000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement : Your cash flow statement will help determine how much money you need to start or grow your business, and make sure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.

In developing your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a vending machine:

  • Cost of equipment like vending machines, refrigerated delivery trucks, etc.
  • Cost of maintaining an adequate amount of inventory
  • Payroll or salaries paid to staff
  • Business insurance
  • Taxes and permits
  • Legal expenses

Vending Machine Candy

Vending Machine Business Plan Summary

Putting together a business plan for your vending machine business is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will really understand the vending machine business, your competition and your customers. You will have developed a marketing plan and will really understand what it takes to launch and grow a successful vending machine business.

Download Our Vending Machine Business Plan PDF

You can download our vending machine business plan PDF here . This is a business plan template you can use in PDF format.

Vending Machine Business Plan FAQs

What is the easiest way to complete my vending machine business plan.

Growthink's Ultimate Vending Machine Business Plan Template allows you to quickly and easily complete your Vending Machine Business Plan.

Where Can I Download a Vending Machine Business Plan PDF?

You can download our vending machine business plan PDF template here . This is a business plan template you can use in PDF format.

Don’t you wish there was a faster, easier way to finish your Vending Machine business plan?

OR, Let Us Develop Your Plan For You

Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.   Click here to see how a Growthink business plan consultant can create your business plan for you.

Other Helpful Business Plan Articles & Templates

Business Plan Template & Guide for Small Businesses

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Finance | Business | Empowering Women To Learn, Earn & Be Financially-Independent

How to Start a Piso WiFi Business: Everything You Need To Know

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By Rhea Trillanes

I’m sure you’ve seen those little machines with tiny blinking lights and metal coin slots. A large number has been around the Metro and it has also been gaining demand in the provinces in the past years. While you’re wondering how much they earn to be that popular, you’re next question could be: How do I start my own piso WiFi business?

So in this article, we’ll answer the following:

  • Steps on how to start a Piso WiFi Business in the Philippines

Does Piso Wifi need business permit?

  • Survey Questionnaire about Piso WiFi Business

Best internet plan for Piso WiFi

  • How to Price a Piso WiFi Business

Piso Wifi Business Supplier

  • How much can you earn
  • How to effectively market one

A Piso WiFi Business is a Passive Income Stream

I’m a huge fan of passive income. I mean, who isn’t? 

If you have secured investments or own property rentals, good for you! Those are some solid sources of passive income. While most of us do not have those kinds of investments (yet), we can explore the opportunities of earning some extra cash from a WiFi vending business. 

Why a Piso Wifi Business? For a number of reasons, setting up this kind of business is a perfect venture for individuals who do not have the time but have enough money for a small business. For people who do not have enough capital, there are other ways to fund the venture.

We will get to how to start a piso Wifi business after looking into a few key factors.

Piso Wifi goals and objectives

If you are yet to succeed in navigating the job arena in the Philippines or have a full-time gig but still want side income for future travels, life insurance or emergency funds , this is a read for you.

Does setting up a piso WiFi vending machine benefit people other than you? Of course, it does. 

Did you know that more than three-quarters of the Filipino population use the internet, but only 43% have access to a secured and reliable internet connection? 

In the Philippines, a monthly internet subscription can easily go over thousands of pesos. A lot of households do not have the financial capacity to squeeze it into their budget. Piso WiFi vending machines provide internet access to the masses. 

The goal is to set up a source of income for entrepreneurs who have an eye for great locations and for those who have limited choices in business ventures because of other commitments. (*Ahem, insert full-time moms here).

Before Starting on How to Start a Piso WiFi Business

Now that we have established the need for the internet and the gap in that need in the Philippines, you should do market research. All vending businesses, in general, are heavily reliant on the machine’s location. 

Before we start on how to start a piso WiFi business in the Philippines, let me expound on one critical ingredient to its success: LOCATION.

Location is the Key for the Piso Wifi Business

Some businesses can attract customers from far and wide due to their specialty products like ramen businesses or shoe warehouses. For a WiFi vending machine, unless you’re in an absolutely remote location with no other competitors in sight, it will never happen.

The best places would be restaurants, laundry shops, apartments, locations near a school, or a generally highly populated community.

Take into account the buying power of the neighborhood. Most middle-class earners have the capacity to subscribe to a monthly internet connection and won’t need a Piso Wifi machine.

One pro tip is to also consider foot traffic . If you have more vehicles going around than people walking in the streets, consider other locations. 

While market research is a big word, it can be as simple as asking around. It would be much help, though, to do surveys so you can validate your research with numbers. 

Sample of Survey Questionnaire about Piso WiFi Business

The scope of the survey just needs to cover your immediate local community. Again, unless there is no competitor in the area, limit the study to your street, block, or purok . 

Here are some same survey questions to include:

  • Do you have an internet subscription?
  • If yes, is it in your home or on a personal device (smartphone)?
  • How old are you?
  • What activities do you usually do on the internet? 
  • How many days do you use the internet in a week?
  • How many hours do you spend on the internet in a day?
  • What time of the day do you usually use internet access?

Now that I’ve laid down my case on the importance of location,  the next question would be how to start a piso WiFi business.

How to Start a Piso WiFi Business in the Philippines

There are two simple steps on how to start a Piso Wifi Business. First, secure all the requirements needed, and second, kick off the business.

1. Piso WiFi business requirements: What you need to prepare 

As much as I want to answer this question with a yes or no, the answer is a big “it depends”. It depends on your annual gross income and location.

If we will base it on the income it generates, the rule that applies to a sari-sari store and other marginal income-earner businesses should apply as well. If your annual gross income does not exceed Php 100,000 or Php 8,333.33 per month, you don’t have to register or pay taxes.

While some barangays do not mind letting small businesses operate as is, there are some that might require businesses to register regardless of size. Be sure to ask your locale’s policy on this early on to avoid inconveniences later.

Another thing to consider is also if the machine is placed as an add-on service on an already existing business like a restaurant or laundromat. In this case, there is clearly no need to register it separately.

Stable and Secure Wifi Connection

Since you will be selling access to the internet, it’s crucial that you have a stable and secure internet connection. If you have an existing one, you can use that. 

Some would recommend upgrading to a business line or higher Mbps from the get-go, but I say as long as it meets the required speed, go with the existing plan first. You can test the speed yourself or ask customers if they experience any lags before you get an upgrade. The required speed is at 5mbps but most recommend 15mbps.

It only takes a steady flow of 100kbps for internet surfing, social media use, and seamless play for most online games but heavy usage like video streaming can use up to 3mbps. Do take note of this when choosing a plan. 

There are not a lot of internet providers that have both speed and real unlimited offers in the Philippines. Closely inspect small prints for internet plans that offer unlimited internet connection but indicate daily or monthly data cappings . Steer away from those.

Their plans start at 1,500 for up to 100Mbps internet speed. The installation fee is currently at 2,500 pesos and is subject to a 2-year lock-in period. 

There is no monthly data capping but among the three named alternatives in our list, have the most limited area coverage being only available to manila and nearby cities.

This cable TV provider has lite plans that have monthly capping, so be sure to choose unlimited fiber plans that start at 999 pesos for up to 20 Mbps. 

There will be an initial cash out for 1,799 pesos upon installation and additional fees for their premium plans. In addition to Manila and nearby areas, they are also available in Cebu and Davao. You can get a cable bundle with your internet line.

Among those on our list, PLDT has the highest location coverage although it is in the higher starting price range. Fiber plans start at 1,699 for up to 100mbps with no capping. 

It comes with a landline bundle. Installation charges vary greatly depending on location so it’s best to talk to your local agent. 

Local Internet Provider

If you are in a remote locale, chances are, these three companies are will not be an option for you. Ask around for local internet companies to find one that can cover your area. 

Be informed of their plan inclusions so you can be clear on expectations. One upside on this is that they are easier to reach in case of connection problems.

Power Source

This requirement is as simple as it sounds. Until someone invents an alternative source that can produce a steady flow of power or store it effectively in the Philippines, this will be electricity.

Piso Wifi Vending Machine

There are tons of packages to choose from, but I chose mine with three things in mind: Cost, quality, and after-sales. 

The machine itself can cost anywhere from Php 8,000 to Php 30,000 depending on the model and additional installations. Be sure to ask about the range of the WiFi and user limit, if any. Ask for a warranty and keep the vendor’s contact number.

Enough Space for Customers

Some piso WiFi vending owners can get away by using a narrow sidewalk or a plant box as space for their customers but this is unsafe and inappropriate. It’ll be wise to set up a more suitable place for internet users to stay.

The cost can range from a few hundred for simple wooden stools to a few thousand for a roof and some sturdy benches. The sitting area for Centro WiFi Zone cost me a little over 4,000 pesos for labor and materials. 

Security Precautions

A cage is usually offered in addition to the machine for better security. I had one installed for mine and didn’t expect it to be useful in the first week. Somebody tried to knock my machine off the wall, luckily it was sturdy and the tanods took the person to the barangay promptly. We also installed additional solar lights and planning to add a cctv later on for the customer’s safety as well. 

2. Get Started

Once you have completed all the requirements, it’s mostly just plug, play, and collect from here onwards. You can start your own Marlo Wifi or Inday Piso Wifi straight away.

Operating Expenses

Basic operating expenses will include electricity consumption which would be around Php 200-300 pesos a month plus the monthly internet subscription. In my case, I also pay a minimum wage to the person who collects and counts the sales for me. 

Additional expenses would be incurred in case of machine maintenance and breakdowns which would rarely happen.

A few tips 

  • Set up a regular schedule for collection. It’s important to monitor sales so you can understand trends and adjust if needed.
  • Keep a lot of coins with you for your customers who only have paper bills. You wouldn’t want to have them asking around for loose changes as they can also get snatched away by competitors this way. 
  • Master the art of small talk, just really, really small talks. “Is the internet doing fine?” or “You should move here, the rain will pour soon”. This might be a passive income source but it wouldn’t hurt to build some customer loyalty.
  • Get a reliable technician. In most cases, he is the same as your installer. If not, be sure to have someone knowledgeable in case your machine breaks down. There is usually a month’s worth of warranty that comes with the piso vending machine.

In my case, were lucky to have Kuya Quebin offer free checkups and guide us through simple configurations. He was the one who installed our machine and has been really accommodating since we started.

Piso Wifi Business Plan: How to Price

The default price settings that are programmed in the machines are usually:

  • 6 minutes for 1 peso
  • 1 hour for 5 pesos
  • 3 hours for 10 pesos
  • 5 hours for 15 pesos

These numbers can be adjusted, ask your installer so they teach you how.

You can set prices for vending machines the way you price other services and products. Analyze the costs and know your target market. It is advisable to adjust your rates once you have a better understanding of your customers’ needs. 

There are several factors for price adjustments. If your neighborhood has a high number of internet users for short activities like paying bills, up the minimum rate a little bit. If it’s games and social media, consider offering a whole-day price that is enticing and affordable.

How to market a Piso Wifi business in the Philippines

There are a number of ways to promote your business online . The one most suitable for this kind of business is social media marketing. It is cost-effective and makes targeting a specific area possible. 

You can also do promos like what Jenny Piso Wifi does to attract more customers. Giving free day passes and an extra hour of connection is a surefire way of earning some cookie points.

Advantages and Disadvantages of Piso Wifi Business

The piso WiFi vending business has a very simple business model and has amazing income potential. It requires minimal effort to maintain and gives you more time to fulfill other commitments.

There are not a lot of cons to this type of business but if I have to mention one, it will be the high dependence on location. It’s a hit or miss so it’s in your best interest to study up on your market before deciding where to place it.

Canvas the price of packages online, and then find the best ones that are similar but near you. Reason for this is because machines are mostly manufactured the same, but the maintenance and after-sales services (very important) will be better negotiated if your installer is near.

Piso WiFi Business Income: How much can you earn?

A single piso WiFi machine can earn you anywhere from Php 5,000 to Php 15,000 in a month. Daily sales can go down to 200 pesos or high as 1,000 pesos. The wide gap in potential income is due to it highly relying on the vending machine’s placement. 

The Potential of a Piso Wifi Business

Amidst inflation and stagnant wages, budgeting living costs can be really challenging. One way to improve the situation is to increase your income streams .

How to start a piso WiFi business in the Philippines is relatively easy and is a potentially lucrative business especially nowadays where there are not many low start-up capital ventures that can give you the same flexibility and potential earnings. 

Related Posts:

  • How To Price Your Services in the Philippines (w/ Examples)
  • How to Compute & Price Food Products (w/ example) Philippines
  • How to Prepare an Income Statement Philippines (w/ Example)
  • How to Make a Balance Sheet Philippines (with example)

Rhea Trillanes is a writer of The Thrifty Pinay, an entrepreneur, and a proud mother & wife to a family of three in the Philippines. Her background in business and accounting makes her the perfect pro-bono business consultant for family and friends. She spent 10 years in corporate before discovering the world of freelancing. She writes articles and business proposals in the wee hours of the night. When not absorbed in writing, Rhea enjoys reading mangas and exploring money-making breakthroughs.

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Vending Machine Business Plan: The Ultimate Guide

  • 6 months ago

You’ve looked into the steps of starting a vending machine business, but you haven’t developed business plans. We’ll help you create a vending machine business plan.

Adam Hill has owned and operated Hill Vending since 2014, when he bought a $120 vending route. Now he’s making over $600K in annual sales. He’ll share vending machine tips so you know how to estimate vending machine profits and other costs.

We’ll explain everything you need to know to communicate your business plan. These vending machine business links will send you directly to the section of the blog you want to read:

What Is a Vending Machine Business Plan?

Why you need a vending business plan, how to buy vending machines, vending machine business plan template, executive summary, company analysis, vending machine industry analysis, customer analysis, competitive analysis, marketing plan, operations plan, management team, income statement, balance sheets, cash flow statement, how much are vending machines, how to start a vending machine business, how much does a vending machine make, what do i need to start a vending machine business, write your vending machine business plan.

A vending machine business plan provides a snapshot of where your business is, where it’s going, and how you will achieve the business goals over the next three to 10 years.

Vending business plans will include market research on the vending machine industry, local vending machine associations, a marketing plan, an operations plan, and a financial plan to provide a clear path of how you expect your vending machine company to make money and grow.

Your chances of starting a successful vending machine business double by writing and following a vending machine business plan. Plus, companies that follow their business plans grow nearly 30% faster and get more funding than those without a business plan.

Make sure to update your vending machine business plan annually as your company grows and achieves its goals.

The main ways to buy a vending machine business are personal savings, credit cards, private loans from the current business owner, bank loans, and angel investors.

Private Loans

One of the top ways to get into the vending machine industry is to buy an existing vending machine business. Business owners will often agree to owner financing, where you pay 0-20% down and then pay off the remainder over one to five years.

Banks will want to review your vending machine business plan and decide whether they believe you can accomplish the goals you’ve included. More specifically, a loan officer will want to see a professional vending machine business plan to verify that your financial assumptions are reasonable.

Angel Investors

Another way to fund a vending machine business is by taking a loan or equity deal from angel investors. An angel investor is just a wealthy individual who helps people start businesses in exchange for a share of the profits.

Learn more about buying a vending machine .

You’ll want a business plan template for your vending machine business. Download our free vending machine business plan template below.

You’ll also get our How to Start a Vending Machine Business PDF.

Check out our other business plan templates for more resources or watch our interview with a business owner who started one of the fastest growing franchises in North America to learn how he writes a business plan.

What Should I Include in a Vending Machine Startup Business Plan?

A business plan for a vending machine company should include:

  • Competitor Analysis
  • Vending Machine Marketing Plan
  • Vending Machine Operations Plan
  • Vending Machine Financial Plan

Keep reading to learn what vending machine operators should include in their business plans. We’ll also provide examples of what key parts of a vending machine business plan might look like.

Vending machine operators should start their business plan with an executive summary. All an executive summary does is summarize what the rest of the document is about.

The executive summary should be under a page long and should include a sentence or two about each section so that people can get the main points quickly.

This section of your vending machine business plan should include:

  • An introduction to your company
  • Your company’s mission and values
  • The vending machine services you’ll offer
  • Your competitive advantage

In your industry analysis, you need to provide an overview of the vending machine business. Your research will help you understand the market, improve your strategy to utilize market trends, and prove to readers you know what you’re talking about.

Your vending machine business plan should answer the following questions about the vending industry:

  • How much do vending machines make a month? (Both as an industry and per machine)
  • How much of the industry revenue is in the local market? Use the industry revenue multiplied by your location divided by the U.S. population.
  • Is the market growing or shrinking?
  • Who are the market leaders in the industry?
  • Who are the primary vending machine manufacturers and suppliers of products?
  • What vending machine business trends will impact the industry?
  • What is the vending industry’s 5-10 year growth forecast?

I suggest using the IBIS World report we linked to earlier because it includes all the information about the U.S. vending machine market. You may need to purchase a local plan as well.

Industry Analysis Example

The vending machine industry makes $10 billion per year across 17,739 vending operators in the U.S. That means they make an average of $563,729 per year.

The average monthly revenue of a vending machine is approximately $2,000, which means a company needs 24 machines to earn the average across the industry.

The Las Vegas vending machine business market is approximately $69,343,972.03, and there are 99 vending machine operators , which means each vending machine operator is making approximately $140K per year more than the national average.

The market is expected to slightly decline in revenue, but companies that capitalize on existing trends like Apple Pay, Google Pay, and specialized vending machines are able to see growth by creating new markets in high-traffic areas.

According to ThomasNet , the major vending machine equipment manufacturers and suppliers are:

Adam suggested two manufacturers of vending machines he prefers to use.

In addition, snack foods and drinks are available from stores like:

  • Coke distributors
  • Pepsi distributors
  • Other distributors

Your vending machine business plan should describe the target market you will be providing vending.

Your target market will impact the pricing and product options you carry. Make sure to understand the demographics of the customers in each type of facility you serve. You won’t want to offer the same vending machine products in a gas station as you would a cardiac wing in a hospital.

Analyze customer demographics. You’ll want to discuss the age, gender, location, and income levels of decision-makers, their customers, and where you want to place your vending machines .

You’ll also want to include psychographic profiles, meaning the details of your customers’ wants and needs. You wouldn’t want to offer all candy and soda in a yoga studio vending machine because the students will probably want water and healthier snack choices.

Your vending machine business plan should include a competitive analysis that shows your understanding of the direct and indirect competitors you will be competing with for your target customers.

Direct competitors are limited to vending machine operators in the local area, while indirect competitors are any type of business where your target customers can get the same products.

A vending machine business will have indirect competitors, including grocery stores, convenience stores, delivery apps, pharmacies, and fast food restaurants.

Not mentioning these vending machine competitors may show lenders that you don’t realize there are other places where someone can buy the same products even when in a rush.

You want to describe in greater detail the other vending machine businesses you’ll compete with. Your direct competitors will be other vending machine locations within a mile of your machine.

Create an analysis of each local vending machine company that answers the following:

  • What locations does each business serve?
  • What items do they sell in the vending machines?
  • How do they price each item?
  • What are the machine owners’ competitive advantages?
  • What opportunities do they leave open?

After you’ve done this, you should be able to answer questions like:

  • How can I provide superior products?
  • What products can I offer that competitors do not?
  • How can I create an excellent customer service culture?
  • Can I beat their pricing?

Finding ways to provide better customer service at a similar or lower cost will provide a competitive advantage. Just make sure the pricing is correct for your vending machine business to be successful.

Have you ever heard of the 4Ps of marketing?

Every vending machine business should include them in its marketing plan.

This section of your vending machine business plan should remind the reader what type of vending machine business you are. Make sure to be specific about the products you’ll be offering in your vending machines. You’ll want to keep the product list consistent across vending machines.

You should have already analyzed how other vending machine businesses sell their products. Now it’s time to create your pricing guide. Adam suggests pricing the products at twice what you pay for them.

If you buy a 12-pack of soda from Sam’s Club for $12.99, then your vending machine company should be selling each can for $2.25 if the market will allow it. At the very least, factor in 50 cents profit per item.

Where will you be placing your vending machines? Document every location, the types of vending machines at the location, and how often you’ll need to check it.

You should also explain why each location is a good spot for a vending machine in your vending machine business plan. Learn more about vending machine placement .

The promotion section of a vending machine marketing plan documents how you will help people find your vending machine company and the locations where you have placed a vending machine.

Some promotional methods you might use for a vending machine company include:

  • A vending machine website
  • Adding your branding to your vehicle
  • Creating brochures for business owners
  • Focusing on vending machine experience and user experience (UX)
  • Keeping your vending machines clean and branding them to help people recognize your brand
  • Placing vending machines in strategic locations
  • Providing maps that show where your vending machine business is located
  • Sharing cool features of your vending machines on social media

You could also create a course to help other people learn how to start a vending machine business. That’s one of the ways that Adam has built upon his vending machine business. Check out our free vending machine training .

An operations plan is part of your vending machine business plan that explains your daily operations. Your operations plan should include two sections:

  • Long-term goals
  • Processes for operational excellence

Long-Term Goals

What milestones do you want to achieve in your vending machine company?

Your long-term goals might include the number of machines you want by a certain date, when you want to hire employees, and how much revenue you want within five years.

Make sure to add these details to your vending machine business plan.

Processes for Your Vending Machine Business

Your processes are the steps you will take during the day to keep your vending machine business running smoothly. Your main tasks will include:

  • Buy vending machine products
  • Store vending machine products
  • Deliver machines
  • Restock vending machines
  • Clean vending machines
  • Buy new vending machines
  • Secure contracts for vending machine placement
  • Buy vending machine routes
  • Provide customer service

You should also include your management team and business structure in your vending machine business plan. Planning for a team shows that you have thought through starting a vending machine business and realize that you can’t do everything.

While vending machine businesses are typically able to be run by a single person, that doesn’t mean you won’t need help from other professionals including:

  • Vending Machine Repair Person
  • Sales and Marketing

Hiring people to manage portions of the company you don’t understand will make starting a vending machine business much easier. Emphasize how your leadership team is going to make you more successful by touting their past experience.

Direct experience in the vending machine business is best, but if your team has experience in other areas that are related, it works well, too. An advisory board familiar with vending machines is also an option.

Financial Plan

When you own vending machine business assets, you need a financial plan. Your financial plan should cover one to five years from your vending machine business starting.

Three financial statements should be included with your business plan:

  • Income statement
  • Balance sheet
  • Cash flow statement

A Profit and Loss statement, P&L, or income statement shows your revenues and expenses to show how much money you made or lost.

You’ll have to make some assumptions when you create an income statement. Vending machine owners will need to make and document assumptions that answer the following:

  • How many products will you serve?
  • What will inflation be?
  • How much will revenue grow each year? How?

Example Vending Machines Income Statement

Let’s assume the following:

  • We bought 10 vending machines for $20,000 with $0 down and one year to pay $25K.
  • Revenue is $2K/month per machine .
  • Gross margins are 50% .
  • Taxes are 20% .
  • Marketing costs $1,000 annually .

Note: EBITDA = Earnings before interest, tax, depreciation, and amortization

Balance sheets are used to compare your assets and liabilities. Your balance sheet will show five sections:

  • Current Assets: Cash and items that can be turned into cash within a year, including accounts receivable, inventory, prepaid expenses, and marketable securities.
  • Long-Term Assets: Items that cannot be sold fast, like land, patents, brands, trademarks, goodwill, and vending machine equipment.
  • Current Liabilities: Any debt due within a year, including accounts payable, debt financing, payroll, rent, utilities, and other accrued expenses.
  • Long-Term Liabilities: Any debts that last longer than a year, including bonds payable, deferred taxes, leases, loans, and pensions
  • Shareholder Equity: Shares, reserves, and retained earnings are all parts of owners’ equity

Effectively, you are aiming to balance the equation:

Current Assets + Long Term Assets = Current Liabilities + Long-Term Liabilities + Shareholder Equity

Learn more about balance sheets .

Your cash flow statement shows how much money you need in your business bank account to cover startup costs and operating expenses until you are fully self-sustaining.

Your cash flow statement adjusts the net income to add:

  • Depreciation
  • Decreases in accounts payable
  • Increases in taxes payable
  • Increases in accounts receivable

Then you’ll want to subtract the cost of any inventory to get the cash from operations. You’ll also want line items for any investment or financing you need for the following items:

  • Cost of equipment like vending machines, refrigerated delivery trucks, etc.
  • Cost of maintaining an adequate amount of inventory
  • Payroll or salaries paid to staff
  • Business insurance
  • Taxes and permits
  • Legal expenses

The final part of your vending machine business plan should be an appendix that includes all the supporting documentation for your business plan. You’ll want to include tables, links, and citations so that anyone reviewing your vending machine business plan can verify your facts.

For the sake of brevity, in this Example Appendix, I am only including the formula I used for the Las Vegas Vending Machine Industry calculation.

Vending Machine Business FAQs

Buying a vending machine will cost anywhere from $100 for a small candy vending machine to a few thousand dollars for new and used drink or snack machines. The custom vending machine cost can reach $20,000.

Starting a vending machine business requires:

  • Establishing if the vending machine business will be profitable
  • Creating financial projections
  • Writing a vending machine business plan
  • Forming your vending machine business
  • Buying a vending machine
  • Getting products to fill your vending machine
  • Finding a location for your vending machine
  • Storing vending machine products
  • Maintaining vending machines
  • Restocking and collecting money from your vending machine investment

According to Adam, most vending machines make around $2,000 per month if they are in good locations.

Market research may show that other vending machines can have even better results, but use $2,000 a month per machine in financial projections for your business plan unless you can document that your machines will have better returns.

Of the $2,000, approximately 30% should be profits or wages.

The vending machine business model normally requires a:

  • Vending machine
  • Business license and LLC
  • Location for the vending machine
  • Way to handle refunds

Whether you decide to offer ice cream vending machines, coffee vending machines, or bulk vending machines, a vending machines business plan will help you make the most out of your new venture.

If you haven’t already, don’t forget to download your free business plan.

What will be your vending machines business model?

Brandon Boushy

Brandon Boushy lives to improve people’s lives by helping them become successful entrepreneurs. His journey started nearly 30 years ago. He consistently excelled at everything he did, but preferred to make the rules rather than follow him. His exploration of self and knowledge has helped him to get an engineering degree, MBA, and countless certifications. When freelancing and rideshare came onto the scene, he recognized the opportunity to play by his own rules. Since 2017, he has helped businesses across all industries achieve more with his research, writing, and marketing strategies. Since 2021, he has been the Lead Writer for UpFlip where he has published over 170 articles on small business success.

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Piso WiFi Business: How to Start, Costs and Profits

Piso Wifi business

Jerico Saquing

Jerico is the founder of Peso Hacks. He's also a freelance writer who specializes in topics related to finance, travel and games. In his spare time, he likes to watch anime, play mobile games and read books.

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wifi vendo machine business plan

Pano po ako maka avail and how much is the cost of one vendo Piso net WiFi

wifi vendo machine business plan

Hi Marejoy,

If you want to connect with Piso Wifi suppliers, you can email/inquire here:

1. Piso Wifi Vending Machine PH Location: New Lower Bicutan, Taguig City Contact: +(63949)8804399 Email: Piso [email protected]

2. Piso Wifi Vendo Contact: 0926-712-6078 (Globe) 0939-430-4860 (Smart) Email: support@Piso Wifivendo.com

3. AdoPiSoft Location: AdoPiSoft Store, Duterte Str., Danao City Cebu Contact: (032) 424 7532 Email: [email protected]

4. LBP Piso Wifi Software Website: https://lpbpisowifi.com/

5. PisoFi Website: https://pisofiph.com

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Get this complete sample business plan as a free text document.

Wi-Fi Kiosks Business Plan

Start your own wi-fi kiosks business plan

Executive Summary executive summary is a brief introduction to your business plan. It describes your business, the problem that it solves, your target market, and financial highlights.">

Stroll Net will provide a unique forum for communication and entertainment through the medium of public Internet access. In the first year, we will set up 16 Internet-enabled pay-kiosks in public spaces throughout Tech City, in locations frequented by business travelers and students, but with no nearby internet cafes or other similar competition. Our flagship location will be next to the downtown bus and train station, where, for less than a dollar, travelers can check email, locate phone numbers, and look up directions on any of the multiple online-mapping sites. They can also simply surf the net, as their time and budget allows. By accepting both real money (coins and dollar bills) and credit cards, we can catch both the casual browser and the traveler with money to burn.

Stroll Net is the answer to an increasing demand. Americans want access to the methods of communication and volumes of information now available on the Internet, at a cost they can afford, and in such a way that they aren’t confined to a bedroom or office desk. Stroll Net’s goal is to provide the community with a convenient and affordable way to access the Internet away from home and the office.

This business plan is prepared to obtain financing in the amount of $299,671. The supplemental financing is required to begin the purchase of public Internet terminals, the purchase of an office warehouse, office equipment and supplies and company vehicles, and to cover expenses in the first year of operations. Additional financing has already been secured in the form of $10,500 of personal savings from owners Cam Piotr and Bob Green, and a long-term loan of $100,000.

Stroll Net will be incorporated as a Limited Liability Corporation. This will shield the owners, Cam Piotr and Bob Green, from issues of personal liability and double taxation. The investors will be treated as shareholders and therefore will not be liable for more than their individual personal investment of $5,250 each.

The financing, in addition to the capital contributions from the owners, will allow Stroll Net to successfully open and maintain operations through year one. The large initial capital investment will allow Stroll Net to provide its clients and customers with the most innovative public Internet terminal available. A unique and innovative product is required to provide the customers with a service that is insurmountable by any competition. Successful operation in year one will provide Stroll Net a customer base that will allow it to be self-sufficient in year two.

For an investment of $299,671, we project dividends of $100,000 in year two, and $200,000 in year three, depending on cash flows. These projections are based on actual business revenues from similar start-up customers of our internet kiosk supplier in other states. In the first year, with a break-even point of $42,599 per month, we expect revenues of $727,072 and net profit of 18.5%, or $134,305. By year three, revenues will increase to $1,136,067, and the net worth of Stroll Net will increase to $610,320. Dividends thereafter will depend on cash flows; in year five, investors will have the option of being bought out by the company owners.

1.1 Mission

As the popularity of the Internet continues to grow at an exponential rate, easy and affordable access is quickly becoming a necessity of life. Stroll Net will provide internet users and business travelers alike the ability to access the Internet, via our public Internet terminals or a wireless WiFi connection away from home and the office. For a minimal fee, internet users, young and old, will be able to access the internet while they stay in hotels, wait at airports, shop in shopping malls and so on.   

We look to be the leader in introducing an innovative and quality public Internet terminal to our current market. We will add value to our community by maintaining a quality product and providing a valuable service. Our terminals will utilize the most advance technologies and our staff will possess the utmost in customer service experience.   

1.2 Keys to Success

As a start-up company, new to the industry, we must be focused and work hard to create an acceptance for ourselves and our products and services within the marketplace. The keys to our success are:

  • The placement of an innovative product and quality service that is able to both expand existing markets and create new ones.
  • A steady, disciplined pattern of growth.
  • The development of a good relationship with clients and customers.

1.3 Objectives

Stroll Net’s objectives for the first year of operation include:

  • The placement of 100 public Internet terminals operating throughout the North MyState area.

For the following two years our growth objectives includes:

  • A growth in public Internet terminals placed by 20% each year.
  • A growth in revenues by 25% per year.  

The risks involved with starting Stroll Net are:

  • Will the cost of accessing the Internet from home drop so significantly that there will not be a market for public Internet terminals?

Wi-fi kiosks business plan, executive summary chart image

See why 1.2 million entrepreneurs have written their business plans with LivePlan

Company summary company overview ) is an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.">.

Stroll Net, soon to be located on the south side of Tech City, MyState, will offer the community convenient and affordable way to access the Internet away from home and the office. Stroll Net’s public Internet terminals will provide full access to email, video email, the Web and other applications, such as a prepaid storefront. Stroll Net will provide clients and customers with a unique and innovative product and service.

Stroll Net’s public Internet terminals will appeal to individuals of all ages and backgrounds. The ease-of-use and instructional menu will appeal to the audience that does not associate themselves with the computer age. Great locations, such as hotel lobbies and coffee shops, will provide business people with a convenient way to access the Internet and office files away from the office.

2.1 Company Ownership

Stroll Net is a privately-held Limited Liability Corporation. Cam Piotr and Bob Green, co-founders of Stroll Net, hold equal stock positions of 26% each as majority owners. Investors will receive one share of Stroll Net stock for every $6,244 of investment, up to 48%.

2.2 Start-up Summary

Stroll Net’s start-up costs will cover the purchase of public Internet terminals (our long-term assets), the purchase of an office warehouse, office equipment and supplies, company vehicles, capital to cover losses in the first year, and capital to cover any and all expenses required to operate business on a daily basis for the first year.

Short-term Assets – Fixtures:  2 computers = $4,600, one printer = $1,000, one scanner = $500, 4 tables w/chairs = $2,600, 2 computer desks w/chairs = $2,400, three telephones = $300, for a total fixture cost of $11,400.

In addition, we plan on a large initial marketing/design budget, to cover the kiosk design and grand opening advertising.

Wi-fi kiosks business plan, company summary chart image

Products and Services

Stroll Net’s public Internet terminals will provide customers full access to email, video email, WWW and other applications such as a prepaid storefront. Stroll Net will provide clients and customers with a unique and innovative product and service.

3.1 Product and Service Description

Walk-up Internet Access: Customers pay with either cash or credit card and receive a specific amount of time on the terminal in exchange for their payment. Customers can surf the Internet, check email and send video email.

Wireless Internet Access: Away from the home, WiFi users can access the Internet through our Wireless Hotspots.

Prepaid Storefront: An application that allows customers to purchase products such as Prepaid Calling Cards, Prepaid Wireless Top-up, and Prepaid Mobile Content (games, graphics, ring tones, etc.).

Multimedia Advertising: Local, regional, or national companies can advertise using multimedia on-screen advertisements. Advertisements consist of full motion video “commercials,” picture files, or twelve advertising buttons.

Wi-fi kiosks business plan, products and services chart image

Technical Specifications

  • Wheelchair Accessible
  • Front access for easy service and maintenance
  • 15.1 inch touch screen LCD monitor
  • Industrial spill and vandal proof keyboard
  • Web Camera with integrated microphone
  • Bill Acceptor and Credit Card Reader
  • Stereo Speakers
  • Wireless Router
  • Surfnet Premier

PC Specifications

  • 2.4GHz Celeron Processor
  • 40GB hard Drive
  • 256MB DDR-RAM
  • Floppy Drive
  • Windows XP Professional
  • 3-Year Hotswap

3.2 Competitive Comparison

Stroll Net will be first to place public Internet Terminals in Tech City. Stroll Net will differentiate itself from other ISPs in Tech City by providing its customers with the ability to access the Internet even when they are away from their own computer.

We do not expect to replace standard internet access options (home, school, and work-based computers), but to supplement them; similar ventures, such as Internet cafes, have seen great success.

3.3 Fulfillment

Stroll Net will obtain its public Internet terminals from Supplier One, Inc. located in Vancouver, BC. Supplier One, Inc. will provide the locating service and the hardware required to run Stroll Net. Internet access and networking will be provided through Supplier Two.

3.4 Technology

Stroll Net will invest in terminals with high-speed computers to provide its customers with a fast and efficient connection to the Internet. The computers will be reliable and fun to work with. Stroll Net will continue to upgrade and modify the systems to stay current with communications technology. One of the main attractions associated with public Internet terminals is the state of the art equipment available for use. Not everyone has a Pentium PC in their home or office.

3.5 Future Products and Services

To enhance our initial product line, we will look at a newer model of Supplier One terminal that offers a greater variety of technologies.  

As we increase our presence in the public Internet access business, we will continue to seek out applications that will allow us to offer a greater variety of services. A key component of this will be customer feedback.  

Market Analysis Summary how to do a market analysis for your business plan.">

Stroll Net is faced with the exciting opportunity of being the first-mover in the Tech City public Internet market. The attractiveness of convenience, combined with the growing interest in the Internet, has been proven to be a winning concept in other markets and will produce the same results in Tech City.

The explosion of the Internet has been well documented. The International Data Corporation predicts that by 2004 there will be 210 million Internet users in the U.S. alone. Our increasingly mobile society manes that a large percentage of these users will access the Internet through public Internet terminals. 

Research has confirmed that the demand for public Internet terminals is growing exponentially and that the number of terminals in operation worldwide will reach 434,000 by 2006. By 2007 the number of wireless Hotspots in the U.S. is expected to grow to 41,000 and generate in excess of $3 billion in revenue.

4.1 Market Segmentation

Stroll Net’s clients can be described as individual business owners and medium to large companies that provide a services to tourist and business travelers alike as well as students and everyday Internet users. Such clients include, but are not limited to; airports, hotels, truck stops and coffee shops. 

Our customers can be divided into two groups. The first group is familiar with the Internet and desires a convenient and affordable way to access the Internet away from home and their offices. The second group is not familiar with the Internet, yet, and is just waiting for the right opportunity to enter the online community. Stroll Net’s target market includes people between the ages of 18 and 65. According to the 2000 U.S. Census, Tech County has roughly 490,693 residents between the ages of 18 and 65. Of these, many are already internet-savvy.

Within this group, we will target two groups in particular:

  • Traveling Business People

Wi-fi kiosks business plan, market analysis summary chart image

4.2 Service Business Analysis

The explosion of the Internet has been well documented. Our increasingly mobile society means that a large percentage of these users will access the Internet through public Internet terminals. To be proactive and remain competitive it is imperative for business travelers to have reliable high-speed access to e-mail, the Internet and corporate networks. As such, it is becoming a standard for business travelers to stay only at hotels with high-speed Internet access and public Internet terminals.

Internet terminals with integrated Wi-Fi hotspots allow users to jump onto the Internet as easily as they would use an ATM. Our Internet terminals allow the public to experience rich multimedia content, that cannot be viewed on PDAs. Internet kiosks will very quickly become a standard feature of all hotels. The growth of Internet kiosks has very closely paralleled that of ATMs and payphones.

The fact that there are no public Internet terminals operating in Tech City, presents Stroll Net with a chance to seize this window of opportunity and enter into a profitable niche.

4.2.1 Competition and Buying Patterns

The main competitors in the public Internet terminal segment are ATT and BellSouth. However, these businesses have yet to establish a presence in Tech City and the immediate surrounding areas.

Competition from online service providers comes from locally-owned businesses as well as national firms. Due to the nature of the Internet, there are no geographical boundaries restricting competition. However, none of these online service providers have public Internet terminals available for placement.

4.3 Target Market Segment Strategy

Stroll Net’s public Internet terminals will be a magnet for local and traveling professionals who desire to work or check their email messages away from the office. These professionals will either use Stroll Net’s terminals, or connect their notebooks to our wireless WiFi Internet connection. Stroll Net’s target market covers a wide range of ages: from members of Generation X who grew up surrounded by computers, to Baby Boomers who have come to the realization that people today cannot afford to ignore computers.

Strategy and Implementation Summary

The important strategy focuses on pulling in power Internet users. Power Internet users are extremely familiar with the Internet and its offerings. This group of customers include students and business professionals.

The second strategy focuses on building a large loyal customer base. A large loyal customer base will serve to attract large, medium and small companies as clients for our interactive advertising service.  All of the advertisements can connect the user to the advertiser’s web site. Due to the high traffic locations in which our public Internet terminals will be placed, this advertising space will be in high demand.

5.1 Milestones

The Stroll Net management team has established some basic milestones to keep the business plan priorities in place. Responsibility for implementation falls on the shoulders of Cam Piotr. This Milestones Table below will be updated as the year progresses using the actual tables. New milestones will be added as the first year of operations commences.

Wi-fi kiosks business plan, strategy and implementation summary chart image

5.2 Value Proposition

WiFi hotspots offering public Internet access are everywhere you look today, from cafes to hotels, from airports to marinas. Connectivity is what travelers want, and more importantly, are coming to expect. Travelers are making decisions on where to eat, sleep and work based on the availability of wireless service.

Clients offering public internet access will be able to tap into new revenue streams and new customers, and create loyalty.

Stroll Net’s public Internet terminals make it easy to provide convenient and easy access to wireless high-speed Internet connectivity. With Stroll Net’s public Internet terminals customers will be able to connect to their corporate networks and the Internet via a high-speed wireless connection in common areas.

5.3 Competitive Edge

Stroll Net will differentiate itself by providing the community with an innovative product that offers a convenient and affordable way to access the Internet away from home and the office. Stroll Net will enjoy the traditional benefits of being first to the market. As a small company looking to establish itself, we will be attentive and flexible in meeting our customers’ demands. 

5.4 Marketing Strategy

Stroll Net will position itself as an aggressive, innovative company that supplies the market with an affordable way to access the Internet away from home and the office. Stroll Net will use advertising as its main source of promotion. We will acquire the services of Empire Communications Group and CyberMark International, Inc. to launch a diverse advertising campaign placed on television, radio, the Internet and in the local newspaper. 

Stroll Net’s brochures, letterhead and business correspondence will further reinforce these concepts. We also recognize that it costs six times more to attract a customer than to retain one. With this in mind, we will operate under the principle that our best marketing is an exceedingly satisfied customer.    

5.4.1 Pricing Strategy

Stroll Net bases its prices for Internet and wireless WiFi usage on the “retail profit analysis” provided by our supplier, Supplier One, Inc. They have been in the kiosk industry for 5 years and has developed a solid pricing strategy.

Determining a fair-market, per-transaction fee for Internet and wireless WiFi usage is more difficult because there is no direct competition from another public internet terminal business in Tech City. Therefore, Stroll Net considered two sources to determine the hourly charge rate. First, we considered the cost to use other Internet servers, whether it is a local networking firm or a provider such as America Online. Internet access providers use different pricing schemes. Some charge a monthly fee, while others charge an hourly fee. In addition, some providers use a strategy with a combination of both pricing schemes. Thus, it can quickly become a high monthly cost for the individual. Second, Stroll Net looked at how public Internet terminals in other markets, such as Miami and New York, went about pricing Internet access.  Evaluating these two factors resulted in the following:

Walk-up Internet Access – Customers utilizing the terminals for internet access will be charged a .25 per minute transaction fee.

Wireless Internet Access – Customers utilizing the wireless WiFi connection will incur a fee of $3.95 per hour with a one hour minimum.

5.4.2 Promotion Strategy

Stroll Net will implement a pull strategy in order to build consumer awareness and demand. Initially, Stroll Net has budgeted $5,000 for promotional efforts which will include advertising with coupons for fifteen minutes of free Internet time.

Stroll Net realizes that in the future, when competition enters the market, additional revenues must be allocated for promotion in order to maintain market share.

5.5 Sales Strategy

Stroll Net employs route operators to collect all sales transactions and to perform routine maintenance on its terminals. Each route operator is responsible for keeping the terminals on his route stocked, clean and operational. Computer literacy is a requirement for Stroll Net employees. If an employee does not possess basic computer skills when they are hired, they are trained by our full-time technician. Our full-time technician is also available for terminals in need of minor repairs. Stroll Net’s commitment to prompt, dependable service is one of the key factors that distinguishes Stroll Net from all other competitors.

5.5.1 Sales Forecast

Our Sales Forecast is based upon real revenue reports from other customers of Supplier One, operating in similar urban settings in nearby states. Prepaid products and advertising will yield the greatest revenue per unit, but we expect the greatest number of transactions will be in walk-up internet access and Wifi access.

Wi-fi kiosks business plan, strategy and implementation summary chart image

Management Summary management summary will include information about who's on your team and why they're the right people for the job, as well as your future hiring plans.">

Stroll Net is owned and operated by Cam Piotr and Bob Green. The company, being small in nature, requires a simple organizational structure. Implementation of this organizational form calls for the owners to make all of the major management decisions in addition to monitoring all other business activities.

6.1 Personnel Plan

The staff will consist of 8 full-time route operators working forty hours a week at $10.00 per hour. In addition, one full-time technician (who is more technologically oriented to handle minor terminal repairs/inquiries) will be employed to work forty hours a week at $12.00 per hour. This simple structure provides a great deal of flexibility and allows communication to disperse quickly and directly. Because of these characteristics, there are few coordination problems seen at Stroll Net that are common within larger organizational chains. This strategy will enable Stroll Net to react quickly to changes in the market.

Financial Plan investor-ready personnel plan .">

Sales: Stroll Net is basing their projected Internet usage sales on the financial snapshot information provided to them by Supplier One, Inc. Internet usage was estimated by calculating the average number of minutes each customer will spend accessing the Internet and then generating a conservative estimate as to how many transactions will be made per day.

Cost of Goods Sold: The cost of goods sold was determined by the “retail profit analysis” we obtained from Supplier One, Inc. The cost of prepaid calling cards is 20% of the selling price. The cost of Internet access is $50 per month, paid to Supplier Two for networking fees. The cost of terminal placement is 20% of total internet access sales.

Salaries Expense: The founders of Stroll Net, Cam Piotr and Bob Green, will receive a salary of $24,000 in year one, $26,400 in year two, and $29,040 in year three.

Payroll Expense: Stroll Net intends to hire eight full-time employees at $10.00/hour and a full-time technician at $12.00/hour. The total cost of employing nine people at these rates for the first year is $14,720/month.

Rent Expense: Stroll Net is looking to purchase a 2200 square foot facility at $104.74/sq. foot.

Utilities Expense:  Stroll Net is responsible for the payment of utilities including electric, water and garbage disposal. The basic monthly service charge for utilities expense will be $168.04. The phone bill will generated by five phone lines; one will be dedicated to a modem and four for business purposes. The basic monthly service charge for each line provided by Bellsouth is $59.95/month. Therefore, the total cost associated with the five phone lines is estimated at $299.75/month.

Marketing Expense: Stroll Net will allocate $50,000 for promotional expenses at the time of start-up. These dollars will be used for advertising on television, radio, the Internet and the local newspapers in order to build consumer awareness. For additional information, please refer to section 5.0 of the business plan.

Insurance Expense: Stroll Net has allocated $1,500 for insurance for the first year. As revenue increases in the second and third year of business, Stroll Net intends to invest more money for additional insurance coverage.

Legal and Consulting Fees: The cost of obtaining legal consultation in order to draw up the paper work necessary for client contracts is $1,500.

Depreciation: In depreciating our capital equipment, we used the Modified Accelerated Cost Recovery Method. We depreciated our terminals over a three-year time period.

Taxes: Stroll Net is an LLC and, as an entity, it is not taxed. However, there is a 10% payroll burden.

7.1 Important Assumptions

Basic assumptions are presented in the table below.

7.2 Break-even Analysis

Break-even data is presented in the chart and table below. With estimated monthly operating expenses at approximately $37,400, including everything from payroll to rent and insurance to maintenance of the kiosks, and average direct costs at roughly 90¢ for every $7.46 of sales, we reach break-even at approximately 5,700 sales per month. We project reaching the break-even point in the seventh month.

Wi-fi kiosks business plan, financial plan chart image

7.3 Projected Profit and Loss

The following table contains our projections for profit and loss data. We anticipate a net profit of approximately $134,300 in the first year, as the Stroll Net idea catches on and sales increase. With a net profit margin of 18%, these projections are well within a reasonable range.

Wi-fi kiosks business plan, financial plan chart image

7.4 Projected Cash Flow

Cash flow data for the first three years is presented in the chart and table below. The table shows anticipated repayment of the long-term loan, as well as projected dividends which will be paid to investors in years two and three. In year three, we will purchase two more paykiosks terminals for new locations. The more detailed monthly cash flow data can be found in the appendix.

Wi-fi kiosks business plan, financial plan chart image

7.5 Projected Balance Sheet

Our projected balance sheet is presented in the table below. As sales increase, and we repay our long-term loan, the net worth of the company will increase from $281,710 at start-up to over $610,000 by year three.

7.6 Business Ratios

The following table outlines some of the more important ratios from the Data communications services industry. The final column, Industry Profile, details specific ratios based on the industry as it is classified by the Standard Industry Classification (SIC) code, 4899.9901.

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wifi vendo machine business plan

Feasibility Study at J2KLC Wifi Vendo Machine in 591 Bagbag St., Quirino Highway, Novaliches, Quezon City

  • Maria Corina Alburo
  • Lizel Tindugan
  • Ana Maria Dacuno

The Internet is extremely important because it is a limitless space where people have access to an infinite amount of information. The Internet is where a large amount of knowledge comes from. Wi-Fi connection using a vending machine can be the cheapest Internet connection because a vending machine is coin-operated. “Coin-operated” means that one only needs to insert a coin on the machine to access the Internet through a Wi-Fi connection. The idea of Piso-net largely influenced the creators of the J2KLC Wi-Fi Vendo machine to establish this kind of business. The word J2KLC came from the acronym of each member of the researchers. The researchers provided an affordable and easy way to have an internet connection to the community and also give profit to possible customers. The business was established to provide convenient Internet connection to the customers and meet the expectation of the target market. The proponents conducted surveyed 70 respondents to know what products and services the customers will avail themselves of in the J2KLC Wi-fi Vendo machine. The researchers studied the product, price, place, and promotion of the product. According to the results of the survey after completing the feasibility study of the proposed business, the researchers concluded that the establishment of the J2KLC Wi-fi Vendo machine is feasible and will be viable based on different studies. The researchers recommended adding additional freebies and extensions for the business to make the business visible and provide products that are of good quality to satisfy the customers. To build a loyal following, the business should plan for expansion.

wifi vendo machine business plan

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Build your WI-FI hotspot with our opensource JuanFI System.

Visit github or download bin files and juanfi manager app.

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AWESOME FEATURES

Juanfi offers a wide range of features with great functionality for all mikrotik-base wi-fi vendo machine., amazing support, firmware update, easy to setup.

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ADMIN FEATURES

Juanfi provides admin features for wi-fi vendo builders to edit wi-fi ssid, user credentials, rates, and many more., pin configuration, promo rates, mikrotik connection, juanfi manager.

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ESP8266/ESP32 Module

Universal coin acceptor, mikrotik router, access point, nodemcu baseboard, power supply, w5500 lan module, lm2596 module, juanfi is free and open-source software for wi-fi vendo business using the mikrotik hotspot router. for more details, please visit juanfi's github page ..

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Ivan Julius Alayan

JuanFI Developer

The goal of JuanFI is to build and deploy many WI-FI vendo machines to be able to cover those that have limited or no access to the internet, especially those living in remote areas. By this, JuanFI was built as an open-source system. The more vendo machines we deploy the more we can reach each corner of the world and more people will be connected thru low-cost internet connection service. - Ivan

Terms and Conditions

This software is open source and is free to use. selling of this software alone is not permitted and prohibited. but you can sell this together with your kit, as long as you mention that it uses juanfi software. this software has no absolute warranty or is liable for any case of loss of income/money in your vendo machine. you can use this software at your own risk. you may join our fb group, there will be many members willing to help you., donations are very welcome. if you want to donate, you may use the following options:.

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A Guide to Understanding Piso WiFi: 5 Things You Need To Learn About Piso WiFi

Piso WiFi is one of the hottest topics in the Philippines right now. Piso WiFi is a unique business model that lets you share your extra Internet connection with others who cannot afford a personal connection. It can be very profitable, but it's important to understand how this system works before investing in one. 

However, many still don't know what piso WiFi is or how it works. This guide will help you understand piso WiFi better so that you can decide if it's the right fit for your business too!

What Is Piso WiFi?

The term Piso WiFi is a portmanteau of "Piso," which means one peso in the Philippines, and "WiFi."

According to some articles, this business allows customers to pay for internet access with a small amount of money rather than making them subscribe to expensive plans like those offered by telecommunications companies like Globe Telecom or Smart Communications. Customers can purchase internet access for as little as 20 pesos, granting them unlimited data usage until midnight that day.

Piso WiFi Is A Relatively New Business In The Philippines.

It is a self-service coin-operated Internet system that caters to people trying to stay connected while on the go. Piso WiFi offers free WiFi access and a fast internet connection, and all you have to do is pay ₱1 per hour or ₱20 for 5 hours!

It's possible to operate a Piso WiFi for about 2,000 pesos a month, generating up to 40,000 pesos in revenue. But what does this mean? First, if you have enough capital, you can make lots of money by installing computers in public locations and charging for WiFi use.

You'll Need A Building Or An Accessible Location To Operate Piso WiFi

As the name indicates, you will need a building or location where you can put some network equipment and computers for your customers to use. You can use a building or location that already exists. If you don't have any space available on your property and don't want to build anything from scratch, you can find an existing location elsewhere and rent it out for this purpose.

Having a great location is crucial for any business to survive. Being accessible entails providing all information in a uniform and open format, guaranteeing that everyone can access it, and making sure that your business is adaptable and reachable to all. 

With an operational Piso WiFi business on an accessible area that  modem WiFi  can cover, there is unlimited potential for growth. 

There's No Limit To The Source Of Locations You Can Use As Long As It Has Electricity

The beauty of Piso WiFi is that it can be used at any location with an electrical outlet. However, the more people using your service, the more electricity you need. In addition, many other factors come into play when determining how much money you will make with Piso WiFi.

How Does It Work?

It offers free internet access to customers of businesses or organizations that install a WiFi hotspot on their premises.

Piso WiFi is a business that uses coin-operated computers located in areas where many people have access but aren't able to afford an Internet connection.

More About Piso WiFi

Piso WiFi is a business model developed in the Philippines and is now becoming popular in other countries. It allows people to share their internet connection with other users around them.

Piso WiFi works by connecting a router to prepaid electricity meters, which allows it to be powered for free at all times. The router shares its data connection with nearby users for an hourly fee of PHP 10.

Expertise In WiFi With TP Link

The Piso WiFi business model is a great way for people to earn income without investing in expensive equipment or technology. It's also very easy for anyone who wants to start up their own business from home or anywhere else where there's access to electricity and space for computers.

When it comes to reliable WiFi,  TP Link  comes to mind. With over 10 years of experience in serving WiFi and technological solutions, TP Link is the world's #1 provider of consumer WiFi networking devices.  Get online with TP-Link now!

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The Most Reliable Piso Wifi Hotspot System

adopisoft web admin

Commonly Used Hardwares

View all the supported hardwares.

Raspberry Pi

Raspberry Pi 3/4

Raspberry Pi boards are the most reliable SoC's that works with our system. Performance-wise, it is better than Orange Pi boards.

Orange Pi

Orange Pi One/PC

Our system also works with Orange Pi boards, albeit less performant than Raspberry Pi boards but also less expensive.

Newifi 3 D2

Newifi 3 D-2

This is the least performant but also the most affordable since it is already a board and access point at the same time.

Ubuntu x64 Server

Our system can be installed to physical server or virtual machine which can accommodate thousands of wifi, wired or WISP customers.

Advanced Features

Remote online management.

You can monitor your sales, users and control other aspects of the piso wifi vendo remotely via internet anytime,anywhere.

Support All Currencies

The payment portal settings can be configured to accept any currencies.

Supported Languages

English, Spanish, Malay & Indonesian

Time and Data Rates

  • Time rates are based on running timer.
  • Data rates are based on data consumption.

Multiple Payment Portals

Our system supports multiple wired and wireless coin-acceptors. Multiple customers can insert coin at the same time.

Bandwidth Limiter (per user)

The system has a built-in bandwidth limiter per user. It ensures that each user will get equal bandwidth allocation and internet speed. This prevents users from abusing your internet connection.

Our system has a built-in anti-lag system optimized for competitive mobile games and applications. It ensures that packet for the said applications will be prioritized in the network traffic.

Content Filtering

You can allow or block porn/adult and other malicious sites.

Allnet E-load Service

Automated eloading service (coin-operated). Available in Philippines only.

Unlike traditional piso wifi hotspot system that uses vouchers, our system uses credit generated by the time a coin is inserted into the coinslot.

Voucher and Subscription

You can also print vouchers for customers for weekly or monthly internet access so they don't have to insert a lot of coins into the coinslot.

Our subscription rates are useful for providing internet for the customer who preffer to be billed periodically just like how telecommunications company does.

Expandable WiFi Signal

The system is compatible to any access point wi-fi extenders. Compatible access points can reach from 50 meters to as fas as 200 meters wi-fi signal range.

Multi-LAN + PPoE Support

Our system can be configured with multiple LAN. Each network interface can have separate DHCP, captive portal and bandwidth settings.

Payment History

The system has a built-in accounting system which summarizes your income.

Rebrandable

The system is fully configured. You can also customize the appearance of the webportal according to your preference.

How it Works

Deploy your wifi vendo in urban areas for maximum income potential..

Potential Areas

This video demonstrates how a customer operates the automated piso wifi machine.

Automated wifi vendo machines can be deployed in variety of places., setup the machine in urban areas and earn steady income. let the machine work for you while you enjoy life..

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Testimony

Michelle Feli Catubay | Philippines

Sobrang accommodating. Kala ko di nila ako imemessage back kase kailangan ko tlaga ng tulong. Bigla kaseng nawala ung vendo ko ayaw maconnect pero naman ung pinaka router ng wifi. Lahat ng tanong ko sinagot nila. Talagang di nila ako iniwan sa ere or seen lang. Nagpapasalamat talaga ako akala ko mapapagastos nanaman ako. 5 star tlaga to. di ako sa kanila bumili mismo pero pagchat ko agad respond nila.

Testimony

Katya Martinez | Mexico

Mi esposo y yo perdimos nuestros trabajos durante la pandemia de covid-19. Menos mal que encontramos AdoPiSoft. Tiene todas las guías y el soporte al cliente que necesita para construir máquinas con puntos de acceso Wi-Fi. Ahora, somos el principal proveedor de Internet para nuestros vecinos que no podían pagar un costoso plan de Internet.

Testimony

Christoph Abimbola | Africa

I am not an IT person but AdoPiSoft has helped me a lot in running my wifi hotspot business. It has a user friendly interface, easy to setup and has all the options you need like time rates, data rates, multi-user vouchers, adustable bandwidth per user and many more.

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ADOPISOFT (formerly Ado Piso WiFi) is the leading management software for piso wifi vendo machines world wide. Designed to be easy to use even for non-technical individuals with room for advanced settings and configuration.

Manage your bandwidth, users and rates anytime, anywhere with our remote management tool. Be part of our huge and helpful community and post your questions, suggestions and ideas to improve the system.

We're located at Duterte St., Poblacion, Danao City, Cebu, Philipines

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Pinoy Entrepreneur Business Opportunities Resource

PISO WIFI VENDING MACHINE.

Start your own business now with piso wifi vending machine., key specifications.

​ No username or password simply tap and your ready to go

Housing Material: ABS plastic WAN Interface: 1X RJ45 Port Antennas: 1 X Wi-Fi(Built-in) LCD: 4-line, 128X64 pixel, backlight supported, shock resistance > 4,000N

What’s in the box?

1 x Buzz Wi-Fi Manual 1 x Power Brick 1 x Buzz Wi-Fi Unit

Features: Brand: NEXT Antennas : 1 Specifications Table : PLACE ON FLAT SURFACE

Temperature 5⁰C to 45⁰C (operation)/ -10⁰C to 60 ⁰C(storage) Humidity: 10% – 85% non-condensing

Model : Next Technologies Philippines-Bzz-A001 Network : 3G Ports : 1 Size (L x W x H cm) : 31 x 24 x 41 Warranty policy (optional) : 3 months manufacturing warranty includes replacement of parts 1 year service warranty

Weight (kg) : 4

Please note that the warranty may not cover normal wear and tear, excessive abuse or misuse or any instructions provided by the manufacturer, supplier, and/or seller that was not followed by the user that may cause the warranty to be voided. Warranty type : Local Manufacturer Warrant

HOW DOES THE PISO WIFI VENDING MACHINE WORKS?

1.  (TAP-CONNECT-INSERT COIN) Customers will only tap their CP to wifi vending machine. Connect the wifi (wifi name). Insert coin as their payment and then they will be automatically have internet connection. It will stop when the time they purchased is done. 2. Payment can be set according to your preference (sample 10 pesos per hour or 1 peso for 5mins etc.) it can accept 1 peso, 5 pesos and 10 pesos even newest coins. Just indicate in the order form. 3. WiFi name can be set as your business name. Just indicate in the order form. 4. No need for employee to manage 5. It can accomodate maximum 100 users at same time 6. Wifi range is 100 meters you can also extend by providing wifi extender. 7. Have passive income everyday from 500 pesos to 3k pesos depending on the place and pricing. 8. You can monitor the sales online through your account via NMS (yearly premium). Through NMS you can also configure the machine (change wifi name and pricing). Laptop can also connect via voucher system. 9. We have technical support to help you out

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WiFi Hotspot Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » Technology Sector

Are you about starting a Wi-fi hotspot business? If YES, here is a complete sample Wi-fi hotspot business plan template & feasibility report you can use for FREE .

Okay, so we have considered all the requirements for starting a Wi-fi hotspot business. We also took it further by analyzing and drafting a sample Wi-fi hotspot business marketing plan template backed up by actionable guerrilla marketing ideas for Wi-fi hotspot businesses. So let’s proceed to the business planning section .

As an aspiring entrepreneur who wants to start a business, one of the businesses you can look to is the Wi-Fi hotspot business. It should be noted that starting a Wi-Fi hotspot business needs significant investment capital, solid planning, and concentration to detail in order to keep your business profitable.

In recent time, the demand for services provided by Wi-Fi hotspot maybe on the decrease because of loads of options that internet service providers offer their subscribers, but on the other hand, if you know how to position your business, and you have fast internet that is affordable, you will sure make profits from this line of business.

So, if you have decided to start your own Wi-Fi hotspot business, then you should ensure that you carry out thorough feasibility studies and market survey. Business plan is yet another very important business document that you should not take for granted when launching your Wi-Fi hotspot business.

Below is a sample Wi-Fi hotspot business plan template that can help you to successfully write your own with little or no difficulty.

A Sample Wi-Fi Hotspot Business Plan Template

1. industry overview.

A hotspot is a physical location where people may obtain internet access for free or at a fee, typically using Wi-Fi technology, via a wireless local area network (WLAN) using a router connected to an internet service provider. Public hotspots may be created by a business for use by customers, such as coffee shops or hotels.

Using an open public network is the easiest way to create a free hotspot. All that is needed is a Wi-Fi router. Similarly, when users of private wireless routers turn off their authentication requirements, opening their connection, intentionally or not, they permit piggybacking (sharing) by anyone in range.

Closed public networks use a Wi-Fi Hotspot Management System to control access to hotspots. This software runs on the router itself or an external computer allowing operators to authorize only specific users to access the Internet.

Providers of such hotspots often associate the free access with a menu, membership, or purchase limit. Operators may also limit each user’s available bandwidth (upload and download speed) to ensure that everyone gets good quality service. Often this is done through service-level agreements.

Many services provide payment services to hotspot providers for a monthly fee or commission from the end-user income.

For example, Amazingports can be used to set up hotspots that intend to offer both fee-based and free internet access, and ZoneCD is a Linux distribution that provides payment services for hotspot providers who wish to deploy their own service.

Major airports and hotels are more likely to charge for this service, but small airports and airline lounges do offer free service. Retail shops, public venues and offices usually provide a free Wi-Fi SSID for their guests and visitors.

Roaming services are expanding among major hotspot service providers. With roaming service, the users of a commercial provider can have access to other providers’ hotspots, either free of charge or for extra fees, which users will usually be charged on an access-per-minute basis.

The Wi-Fi Hotspot industry is indeed a large industry and there is hardly any airport that you won’t find an internet café that you can either connect your gadget through their Wi-Fi or log on to their computer to surf the net while you wait for your flight.

Though some players in this industry would prefer to build their call centers in places where they can maximize profits; countries like India, China and The Philippines readily comes to mind.

One good thing about starting a Wi-Fi business is that aside from the fact that people will come in to browse the internet and carry out their jobs; you can also generate enough income by engaging in the sale of coffee and snacks.

So all you need to do if you want to maximize your Wi-Fi business is to strategically position the business and you will be amazed at the rate people troop to your Wi-Fi location; not only those that want to browse the internet, but also those who may just want to hang out with friends over a cup of coffee and snacks.

2. Executive Summary

Light Speed® Wi-Fi Hotspot, LLC is a licensed Wi-Fi hotspot and coffee shop that is fully equipped with the latest technology in Wi-Fi Hotspot. Our Wi-Fi Hotspot will be located in the busiest airport in the united states – Hartsfield–Jackson Atlanta International Airport.

Light Speed® Wi-Fi Hotspot, LLC will operate as a standard Wi-Fi Hotspot where clients are expected to surf the internet at the speed of light, make internet phone calls, conduct teleconferences, and scan and send documents online. We also engage in the sale of snacks and coffee, operating a full-fledged business center and the sale of data bundle and call cards for various telecommunication providers.

Our business goal is to work towards becoming one of the leading Wu-Fi hotspot brand in the whole of Hartsfield – Jackson, Atlanta and in the nearest future compete with leaders in the industry not only in the United States but also in the global stage.

We are not ignorant of the fact that building a world class Wi-Fi hotspot from the scratch requires huge capital especially for the purchase of up-to-date internet equipment (server, and computers) and software applications et al, which is why we have perfected plans for steady flow of cash.

We can confidently say that we have a robust financial standing and we are ready to take on any challenge that we encounter in the industry. We are well – staffed and well – equipped to run a 24 hours-a-day and 7 days-a-week Wi-Fi business with a well – planned shift system.

We will ensure that all our employees are selected from a pool of qualified and customer centric people in and around Hartsfield – Jackson, Atlanta and also from any part of the United States.

We will make sure that we take all the members of our workforce through the required training that will position them to meet the expectation of the company and to compete with other players in the United States and throughout the globe.

At Light Speed® Wi-Fi Hotspot, LLC, our client’s best interest will always come first, and everything we do will be guided by our values and professional ethics. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely.

Light Speed® Wi-Fi Hotspot, LLC is owned by Lewis Hankins and his immediate family members. Lewis Hankins has a Degree: B.S. in Electrical Engineering from the Illinois Institute of Technology; M.S. degree in Computer Science at the University of Wisconsin-Milwaukee; MBA from the University of Chicago Booth School of Business.

3. Our Products and Services

Light Speed® Wi-Fi Hotspot, LLC is going to offer varieties of services within the scope of the Internet cafes’ industry in the United States of America. Our intention of starting our Wi-Fi hotspot in Hartsfield – Jackson, Atlanta is to make profits from the industry and we will do all that is permitted by the law in the US to achieve our aim and business goals.

Our business offerings are listed below;

  • Providing fast and secured internet browsing services
  • Providing cheap and secured internet calls
  • Providing fast and secured teleconference services
  • Providing document scanning and photocopying services
  • Sale of soft drinks, coffee and snacks
  • Sale of call cards, and internet bundles from various telecom service providers
  • Providing related internet café advisory and consultancy services

4. Our Mission and Vision Statement

  • Our vision is to become the number one public Wi-Fi hotspot provider in the whole of Hartsfield – Jackson, Atlanta within the first five years of starting the business.
  • Our mission is to build a well-equipped public Wi-Fi hotspot brand that will become the preferred choice for a wide range of clients in and around Hartsfield – Jackson, Atlanta.

Our Business Structure

The success of any business is to a large extent dependent on the structure of the organization and the people who occupy the available roles. Light Speed® Wi-Fi Hotspot, LLC will build a solid business structure that can support the growth of our Wi-Fi hotspot business.

We will ensure that we hire competent hands to help us build the business of our dream. The fact that we want to become one of the leading public Wi-Fi hotspot brands in the whole of the United States of America makes it highly necessary for our organization to deliberately build a well – structured business from the onset.

Below is the business structure that we will build at Light Speed® Wi-Fi Hotspot, LLC;

  • Chief Executive Officer

Manager/Supervisor

Admin and HR Manager

  • Marketing and Sales Executive
  • Customer Care Officer/Help Desk Officer

5. Job Roles and Responsibilities

Chief Executive Office:

  • Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
  • Accountable for providing direction for the business
  • Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
  • In charge of signing checks and documents on behalf of the company
  • Assesses the success of the organization
  • Responsible for managing the daily running of the Wi-Fi hotspot facility, including sourcing equipment, effectively planning and implementing Wi-Fi hotspot strategies and operations.
  • Carries out needs assessments, performance reviews and cost/benefit analyses.
  • Responsible for setting and meeting performance targets for speed, efficiency, sales and quality.
  • Ensures all relevant communications, records and data are updated and recorded.
  • Advising clients on products and services available.
  • Liaises with supervisors, team leaders, operatives and third parties to gather information and resolve issues.
  • Maintains up-to-date knowledge of industry developments and involvement in networks.
  • Records statistics, user rates and the performance levels of the Wi-Fi hotspot and preparing reports.
  • Handles the most complex customer complaints or enquiries.
  • In control of organizing staffing, including shift patterns and the number of staff required to meet demand.

Information Technologist

  • Manages the organization website and server room
  • Responsible for continuous update of our online security platform
  • Ensures that our payment platform is secured 24/7
  • Responsible for installing and maintenance of “Private Automated Business Exchanges” (PABX), telephones, computer software and hardware for the organization
  • Manage logistics, Web servers and POS (point of sale) systems
  • In charge of continuous upgrade and maintenance of IT systems
  • Responsible for generating tickets for the Wi-Fi hotspot
  • Handles any other technological and IT related duties.
  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
  • Defines job positions for recruitment and managing interviewing process
  • Carries out induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Responsible for arranging travel, meetings and appointments
  • Designs job descriptions with KPI to drive performance management for clients
  • Facilitates and coordinates strategic sessions.
  • Works directly with clients in a non-advising capacity, such as answering questions, scheduling appointments and making sure all training concerns are properly taken care off
  • Oversees the smooth running of the daily office activities.

Marketing and Sales Executive (Business Developer)

  • Identifies, prioritizes, and reaches out to new partners, and business opportunities
  • Recognizes business opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of music projects.
  • Accountable for supervising, implementation, advocating for the customer’s needs, and communicating with clients
  • Develops, executes and evaluates new plans for expanding sales
  • Documents all customer contact and information
  • Helps to increase sales and growth for the company
  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
  • Responsible for financial forecasting and risks analysis.
  • Performs cash management, general ledger accounting, and financial reporting for one or more properties.
  • Responsible for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensures compliance with taxation legislation
  • Handles all financial transactions for the company
  • Serves as internal auditor for the company

Client Service Executives/Help Desk Officer

  • Ensures that all contacts with clients (e-mail, walk-In centre, SMS or phone) provides the client with a personalized customer service experience of the highest level
  • Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
  • Manages administrative duties assigned by the manager in an effective and timely manner
  • Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries
  • Distributes mails in the organization
  • Handles any other duties as assigned by the manager

6. SWOT Analysis

Light Speed® Wi-Fi Hotspot, LLC engaged the services of a core professional in the area of startup business consulting and structuring to assist the organization in building a standard and profitable Wi-Fi hotspot business that can favorably compete with other leading public Wi-Fi hotspot brands in the United States of America and the world at large.

Part of what the business consultant did was to work with the management of the company in conducting a SWOT analysis for Light Speed® Wi-Fi Hotspot, LLC. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Light Speed® Wi-Fi Hotspot, LLC.

Our core strength lies in our service offerings, the power of our team and the state-of-the-art Wi-Fi hotspot equipment and software applications that we have.

We have a team that can go all the way to give our clients value for their money. We are well positioned in the heart of Hartsfield – Jackson, Atlanta – Georgia and we know we will attract loads of clients from the first day we open our Wi-Fi hotspot for business.

As a new Wi-Fi hotspot business in Hartsfield – Jackson, Atlanta – Georgia, it might take some time for our organization to break into the market and attract some well – established corporate clients; that is perhaps our major weakness.

Another weakness is that we may not have the required cash to pump into the promotion of our business the way we would want to.

  • Opportunities:

The opportunities in the Wi-Fi/internet café industry are massive especially in Hartsfield – Jackson, Atlanta, and we are ready to take advantage of any opportunity that comes our way.

The truth is that with the advancement of technology and cheaper internet data bundles, it is now easier for organizations to conduct their teleconferences from their office and for individuals to purchase internet bundles and browse on their mobile gadgets.

So also, just like any other business, one of the major threats that we are likely going to face is economic downturn. Another threat that may likely confront us is the arrival of a new and perhaps free public Wi-Fi hotspot in same location where our target market exists and who may want to adopt same Business model like us.

7. MARKET ANALYSIS

  • Market Trends

It is known fact that public Wi-Fi hotspot are a natural evolution of the cyber café. As a matter of fact, cafés started as places for information exchange, and have always been used as places to read the paper, send postcards home, play traditional or electronic games, chat with friends, find out local information.

As internet access is in increasing in demand, many pubs, bars and cafés have terminals, so the distinction between the Wi-Fi hotspot and the cyber café is eroded.

For instance, in some countries in Europe, the number of pure cyber cafés is decreasing since more and more public Wi-Fi hotspot offer the same services. However, there are European countries where the total number of publicly accessible terminals is also decreasing.

Germany is one good example of such countries where publicly accessible terminal is on the decrease. The reason for this trend is a combination of complicated regulation, relatively high Internet penetration rates, the widespread use of notebooks and PDAs and the relatively high number of wireless internet hotspots.

Lastly, while most Wi-Fi hotspots are privately owned businesses, many have been set up to help bridge the ‘digital divide’, providing internet access and training to those without home access. For example, the uk government supported the setting up of 6000 telecentres.

8. Our Target Market

The target market for the Wi-Fi hotspot business is all encompassing because of their service offerings. In view of that, we have created strategies that will enable us reach out to various corporate organizations and individual who we know will need our services.

We have conducted our market research and survey and we will ensure that our Wi-Fi hotspot attracts the kind of clients we would love to work with. Below is a list of the people and organizations that we have specifically market our services to;

  • Corporate organizations (basically for teleconference and similar web meetings)
  • All adults in the locations where our internet café is located
  • Students who would need internet facility to fill forms online and to make photocopies and scan documents
  • Job applicants who would need to fill online applications and to forward their CVs and documents
  • Coffee lovers in Hartsfield – Jackson, Atlanta – Georgia
  • Online gamers in Hartsfield – Jackson, Atlanta – Georgia
  • People with smart phones, tabs and pads who would want to purchase internet bundles and call cards.

Our Competitive Advantage

We are mindful of the fact that there are stiff competitions in the Wi-Fi hotspot industry in the United States of America, hence we have been able to hire some of the best business developers to handle our sales and marketing.

Light Speed® Wi-Fi Hotspot, LLC might be a new entrant into the internet café industry, but we are coming into the industry with core professionals and of course a world-class Wi-Fi hotspot with the latest equipment and software applications in the industry.

Our complimentary services – fully functional business center, coffee and snacks bar will enable us attract loads of customers per time in our facility.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.

9. SALES AND MARKETING STRATEGY

  • Sources of Income

Light Speed® Wi-Fi Hotspot, LLC is established with the aim of maximizing profits in the internet café industry and we are going to go all the way to ensure that we do all it takes to attract our target market. Light Speed® Wi-Fi Hotspot, LLC will generate income by offering the following services;

  • Providing cheap and secured international internet calls
  • Providing document scanning and photocopy services
  • Providing related Wi-Fi hotspot advisory and consultancy services

10. Sales Forecast

One thing is certain when it comes to Wi-Fi hotspot services; it is always cheaper and reliable for small businesses and startups to carry out teleconferencing or web meetings. This goes to show that any Wi-Fi hotspot facility that is well – equipped and well positioned will always attract corporate clients.

We are well positioned to take on the available market in Hartsfield – Jackson, Atlanta – Georgia and beyond and we are quite optimistic that we will meet our set target of generating enough profits from our first six months of operation and grow the business and our clientele base beyond Atlanta – Georgia.

We have been able to critically examine the Wi-Fi hotspot services market, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projection is based on information gathered on the field and some assumptions that are peculiar to startups in Hartsfield – Jackson, Atlanta – Georgia.

Below are the sales projection for Light Speed® Wi-Fi Hotspot, LLC, it is based on the location of our business and other factors as it relates to Wi-Fi hotspot startups in the United States;

  • First Fiscal Year: $140,000
  • Second Fiscal Year: $350,000
  • Third Fiscal Year: $750,000

N.B : This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same services as we do in same location. Please note that the above projection might be lower and at the same time it might be higher.

  • Marketing Strategy and Sales Strategy

Wi-Fi hotspot business is not a business that you have to go out there to retail products which is why we must do all we can to maximize any opportunity that comes our way to attract people to patronize and subscribe to our public Wi-Fi hotspot services.

Our sales and marketing team will be recruited based on their vast experience in the internet café industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the organization. We will also ensure that our excellent service delivery speaks for us in the marketplace; we want to build a standard Wi-Fi hotspot that will leverage on word of mouth advertisement from satisfied clients.

Our business goal is to build our Wi-Fi hotspot business to become the number one choice in the whole of Hartsfield – Jackson, which is why we have mapped out strategy that will help us take advantage of the available market and grow to become a major force to reckon with not only in the Hartsfield – Jackson, Atlanta but throughout Georgia as well.

Light Speed® Wi-Fi Hotspot, LLC is set to make use of the following marketing and sales strategies to attract clients;

  • Introduce our Wi-Fi hotspot by sending introductory letters alongside our brochure to, residents, organizations and key stakeholders in Hartsfield – Jackson, Atlanta – Georgia and other parts of the U.S.
  • Advertise our business in relevant magazines, newspapers, TV and radio stations.
  • List our business on yellow pages ads (local directories).
  • Attend relevant international and local internet café relevant expos, seminars, and fairs et al.
  • Create different packages for different category of clients in order to work with their budgets and still deliver top notch services (for teleconference and web meetings)
  • Leverage on the internet to promote our business
  • Engage in direct marketing approach
  • Encourage word of mouth marketing from our loyal and satisfied clients

11. Publicity and Advertising Strategy

We have been able to work with a brand and publicity specialist to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We are set to take the internet café industry by storm which is why we have made provisions for effective publicity and advertisement of our Wi-Fi.

Below are the platforms we intend to leverage on to promote and advertise Light Speed® Wi-Fi Hotspot, LLC;

  • Place adverts on both print and electronic media platforms
  • Sponsor relevant TV shows and radio programs
  • Maximize our official website to promote our business
  • Leverage on the internet and social media platforms like YouTube, Instagram, Facebook, Twitter, LinkedIn, Snapchat, Google+ and other platforms to promote our business
  • Offer Pro Bono services to non – profits Organizations as part of our community social responsibility
  • Ensure that our we position our banners and billboards in strategic positions all around Hartsfield – Jackson, Atlanta – Georgia
  • Distribute our fliers and handbills in target areas
  • Contact corporate organizations, schools, and startups by calling them up and informing them of Light Speed® Wi-Fi Hotspot, LLC and the services we offer
  • Advertise our public Wi-Fi hotspot business in our official website and employ strategies that will help us pull traffic to the site
  • Brand all our official cars and ensure that all our staff members and management staff wear our branded shirt or cap at regular intervals.

12. Our Pricing Strategy

The nature of internet café services makes it easier for operators in this industry to charge her clients fees based on the number of hours spent or monthly subscription for members; usually this fee is charged based on the discretion of the Wi-Fi hotspot.

At Light Speed® Wi-Fi Hotspot, LLC we will keep our fees below the average market rate by keeping our overhead low. In addition, we will also offer special discounted rates to startups, nonprofits, cooperatives, and small social enterprises who engage our services to help them organize teleconferences or web meetings/webcast etc.

  • Payment Options

The payment policy adopted by Light Speed® Wi-Fi Hotspot, LLC is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Light Speed® Wi-Fi Hotspot, LLC will make available to her clients;

  • Payment via bank transfer
  • Payment with cash
  • Payment via credit cards
  • Payment via online bank transfer
  • Payment via check
  • Payment via mobile money transfer
  • Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our client make payment for our services without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may want to pay for services rendered/subscription fee.

13. Startup Expenditure (Budget)

In setting up any business, the amount or cost will depend on the approach and scale you want to undertake. If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.

This means that the startup can either be low or high depending on your goals, vision and aspirations for your business.

The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked. As for the detailed cost analysis for starting a Wi-Fi business; it might differ in other countries due to the value of their money.

The bulk of the money that is expected to be spent when setting up a public Wi-Fi hotspot business is in the purchase of equipment and of course leasing/renting a standard facility. This is what it would cost us to start Light Speed® Wi-Fi Hotspot, LLC in the United of America;

  • The total fee for incorporating the business in Atlanta – Georgia – $750.
  • The budget for Liability insurance, permits and license – $2,500
  • The Amount needed to acquire a suitable Office facility with enough space for standard public Wi-Fi hotspot facility in a business district 6 months (Re – Construction of the facility inclusive) – $120,000.
  • The cost for equipping the public Wi-Fi hotspot (Wi-Fi hotspot, telephone boxes, headsets, server room, computers, software applications, “Private Automated Business Exchanges” (PABX), printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al) – $170,000
  • The cost of Launching our official website – $600
  • Budget for paying at least 3 employees for 3 months and utility bills – $80,000
  • Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,500
  • Miscellaneous – $1,000

Going by the report from the research and feasibility studies conducted, we will need about $350,000 to set up a medium scale but standard Wi-Fi hotspot facility in the United States of America.

Generating Startup Capital Light Speed® Wi-Fi Hotspot, LLC

Light Speed® Wi-Fi Hotspot, LLC is going to start as a family business that will be solely owned and managed by Lewis Hankins and his immediate family members. Both of them will be the financier of the business, but may likely welcome other partners later which is why they have decided to restrict the sourcing of his startup capital to 3 major sources.

These are the areas we intend generating our startup capital;

  • Generate part of the startup capital from personal savings
  • Source for soft loans from family members and friends
  • Apply for loan from the Bank

N.B: We have been able to generate about $100,000 ( Personal savings $80,000 and soft loan from family members $20,000 ) and we are at the final stages of obtaining a loan facility of $250,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and business structure. If all of these factors are missing from a business, then it won’t be too long before the business closes shop.

One of our major goals of starting Light Speed® Wi-Fi Hotspot, LLC is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running. We know that one of the ways of gaining approval and winning customers over is to equip our Wi-Fi hotspot facility with state of the equipment, technology and software applications.

Light Speed® Wi-Fi Hotspot, LLC will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

  • Business Name Availability Check: Completed
  • Business Incorporation: Completed
  • Renting of Call Facility: Completed
  • Setting up of our Wi-Fi hotspot Facility: In Progress
  • Intellectual Property Protection and Trademark: Completed
  • Opening of Corporate Bank Accounts: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of Insurance for the Business: Completed
  • Conducting Feasibility Studies: Completed
  • Generating part of the startup capital from the founder: Completed
  • Applications for Loan from our Bankers: In Progress
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Drafting of Contract Documents: In Progress
  • Design of The Company’s Logo: Completed
  • Printing of Promotional Materials: Completed
  • Recruitment of employees: In Progress
  • Purchase of the needed Wi-Fi hotspot equipment, software applications, furniture, office equipment, electronic appliances and facility facelift: In progress
  • Creating Official Website for the Company: In Progress
  • Creating Awareness for the business: In Progress
  • Health and Safety and Fire Safety Arrangement: In Progress
  • Establishing business relationship with key players in the industry: In Progress

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Sample Vending Machine Business Plan

Vending machine business plan pdf sample.

Vending machines have been automated to provide vending services to customers. It works only when money is being slotted into it.

Millions of these machines are in the United States and worldwide, each providing a specific range of services.

Some products sold on vending machines include coffee drinks, chocolate bars, and film rental services.

Others include newspaper and book vending machines, and photo booths , among several other uses.

Benefits of a Vending Machine Business

The advantage of having a vending machine is the low cost of operation.

A vending machine eliminates the shopkeeping time, allowing the business owner to do other equally important things with their time, leading to more productivity.

Also, there are lesser cases of mistakes, as the entire system is automated. There are little to no instances of underpaying or overpaying for particular services.

These and so many other benefits are accruable to users of vending machines.

Things to Consider When Starting a Vending Machine Business

As with other businesses, starting a vending machine business requires adequate planning. This is more so with an automated company.

Hence there are several factors to consider before commencing the business. We will start with the following;

  • Ensure it is Compatible with Your Business Idea.

Why so? Because there are business ideas that are not compatible with vending machines. In other words, certain services cannot be offered using vending machines.

Hence, considering if the idea is practicable after bringing up your vending machine business plan is essential.

If it is achievable, then you have satisfactorily answered an important question that can lead to the success of your business idea or its failure.

  • Selecting a Service Niche

Here, it is essential that you carefully consider the niche that most interests you. You cannot start a vending machine business in just about any place.

Randomly choosing a niche that comes to mind may likely lead to failure. This is because by choosing a place of particular interest, you may have good knowledge of how that specific area of vending machine business works.

In a situation where you do not understand things well, learning will be easy as your interest will fuel your zeal to know more. Choosing a niche that comes more naturally to you positively impacts the business.

  • Choose Your Vending Machine Locations

Selecting the locations for your vending machines is an essential criterion for starting this business. Sites have a significant impact on the profitability of vending machines.

Hence, you may want to choose areas with a lot of human traffic. Locating a vending machine in such regions will likely increase patronage/sales. Also, carefully selecting locations for your vending machine business can contribute to the security of the vending machine.

  • Your Products

Product selection is essential. This is similar to having a niche. The only difference, however, is the particular product you may want to vend.

For example, if you want to start a book vending machine business, the book (novel, for instance) will belong to the same niche as the newspaper.

You may want to choose your particular product for your vending machine business to make all your activities streamlined.

Planning your vending machine business out to the minute detail can immensely benefit the company.

  • Low Set Up Cost

By starting a vending machine business, high startup costs are eliminated. These costs are primarily associated with renting/buying a business outlet.

While providing a high-yield business opportunity, the costs associated with starting a vending machine business make it very attractive to investors who do not have the resources to invest in significant portfolios.

  • Freedom of Time

If the human race cherishes anything, it is time to do what they love to do. Starting a vending machine business affords you that opportunity.

The freedom of having to control your own time and destiny is priceless! Being a fully automated business venture, the business owner only needs to load the products into the vending machine and return to collect the money later!

The device does every other work. This is impressive as you could use your spare time to do other things that benefit you.

Vending machine businesses have become attractive ventures to investors the world over. Today, the number of vending machines continues to increase due to this growing popularity in the United States and worldwide.

Also, there is minimal waiting time as there has been immense success in reducing the waiting time.

Customers using vending machines for purchases now spend lesser time waiting for services.

With the advances in innovation, services have become increasingly automated, improving service delivery. The vending machine business is a perfect example of this trend.

It is believed that with the information provided here, significant success will result if these tips are followed.

VENDING MACHINE BUSINESS PLAN EXAMPLE

Here is a sample business plan for starting a vending service business.

Technology has made the world a very comfortable place to live in. As a result, most people will quickly replace any activity that requires some effort with activities that require no effort.

This implies that most individuals will get their drinks and snacks from a vending machine instead of entering a retail store.

This might appear very simple. However, it is very significant. The fact that people would choose convenience over effort means there is a high demand for vending machines.

This, therefore, makes the vending machine business one that is worth going into.

If you want to start a reverse vending machine business, you should know all the requirements by now. Like every other business, a business plan is one of the requirements for starting a vending machine business.

Below is a comprehensive business plan sample for a vending machine business.

How do I start a vending machine business?

Business Name: Jojo and Tata Vending Machine Company

Executive Summary

Our Products and Services

Vision Statement

Mission Statement

Business Structure

  • Market Analysis
  • Sales and Marketing Strategy
  • Financial Plan

Competitive Advantage

Jojo and Tata vending machine Company is a business that dispenses an extensive range of products. It is a business that will be located in Dallas, Texas .

It is owned by Josephine and Taylor, two very prolific businesspeople with over twenty years of experience in the business world. Jojo and Tata vending machine Company already has a relatively large warehouse to house all our machines.

At Jojo and Tata vending machine Companies, we want to make all edibles available to our potential customers. However, we will put more focus on the provision of drinks.

We will ensure that everyone who patronizes us gets a treatment that is second to none.

Jojo and Tata vending machine Company is in this industry to make gains. Although we are looking to make gains, we do not intend to do this at the expense of our customers.

We want to give our customers the best service that can be obtained in the vending machine industry. We want to stock our vending machine with products from some of the top brands in the United States.

Some of the products that we will offer at Jojo and Tata vending machine Companies are;

At Jojo and Tata’s vending machine business, our vision is to set up a company that will be well-known in Texas and the entire United States. Beyond the United States, we also intend to have a strong presence in key cities in Canada.

Our mission at Jojo and Tata vending machine Company is to set up an enterprise providing a broad range of products to those residing in Dallas, Texas.

We intend to also make these products available at prices everyone can afford.

At Jojo and Tata vending machine Companies, we are not just interested in starting a vending machine business; we are interested in becoming one of the biggest in this industry.

We also want to spread the vending business from Texas to other major cities in the United States and beyond.

Unlike being average in this business, being a huge success requires much work. Therefore, to make this happen, we will start by ensuring that we have the needed structures for this to occur.

We will employ only those we consider qualified to run businesses at the highest level. We will also provide a conducive working environment for all our workers.

Market Analysis Market Trend

The retailing industry is not new to anyone.

However, there is rapid innovation in this industry. This rapid innovation is a result of the rapid rise in technology. The increase in technology has brought about the prominence of vending machines in the retail industry.

Vending machines are not just prominent at the moment; they have also come to stay. This is because they make life easier for people and offer lower prices.

This makes people spend less money in the long run.

Our Target Market

The vending machine industry is an industry that caters to the needs of virtually everyone.

This, therefore, means that we can offer our services to almost everyone. However, we have chosen a target market to achieve our aim of starting up this business.

Those that make up our target market include;

  • Business Executives

Here is how to secure contracts in this industry.

Financial Plan Source of Startup Capital

We are looking to start our vending machine company on a large scale.

As a result of this, we will need $100,000 to set up our vending machine company. We already have half of this amount. We are looking to get the remaining amount from the bank.

This business has a high level of competition because not very much is needed to start it.

We will stock our vending machines with an extensive range of products to stand out from the crowd. Our prospective customers will always get whatever they need from our vending machine.

This is a vending machine business plan sample for Jojo and Tata vending machine Company. It will be located in Dallas, Texas, and set up with $100,000.

Related posts:

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FILIPINO BUSINESS HUB

10 Profitable Vending Machine Business Ideas for Entrepreneurs in the Philippines

10 Profitable Vending Machine Business Ideas for Entrepreneurs in the Philippines

The Philippine vending machine industry has experienced phenomenal growth over recent years, providing entrepreneurs with numerous business opportunities. As Filipinos seek products that are convenient and accessible, vending machines have become popular among Filipinos. But not all vending machine businesses are created equal, and entrepreneurs should carefully select a practical vending machine business idea to guarantee its success.

Table of Contents

In this article, we will present ten profitable vending machine business ideas for entrepreneurs in the Philippines. No matter the vending machine business you choose – from coffee vending machines to toy vending machines – this article provides the following:

  • An overview of potential profitability and market demands.
  • Tips for success.
  • Valuable insights to assist in selecting the ideal vending machine business venture for yourself.

10 Profitable Vending Machine Business Ideas in the Philippines

1. coffee vending machines, overview of coffee vending machine business.

Coffee is one of the world’s favorite beverages, and its popularity is no different in the Philippines. Running a vending machine business offers entrepreneurs an ideal opportunity to break into this field of business, giving customers access to their preferred brew without needing to visit physical locations like coffee shops and restaurants.

Popular Coffee Options in the Philippines

Filipinos enjoy various coffee beverages, ranging from traditional Barako to iced coffee drinks. Some of their most popular choices include 3-in-1 coffee mixes, brewed coffee, and specialty beverages.

Potential Profitability and Market Demand

Coffee vending machines have a high potential for profitability due to the increasing demand for coffee and convenience. Vending machines are perfect for high-traffic areas like offices, schools, and hospitals, where their use brings customers through regularly. Furthermore, Filipinos increasingly turn to these vending machines as fast and accessible options for coffee consumption.

Tips for Success in Coffee Vending Machine Business

To be successful in the coffee vending machine business, it is crucial to choose a high-quality machine capable of offering various coffee choices and be placed strategically near high foot traffic areas at competitive prices. Furthermore, regular maintenance and restocking must occur to keep customers coming back. Finally, providing excellent customer service also contributes to building customer loyalty and repeat business.

2. Snack Vending Machines

Overview of snack vending machine business.

Entrepreneurs in the Philippines often turn to snack vending machine businesses as another viable venture option. Snack vending machines offer a range of snacks ranging from cookies and chips to healthier offerings such as nuts and fruit; such vending machines can be placed in offices, schools, and public areas alike.

Popular Snack Options in the Philippines

When it comes to snacks in the Philippines, there is no shortage of choices to be had from vending machines! Some of the most beloved options in this regard include chips, cookies, chocolate bars, nuts, and dried fruits – as well as many others!

Snack vending machines possess high potential for profitability due to an ever-increasing need for snacks and their convenient placement in high-traffic areas like office buildings, schools, or public areas, providing them with steady customers. Furthermore, market demand is rising as more Filipinos search for fast and accessible snacking options.

Tips for Success in Snack Vending Machine Business

For maximum success in the snack vending machine business, it is vital to offer a selection of snacks that cater to varying tastes and preferences, placing it strategically in high-traffic areas with a high concentration of potential customers, having competitive prices with regular maintenance/restocking cycles as well as providing superior customer service – these all contribute to customer loyalty and repeat business. Including healthy snack options may appeal more directly to health-conscious customers while differentiating your business from competitors.

3. Candy Vending Machines

Overview of candy vending machine business.

Candy vending machine businesses in the Philippines can be profitable venture for entrepreneurs. Candy vending machines provide delicious sweet treats such as gummies and hard candies and can be placed anywhere, such as malls, supermarkets or public areas, for optimal profitability.

Popular Candy Options in the Philippines

Filipinos love sweets, and there are numerous tasty candy choices that can be found in vending machines across the Philippines. Some of the most beloved options include chocolate bars, gummy candies, hard candies and lollipops – among many more!

Target Audience and Market Demand

Candy vending machines appeal to a broad audience, including children, teenagers, and adults. Their popularity among Filipinos is increasing quickly as more seek easy and quick access to their favorite sweets.

Tips for Success in Candy Vending Machine Business

In order to achieve success in the candy vending machine business, it is crucial that the products sold are fresh and of superior quality. Regular maintenance and restocking must take place to maintain product freshness and variety; additionally, it is key that options for different tastes and preferences be offered at competitive prices, ensuring customer retention and repeat business.

4. Water Vending Machines

Overview of water vending machine business.

Water vending machines, also known as Automatic Tubig Machines (ATMs), provide customers with convenient and economical drinking water access. Therefore, establishing such vending machine businesses in areas lacking clean drinking water can be highly profitable in the Philippines.

Increasing Demand for Clean and Affordable Water

Demand for clean, affordable water in the Philippines has increased due to population growth, industrialization, and environmental degradation. Water vending machines provide an affordable solution by offering an alternative to bottled water at lower costs.

Addressing Health and Sanitation Concerns

Water vending machines can also play an integral role in addressing health and sanitation concerns in the Philippines. Many Filipinos still lack access to safe drinking water sources, leading to waterborne disease outbreaks. Water vending machines use advanced filtration technologies that ensure only safe water is dispensed from their machines.

Strategies for Ensuring Profitability

To ensure profitability for water vending machine businesses, it is critical to identify locations with high traffic counts that have an increase in demand for clean drinking water. Offering competitive pricing and providing excellent customer service will also help attract and keep customers. Furthermore, regular maintenance and cleaning of the machines should ensure they provide safe drinking water to consumers.

5. Wifi Vending Machines

Overview of wifi vending machines.

Internet connectivity has become an essential service in modern society, and Wifi vending machines provide customers with convenient means to access it while on the go. Therefore, Wifi vending machine business opportunities in the Philippines may present themselves in areas that demand high internet connectivity services, such as campuses.

Growing Need for Internet Access

Internet access has become an indispensable asset to life in urban areas of the Philippines, where many rely on it for work, communication and entertainment purposes. Wifi vending machines offer an economical alternative to traditional internet service providers that meets this need.

Identifying Profitable Locations and Target Audiences

To ensure profitability in the Wifi vending machine business, it is critical to identify high-traffic areas with an increased demand for Internet connectivity, such as shopping malls, airports, sari-sari stores , plazas and business districts. In addition, targeting specific demographics, such as students, bystanders or professionals, can also help attract and keep customers.

Ensuring Reliable and Fast Connection

To ensure customer satisfaction and repeat business, vending machine wifi connections must remain reliable and fast. To achieve this objective, regular maintenance, upgrades, monitoring, and resolution of technical issues should take place, as well as providing superior customer support – this way, a loyal customer base will form over time.

6. Dishwashing Liquid Vending Machines

Overview of dishwashing liquid vending machine business.

Vending machine businesses offer customers an eco-friendly and convenient method for purchasing cleaning supplies. Therefore, they could prove lucrative ventures in areas with high demands, such as the Philippines.

Target Market and Potential Profitability

Dishwashing liquid vending machines target households, restaurants, and other businesses that require regular cleaning. Their profitability may be increased by providing various cleaning products like dishwashing liquid, hand soap, and all-purpose cleaners to increase profit potential.

Ensuring Quality and Safety of Products

To ensure customer satisfaction and safety, vending machine products must be high-quality and safe for use. To do this, select quality manufacturers who comply with relevant safety standards.

Strategies for Product Promotion and Marketing

Vending machine offerings must be promoted and marketed effectively to attract and retain customers. This can be accomplished through labeling/packaging practices and promotions/discounts designed to encourage repeat business. In addition, placing vending machines near high-traffic areas such as grocery stores or public transportation hubs will increase visibility and help draw in customers.

7. Drinks Vending Machines

Overview of drinks vending machines business.

Drinks vending machines provide customers with an efficient and accessible method for purchasing beverages, making the drinks vending machine business an excellent venture in areas with high demands for refreshing drinks, such as the Philippines.

Popular Drink Options in the Philippines

Popular beverage choices in the Philippines are carbonated soft drinks, bottled water, iced tea, and energy drinks – it is important to provide a variety of beverages to meet all preferences and tastes.

Catering to Different Preferences and Tastes

To successfully attract and retain customers, businesses must offer drinks tailored to diverse preferences and tastes – from sugar-free or low-cal options for health-conscious customers to novel or trendy beverages aimed at young consumers.

Importance of Hygiene and Sanitation

Maintaining hygiene and sanitation are paramount in the drinks vending machine business to ensure customer safety and satisfaction. Therefore, vending machine components and parts must be regularly cleaned, sanitized, and replenished with fresh products with expiration dates clearly displayed to build customer trust and satisfaction.

8. Tissues and Napkins Vending Machines

Overview of tissues and napkins vending machine business.

Tissues and napkins vending machines provide customers with easy access to personal hygiene products, making this business profitable in areas such as schools, hospitals, malls, and public restrooms where demand for these items is high.

Tissue and napkin vending machines target individuals seeking quick and convenient ways to meet their hygiene needs quickly. In addition, these machines generate steady revenue with minimal overhead expenses, making them an excellent business venture opportunity.

Popular Products and Inventory Management

Vending machines typically stock widespread tissue and napkin items such as tissues, napkins, sanitary pads, wet wipes, and toilet seat covers as part of their inventory management strategies. Restocking regularly, as well as monitoring expiration dates, is key to maintaining an orderly system; providing variety can attract more customers and boost sales.

Ensuring Product Safety and Quality

To ensure product safety and quality, it is critical that products come from reliable suppliers and are regularly inspected and cleaned on vending machines. In addition, displaying expiration dates and product information can further build customer trust in what’s offered.

9. Ice Cream Vending Machines

Overview of ice cream vending machine business.

With such a warm climate in the Philippines, ice cream has long been a treat enjoyed by both locals and tourists. Ice cream vending machines allow entrepreneurs to tap into this demand for frozen treats by providing convenient and accessible ways for people to indulge.

Favorite Ice Cream Flavors in the Philippines

Filipinos have an insatiable sweet tooth and numerous popular ice cream flavors here. Some of the more beloved local options include Ube (purple yam), Mango, Chocolate, and Cheese, as well as local tastes such as Avocado, Coconut, and Jackfruit for adventurous customers.

Seasonal Considerations and Market Demand

Ice cream consumption tends to vary by season in the Philippines. Summer tends to be the peak season due to its hot climate; however, demand remains steady year-round in high-traffic locations such as malls, amusement parks, and tourist spots.

Tips for Maintaining Product Quality and Freshness

To maintain product quality and freshness, the vending machine must be regularly maintained, with temperature monitored closely to prevent melting or freezer burn. In addition, offering a variety of flavors can attract customers while encouraging repeat business.

10. Toy Vending Machines

Overview of toy vending machine business.

Toy vending machines provide children with an enjoyable and interactive way to access new toys while their parents run errands or shop. As a result, their popularity has steadily grown across the Philippines, creating an excellent business opportunity.

Target Market and Market Demand for Toy Vending Machines

Toy vending machines have long been popular with children, making them popular at malls, amusement parks and other public locations. Filled with miniature figurines, plush toys and novelty items – toy vending machines have quickly become staples in many commercial settings due to their convenience and entertainment value.

Strategies for Selecting and Maintaining Inventory

To ensure the success of a toy vending machine business, entrepreneurs must select inventory that aligns with the interests and preferences of their target market. Exploring the latest toy trends while working closely with manufacturers can keep entrepreneurs ahead of the competition; routine maintenance and replenishment ensure machines remain fully functional while offering exciting toys at all times.

Importance of Product Safety and Quality

Regarding children’s toys, safety and quality should always be a priority. Entrepreneurs must ensure that any toys offered through vending machines comply with safety regulations and don’t pose any health risks for young users. In addition, offering high-quality toys helps establish loyal customer bases and build up a positive image for businesses.

In conclusion, the vending machine industry in the Philippines is an attractive and profitable business venture for entrepreneurs. The demand for convenient and accessible products and services continues to grow, providing ample opportunities for business owners to tap into various niches.

Selecting a compelling vending machine business idea is critical to its success. Entrepreneurs should carefully consider factors such as target market, product demand, inventory management, product safety, and quality to maximize profits and expand their business. By doing so, they can increase both their profits and revenue.

We encourage aspiring entrepreneurs to carefully consider these ten profitable vending machine business ideas and choose the one that best fits their interests and resources. Then, with the right strategy and approach, starting a vending machine business in the Philippines can be highly rewarding and profitable.

IMAGES

  1. Vending Machine Business Proposal Template, EDITABLE Business Plan in

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  2. Vending Machine Business Plan Template [Updated 2022]

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  3. PISO WIFI VENDO MACHINE

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  4. Pi-Wi Piso Wifi BUSINESS PLAN.pptx

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  5. Piso Wifi Business in the Philippines

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  6. EP#19 PISO WIFI VENDO MACHINE BASIC DIAGRAM SETUP (iwifi system)

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VIDEO

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  6. Piso wifi Vendo machine one month Income #viral

COMMENTS

  1. How to Start a Piso Wifi Vendo Business: A Step-by-Step Guide

    Here are the main steps involved: Choosing the Right Piso Wifi Vendo Machine Various Piso Wifi Vendo machines are on the market, from basic models to more complex options with advanced features.

  2. Wi-Fi Kiosks Business Plan Example

    Wi-Fi Kiosks Business Plan Start your own wi-fi kiosks business plan Stroll Net Executive Summary Stroll Net will provide a unique forum for communication and entertainment through the medium of public Internet access.

  3. Vending Machine Business Plan Template [Updated 2024]

    Your business plan should include 10 sections as follows: Executive Summary Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan. The goal of your Executive Summary is to quickly engage the reader.

  4. How to Start a Piso WiFi Business: Everything You Need To Know

    (*Ahem, insert full-time moms here). Before Starting on How to Start a Piso WiFi Business Now that we have established the need for the internet and the gap in that need in the Philippines, you should do market research. All vending businesses, in general, are heavily reliant on the machine's location.

  5. Vending Machine Business Plan Template + Guide

    What Is a Vending Machine Business Plan? Why You Need a Vending Business Plan How to Buy Vending Machines Vending Machine Business Plan Template What Should I Include in a Vending Machine Startup Business Plan? Executive Summary Company Analysis Vending Machine Industry Analysis Customer Analysis Competitive Analysis Marketing Plan Operations Plan

  6. Piso WiFi Business: How to Start, Costs and Profits

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  7. Wi-Fi Kiosks Business Plan

    4.1 Market Segmentation Stroll Net's clients can be described as individual business owners and medium to large companies that provide a services to tourist and business travelers alike as well as students and everyday Internet users. Such clients include, but are not limited to; airports, hotels, truck stops and coffee shops.

  8. Feasibility Study at J2KLC Wifi Vendo Machine in 591 Bagbag St

    The researchers studied the product, price, place, and promotion of the product. According to the results of the survey after completing the feasibility study of the proposed business, the researchers concluded that the establishment of the J2KLC Wi-fi Vendo machine is feasible and will be viable based on different studies.

  9. Build your WI-FI hotspot with our opensource JuanFI System

    JuanFI Developer. The goal of JuanFI is to build and deploy many WI-FI vendo machines to be able to cover those that have limited or no access to the internet, especially those living in remote areas. By this, JuanFI was built as an open-source system. The more vendo machines we deploy the more we can reach each corner of the world and more ...

  10. A Guide to Understanding Piso WiFi: 5 Things You Need To ...

    Piso WiFi Is A Relatively New Business In The Philippines. It is a self-service coin-operated Internet system that caters to people trying to stay connected while on the go. Piso WiFi offers free WiFi access and a fast internet connection, and all you have to do is pay ₱1 per hour or ₱20 for 5 hours! It's possible to operate a Piso WiFi for ...

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  13. Pi-Wi Piso Wifi BUSINESS PLAN.pptx

    Pi-Wi Piso Wifi BUSINESS PLAN.pptx - PISO WI-FI VENDO MACHINE BUSINESS PLAN I. EXECUTIVE SUMMARY • PI-WI is a start-up business established by | Course Hero efficiency, sales and quality. End of preview Want to read all 32 pages? Upload your study docs or become a member. Related Q&A

  14. WiFi Hotspot Business Plan [Sample Template]

    1. Industry Overview A hotspot is a physical location where people may obtain internet access for free or at a fee, typically using Wi-Fi technology, via a wireless local area network (WLAN) using a router connected to an internet service provider. Public hotspots may be created by a business for use by customers, such as coffee shops or hotels.

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    Vending Machine- Piso Wifi for Business.docx - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free.

  16. Sample Vending Machine Business Plan

    Conclusion. This is a vending machine business plan sample for Jojo and Tata vending machine Company. It will be located in Dallas, Texas, and set up with $100,000. Download PDF. Required fields are marked. Vending machines have been automated to provide vending services to customers.

  17. Piso Wifi Vendo Machine.docx

    Statements 10 Appendix 13 Profit and Loss Statement 13 Balance Sheet 15 Cash Flow Statement 17 PISO WIFI VENDO MACHINE P CONFIDENTIAL - DO NOT DISSEMINATE.This business plan contains confidential, trade- secret information and is shared only with the understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.

  18. PROPOSED PLAN FOR...

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  19. Where to Buy the Best Piso WiFi Vendo Machine in the Philippines for

    If you plan to open a Piso WiFi Vendo Machine business in the Philippines, selecting your supplier is one of the most crucial decisions you must make. There are so many suppliers to choose from; finding one suitable may seem daunting. Here are some essential factors to keep in mind when making this selection: 1.

  20. PI-Wi Piso Wi-Fi BUSINESS Plan.doc

    BUSINESS PLAN I. Executive Summary A. Business Name: PI-WI (Piso-Wifi) Vendo machine B. Name of the Proponents: o Micheal Angelo Ibayan Tatel o Wilmel Quintal o Michael Ira Benedicto o Alfred Samonte Popa o Mikaella Tarnate o Althea Marie M. Geromo o Dominic Fajardo C. Project Location: Manambrag, San Andres, Catanduanes (Remote Areas with low and unstable internet connection) D. Business ...

  21. I'm thinking of getting a Piso-Wifi Vendo machine what plan ...

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  22. How to build a piso wifi vending machine

    This video is part 2 on How to build a wifi vending machine. It shows how I assembled everything inside the actual vending box. You will also see my demo on ...

  23. 10 Profitable Vending Machine Business Ideas for Entrepreneurs in the

    Overview of Wifi Vending Machines Growing Need for Internet Access Identifying Profitable Locations and Target Audiences Ensuring Reliable and Fast Connection 6.