Pay Per Lead Affiliate Programs and Networks

Pay per lead affiliate programs and networks bring advertisers and affiliates together. There are possibly 100’s of good reasons why both advertisers and affiliates can benefit from signing up to a network, but in this article we will focus solely on the 5 top reasons why affiliates benefit from being part of an affiliate network.

Campaign Selection

An affiliate network gives affiliates access to 100’s of niche merchant’s products and services. The network uses its time and resources to find the clever publishers who have figured out new ways to drive converting traffic. It also provides a greater variety of top performing, reputable campaigns and pay per lead affiliate programs.

In this way, affiliates will easily get exposed to upmarket products such as banner rotations. With a single affiliate network, affiliates can easily work with multiple advertisers, multiple offers and multiple payment style options such as pay per click, pay per lead, pay per impression, etc. all under one umbrella, the affiliate network.

One Single Relationship

The relationship between the advertiser and the affiliate is of utmost importance. These relationships are necessary for structuring increased commissions (if the affiliates volume increases), in advertisers delivering affiliate-specific content, and in the advertiser and affiliate working together to assist the affiliate in maximizing the traffic to his site.

The affiliate only deals with one advertiser, namely the affiliate network, rather than each of the merchants individually. This frees up a lot of space on the affiliates calendar since the affiliate does not have to use any time building relationships with anyone except their affiliate network manager. Affiliate marketing is about relationships, and that is then all taken care of by the affiliate network. The affiliate network will provide top quality support and a great training area for the affiliate to build up their skills, learn and grow.

Real Time Tracking

Testing and comparing each and every change and idea is fundamental for taking an affiliate’s business from strength to strength. The most important tool for testing is real time tracking. This allows the affiliate to know immediately how their new idea is translating and helps to guide the affiliate as to whether it is an idea worth pursuing.

The software to track impressions, clicks, leads and sales for each campaign can be both pricey and require a lot of upkeep. The network will provide this service for free to their affiliates. The network will also provide affiliate with advanced reporting tools for checking their stats, graphs for analyzing trends, and even cookie testing capabilities for monitoring fraud.

Risk of Payment

Every advertiser has an element of risk as to whether you will actually receive the payments from them. As many companies can be virtual or on the opposite side of the world from where the affiliate is based, it is often very difficult to avoid doing business with dishonest advertisers.

This means that no matter how much revenue the affiliate generates, some advertisers will never pay the affiliates. Joining an affiliate network gives the affiliate much stronger protection. The network will have built strong relationships with a number of the advertisers it works with and thus there is minimal chance the affiliate will not get paid.

Monthly, Correct Payments

Affiliate networks ensure all payments are checked and paid monthly (or as alternatively agreed). This means that the affiliate does not have to waste valuable time checking and reconciling the advertisers’ figures.

The role of an affiliate is to maximize the traffic to their site and provide rich and useful content to their site. This keeps an ever growing visitor base arriving at their site, and ensures the visitors look around the site before exiting the site.

An affiliate network encourages the affiliates to concentrate on these vital functions by assisting the affiliate in maximizing the spend of each visitor the affiliate attracts.

Want to become a successful affiliate in just 7 days? Contact me and ask for my free 7 Day Action Plan.

Gumball Vending Machines (A good business idea?)

Would you like to start a gumball vending machines business? In this complete guide, I’ll walk you through everything you need to run your own operation. At the end of the guide I’ll give you my verdict on whether or not this is a good business idea.

Owning a gumball vending machine business looks like a great way to start making some passive income quickly. There will always be a market for the candy machines as long as there are kids (and adults) who like sweet treats and bubble gum.

So let’s get right into it.

The basics

Before you do anything about starting a vending business in the United States, you need to get some basic questions answered. Like any business, there is some risk involved in running a gumball vending machines business. So before you commit to anything when it comes to candy machines, think about the following.

Is a gumball vending machines business for you?

It’s a sensible question. If it isn’t you could be facing years of trouble chasing a business that just won’t work for you. There is a lot of hard work in running an operation like this, so you need to think about:

  • Do you need to earn some extra money? This is not as straightforward as it sounds. You will have to work hard and invest both time and money into the business. If you really need to earn extra money, that’s fine. But your need has to be great enough to make the kind of sacrifices required
  • Do you know where you would place a machine? Have you spoken to local businesses that might like a machine inside or outside their premises? If you haven’t, would you be comfortable and confident enough o approach business people?
  • Have you got the time for basic maintenance of each machine you own?
  • Do you know what the costs are for the business and can you manage these (especially in the early days?)
  • Would your local area benefit from such a machine? Are there many around?

It’s important to take the next few steps very carefully. A well-planned business leads to good execution.

Find a supplier of gumball vending machines

Before you start launching into a huge list of suppliers, know that there may be a few duds in there. It took me some time to find a supplier I would trust with my money.

After looking at the various options online, I found a site called Gumball.com. I’m not an affiliate, so don’t worry. This is a genuine site I found that offers a good range of brand new commercial gumball machines and stock for the machines. It also has a handy set of resources too. 

It also has contact details and a guarantee. These two aspects are what I always look for first when choosing a candy vending machine supplier. The company is in California.

I’ve also taken a snippet from the site’s FAQ section to show how it calculates profit:

How much money will a gumball machine make?

Revenue varies from machine to machine. The success of your machine will be dependent upon one key factor: location. The higher the traffic area & the right kind of clientele for the product you’re vending, the more product you will sell. The products themselves have different rates of return. Gumballs will typically have the highest rate of return.

Example: one case of gumballs will make $220 in profit?

Here’s how…

– Buy one case of gumballs (1080 pieces) = $50 product cost

– Sell one case of gum or 1,080 pieces x 25 cents each = $270 revenue

– $270 revenue – $50 product cost = $220 Profit in your pocket

From Gumball.com

I’m not going to go into suppliers much more in this post, but suffice to say, when sourcing machines, due diligence is important. The best way to make sure you are buying from reputable suppliers is to contact them. 

Supplier list:

Candymachines.com

Gumball Machine Factory

Gumballs.com

Toy Vending Supplier (Europe)

The above suppliers seem to have a wide range of machines, including carousel gumball machines and other candy dispenser units. There are also giant gumball machines as well as classic machines that you will remember from your childhood.

Look at the foot traffic 

Unless you have a clear idea of the foot traffic in the area where you are planning to install your gumball vending machines, as a business owner you could be setting yourself up to fail. 

You could simply just hang around the area for a while and see how many people pass through. But there are other ways to do it.

I’ve pulled together a small list of sites that can help you zero in on the foot traffic and/or general demographics for your local area. Use these to start your search for a good place to set up shop with your machine.

Placer 

This site focuses on existing businesses (like stores etc.) so you can gain a good idea of which places are best for foot traffic.

Area Vibes 

Here you will find demographic data so you can take a look at the lifestyle of a local area. Good for a general view of the people in a place or zip code.

Location One

Plenty of information here. Some has to be paid for though, but probably one of the best and most detailed services.

Tips on finding locations

This is perhaps the most difficult part for some entrepreneurs. But you won’t get the best results unless you take a proactive approach to finding high traffic areas for your candy machines. 

So let’s get into it.

Now that you are committed to building a gumball machine business, it is important that you stay on the lookout for good locations. Foot traffic is key, but if you see a gumball machine somewhere, it may be worth thinking being somewhere near that location or place of business. It’s usually a good bet that people are used to buying candy from machines in that area.

There are some locations that I have found to be particularly effective for gumball machines. For example, you could investigate:

  • Shopping malls
  • Bowling alleys
  • Restaurants
  • Movie theaters 
  • Colleges
  • Coffee shops
  • Office buildings

Arranging to install

Tell the owner of any establishment you’re planning to set up in that you’ll completely service the gumball machine, bouncy balls machine or candy machine in their store when you set it up. 

Let them know that the machine doesn’t require electricity, takes up less than two square feet of floor space, and will provide great service to their customers. Plus, they get a cut of your sales (anywhere from 15% to 33%).

Create a written agreement describing your agreement with the location and offer a commission. You could offer the location manager a percentage of what the vending machine makes. It’s hard to tell how much money a machine will make until it’s operational.

iKrave Vending

By offering a percentage, you won’t lose all your earnings if your machine doesn’t work. Your written agreement has to be of high quality and it may be worth seeking some professional service provider to create this.

After setting up the first machine, find another location and repeat the process.

Choose what to vend

After taking care of all of the above, it’s now time to work out what you are going to fill your machines with. Later, you can even branch out into bouncy balls vending (they’re great fun) but focus on the candy first.

The most popular size for a gumball from a machine is one inch. This does mean that you will have to make sure that whatever machine you buy has a dispensing wheel on it for those 1-inch gumballs. Machines will come either with a gumball wheel or a candy dispensing wheel. You can sometimes even have both and change them when you need to.

When it comes to the one-inch gumballs inside the machine, you have a huge variety of choices available to you. A couple of pointers though. Don’t buy chocolate candy if your machine looks like it will be exposed to sunlight. This is a beginner mistake. 

Also, be aware that it may be a little while before you find the candy that sells well in the area you have chosen. Be ready to spend a bit on experimenting and testing your gumball vending machines. You can purchase bulk candy and it won’t be too expensive so you can test as much as you need to. Search around if you’re worried about cost for the lowest possible prices.

You can buy hard shell candies that will do well even in the harshest of sunlight, but just check with the supplier to make sure they can manage the heat just to be sure.

The break-even amount

Once you have the machine and location, as well as your bulk candy, it’s time to work out the costs involved and the break-even amount. 

Here are the numbers you’ll need:

  • A- The total cost of getting the candy to you (price of candy plus shipping).
  • B- Amounts accepted by your coin mechanism (.25, .50, others)
  • C- The number of pounds of candy you are getting 
  • D = The number of pieces of candy in a pound (found by searching Google)

Calculating the result:

  1. Take A and divide it by B. You will get the number of vends needed to break even = E
  2. Multiply C by D. Using this figure, find the total number of pieces in the candy box = F
  3. Take F and divide it by E. That’s the number of pieces per vend that will break even.

Toy capsule machines

As an additional idea, toy capsules are great fun. There are plenty of options out there for toy capsule machines that come in bright colors and really grab the attention of people passing by. It is well worth considering adding to your gumball machines business with some toy capsule machines as your business grows.

Gumball vending operator spotlight

Before I finish up, I thought I’d take a look at a couple of companies that offer machines and replacement parts.

Global Gumball

This company has been operating for a while (since 1993) and has a huge range of machines and replacement parts. I’ll let them introduce themselves:

We are, Global Gumball, inventor of the original Wizard spiral gumball machines. We have been manufacturing the original Wizard spiral machines since 1993 and are known worldwide for our quality and our professionalism. For years our company has lead the bulk vending industry with unique high quality products. Customers and partners have entrusted their businesses to our machines. All Wizards are manufactured and assembled in the USA.  Most of the components are produced in the USA.  Global Gumball obtains some components from only the best suppliers, such as, Beaver Vending and Oak Mfg.

Global Gumball website.

Rhino Supreme Bulk Vending Machines

Rhino has a huge range and plenty of support. They say:

See what makes our bulk vending machines the best in the industry. From metal sheet fabrication to metal alloy casting, from durable powder coating to elegant chrome finishes, we do it all.

Rhino website

So is a gumball vending machines business worth it?

Like all business ideas, good planning and discipline pay off. If you don’t choose a good location for your gumball vending machines, you only have yourself to blame. If the location is good and you look after the machine, it will make money.

It really is all down to location. I could place a $100 machine outside a car dealership and make $2 a week. Or, I could install one in a shopping mall and make $200 a week.

My advice? Test it. Buy one and research your location well. Then install it and wait and see. After a month, even if it’s made just $50 you’re breaking even after two months. Once you’re in profit, buy another.

They don’t go out of style, and they make money all year round.

Just remember. It’s all about location.

Want to know about setting up your own ice vending machine business? Head on over to this post right here.

How much does it cost to franchise a Starbucks (in 2022)?

Do you want to run your own business? Would you like to run a Starbucks? In this post I go into depth on the options available to entrepreneurs.

Contents:

How much does it cost to franchise a Starbucks?

The Starbucks coffee company brand is huge. There are over 32,000 Starbucks stores worldwide at time of writing, making it the biggest and most successful coffee chain in the entire world. Having a piece of that as a franchisee is obviously an attractive prospect. 

There are many benefits to the franchise model. It’s a quick way to build a successful business, and you have plenty of support from the brand. In this post I will take a close look at Starbucks and it’s franchise options. If you’re interested in hospitality franchises, this one’s for you.

How much does it cost to franchise a Starbucks: What is the Starbucks Experience?

The Starbucks Experience is a way of serving coffee essentially. If you remember the last time you were in a Starbucks, it probably all seemed rather effortless. However, employees are expected to promote the ‘experience’ by focusing on the three P’s:

  1. People. This refers to the Baristas and their relationship with customers
  2. Place. This is all about the place, right down to the unique coffee smell
  3. Product. This refers to the coffee (obviously) as well as the merchandise in the store

The concept is all about the Starbucks values. These were established when Howard Shulz, original CEO of Starbucks, set up the company.

How much does it cost to franchise a Starbucks in 2022?

The first thing you need to know is the bad news. If you live in the United States or Canada you can pretty much forget owning a franchise with this company. Starbucks just won’t let it happen. Instead, the company likes to offer licenses to business owners, rather than franchises.

In 2003, Starbucks CEO Howard Schulz, discussed the rationale behind the approach:

“We believed very early on that people’s interaction with the Starbucks experience was going to determine the success of the brand. The culture and values of how we relate to our customers, which is reflected in how the company relates to our [employees], would determine our success. And we thought the best way to have those kinds of universal values was to build around company-owned stores and then to provide stock options to every employee, to give them a financial and psychological stake in the company.”

Entrepreneur.com

You have more of a chance of franchising a Starbucks in the United Kingdom, where there is a different approach.

So where does that leave The United States and Canada?

Starbucks hasn’t abandoned entrepreneurs. It has a number of different ways for people to get their hands on a slice of the business. 

Seattle’s Best Coffee

Starbucks bought this back in 2003, and it is just one of the ways in which you can capitalize on the brand as an entrepreneur.

Seattle’s Best Coffee has stores and machines all across the United States, and the number of locations is rising. While it may not be considered ‘Starbucks coffee’ it has the full backing of the company. It is generally seen as a great way to start a business with lower costs and little risk.

This coffee is served in businesses too, including retail (You’ll find them at KFC, for example) and there are Seattle’s Best Coffee business units on university campuses and public buildings. 

The marketing and training support is phenomenal, with Seattle’s Best Coffee offering:

  • Messaging and marketing tactics.
  • Marketing ideas to drive sales and trial/repeat purchase.
  • Full line of branded cups (hot and cold) to get the “word out” on your offering.
  • SBC van to drive awareness and trial when you need it.
  • Live launch training
  • Online training support
  • Webinar support
  • Video library

(All information taken from Starbucks Branded Solutions)

This is a franchise opportunity, and as regards franchise fees and other costs, you will need:

  • At least $125,000 in liquid capital
  • A minimum net worth of $1 million
  • A full investment of between $180,000-$445,000

This is a more affordable option compared to a licensing agreement.

iKrave Vending

How much does it cost to franchise a Starbucks: Licensed Stores

This is where you get to run a Starbucks coffee house. While you may not be a franchise owner, it at least allows you to run it as a business.

This option is overseen by Starbucks. The company will set you up as a licensed seller of the food and beverages, and do a number of things that will get you started. According to the company website, you will receive:

  • Unrivaled, customizable store design (you will still have to follow the core Starbucks aesthetic to a degree, chosen from their 18 designs)
  • Starbucks menu, equipment, training and support
  • Seasonal promotions
  • Proprietary equipment and fixture package
  • Exclusive Starbucks® food and bakery programme
  • Whole bean packaged coffee and comprehensive merchandise assortment
  • Ongoing expertise, consulting and support including onsite visits

So why do Starbucks only offer licenses?

That’s the way things are in the US and Canada. The general feeling is that Starbucks seems to want to have complete control over the product and the brand image in these two countries. And fair enough, it did all start in Seattle.

A licensed coffee shop is controlled by Starbucks. Entrepreneurs who take on this particular challenge and have their own Starbucks coffee shop will need to understand that the coffee retailer has high standards. Each store is very much held to the exact same high standards and product quality that you would expect from the corporate office.

The company has also been able to grow its store count by offering a diverse selection of products to a diverse group of coffee buyers. Starbucks distinguishes itself from its competitors by not franchising. 

How many Starbucks licensed stores are there in the United States?

According to Statista.com, there were 6,497 Starbucks licensed stores in the US in 2021. That is compared to 8,947 company-owned stores. 

How much does the average Starbucks make per day?

This is obviously down to differences regionally and so on. Bear in mind that Starbucks is very quick to close down under-performing stores, so the average revenue must be consistent across all stores.

On average, Starbucks stores make around $500 per day profit.

When thinking about Starbucks, think location

The coffee shop chain has strict control over many aspects of the Starbucks license agreement. One of the key aspects is an attractive location, or what is often referred as ‘position’. You need to have a prime position before Starbucks will even consider offering you a license.

The main concern is foot traffic. If you don’t have a location that is busy with coffee-loving patrons, then you have a very slim chance of acquiring that license. This is why so many licensed stores are in airports and hotels. 

Want to run your own ice vending machine business?

Find out how by clicking here.

How much does it cost to franchise a Starbucks: The next step

If you think you are the type of person who can make a Starbucks successful, then begin the license application process. Go to the Starbucks Branded Solutions website and fill out the application form. The form is quite detailed, and will ask for:

  • What kind of business you manage
  • Business information such as your name and address 
  • Contact information
  • Products that you will offer

Then, the more detailed part of the process kicks in. Expect to be asked specific questions about you and why you would make a valuable licensed store owner. The company will also look at your vision for competitiveness in the food and beverage industry. It’s quite heavy stuff, but if you want your own Starbucks store badly enough, you should be ready for this.

And the money?

Starbucks usually expects that you have around $700,000 in liquid assets (cash you have to spend) for the funding part of the operation. Add to that the $315,000 for the actual licensing fee (permission to use the name and other branding elements).

What about the store design?

You will know the brand ‘look’ for Starbucks. It’s very much iconic now. As a license owner, you get all of that as part of the deal.

When it comes to store design, there is a little bit of a perk here. While the Design Studio for Starbucks has 18 designs that you will have to use as a starting point, after that you can customize to some degree. Many license holders tailor their stores so they fit in more naturally to the particular location. This gives you an opportunity to create a truly local Starbucks 

What does the license actually include?

There is a comprehensive licensing package supplied by Starbucks, which includes:

  • Store design that can be customized 
  • Food and bakery items that are exclusive to Starbucks 
  • Expertise, consulting, and onsite visits to provide ongoing support 
  • Fixtures and equipment proprietary to the company so you know they are the best available 
  • Promotions during the year 
  • Menus, equipment, training, and support for Starbucks 
  • A comprehensive product line of packaged Whole bean coffee and merchandise based on the Starbucks trademark

The verdict

In 2022 there is a real sense that the time is right to start your own business. The pandemic is approaching a different phase, where vaccines are widely available and part of everyday life for many. 

If you live outside the USA and Canada, go for the franchise option. That makes sense (presuming you can work long hours and truly love the brand). If you don’t live in the rest of the world, your only option is licensing the business model in North America and Canada.

And that’s not a bad thing. You get an amazing package of materials and support, and a ready customer base. The only thing that might stop you from taking the opportunity is the cost of the total investment. While investing over $1,000,000 in a licensed operation or franchise is par for the course for big-brand restaurants and fast food places, it is still a cool million plus for a license fee.

To sum up, it’s an amazing opportunity, if you can afford it.

Easy Can Vending Machine Business Guide (2022)

Would you like to run your own business? Or maybe you just need some extra income? Have you considered running a soda can vending machine business? In this post I will take you through exactly what you need to know to get started with this type of business.

The good news is that the soda machines business model isn’t going to break the bank. And like most vending machine businesses, it can be scaled quite quickly. 

Work out profit potential first

If you plan to buy your own cold drink vending machines and scale up from there, you have to develop a business focus. And that means working out your annual revenue and profit potential. Take a quick look at the profit calculator here to gain a rough idea of what you can expect once you are up and running.

Your first machine could cost upwards of $3000 (new) and you need to know that you can expect some profit within the first year. Compared to other industries, there are low startup costs, but don’t buy a new vending machine unless you are happy with the profit potential.

Soda can vending machine business: the location

You will first have to find the best location for your machine. Your biggest worry here is that you install a machine that has competition nearby. Your spot needs to be as far away from other machines as possible. At the same time, it needs to be somewhere that has plenty of potential customers.

This is a huge part of the process. For example, you wouldn’t place a soda machine in a busy cafeteria, where customers will buy their soda from the staff. And it would be ridiculous to install a soda can vending machine in a gym. Soda is not the first thing on a gym user’s mind.

Your best bet is to focus on small businesses first of all. These will have a good number of employees that are a potential customer group for your drink selections. 

Then make some calls. Contact the businesses and ask to speak to the manager or owner. Discuss the prospect of placing a vending machine on their premises. 

Some tips:

  • Dress nice. Professionals expect to work with professionals. Dress smartly and ensure you look like someone they can do business with
  • Take a flyer or brochure of whichever machine you have to show the manager/boss. Again, this brings an air of professionalism to the situation
  • After discussing the proposition, don’t leave without giving them your business card. Don’t have one? Get one. You’re running a business.
  • The business will most likely have a vending machine or two in place already. However, there is a chance that it will be old and still use coins for vending. Your vending machine will be new, and have a number of payment options, including credit card readers

To help you along your way, here is a list of potential locations for your new machine. The list is more than enough for you to get a plan together and start contacting businesses today.

  • Airport
  • Amusement Park
  • Apartment Building
  • Assisted Living Center
  • Auto Brake Shop
  • Auto Dealership
  • Bank
  • Bingo Hall
  • Bookstore
  • Bowling Alley
  • Bus Station
  • Business Office Building
  • Car Wash
  • College/ University
  • Community Center
  • Community Swimming Pool
  • Computer Store
  • Dental Office
  • Department Store
  • Doctor’s Office
  • Dormitory
  • Driver’s License Division
  • Dry Cleaner
  • Fire Station
  • Fraternity/ Sorority
  • Furniture Store
  • Gift Shop
  • Golf Course Lounge
  • Government Office
  • Gym
  • Health Club
  • Hospital
  • Hotel
  • Humane Society
  • Ice Skating Rink
  • Industrial Park
  • Laundromat
  • Library
  • Mall
  • Manufacturing Plant
  • Medical Building
  • Meeting Hall
  • Military Reserve/ Guard Center
  • Military Enlistment Office
  • Military Treatment Facility
  • Miniature Golf
  • Motel
  • Motor Vehicle Division
  • Motorcycle Shop
  • Muffler Shop
  • Night Club
  • Nursing Home/ Retirement Home
  • Oil & Lube Center
  • Office buildings
  • Police Station
  • Private School
  • Public Utility Office
  • Railroad Station
  • Recreation Center
  • Rental Yard
  • Rest Stop Facility (off Highway)
  • Roller Skating Rink
  • School
  • Senior Center
  • Shopping Center
  • Ski Resort
  • Stock Brokerage
  • Telemarketing Office
  • Tire Store
  • Tourist Attraction
  • Truck Stop
  • Trucking Company
  • Veteran’s Affairs Facility
  • Veterinary Office
  • Waiting Room (any kind)
  • Warehouse
  • YMCA
  • Youth Center
  • Zoo

If you are committed to buying a vending machine and organizing the location of it, it’s important to understand that it can be a bit of a challenge at first. You will spend some time on the phone and walking into locations to speak to the manager.

Want to start your very own vending machine business?
Why not learn from the experts at iKrave Vending.

Featured in Business Insider and CNBC.

However, there are ways to make the process a lot quicker and easier.

Think about the places where you visit regularly, like your local gym or sports club. You might also consider your local doctor’s surgery. Because you visit regularly, you will know the people who work there pretty well, or at least be a familiar face. That makes it less awkward when approaching them about the machine. 

Don’t forget to ask family and friends too. They will have workplaces where they know people who want a convenient way to buy a perfect cold drink from time to time. And they can spread the word about the vending machine.

A Chamber of Commerce may also be able to help you. Using their services, you can find out about business owners in your area, giving you some ideas for potential locations for vending machines

You will also have to think about other costs, including those that may come with placing the machine. You must pay commissions to the owner of the vending machine location and fund the energy needed to run the machine before you can pocket the earnings. The property owner usually receives 10% to 25% of the revenue generated by your vending machine.

When choosing a location, make sure it benefits from some crisp lighting. Also bear in mind that machines come in various sizes and styles. For example, many machines have a small footprint, but some don’t. Your location and the placement itself have to take size into account.

Can vending machine business: Buying one

You can find your first can vending machine through one of the following methods:

  1. Vending machine manufacturers and wholesalers provide the largest selection of vending machines, the latest technology, and the most comprehensive services for delivery, repairs, and training. This is generally viewed as a more expensive option. The reason for this is that franchises and companies may ask that you purchase a set number of machines as a minimum. There may also be fees around servicing and so on.
  2. You can browse different vending machine brands and models at secondary market sellers or specialty online retailers, and they often have business owner resources.
  3. There are thousands of vending machines for sale on platforms like Craigslist and eBay. You can also try online marketplaces such as Sam’s Club. It is possible to filter results by merchant and owner location, so you don’t need to worry about large shipping fees. This may be a good option for the first-time entrepreneur. These places also tend to offer a wider range of cold beverage products too for your vending business.

You will find that, as with all established business opportunities, vending machines do offer plenty of ‘bells and whistles’. Just like with phones, there are even smart vending machine options. These extra features and types of machines include:

  • Machines that serve snacks and drinks (some machines offer candy bars for example)
  • Ability to accept credit cards and large bills (and other cashless payments)
  • The latest vending technology, including accessibility via touch or voice
  • Monitor your inventory remotely and receive alerts when it is low
  • You can brand the front of your machine with “wraps”
  • Interactive full-color display (such as a full-color touch screen)
  • Special high capacity machines
  • Low power consumption models
  • Custom vending machines that make a visual impact
  • A large delivery bin option (some customers prefer this)
  • A vending management system (for stock control etc.)

But don’t get sucked into spending too much on these extras, since they can quickly add up. Consider what you can afford at the moment, while also choosing the vending machine that best suits your products. Spending an extra $100 because you like the look of the keypad of the vending machine doesn’t make sense when you are chasing profits.

Some secondary market sellers offer support for people new to the vending machine industry. This will allow you to tap into years of experience before you jump in.

Payment options

Like most people, you will have to find a way to finance your new can machine venture. Your best option may be to secure a short-term loan to finance your vending machine if you’re already a business owner and have a history of business financial success.

You don’t need a lot of money to start a vending machine business that makes money. An equipment financing loan can help if you need it. In addition to being collateral, your equipment is also the factor determining the terms of these loans.

Can vending machine business: some FAQs

Can I make money with this business?

Vendors earn $35 on average each week, but machines placed in safe, high-traffic areas can generate $400 to $500 per month. Like all businesses there are a number of factors that will determine your profit. For example, your soda selections could have a significant impact on revenue. Something as small as offering 12-ounce cans instead of 24oz bottles may make a difference financially.

What about tax?

Sales tax is charged on the revenue generated by beverage machines. The amount depends on your state. The amount of sales tax varies depending on your state.

How much does it cost to stock a soda can vending machine?

Used or refurbished vending machines can be found for between $1,200 and $3,000. Vending machines range in cost from $3,000 to $10,000, depending on their features and size.

When will my machine make it’s money back?

Due to so many factors and issues it’s hard to predict whether payback will be shorter than 6 months (accepted industry average). It usually takes 12 to 14 months for a vending machine to recoup its costs.

Any further tips?

You can begin to generate a passive income from your vending machine business as you learn about its pattern of demand, without the need to take out a massive loan. You can increase the scope of the business gradually depending on whether you will continue to work another job, so you can take on more when you are ready or scale back if needed. 

Next steps

If you want to run your own can vending machine business, here is a quick outline of what to do:

  1. Consider vending machines in locations where you feel motivated to use them.  Ask the owner to work out an agreement.
  2. A vending machine can be purchased from a manufacturer or wholesaler, or a secondary market retailer, or online.
  3. Explore your finance options: The ideal choices are a short-term loan and equipment financing.
  4. Keep it gradual, and scale when you are ready.

Enjoy this post? Why not take a look at my post on investing in ice vending machines?

iKrave Vending

Ever wanted to have your own franchise but don’t know where to start? Try my Beginners Guide.

16 Easy Ways To Get Paid To Talk To Someone Online (2022)

Do you want to make money online? Try these methods and you can get paid to talk to someone online. I’ve looked all over the Web for the most established platforms and methods. I’ve whittled them down to these 16.

The list of platforms and roles

Let’s get into the top online platforms and services that allow you to get paid to talk to someone online.

Apple At Home Advisor

This is a role where you get an iMac and headset supplied. It’s competitive to say the least, but if your’e persistent you might just grab one of these jobs.

According to Apple:

As our customers’ first point of contact, you’ll be the friendly voice of Apple, answering questions about our products and services and providing world-class customer service, troubleshooting and technical support. We’ll rely on you to listen to our customers and use your technical expertise, creativity and passion to meet their needs — and remind them that behind our great products are amazing people.

Furthermore, you will also have access to a lot of discounts for employees, paid time off, and opportunities for career advancement down the line, making it one of the only options on this list that offers opportunities for career advancement.

If you want to get paid to talk to someone online, this is probably one of the best opportunities available.

To find out more, go here.

Get Paid To Talk To Someone Online As An Amazon Customer Service Associate

With Amazon’s Customer Service Associate roles, you’re responsible for resolving customers’ orders, purchases, returns, and more. 

Most of you have used Amazon’s chat app to ask a question, so you’ve probably interacted with one of these people.

You have the option of working full-time or part-time for any of these job roles, all of which may be done from home. Depending on the offer, they can also be seasonal, so this is a great way to earn extra money over the holiday season, which is when Amazon experiences its peak sales period.

Occasionally, you may be asked to be located in a specific country in order to receive payment. You could be paid for chatting in English with customers or in the language of the country where the job is based. As a result of Amazon’s geographic spread, there’s a good chance that you’ll find an opportunity in your area, no matter what your location is.

To find out more, go here.

Get Paid To Talk To Someone Online With RentaCyberFriend

This is based on the classic ‘pen pal’ approach. You’re simply offering a great way to find friends and conversation partners to people who may be lonely or just want a chat. Users enjoy high quality video calls, end-to-end encryption and a powerful search tool that allows them to find the right friend quickly.

How it works:

  • Instant Video Calls
  • Private and Secure Conversations with end-to-end encryption
  • You must have a good internet connection and a camera
  • Payment is per minute with a 20% platform fee.
  • Withdrawals to your Bank Account
  • You must be over 18

Note the 20% fee attached. Your clients can tip you though, adding a little more to the income stream. RentaCyberFriend suggests using your social media presence to really boost your earnings.

Membership costs extra. You’ll pay $29.99 a month, $49.99 for three months, $79.99 for six months, or $99 for a year’s membership. Your personal information is safe with RentACyberFriend due to the rock solid encryption. Put your favorite hobbies on your profile, as well as photos of yourself.

The good news is that this is still a relatively small platform. Get yourself a solid profile and you should see significant income coming from it.

To sign up go here.

Cash Chat App

This is a little different to the other text chat and voice message platforms on this list because it is a social media platform. It is monetized in a variety of ways, including affiliate income, as well as with you advertising the platform to companies. So yes, I guess you are being paid to talk to people online as long as you use it as a monetized social media platform.

This is currently limited to a few African countries as far as I can see. However, there is a good chance it will become huge moving forward into 2022. And if you’re experienced at affiliate marketing and social media, it could be a real income stream.

Find out more here.

Get Paid To Talk To Someone Online With Texting Factory

This one promises $300-400 USD a week in income. That’s a big deal.

Your role will be to answer casual messages on a fantasy-based text network. Customers need to be able to talk about anything. Depending on your customer’s wants, you’ll have different responsibilities.

People sometimes just want to talk about everyday stuff. Things like work, culture, weather or relationships. Customers won’t know who you are because they’ll assume you’re the person they’re texting.

Operators make 300-400 USD a week depending on how hard they work. But if you’re willing to do more, it can be a lot more. As a way to get paid to talk to someone online with your own hours, it’s a great opportunity.

Features:

  • No calls or video, just anonymous chat
  • You can work whenever you want
  • You don’t need qualifications
  • 24/7 support

Requirements:

  • It is essential that you are fluent in English as you will be writing for native English speakers. 
  • A minimum age of 18 is required
  • Your age will be verified as part of the application process.
  • You need a laptop to operate effectively as a chat operator. It is not necessary for the device to have a camera, so it can be very basic.
  • As a client, you will be taught everything you need to know, and the support team is available 24/7. There will be no need to submit a resume during the application process.
  • It’s all done online over the internet. Working as a chat operator will be easier if your internet connection is stable.
  • Chat agents are self-employed. Payments are done online every week.

To find out more, go here.

Accolade Support

Accolade Support provides call center services to other companies. Customers who call Accolade’s helpline will be transferred to someone working for the company who can then assist them with their query.

Due to the fact that every company has different needs, Accolade Support offers a variety of different roles that you can choose from. 

Here are some of them:

  • Replying to customer inquiries
  • Telecommunications marketer
  • Roles related to sales
  • Support for technical issues

Pay varies according to the position you’re hired for. Customer service representatives who are receiving inbound calls, for example, can make about $12 an hour.

Nevertheless, if you do sales and telemarketing where you contact potential customers, then you can be paid a commission, which can reach about $100 per sale.

To find out more, go here.

Fiverr

This is a well-known gig platform that allows you to offer a variety of services. All you do here is simply offer a service as a ‘virtual friendship’ or ‘online friend’.

What you include is up to you. Giving lonely people advice or listening to them when they’re lonely is a great way to help them.

To find out more, go here.

Facebook/Meta

Develop a Facebook/Meta Group where you specifically offer an online chat service for lonely people. Bear in mind that Facebook has very strict rules on adult content, so if you are considering any kind of adult content at all, it may not be the platform for you.

Premium Chat

The service Premium.Chat lets anyone – for a fee, of course – chat with someone with a name and authority in their particular field.

Coaching, consulting, and experts in any field are able to charge for their chat sessions. 

The website lists some examples:

  • Coaching or consulting sessions conducted by professionals
  • Meetings with counsellors
  • Talking to your favorite influencer
  • Modeling

It is then possible to choose your availability hours and the fee structure, which may be a flat fee per session or a rate per minute.

To find out more, go here.

RentAFriend.com

An established service that is very popular, RentAFriend allows people to ‘rent’ friends from all over the world. It’s a way to share fun activities in real life with people in your local area. Some ‘Friends’ make as much as $50 an hour with this work.

According to the website, some of the activities explored include:

  • People who travel to a new city can hire a local to show them around town. It`s always good to know someone from the area who can give you first hand information about where to go and what to avoid.
  • A common request is that a Member may have an invitation for a work party, wedding or other social event and don’t want to attend it by themselves.
  • Someone might want to see a movie or go out to a restaurant but don`t have anyone to go with. They could “Rent a Friend” to go along with them.
  • Many Friends on RentAFriend.com have unique talents and skills. They can teach you a new language, tutor you, share a new hobby, art, dance, and much more. It`s also a great way to meet people of different cultures and religions.
  • People who travel often for business that are looking to find local Friends to go out to dinner with, go to the bar with, or watch a sports game with. It`s always great to have Friends in different cities.
  • People who have an extra ticket to a sporting event or concert and don`t want to go alone. They can “Rent a Friend” to go along them.
  • Someone may want a workout partner for the gym. Renting a Friend to help motivate and spot you during your workout. It can also be a lot cheaper than hiring a personal trainer.
  • Just looking for someone to give you personal advice. There are lots of people who just want to get real advice about a situation and it`s always great to get an outsiders point of view.

As with all the opportunities in this list, you will need good communication skills for this line of work.

To find out more, go here.

Lip Service

Targeted at women, this platform is an alternative worker service, where women can sign up to offer customer service and other aspects of online and telephone business communication. It has a strong reputation, and has been around for many years.

To find out more, go here.

FlirtBucks

This is for women who want to make money as a Chat Hostess. From the comfort of your own home you flirt and have fun with men.

The website says:

  • Make Money While You Mingle- Become a Chat Hostess!
  • As a FlirtBucks Chat Hostess YOU are in control. You choose who you talk to and you can control the conversation.
  • FlirtBucks is a completely internal system. You don’t have to market yourself on outside websites or upsell conversation, just participate in our already active online community.
  • With FlirtBucks you can be your own boss. No minimum hours. Work as little or as much as you want. Write your own checks!

You earn money for every minute you are engaged in chat with FlirtBucks. You can get paid via your PayPal account as well as via check. Many of the hostesses see it as a side hustle and a great way to earn extra cash.

It’s important to bear in mind that this service does contain an adult element in that it requires you to flirt with users. However, FlirtBucks also maintains that while some explicit content may crop up, you don’t have to do anything you don’t want to do and you can stop the chat at any time.

It’s basically a platform that allows women to make money by chatting to lonely guys.

To find out more, go here.

Phrendly

This is clearly a flirting platform. You can’t use explicit content, but if you are able to flirt and chat with lonely people while working from home it could be the right gig for you.

A key way in which people make money here is through the tipping system. Men and women can tip the Phrend a drink, which is worth around $10. It’s great to see that it isn’t all based on lonely men too. Women can operate or use the platform, so there is plenty of scope to make money for everyone.

You can even donate earnings to charities that Phrendly supports. Currently they support nine charities, so you can have fun, earn money and give some of it to a worthy cause. You can earn good money when flirting on this platform, and if you’re outgoing and open to having fun, it is an easy way to develop a side income.

To find out more, go here.

Freelancer

Like Fiverr, with Freelancer you can offer ‘online friend’ services to people across the world. It is a great opportunity, but it will take some time to develop a strong personal profile. You’ll also have to be very organised to manage the job listings and applications.

To get ahead of the competition, consider joining with the membership package.

To find out more, go here.

Live World

You can get paid to talk to people online without any need to flirt with Live World. This platform connects legitimate companies with customers and you provide the technical support or customer service. It’s a great home job with a flat rate on an hourly basis. It is one of the most appealing online chat jobs in that it just requires you to help customers. Chat operators can make a decent salary as full time employees.

FriendPC

Get paid to chat with like-minded people on FriendPC. Your income can be increased by talking to both lonely men and lonely women.

Virtual chatting is the most common, but you can also arrange tours, virtual gaming, and in-person meetings. Alternatively, you can offer mentoring, life coaching, or even explicit conversations. 

You’re in control here. 

Make your own schedule, set your own rates, and set your own hours. 

You can run a profitable friendship business with FriendPC. Manage your clients and accept payments easily.

In addition to this, they also have a referral program where you are paid even more money if you refer others to them. The best part is that you receive your payments the same day as you perform your virtual chat – it’s a very fast process.

To find out more, go here.

Some FAQs

Can I really get paid to talk to someone online?

Yes, and it’s not just lonely people. As you will have seen in this post there are many different ways to get paid to talk to someone online. However, lonely people are a definite demographic in the work. Some people are just lonely, and they need to talk to someone. It’s kind of like having an online friend.

There are other demographics of course. There is a clear work opportunity for having chat sessions with lonely men and women, from being a ‘virtual girlfriend’ to delivering adult chat services. You can work a part-time job or a full-time position when talking to lonely people.

But as you can see from the roles with Apple and other companies, there are also opportunities to offer customer service support, or just online friendship.

The process involved when you get paid to talk to someone online

It’s not hard to get started. Because you also have the opportunity to talk via video chat, you’ll want to make sure you have a PC or laptop with high quality WiFi. For opportunities that involve phone chat, make sure you have a good landline or high quality mobile phone.

You can join a service platform (more on that later) or set up your own chat service. If you’re brand new and have never run any kind of business before it’s probably best that you sign up for a service and work for them. This is essentially like any job board platform like UpWork or Fiverr, but you will have your own account with a number provided for you (in the case of telephone chat).

How will I get paid to talk to someone online?

If you’ve done anything online, you’ll know about services such as PayPal and Stripe. These are two very common ways to get paid. Some services also pay via direct bank transfer.

Obviously, the frequency of payment and the method of payment is dependent on the service you sign up for. We will be going through some of the best platforms later in this post.

How much will I get paid to talk to someone online?

As you’ll see later in this post, there are many different ways to work in this area, from customer service phone calls to adult chat sites.This means that you’ll be paid according to the details of the position itself, as well as the hours you work. However, there have been some platforms that have paid as much as $50 an hour. The more you work, obviously, the more you get paid.

What is a chat agent?

A chat agent (sometimes known as a live chat agent) is responsible for answering queries and dealing with customer problems. Chat agents should try to be polite, be helpful, and communicate professionally.

Apart from all the above-mentioned skills, agents need to be able to multitask. Customer service representatives need to answer questions via live chat quickly while finding out more about the customer. This means they can quickly solve the customer’s problem.

Chat agents should be good with computers, be quick to respond to customer queries, and have knowledge of any computer software their employer uses, as well as any products the company sells.

Different companies will have different demands around response times due to the industry they operate in, but a general expectation is that chat support agents solve problems within three minutes. Chat support representatives can also make commissions if they sell a policy for example, when working chat operator jobs for health insurance companies.

4 Top Tips to remember

If you want to get paid to talk to someone online, keep the following 4 tips in mind.

  1. Be sure to determine if you qualify for any jobs you’re interested in by checking whether you require a headset or a second screen. Usually, these are super cheap to buy online, but it’s up to you if you think it’s worth it.
  2. You have to make sure the hours work for you. You might need to work weekends or overnight so customers can reach you around the clock, so consider that before signing up.
  3. Don’t do this if you aren’t sure. For example, even if you don’t talk to customers in person, it’s exhausting – don’t forget that the customer isn’t always right. Since a lot of these jobs are paid based on talk hours, not just the hours you’re logged in, you have to love talking.
  4. You should make sure you’re comfortable with the job. The majority of people are fine with getting paid to answer delivery questions or tech problems online. You might or might not like jobs where you’re expected to flirt; it will all depend on how comfortable you are with it.

16 Ways To Get Paid To Talk To Someone Online (2022)

Do you want to make money online while working from home? Try these methods and you can get paid to talk to someone online. I’ve looked all over the Web for the most established platforms and methods. I’ve whittled them down to these 16.

The list of platforms and roles

Let’s get into the top online platforms and services that allow you to get paid to talk to someone online.

Apple At Home Advisor

This is a role where you get an iMac and headset supplied. It’s competitive to say the least, but if your’e persistent you might just grab one of these jobs.

According to Apple:

As our customers’ first point of contact, you’ll be the friendly voice of Apple, answering questions about our products and services and providing world-class customer service, troubleshooting and technical support. We’ll rely on you to listen to our customers and use your technical expertise, creativity and passion to meet their needs — and remind them that behind our great products are amazing people.

Furthermore, you will also have access to a lot of discounts for employees, paid time off, and opportunities for career advancement down the line, making it one of the only options on this list that offers opportunities for career advancement.

If you want to get paid to talk to someone online, this is probably one of the best opportunities available.

To find out more, go here.

Get Paid To Talk To Someone Online As An Amazon Customer Service Associate

With Amazon’s Customer Service Associate roles, you’re responsible for resolving customers’ orders, purchases, returns, and more. 

Most of you have used Amazon’s chat app to ask a question, so you’ve probably interacted with one of these people.

You have the option of working full-time or part-time for any of these job roles, all of which may be done from home. Depending on the offer, they can also be seasonal, so this is a great way to earn extra money over the holiday season, which is when Amazon experiences its peak sales period.

Occasionally, you may be asked to be located in a specific country in order to receive payment. You could be paid for chatting in English with customers or in the language of the country where the job is based. As a result of Amazon’s geographic spread, there’s a good chance that you’ll find an opportunity in your area, no matter what your location is.

To find out more, go here.

Get Paid To Talk To Someone Online With RentaCyberFriend

This is based on the classic ‘pen pal’ approach. You’re simply offering a great way to find friends and conversation partners to people who may be lonely or just want a chat. Users enjoy high quality video calls, end-to-end encryption and a powerful search tool that allows them to find the right friend quickly.

How it works:

  • Instant Video Calls
  • Private and Secure Conversations with end-to-end encryption
  • You must have a good internet connection and a camera
  • Payment is per minute with a 20% platform fee.
  • Withdrawals to your Bank Account
  • You must be over 18

Note the 20% fee attached. Your clients can tip you though, adding a little more to the income stream. RentaCyberFriend suggests using your social media presence to really boost your earnings.

Membership costs extra. You’ll pay $29.99 a month, $49.99 for three months, $79.99 for six months, or $99 for a year’s membership. Your personal information is safe with RentACyberFriend due to the rock solid encryption. Put your favorite hobbies on your profile, as well as photos of yourself.

The good news is that this is still a relatively small platform. Get yourself a solid profile and you should see significant income coming from it.

To sign up go here.

Cash Chat App

This is a little different to the other text chat and voice message platforms on this list because it is a social media platform. It is monetized in a variety of ways, including affiliate income, as well as with you advertising the platform to companies. So yes, I guess you are being paid to talk to people online as long as you use it as a monetized social media platform.

This is currently limited to a few African countries as far as I can see. However, there is a good chance it will become huge moving forward into 2022. And if you’re experienced at affiliate marketing and social media, it could be a real income stream.

Find out more here.

Get Paid To Talk To Someone Online With Texting Factory

This one promises $300-400 USD a week in income. That’s a big deal.

Your role will be to answer casual messages on a fantasy-based text network. Customers need to be able to talk about anything. Depending on your customer’s wants, you’ll have different responsibilities.

People sometimes just want to talk about everyday stuff. Things like work, culture, weather or relationships. Customers won’t know who you are because they’ll assume you’re the person they’re texting.

Operators make 300-400 USD a week depending on how hard they work. But if you’re willing to do more, it can be a lot more. As a way to get paid to talk to someone online with your own hours, it’s a great opportunity.

Features:

  • No calls or video, just anonymous chat
  • You can work whenever you want
  • You don’t need qualifications
  • 24/7 support

Requirements:

  • It is essential that you are fluent in English as you will be writing for native English speakers. 
  • A minimum age of 18 is required
  • Your age will be verified as part of the application process.
  • You need a laptop to operate effectively as a chat operator. It is not necessary for the device to have a camera, so it can be very basic.
  • As a client, you will be taught everything you need to know, and the support team is available 24/7. There will be no need to submit a resume during the application process.
  • It’s all done online over the internet. Working as a chat operator will be easier if your internet connection is stable.
  • Chat agents are self-employed. Payments are done online every week.

To find out more, go here.

Accolade Support

Accolade Support provides call center services to other companies. Customers who call Accolade’s helpline will be transferred to someone working for the company who can then assist them with their query.

Due to the fact that every company has different needs, Accolade Support offers a variety of different roles that you can choose from. 

Here are some of them:

  • Replying to customer inquiries
  • Telecommunications marketer
  • Roles related to sales
  • Support for technical issues

Pay varies according to the position you’re hired for. Customer service representatives who are receiving inbound calls, for example, can make about $12 an hour.

Nevertheless, if you do sales and telemarketing where you contact potential customers, then you can be paid a commission, which can reach about $100 per sale.

To find out more, go here.

Fiverr

This is a well-known gig platform that allows you to offer a variety of services. All you do here is simply offer a service as a ‘virtual friendship’ or ‘online friend’.

What you include is up to you. Giving lonely people advice or listening to them when they’re lonely is a great way to help them.

To find out more, go here.

Facebook/Meta

Develop a Facebook/Meta Group where you specifically offer an online chat service for lonely people. Bear in mind that Facebook has very strict rules on adult content, so if you are considering any kind of adult content at all, it may not be the platform for you.

Premium Chat

The service Premium.Chat lets anyone – for a fee, of course – chat with someone with a name and authority in their particular field.

Coaching, consulting, and experts in any field are able to charge for their chat sessions. 

The website lists some examples:

  • Coaching or consulting sessions conducted by professionals
  • Meetings with counsellors
  • Talking to your favorite influencer
  • Modeling

It is then possible to choose your availability hours and the fee structure, which may be a flat fee per session or a rate per minute.

To find out more, go here.

RentAFriend.com

An established service that is very popular, RentAFriend allows people to ‘rent’ friends from all over the world. It’s a way to share fun activities in real life with people in your local area. Some ‘Friends’ make as much as $50 an hour with this work.

According to the website, some of the activities explored include:

  • People who travel to a new city can hire a local to show them around town. It`s always good to know someone from the area who can give you first hand information about where to go and what to avoid.
  • A common request is that a Member may have an invitation for a work party, wedding or other social event and don’t want to attend it by themselves.
  • Someone might want to see a movie or go out to a restaurant but don`t have anyone to go with. They could “Rent a Friend” to go along with them.
  • Many Friends on RentAFriend.com have unique talents and skills. They can teach you a new language, tutor you, share a new hobby, art, dance, and much more. It`s also a great way to meet people of different cultures and religions.
  • People who travel often for business that are looking to find local Friends to go out to dinner with, go to the bar with, or watch a sports game with. It`s always great to have Friends in different cities.
  • People who have an extra ticket to a sporting event or concert and don`t want to go alone. They can “Rent a Friend” to go along them.
  • Someone may want a workout partner for the gym. Renting a Friend to help motivate and spot you during your workout. It can also be a lot cheaper than hiring a personal trainer.
  • Just looking for someone to give you personal advice. There are lots of people who just want to get real advice about a situation and it`s always great to get an outsiders point of view.

As with all the opportunities in this list, you will need good communication skills for this line of work.

To find out more, go here.

Get paid to talk to someone online at Lip Service

Targeted at women, this platform is an alternative worker service, where women can sign up to offer customer service and other aspects of online and telephone business communication. It has a strong reputation, and has been around for many years.

To find out more, go here.

FlirtBucks

This is for women who want to make money as a Chat Hostess. From the comfort of your own home you flirt and have fun with men.

The website says:

  • Make Money While You Mingle- Become a Chat Hostess!
  • As a FlirtBucks Chat Hostess YOU are in control. You choose who you talk to and you can control the conversation.
  • FlirtBucks is a completely internal system. You don’t have to market yourself on outside websites or upsell conversation, just participate in our already active online community.
  • With FlirtBucks you can be your own boss. No minimum hours. Work as little or as much as you want. Write your own checks!

You earn money for every minute you are engaged in chat with FlirtBucks. You can get paid via your PayPal account as well as via check. Many of the hostesses see it as a side hustle and a great way to earn extra cash.

It’s important to bear in mind that this service does contain an adult element in that it requires you to flirt with users. However, FlirtBucks also maintains that while some explicit content may crop up, you don’t have to do anything you don’t want to do and you can stop the chat at any time.

It’s basically a platform that allows women to make money by chatting to lonely guys.

To find out more, go here.

Phrendly

This is clearly a flirting platform. You can’t use explicit content, but if you are able to flirt and chat with lonely people while working from home it could be the right gig for you.

A key way in which people make money here is through the tipping system. Men and women can tip the Phrend a drink, which is worth around $10. It’s great to see that it isn’t all based on lonely men too. Women can operate or use the platform, so there is plenty of scope to make money for everyone.

You can even donate earnings to charities that Phrendly supports. Currently they support nine charities, so you can have fun, earn money and give some of it to a worthy cause. You can earn good money when flirting on this platform, and if you’re outgoing and open to having fun, it is an easy way to develop a side income.

To find out more, go here.

Freelancer

Like Fiverr, with Freelancer you can offer ‘online friend’ services to people across the world. It is a great opportunity, but it will take some time to develop a strong personal profile. You’ll also have to be very organised to manage the job listings and applications.

To get ahead of the competition, consider joining with the membership package.

To find out more, go here.

Live World

You can get paid to talk to people online without any need to flirt with Live World. This platform connects legitimate companies with customers and you provide the technical support or customer service. It’s a great home job with a flat rate on an hourly basis. It is one of the most appealing online chat jobs in that it just requires you to help customers. Chat operators can make a decent salary as full time employees.

FriendPC

Get paid to chat with like-minded people on FriendPC. Your income can be increased by talking to both lonely men and lonely women.

Virtual chatting is the most common, but you can also arrange tours, virtual gaming, and in-person meetings. Alternatively, you can offer mentoring, life coaching, or even explicit conversations. 

You’re in control here. 

Make your own schedule, set your own rates, and set your own hours while working from home

You can run a profitable friendship business with FriendPC. Manage your clients and accept payments easily.

In addition to this, they also have a referral program where you are paid even more money if you refer others to them. The best part is that you receive your payments the same day as you perform your virtual chat – it’s a very fast process.

To find out more, go here.

Some FAQs

Can I really get paid to talk to someone online?

Yes, and it’s not just lonely people. As you will have seen in this post there are many different ways to get paid to talk to someone online. However, lonely people are a definite demographic in the work. Some people are just lonely, and they need to talk to someone. It’s kind of like having an online friend.

There are other demographics of course. There is a clear work opportunity for having chat sessions with lonely men and women, from being a ‘virtual girlfriend’ to delivering adult chat services. You can work a part-time job or a full-time position when talking to lonely people.

But as you can see from the roles with Apple and other companies, there are also opportunities to offer customer service support, or just online friendship.

The process involved when you get paid to talk to someone online

It’s not hard to get started. Because you also have the opportunity to talk via video chat, you’ll want to make sure you have a PC or laptop with high quality WiFi. For opportunities that involve phone chat, make sure you have a good landline or high quality mobile phone.

You can join a service platform (more on that later) or set up your own chat service. If you’re brand new and have never run any kind of business before it’s probably best that you sign up for a service and work for them. This is essentially like any job board platform like UpWork or Fiverr, but you will have your own account with a number provided for you (in the case of telephone chat).

How will I get paid to talk to someone online?

If you’ve done anything online, you’ll know about services such as PayPal and Stripe. These are two very common ways to get paid. Some services also pay via direct bank transfer.

Obviously, the frequency of payment and the method of payment is dependent on the service you sign up for. We will be going through some of the best platforms later in this post.

How much will I get paid to talk to someone online?

As you’ll see later in this post, there are many different ways to work in this area, from customer service phone calls to adult chat sites.This means that you’ll be paid according to the details of the position itself, as well as the hours you work. However, there have been some platforms that have paid as much as $50 an hour. The more you work, obviously, the more you get paid.

What is a chat agent?

A chat agent (sometimes known as a live chat agent) is responsible for answering queries and dealing with customer problems. Chat agents should try to be polite, be helpful, and communicate professionally.

Apart from all the above-mentioned skills, agents need to be able to multitask. Customer service representatives need to answer questions via live chat quickly while finding out more about the customer. This means they can quickly solve the customer’s problem.

Chat agents should be good with computers, be quick to respond to customer queries, and have knowledge of any computer software their employer uses, as well as any products the company sells.

Different companies will have different demands around response times due to the industry they operate in, but a general expectation is that chat support agents solve problems within three minutes. Chat support representatives can also make commissions if they sell a policy for example, when working chat operator jobs for health insurance companies.

4 Top Tips to remember

If you want to get paid to talk to someone online, keep the following 4 tips in mind.

  1. Be sure to determine if you qualify for any jobs you’re interested in by checking whether you require a headset or a second screen. Usually, these are super cheap to buy online, but it’s up to you if you think it’s worth it.
  2. You have to make sure the hours work for you. You might need to work weekends or overnight so customers can reach you around the clock, so consider that before signing up.
  3. Don’t do this if you aren’t sure. For example, even if you don’t talk to customers in person, it’s exhausting – don’t forget that the customer isn’t always right. Since a lot of these jobs are paid based on talk hours, not just the hours you’re logged in, you have to love talking.
  4. You should make sure you’re comfortable with the job. The majority of people are fine with getting paid to answer delivery questions or tech problems online. You might or might not like jobs where you’re expected to flirt; it will all depend on how comfortable you are with it.

22 Telecommuting Pros And Cons (for 2022)

Do you understand the telecommuting pros and cons? In this post I will take a look at what happens when you have your desk in a home office. With more and more people and companies opting for telecommuting solutions, it’s important to understand the benefits and the disadvantages.

Telecommuting pros

From financial savings to better health, there are tons of benefits to telecommuting for both employers and employees.

Employers enjoy reduced costs

Employers that develop a remote workforce can look forward to a healthier balance sheet. Working from home saves money because it means fewer overheads for employers.

A home worker isn’t using the employer’s electricity or their other resources for example. Usually, office workstations and equipment are kept to a minimum. All in all, there are many cost savings that come with remote working. So it can be a huge win for employers.

Employees enjoy fewer office distractions

One of the key telecommuting advantages is that it is easier for people who work from a home office to concentrate on their work. Many people mistakenly believe that office spaces are quieter than employees’ homes. This is not true.

There’s always something going on in the office work environment, whether it be the office buddy who offers to go out for coffee or the constant noise from the phones.

And don’t get me started on open plan offices.

Telecommuting pros and cons: Fewer sick days are a clear ‘pro’

Employees who work from a remote location have fewer sick days. While they may not live like hermits, they will naturally see fewer people and therefore be less exposed to germs. With less time in front of germs they will be healthier and more productive. Most importantly, they will not be calling in sick.

According to a survey by Indeed, 50% of employers that allowed for remote work found that absenteeism was reduced by 50%.

Remote working reduces your carbon footprint

One of the benefits of telecommuting is that remote work does reduce your carbon footprint. It has a number of environmental benefits. In addition to reducing greenhouse gas emissions, fossil fuel consumption, air pollution, and paper and plastic waste, it promotes energy efficiency.

Moreover, these benefits accumulate over time. A 100-person company that works remotely for one day a week would save 100 times more greenhouse gas emissions than if just a single person did the same.

Telecommuting pros and cons: Personal freedom

Workers who work remotely appreciate their freedom. Their daily schedules can be arranged to suit both their work and home lives as long as they follow the set hours (and avoid Netflix).

Also, not having to fit in with other team members is a positive effect. Employees are more satisfied when an employer allows them a home job with this kind of freedom.

Flexibility with time

Working remotely as part of their daily life allows employees to manage their own schedules as well as saving time on commuting.

Some people perform better in the mornings. Others work better in the evening. Providing you don’t affect your co-workers and you meet deadlines and the required number of hours, you can work when you want.

Working from anywhere

Remote work also offers employees the benefit of working from anywhere. This allows people to avoid unnecessary travel as they are not relegated to a city that doesn’t suit their tastes or standards.

Managing remote work allows spouses to retain their jobs, or at least ease the transition period, if they need to be based or assigned in a particular location. With a good internet connection, you can work anywhere in the world.

Mental health benefits

The mental health of employees can also be improved by remote working because there is less stress. Working in your own environment can also be relaxing. Motivated and productive employees produce better quality work.

No longer a minority

With the recent Covid-19 outbreak, employers have realized the benefits of remote working and the number of employees working from home has skyrocketed. Remote working isn’t associated with being lazy at home all day. As the future of work, remote workers are building a reputation.

Telecommuting pros and cons: Better work-life balance

Remote working offers a better balance. The ability to work from home gives you more time to plan both home and work tasks. Employees are thus more productive and feel more accomplished. 

Remote workers find that:

  1. Nothing is rushed or backed up in traffic
  2. There’s no need to carry files or a laptop
  3. There is no need to feel guilty about taking a break
  4. Stressful office politics are nonexistent
  5. They spend more time with their family

Your own office space

Working remotely gives you the flexibility to set up your workspace the way you want it. If you’re a little tardy at times, colleagues won’t be there to complain about you. 

The environment in which remote employees live makes them more productive. Work from home or telecommute, and you can arrange your desk wherever you like, close the door whenever you like, and listen to music if it stimulates your creativity.

Blend it in with your personal life

Having your own workspace and working remotely allows you to customize it to reflect your personality. To create an inspiring workspace, you can hang pictures of your children and animals. This is all about making your work area totally yours.

Because you spend many hours working, a space you enjoy spending time in can boost your productivity. Employees working remotely can choose a plain-looking or vibrant workspace. Whatever helps you work, basically.

Business owners benefit from more talent

Selecting remote workers gives business owners more options. An employer can hire anyone in any part of the world, depending on time zones. This increases the chances of finding people with specialized skills, reducing training costs.

Hiring remote workers also offers the advantage of not having to face relocation costs, which can amount to thousands of dollars for the company. Since millennials grew up with technology enabling remote work, they almost expect to be able to work remotely.

Job satisfaction also includes employee loyalty

Loyalty is enhanced by flexible working. This is another advantage of allowing employees to work from home. The employer and employee will trust each other if the employee works from home. Respect is built in the workplace when an employee feels their boss trusts them with the task.

If employees are happy in their job, they will not look for another position. By avoiding new hires, the company saves money and retains its expertise.

Better communication

It can be strange for employees to work remotely. The silence and lack of office chat are unfamiliar to them. But as people learn to talk to whom they need to, when they need to, without wasting time, this can also encourage better communication.

Through messenger apps and chats, colleagues can also get to know each other better and find out how they can benefit each other. Working remotely promotes collaboration as well as constant communication that is positive.

Remote working advantage: a bigger talent pool

The offer of home working may be an incentive for new employees and could encourage new talent to join a company. In fact, that company will be more competitive in the job market simply because they have offered remote working.

Telecommuting pros and cons: the cons

Telecommuting does have some aspects that aren’t necessarily ‘positives’. These need weighing up before employers and employees take the plunge.

Personal reasons

Not everyone is suited to working from home. Working in an office environment might provide a sense of routine and structure to some employees. In order to accomplish their goals and complete tasks, some employees find face-to-face guidance from their manager very beneficial. 

People with disabilities should also be considered. It may affect the support they need to do their job if they work from home. Likewise, working from home may not be compatible with people’s home life, for example if they have young children who can interrupt their working day. Some may not have enough physical space to create a dedicated working room.

Feelings of isolation

Less face time and a general lack of human interaction may mean that work from home staff feel isolated from their colleagues and the organisation as a whole. Businesses can improve communication to resolve this problem.

Staff feel more involved and part of the team by having regular team meetings and frequent check-ins via meeting software like Skype. Isolation might also be countered by informal social catch-ups and other ways to promote frequent contact. It’s vital that employers consider the social aspect of working life. A regular call from a team leader helps to keep employees feel connected.

Telecommuting pros and cons: A loss of productivity, or too much productivity

Remote working is said to increase employee productivity. Despite this, there are many temptations to distract you when working remotely. If you are home full-time you could develop problematic habits like:

  • The midday nap,
  • Netflix/gaming/tech distractions on a regular basis
  • Taking too much time to spend with family, etc.
  • Allowing the distractions of social media to eat up chunks of your day

As a result, it can prove difficult to maintain a strong work ethic for an extended period of time. Additionally, working remotely can leave you feeling isolated and unmotivated to do your best. Therefore, all of the various disadvantages mentioned above may lead to a loss in productivity when working from home.

On the other side of the coin, some employees may simply work too hard. Without the ebb and flow of professional life and office routines, they could end up overworking. Being in an office and functioning within professional relationships can provide some controls. Without these controls, it is possible to find yourself working longer hours simply because you can.

Telecommuting disadvantages: Tech costs and security issues

Sometimes, just having the right technology can be a problem. Having the flexibility of telecommuting can mean that you have to spend a large amount of money on equipment that allows you to work remotely.

Even if you work for an employer, it can be difficult to have the latest equipment paid for by them. Home offices with high-end laptops and desktops, as well as internet connections and other equipment, like printers/fax machines, can be pricey. This is not convenient for everyone.

Access to sensitive documents can also be an issue if you work over the internet. These security concerns can cause huge problems if not dealt with effectively.

So what’s the deal?

There are clearly more pros than cons here. However, it is important for employers to have certain measures in place that will ensure employees are safe and productive. Many companies now have a detailed telecommuting policy that outlines the type of work employees are expected to complete while at home.

Clear policies ensure that a remote team sticks to sensible work hours, experiences some social interaction and avoids the potential negative impacts of home working.

I’ve worked from home extensively in the past. The coronavirus crisis has placed many of us in the same position. I have found that regular contact with colleagues and clients, as well as frequent in-person meetings, help to alleviate the potential cons of telecommuting.

There are a number of telecommuting pros and cons. However, as long as interaction with other humans is possible at least once a week, the telecommuting model is positive and productive.

If you want even more support on getting things done, try Todoist. It is the simplest and quickest app you can use to manage your working day.

Ice Vending Machine Business: Read Before You Invest

Would you like to run your own business? Have you considered running an ice vending machine business? In this post I will take you through exactly what you need to know to get started as an ice vending machine business owner in the United States.

What is an ice vending machine business?

It is basically a passive income generator. You purchase a number of machines and have them in various high-traffic locations such as convenience stores. Then the vending machines make money as they are used by customers. The machines dispense quality ice, and you make a profit. With only a small investment, an ice vending machine business is a great way to develop a source of passive income that you can scale. In that sense, many entrepreneurs see it as a good investment.

Why own an ice vending machine business?

There are a number of reasons, but I can break it down into the following four:

  • It’s efficient. As a business owner, you won’t face many of the efficiency issues other busiensses have. You won’t need to hire staff, for example. There is also no need for inventory tracking either. These aspects are built in to the business and it’s operations.
  • Low startup costs. Sure, you can’t start your own ice machine business for free, but you can expect reasonable prices as well as a sensible initial investment. It’s also often the case that there is flexibility around financing. It can be one of the more lucrative additions to your business portfolio
  • It’s steady. Unlike many things in life when it comes to business, people will always need ice. Even if it’s just for an ice cube or two for a drink. And ice sales are constant during economic downturns.
  • It’s almost ‘hands-off’. You will have to be part of your vending business to a certain degree, but you won’t have to be anywhere near your machines. Some machines even allow you to check them remotely as they work in retail locations such as convenience stores

What’s the cost of an ice vending machine?

They are not as costly as you might think. Ice House America is one of the leading brands for ice machines and it says that you can generally expect prices for a machine to range from $43,000 to $150,000. For a business that could eventually bring considerable passive income, that isn’t too much money. And if you’re concerned about buying the unit and repairs etc. the machines usually come with a full manufacturer’s warranty for a year.

There are some machines out there that can cost as little as $20,000. However, you will need to be careful here. The price range quoted in the previous paragraph can offer a machine with a long life. If you buy one for $20,000 you may find out it needs a lot of repair and maintenance within just a couple of years. These repair costs could cost you a lot of money in the long-term.

They’re pretty tough too, with ice vending machines expected to last up to 20 years. This means you don’t have to worry about purchasing a new vending machine a couple of years down the track.

The type of business you run is dependent on what you want and what the vendor can offer. For example, some companies offer only a franchise model, where you have to pay a portion of your profits to them alongside franchise fees. Others will sell you the machine outright. The reason why someone might go for the franchise model is that there is generally more help from the vendor on setting up and so on. But buying outright means you get to keep all the profits.

Want to start your very own vending machine business?

Why not learn from the experts at iKrave Vending.

Featured in Business Insider and CNBC.

Placement

Then you have to think about placement. High traffic locations are absolutely crucial to this type of business. The perfect location is generally one that has plenty of potential customers. These tend to be office buildings for example, but some of the best locations include a gas station or inside convenience stores. Believe it or not, some companies are happy for you to place one on their premises for zero cost. Others will charge and you will need to shop around for the best deal for you.

It is a good idea to make sure the vending machine you choose accepts only remote payments. That way, you’re able to streamline your business. In terms of credit card payments, you will incur minimal ongoing costs. Nevertheless, it is only a minimal cost, which saves you from having to visit your machine on a frequent basis.

Maintenance is one of your biggest ongoing costs. Equipment breaks down occasionally. It is therefore critical that you have a maintenance company at hand. There are companies that specialize in this kind of maintenance. You don’t want to leave your machine for too long without repairs. Check on your machines regularly to minimize repair costs. Contact your maintenance person as soon as possible when something goes wrong. Even if it is something as simple as a water dispenser problem, if you don’t alert maintenance experts quickly, it will cost you money.

While we’re on the subject of maintenance…

How to maintain your ice vending machine

Like most appliances and machines, you can do a lot of the maintenance work yourself just by looking after the units.

Since they don’t need to be restocked regularly, ice vending machines require less upkeep than most vending machines. If you keep an organized schedule and plan in place, your machine will be in perfect working condition and your customers will be satisfied, while consuming the least amount of time and energy.

Keep a detailed maintenance schedule

Stay organized if you want your vending machine maintenance to stay on track. Maintaining a written plan that outlines the steps you need to take and when they need to be taken is a good way to keep from getting behind. Keep a spreadsheet on your computer or on your phone, or a schedule in your office. The schedule should include:

  • Clean surfaces, remove dirt and mud, empty trash cans, disinfect surfaces.
  • Clean ice maker, augers, and add salt each month.
  • Clean machine floors, aerate freezers, and sanitize water dispensers as needed

Plan for water contamination events and monitor them

A local water supply supplies water to your ice and water vending machines. As a result, you will need to watch for water advisories if you have ice vending machines installed anywhere. If the water supply in your area is contaminated or water advisories are issued, you’ll need to take additional cleaning measures. 

Prepare a water advisory maintenance plan that includes:

  • Clean the applicator, the container, the bin, and the auger
  • Remove the sediment and dechlorinator filters
  • Place towels on the machine floor to keep the floor clean while you are performing maintenance, or sanitize the floor afterward

Maintaining and repairing the lot

Improve the appearance of your vending machine to encourage customers to visit it. Adding maintenance steps such as light bulb replacements or surface repairs might be necessary if you own the lot. The land owner may need to be consulted about repairs if you don’t own the lot.

Learn how to start your own vending machine business with under $3000 in capital.

Head on over to iKrave Vending for the full story.

How much will my ice vending machine business make?

Obviously, you’ll have to work hard and make sure you actively run the business, but the industry can be one that brings considerable income. If you go with the average price points and the expected sales volume in the industry, you can look forward to a net income of around $3,600 per month. Average costs for the month are around $230.

Everest Ice and Water Systems is an INC Top 5000 company and provides a very useful profit calculator on it’s website. Take a look at the calculator here for a realistic idea of your income prospects with ice machines.

A bag of ice is not a huge business cost. Each 100 pounds of ice typically costs $0.25 in water and electricity.

Therefore, a bag of ice weighing 20 pounds might cost as little as $0.05 in utilities. Some people bring coolers, but for those who use bags, they will each cost around $0.10.

This means the variable cost of a 20 pound bag of ice is just under $0.15. If the bag is sold for $1.75, your variable profit is $1.60.

  • A $35,000 machine has a life of 10 years, so it costs around $300 a month.
  • Assume your rent is $300 per month. At $1.60 per bag profit, you would need to sell 375 bags per month to break even.
  • Each day, this amounts to about 12 or 13 bags. Naturally, you’d rather do more than break even, you’d like to make a profit.
  • It is therefore critical that you find a site that attracts 30 customers or more per day

Renting a site

You will likely have to spend some money to rent a site that attracts 30 or more customers per day.

In some areas, it could cost as much as $500 per month.

Gas stations and convenience stores both cater to the same types of customers, so the first place to start is there.

At least 10,000 cars per day is probably a good target.

Furthermore, there should be easy access to the ice machine, good ingress and egress, and road accessibility alongside parking blocks.

With $300 per month in capital costs (machine and site work) and $300 per month in rent, multiplied by an additional $100 per machine per month in licenses, maintenance, repairs, and other costs, the break even point is approximately 14 to 15 bags per day.

If 50 bags were sold per day, a machine would produce about $1700 per month in profit.

How much energy does a machine use?

With environmental concerns now a priority, as well as financial concerns, it’s important to be aware of how much energy your machine will use.

Here is a handy calculator I found online that will give you the full picture on the typical rate of ice maker energy use.

Next steps

To get started with your ice vending machine business take the following steps:

Set up your business by choosing a name and arranging for a logo to be created. The logo is quite easy to take care of. You can head to any freelance websites like Fiverr and get a designer to do it for you there. It won’t hit your bank account hard and will enable you to start branding your business.

Then create a website for your business. Again, this is not expensive, and you can even set up free websites via Google and WordPress. Don’t worry too much about making the site perfect, it’s more about making sure that you have a presence online. Getting your vending machine business listed on Google is also important. Do this by creating a Google My Business listing. You can then be found by people looking for vending services in your area.

Then establish an LLC, corporation, or any other business entity you intend to use for your business. An attorney can help you with your business entity formation, or you can use online resources that can help you do this yourself.

Then, head on over to:

Ice House America

The Ice Depot

Bag of Ice

These are great places to start with setting up your own ice vending machine business.

Want to learn about another opportunity? Take a look at my extensive guide to Quiznos franchises. Or how about my guide to can vending machines?

Too much to think about? Try Todoist to get your life (and ice) in order.

Quiznos Franchise Costs (In-depth analysis)

Do you want to own your own business? In this post I take a deep dive into the Quiznos fast food franchise, including a look at Quiznos franchise costs and how to get started.

The company was created in the United States in 1978. It started out with the name Sandwich World. It wasn’t until 1981 that the company changed its name to Quiznos.

Soon there were Quiznos locations all across America. The restaurant business also opened up store operations in Canada during the 1980’s. By 2013 Quiznos had become the second largest fast food chain for subs in North America. This placed it just behind Subway.

The original Quiznos was located in Denver, Colorado. Jimmy Lambatos and Todd Disner set it up in the Capitol Hill area. That first Quiznos store soon became known for its food quality. Quiznos made toasted subs and at the time this was an innovation in the sandwich restaurant industry.

Quiznos first started offering franchises in 1983. Rick Shaeden and his father opened their first Quiznos franchise in Colorado in 1987. By 1991 they had bought the entire chain from the original founders. It then became the Quiznos Franchise Corp.

More than 500 restaurants in North America and more than 200 in 31 countries make Quiznos a viable option in urban and suburban areas as well as non-traditional locations, including colleges, airports, hospitals, and more. There is wide open access to both U.S. and international markets.

With thanks to ownaquiznos.com

Quiznos Values

If you want to run your own business and have some restaurant management experience, this is a clear business opportunity. Having your own Quiznos means aligning yourself with the brand values:

  • Entrepreneur – Take Ownership of Your Restaurant, Stand by Your Results, and Learn from Your Successes and Failures.
  • Leadership – Excel within Your Community and Guide Your Restaurant and Team Members.
  • Experience – Use Your Previous Restaurant Knowledge to Succeed with Your Future Business Growth.
  • Diligence –Give Maximum Effort Every Day and Proactively Respond to Change for Your Restaurant to Succeed.
  • Quality – Provide a Restaurant Experience to the Customer with Great Tasting Food and a better food choice in an inviting environment.

Quiznos Franchise Costs: What will I sell?

The main item on the menu will be Quiznos subs. These are what the brand is based on. However, like many other sandwich chain brands, Quiznos offers a wider menu. Quiznos is also known for soup, pizzas and salads.

Although it is no longer a novelty, Quiznos will forever be known for it’s toasted subs. And that is what will get the customers turning up. The Quiznos brand has been built on that core concept of toasted sandwiches made with fresh ingredients.

The ingredients are what made Quiznos such a big deal in the first place. The restaurants don’t use processed cheese and they ensure that all meat is high quality. There is also plenty of choice, with customers able to select the ingredients they want in their subs.

Quiznos franchise costs: How do I start?

In order to apply for a franchise, you can use one of two methods. The franchise agreement can either be downloaded from the Quiznos website or you can fill in the application online. Upon completing the application, you will be contacted to start discussions. The franchisor and you must both be sure you are a good fit for each other.

Quiznos Franchise Costs: What support will I receive?

As part of the franchise agreement, the franchisor must provide franchisees with the following assistance:

  • A suitable outlet/restaurant location will be found for you, with Quiznos locating real estate on your behalf
  • If financial assistance is required, the franchisor will be able to connect you with approved lenders
  • Architects appointed by the franchisor will draft plans for your outlet
  • A licensed architect / contractor will obtain the necessary planning permissions on your behalf
  • Shop fittings will be provided
  • Deliveries and installations of signage and equipment will take place
  • Training will be provided to you in every aspect of building your Quiznos building, in-store operations training for three weeks, and managerial training for four days. You will take part in some of the training through the Quiznos University, including a focus on the Quiznos business model.
  • Lastly, a designated franchise manager will provide you with whatever guidance you need to open your store, during its opening, and afterward.

When considering a location for a prospective franchisee, Quiznos asks the following questions:

  • Are drivers able to see the location from the road? Is it visible to pedestrians?
  • Is the location easily accessible by car? Could it be reached on foot easily?
  • Are there multiple traffic generators in the area? Is the location already popular among residents? Does the location have other attractions nearby?
  • Is this location popular during lunchtime?
  • Are there other businesses and residences near this location?

Online training

Franchisees will have access to the Quiznos online training platform before attending further training sessions. Modules include educational topics such as the brand, the recipes, how to prepare the sandwiches, the POS system, and how to train employees. As a result of the online training platform, once you have graduated from the training facility, and are ready to open your new restaurant, you have access to the necessary information about your new business no matter where you are in the world.

Classroom training

There will also be several classroom-style training sessions to prepare you to run a successful business. Among the skills that Quiznos will teach you are how to market your business effectively on social media platforms such as Facebook, Twitter, and Instagram and how to hit the pavement in your community to sell catering services to small businesses in your area. Furthermore, Quiznos teaches you how to read Profit and Loss statements, develop a business plan, and grow your business.

Ongoing coaching

Your field representative will visit or call you regularly to determine how well you’re accomplishing the goals you set for your new business, as well as to answer any questions and resolve any issues that arise. You’ll benefit from this ongoing presence in the form of peace of mind, holding you accountable, and assisting you in scaling your business.

Quiznos Franchise Costs: Do I need experience?

In franchising, Quiznos looks for certain experience, focus, skills, and attributes. Master Franchisees in the UK speak of drive, commitment, teamwork, passion, and hard work. Franchisees at Quiznos are also appreciated for their management experience.

It is essential for you to be eager to learn the ropes of the business, ambitious to grow your business and perhaps to open multiple locations, be strongly self-driven, have clear and developed leadership skills, and have access to the required financial resources.

Franchisees who are veterans have proven success following systems, procedures, and processes that make for successful businesses. The company operates on systems. In franchising, following procedures and implementing systems with the precision emphasized in military training is an effective strategy.

Quiznos franchise costs: How much?

To become a franchisee of Quiznos, you will be required to pay an initial franchise fee of around $17,000. You will also need some equity capital to become a franchisee of Quiznos. An additional fee of $68,000 is quoted by the franchisor on top of the franchise fee. This is a fairly typical startup fee for a fast food franchise.

Along with other expenses taken into consideration, your set-up and startup costs may be as high as $255,000.

Franchise fees, real estate agent and legal fees, design and construction costs, signage, a point-of-sale system, and advertising for the opening of your outlet can affect the costs.

Quiznos Franchise Costs: What are the ongoing costs?

Quiznos franchisees will have to pay 4 per cent of their gross sales for advertising fees and 7 per cent for royalties. You may use the remaining funds to cover overheads such as rent, utilities, salaries, and so on. If your business is successful, you may well be able to draw a salary.

Quiznos franchise costs: A turnkey operation

From your first franchise enquiry until your first day in business and beyond, Quiznos offers you turnkey services. Within 24 hours of completing the survey, the architect will draw up plans for the site. The process generally takes four to six weeks. The team of architects, contractors and shopfitters will get your store built on time and to an excellent standard. Planning permissions and construction regulations will also be handled by them. You will receive a key when the store is ready so you can start trading.

Quiznos Franchise Costs: Do I get a guaranteed income?

Franchise income varies according to various factors, including how much and how well franchisees work. How much income you make is entirely up to you. A typical franchisee claims that the restaurant can be up and running, earning income, in as little as six months.

Quiznos Franchise Costs: What about marketing?

Your brand and advertising are supported nationally, but you must also carry out local marketing, especially during your pre-launch and first few months. The right marketing campaign will build Quiznos brand loyalty and result in sales growth. The training that you receive will also consist of assistance in planning a ‘grand opening’ and receiving a store ‘toolkit’.

Quiznos Franchise Costs: So what’s the problem?

Bad luck, basically. When Quiznos was at its peak, it was a huge success. Early in the 2000s, the chain became a formidable competitor to Subway, with its innovative national advertising and a focus on online marketing. Contrary to its larger rival, it served toasted subs rather than cold sandwiches.

Arby’s and Firehouse Subs currently operate a combined 4,300 locations, putting the Quiznos chain’s size of 4,700 in 2007 in perspective. Yet those 4,700 locations were based on weak economic fundamentals of low unit volumes and low profits.

Rick Schaden, the chairman of Consumer Capital Partners, sold a minority stake in Quiznos to private equity firm CCMP Capital Advisors in 2006. Several hundred million dollars of the company’s debt remained after the leveraged buyout. A loan obligation of $875 million was part of Quiznos’ bankruptcy filing in 2014.

Assumed in a leveraged buyout is the ability for the company to continue growing, since money from the company goes to pay the previous owners. This type of buyout is fairly common.They’re also highly risky. In fact, Quiznos would turn out to be the scariest scenario.

Then Subway just kept getting bigger and bigger.

Small toasters were added to each Subway location in 2005, diminishing the company’s competitive advantage. This weakened the small chain’s position. Then Subway introduced its $5 footlong subs. When Quiznos tried to compete by discounting, it made a big mistake. A famous incident occurred when the company sent out a coupon for a free sandwich in 2009, and franchisees revolted and refused to accept it due to the low profits and discounts. Quiznos’ problems worsened as a result.

The free subs and Subway’s $5 footlong offer coincided with the recession’s start. Consumers cut back on eating out because of the recession. Federal data indicate that restaurant sales actually declined in 2009, a remarkably unusual event. The recession hit many companies. Bankruptcies were commonplace. Almost all of Quiznos’ franchisees made very little profit. Many of them closed their stores.

In 2009, 700 locations were closed. Around 800 more closed in 2010. On Craigslist, it was possible to buy Quiznos equipment for pennies. Although Quiznos could have helped those franchisees, it still owed money. The food sales were crucial for funding. Consequently, the chain continued to close stores.

There is good news, however: the financial strategies that led to many closures have been changed. In addition, the company’s unit volumes have risen: Average unit volumes rose 3.9% in 2017.

Then REGO Restaurant Group, a private equity firm that specializes in transformational opportunities, acquired Quiznos. In mid-2019, High Bluff Capital Partners and REGO began an evolutionary process when they partnered with Prophet, a business transformation consultant. According to REGO president Mark Lohmann, several members of the management team have worked with Prophet at previous companies. In this regard, Quiznos knew it would get what it wanted-a brand revitalization.

Prophet conducted in-depth market research and provided recommendations based on consumer insight during the process. A new store prototype was created with updated design, new menu items, and drive-thru ambitions. This new model was introduced to franchisees in 2020.

The verdict

It is fairly clear that Quiznos has been through the mill. The food industry is notoriously difficult to navigate, but Quiznos has had a particulalrly rough time.

The main reason for that bad experience is bad business strategy. But brands can bounce back, and Quiznos still has national brand recognition even against the mighty Subway franchise operation. Quiznos restaurants may have dwindled for a while, but expansion into other countries is continuing, and the REGO factor seems promising.

The next step

According to Quiznos, this is the process:

Request Information

  • Complete the form to start the communication process
  • Speak to a Quiznos Franchise Development Manager

Initial Application

  • Complete application
  • FDD signed & returned
  • Financial Review
  • Speak with a Franchise Development Manager

Final Approval

  • Business plan review
  • Site review and approval
  • Sign franchise agreement
  • Secure financing

Training + Construction

  • Sign lease
  • Begin construction
  • Quiznos University

GRAND OPENING

  • Store grand opening
  • Instore and ongoing operational support

All in all, I feel the new direction for Quiznos is promising stuff. With low initial investment costs and a great support offering, this could well be one of the best franchises around right now.


Read more…

With more than 2800 restaurants worldwide, Arby’s Inc. is a subsidiary of Triarc Companies, Inc. Among other things, Arby’s is known for its roast beef sandwiches. Their food franchises in the United States allowed the chain to expand briskly during the 1970s and 1980s. Arby’s had more than 2,500 stores by 1995.

Want to learn more about investing in an Arby’s franchise? Read Arby’s franchise cost: (read before you invest).

Arby’s Franchise Cost: (Read Before You Invest)

Are you thinking of buying into a franchise? Confused about what to do? This post looks at Arby’s, an established and resilient food franchise.

In this post, you will learn:

Background

With more than 2800 restaurants worldwide, Arby’s Inc. is a subsidiary of Triarc Companies, Inc. Among other things, Arby’s is known for its roast beef sandwiches. Their food franchises in the United States allowed the chain to expand briskly during the 1970s and 1980s. Arby’s had more than 2,500 stores by 1995.

Right now, there are more than 3,400 restaurants in 8 countries. So it’s kind of a big deal.

Back-to-back best franchise deal.

QSR Magazine

Forrest Raffel was born in May 1922. His younger brother Leroy Raffel was born on March 13, 1927. During World War II, both brothers served in the military (Forrest in the Air Force and Leroy in the Naval Reserve). Upon graduation from Cornell University’s School of Hotel and Restaurant Administration, Forrest opened his own business. Leroy Raffel graduated from the Wharton School of Finance at the University of Pennsylvania.

It wasn’t until the 1950s that the brothers purchased their uncle’s restaurant equipment business and founded Raffel Brothers, Inc., an industry leader in providing food service consulting and restaurant equipment for operators.

It was Thursday, July 23, 1964, when the brothers opened their first Arby roast beef sandwich shop in Boardman, Ohio. After being unable to use the name “Big Tex,” they called the shop “Arby’s” to use the initials “R” and “B” from Raffel Brothers.

Arby’s was positioning itself as an “upper scale” quick service restaurant by selling roast beef sandwiches at affordable prices compared with McDonald’s hamburgers. By the late 1960s, The Raffel Brothers had over 300 locations across more than 40 states, thanks in part to the success of the first store. It set the precedent with spaces that had a welcoming dining atmosphere, a fresh line of sandwiches and a very strong brand culture.

Arby’s franchise cost: what can new Arby’s potential franchisees expect?

According to Arby’s:

You get the strength of a brand with a 45-year history of doing things different and better. You get unparalleled marketing, franchising, and operational support. And best of all, you get to join one of the most loyal franchise families in the restaurant business, a group of go-getters who want you to succeed and will do whatever it takes to help get you there. Sound like a place you can call home?

Arby’s

It’s the second-biggest sandwich restaurant brand in the world. The 45-year history is an attractive pull for new franchisees because this makes it an established brand with a huge customer base and strong sales.

The business model has been evolving over the past 55 years to ensure that every franchisee will benefit quickly. In order to make Arby’s restaurants easier to run and maintain, every aspect of the purchasing, storage, training, and management processes have been streamlined as part of new franchisee orientation. 

Arby’s argues that all of this makes it an accessible franchise opportunity and a positive overall experience. New franchisees who work hard can expect to feel part of the Arby family quickly.

When you buy a franchise, you become a part of a system. The majority of franchise systems offer training so that new franchisees can quickly master the business. Franchisees at Arby’s must attend a “New Franchisee Orientation (NFO)” which consists of either a one- to two-day classroom program. Other than travel, lodging, and meals, there is no cost associated with this program.

In addition to multi-unit operators and retailers, Arby’s is looking for franchise candidates with a success record. New franchisees interested in applying are also encouraged to do so. However, they must either have licensed, experienced restaurant operators on their team or complete an extensive training program.

As a restaurant business, Arby’s has focused almost entirely on sandwiches, with roast beef sandwiches being the signature menu item. One good thing for new franchisees to bear in mind is that Arby’s has a sensible price point, with customers coming back time and time again for affordable, tasty meals.

Arby’s franchise cost: what is the total investment and fee level?

The initial franchise fee for having your own business as an Arby’s franchisee is $37,500. For any new restaurants you open, you can expect to pay $12,500.

When it comes to investment levels (startup costs) , you are looking at:

  • From $336,500 to $927,900 for a leasing arrangement
  • From $750,000 to $2,474,400 for purchase of land building arrangements

The above Arby’s franchise cost ranges cover the initial license fee of $37,000 (before you open a second restaurant).

The additional fees are not beyond the reach of most people. The royalty fee for an Arby’s franchisee is normally set to 4% of the gross sales a business makes. This is pretty fair for a fast food franchise, compared to the up to 5% McDonald’s can charge. Further additional fees are approxiately 4.2% for advertising and marketigng.

Finally, Arby’s requires that new franchisees for any new openings have a net worth of $1,000,000.

Veterans as Arby’s franchisees

As a member of VetFran, Arby’s provides career opportunities for honorably discharged or wounded veterans. Vets enjoy reduced development fees (normally $12,500, but only $6,250 for vets) when they open Arby’s restaurants. They also benefit from a waived initial license fee and a reduced royalty fee of 1% for the first year.

A good investment?

In its Franchise Disclosure Document for 2020, Arby’s reports EBITDAR (earnings before interest, taxes, depreciation, amortization, and rent/real property costs) of $246,192 per restaurant. This figure is based on 1,111 units. Total sales have reached $4 billion across 3,500 locations in 2019.

Even with COVID putting pressure on hospitality in general, Arby’s seems to be a market opportunity that is well worth considering.

The next step

Head on over to the franchising page to get in touch with the team that works with new franchisees.

Then:

  • You’ll be given a Franchise Disclosure Document (FDD) to review
  • You will fill out an application and Arby’s will run a financial check and background checks
  • The Franchising and Operations leadership will meet with you and have a discussion about your experience in the industry
  • A discussion will take place around territories for you to set up in
  • After final approval a Development Agreement (DA) will be given to you to sign
  • Once the DA is signed and the fees are paid the building and construction team will begin working with you to build your restaurant

I see Arby’s as being a solid franchise offer. It does take some considerable investment at first, but it’s an established, reliable business that is continuously expanding.

Don’t know where to start? How about my Beginners Guide?