Handling Contracts & Overview of Machine Suppliers
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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