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Starting a business, Welcome1 of 1 people found this helpful
To suggest a business structure, I would like to know more about you, (like Single??, Married?? Do you own a house or other assets that you need to protect??) Also your tax bracket and how much money this vending machine makes. That is why you should talk to YOUR Lawyer or Accountant.
An alternative would be SCORE?? SCORE is FREE both in person and online.
Hope this help, Happy thanksgiving
Yes I am single and no I do not have any assets aside from the single vending machine. I make about 75 thousand a year from my job. I don't own a home.
Starting a business1 of 1 people found this helpful
Thanks for your answer. Keep it simple. A Sole Proprietorship, is the most common form of business.
A Schedule C. Profits are added to your income, Any losses get deducted from your income.
Let me know if you need more info.
Happy Thanksgiving, LUCKIEST
I would like to know if I need any type of permits or license for the preparation or sale of food?
Starting a business
You are making sandwiches for sale to the public, you may need to have a state certified kitchen to be able to make them, in oregon to make anything for sale to the public it's got to be certified, it can be your home kitchen as long as it has been inspected on a regular basis from the state agency. Also you may need to have a food handlers card. Good luck.1 of 1 people found this helpful
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Hey everybody - thanks for all the info. I don't know who came up with the idea but I just think forums are one of the greatest ideas ever. So simple yet highly effective. Anyway I am interested in starting a vending machine route and I would like to know everything i need to know but if you could provide just one piece of the pie i would be happy. First things first. I already purchased a good working machine and I already have an excellent location for it. I will be perfectly happy with the one machine for the next two years before i would actually look further. The thing that has me worried or thinking is that half of the product offering in the machine would be sandwiches that i make and wrap. The machine is refrigerated. I would like to know if I need some kind of food permit or license? Either for the preparation or sale of food or both. The rest of products would be cookies and chips. I live in New York. Also I would like to know if anyone has any idea as to what business structure would be good for this. I already have a full time job and I will be the only employee. I would appreciate any help on the subject. Thanks