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Choosing the Right Machine

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Handling Contracts & Overview of Machine Suppliers

Handling Contracts & Overview of Machine Suppliers

Mike Hoffmann

Vending Machine Expert

Explore the nuances of vending machine contracts and discover the best machine suppliers to enhance your vending business.

Handling Contracts, Objections & Preparing for Machine Selection

Securing a location is only part of the process. Knowing how to handle objections, negotiate contract terms, and protect your investment is essential for long-term vending success. This module covers practical strategies to navigate common concerns related to contracts and insurance—while setting you up for the next step: choosing the right machine.

Contract Negotiation Essentials:

When dealing with contracts, especially as a beginner, keep flexibility in mind. You want to avoid being locked into a location that doesn't perform well.

Key strategies:

Always include a 30- or 60-day termination clause

  • This allows you to pull out quickly if a location underperforms.

  • The clause protects both parties and gives you freedom to pivot without legal friction.

Don’t stress about contract terms

  • These agreements are usually negotiable and should work in your favor, not just theirs.

Responding to Common Objections:

When property managers bring up insurance or liability concerns, remember: you're not offering a high-risk service.

Address objections with clarity:

Insurance requirements are flexible

  • You're not climbing ladders or operating machinery—you're placing a stationary snack and drink unit.

  • Most vending businesses can push back on excessive insurance demands and propose reasonable coverage instead.

Bottom Line:

  • Contracts should be tools for flexibility, not restrictions.

  • Use the 30–60 day out clause to protect your assets.

  • Be confident and reasonable when responding to contract or insurance objections.

  • Keep it simple: you’re not operating heavy equipment—just providing a passive amenity.

Transition to Next Module:

Now that you know how to negotiate and secure your location with confidence, it’s time to shift focus to a critical question: What kind of vending machine should you place in that location?

In the next module, we’ll explore:

  • Different types of machines

  • Smart vs. traditional vending

  • How to choose the right supplier

Let’s dive into the details and get into the nitty-gritty of machine selection.

Complete the following exercises:

1. Reflect on a recent negotiation you experienced, whether in business or everyday life. Consider how incorporating a flexible term, like a 30 or 60-day clause, could have altered the outcome. How might this approach benefit your future negotiations?

2. Research a vending machine supplier that aligns with your business goals. Analyze their offerings in terms of machine variety, customer service, and technological support. Prepare a brief summary highlighting why this supplier is a suitable choice for your operations.

QUIZ

1. Why is it advantageous to include a 30 or 60-day term in vending machine contracts?

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Leave your comments and questions below.

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Join Vendingpreneurs

Join live weekly calls with me & coaches with $1M+/mo vending experience. We'll handhold you through your first vending business.

Join Vendingpreneurs

Join live weekly calls with me & coaches with $1M+/mo vending experience. We'll handhold you through your first vending business.

Join Vendingpreneurs

Join live weekly calls with me & coaches with $1M+/mo vending experience. We'll handhold you through your first vending business.