With rising inflation and the threat of a looming recession on the horizon, we have it hard enough. Side hustles have emerged as the dominant way for people to make some extra cash quickly and vending machines are at the top of the list.
As little as $2,000 can buy a vending machine and start a new business. Many owners are being intentional about what products they sell and placing their machines in Black communities.
While this all sounds great, why go for a vending machine instead of real estate, for example? Avenues like real estate have a higher barrier to entry. There are certification costs, not to mention the lack of inexpensive real estate deals available. Vending machines are cheaper.
Vending machines are a creative alternative to traditional businesses. The low cost of entry and ability to control the business yourself makes it a perfect way to make more money in harsh financial conditions.