14 Best Bubble Tea Franchise Businesses in 2023 (Boba list)

Contents:

The magic of bubble tea

S-Tier

A-Tier

The bottom of the barrel tier

Finding the best bubble tea franchise for you

With thanks to 300daysaway.com

Are you looking for the best bubble tea franchise to invest in?

Unless you’ve been living under a rock the last few years, you’ll have heard about bubble tea. It’s huge, and it also happens to be a franchise model you can jump into relatively quickly.

To give you an idea of how big the world of made-to-order beverages industry is:

The global bubble tea market size was USD 2.02 billion in 2019 and is projected to reach USD 3.39 billion by the end of 2027, exhibiting a CAGR of 7.2% during the forecast period.

Fortune Business Insights.

With thanks to Business Wire

The industry is big, and this makes it something you should be interested in. It’s proven particularly popular with Gen Z customers, and they are not an easy market to crack.

The good news is that anyone can run their own bubble tea business and in this post I’m going to take a look at the top franchises around, and how you can get involved.

So let’s get right into it.

Best bubble tea franchise: the magic of bubble tea

Bubble tea drinks are a blend of tea and milk, along with fruit juices. Tapioca pearls are then added to the tea blend before it is shaken to make the final product. The Tiawanese tea-based drink has been popular in China since the 1980s, but has recently exploded in the rest of the world.

You can drink it hot or cold. The drink normally comes with a larger than usual straw, which allows the pearls to travel up the straw. You chew the pearls, or ‘bubbles’ for extra flavor. These chewy tapioca balls are also known as ‘boba’.

There are plenty of boba tea franchise opportunities, so let’s get straight into it.

So which is the best bubble tea franchise?

Let’s take a look at the very best franchise opportunities in the bubble tea market.

S Tier

Kung Fu Tea

First up is what looks to be the most fun: Kung Fu Tea.

Here’s what they have to say:

Founded in Queens, NY on April 30, 2010, we’re America’s largest bubble tea brand with over 350+ locations across the U.S. As one of the OGs of bubble tea, we maintain uncompromisingly high standards. Let’s be real. Making tea that looks good isn’t the hard part. The actual challenge is making tea that tastes good and presenting it in an innovative way. Made with the art of ‘3T’ Kung Fu, every cup of tea is freshly brewed at the perfect temperature using premium tea leaves. The beverages we bring to the table are strong inside-out — perfect for your taste buds and your Instagram stories.

You may or may not want to fill your Instagram feed with photos of the tea you drink here. But 350 locations and counting? That’s impressive. Sounds like the perfect opportunity for an entrepreneur.

The process of becoming a franchisee for Kung Fu Tea is as follows:

  • Fill out the inquiry form
  • A sales representative will contact you via email or phone
  • Schedule an interview to go over all the details
  • Receive franchise disclosure document (FDD)
  • Look for the best possible store location (the Kung Fu Tea Team will provide professional recommendations for location screening and final approval)
  • Sign franchise agreement and lease for approved store location in your local area
  • Store Renovation (the Kung Fu Tea Team will provide a standard store layout, floor plan and interior design for bubble tea stores)
  • Training Program (provided for up to two people and usually finishes in three weeks)
  • Grand Opening (the Kung Fu Tea Team will have a senior staff member present to assist you during the grand opening period for up to two weeks to ensure smooth store operation)
  • High fives and continued support from the Kung Fu Tea Team as you run your own boba shop

(Kungfutea.com)

The Kung Fu Tea franchise offers you a traditional or nontraditional store model. A traditional store is the whole ‘Starbucks’ feel, with a bricks and mortar store in town (500 to 1500 square feet). A nontraditional store can be set up in the following locations:

  • Airport
  • Hotel
  • Military installation
  • School
  • University
  • Train station
  • Subway station
  • Theme park
  • Shopping centers

Any place that has foot traffic but isn’t in a shopping mall, basically.

The training fee is $10,000. I couldn’t find out if that is for each person (they can train up to two) or for multiple franchisees.The traditional store franchise fee is $37,000, with the nontraditional fee being ‘on request’.

The total initial capital is where the large sums come into play. For a traditional store, Kung Fu Tea say it’s anything from $140,000 to $422,000. For a nontraditional store franchise fee you are looking at anything between $123,000 to $275,000.

How much can I expect to make?

Unsurprisingly, Kung Fu Tea don’t explicitly offer expected income statements for franchisees.

Go here for the application form.

Verdict: This is a huge and very popular franchise. It also has partnerships with other brands in the fast food industry so you can easily expand once you’re up and running. But if that was all I said on the matter I’d be letting you down.

Some good news first though. Even during the pandemic the franchise saw it’s franchisees opening up stores all over the place. During 2020 26 new franchise locations opened. That’s pretty special. However, in 2020, the average franchise revenue was just $335,688.

That’s before costs.

Stack that revenue up against the franchise fee and it’s not hard to see why the average Kung Fu franchisee has to wait 10 years before breaking even. Now, this is not a bad thing. It just means that anyone who takes this franchise on has to do so with eyes open, and an understanding that it is a long game.

There is plenty of growth in bubble tea though, so that final wait may shorten somewhat.

Gong Cha

Okay, here’s Gong Cha. The headquarters for this company are in Taiwan, but the brand has franchisees all over the world. It was founded in 1996 and has over 18,000 Gong Cha stores in over 20 countries.

The website says it’s all about ‘brewing happiness’:

“Gong cha” is a Chinese term for the act of offering the best tea to the Emperor. It represents teas and beverages of the highest and finest quality, fit for royalty. Today, Gong cha is dedicated to the same principal of providing premium products to its customers around the globe. Gong cha promises to inspire the human spirit and create happiness with a perfect cup of tea.

The process of becoming a franchisee with your own location involves first filling out a form online and then going through some checks. After a credit check there is a business plan review. Then there is a location review and a check and review of the franchise agreement.

Comprehensive training then takes place, before construction of the store and installation of the necessary equipment. Then it’s grand opening time.

It takes roughly 30 days for the initial checks to go through. Then after signing the agreement and going through the process the wait time before opening is usually 4-8 months. Go here for the application form.

Verdict: A popular franchise, Gong Cha has a great international presence. However, this is all about the long game as well. In 2021, with an average 18% profit margin, you could expect to break even in around 8 years. Again, this is a market that is exploding, but anyone who enters the franchise opportunity without a long-term view will simply lose money.

Sharetea

This brand has over 100 stores in North America, so it is reasonably well established. The franchising fee is $22,500 and franchisees can expect to pay start-up costs from $260,000 to $360,000.

Sharetea says:

At Sharetea, we have professional R&D team to create recipes with different ingredients to bring out the unique qualities of each tea. We focus greatly on quality and insist on providing authentic Taiwan high mountain tea to deliver great experiences.

Sharetea claims it has a very easy franchise system that offers full support.

The company itself has published guidelines on how to start a franchise with them:

  • Ensure you have adequate capitalization.
  • To start your own Sharetea bubble tea business, you must have a minimum initial capital of $100,000+.
  • Appreciate the investment required for a bubble tea franchise.
  • You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
  • Evaluate your prior experience and strengths.
  • You should thoroughly evaluate your prior business experience before applying to become a Sharetea bubble tea shop franchise owner.
  • Assess market availability.
  • You will want to look at the market availability for Sharetea franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
  • Submit your application.
  • Your application will be reviewed by the Sharetea franchise agent. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
  • Receive approval & opening your Sharetea franchise.
  • You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.

I had a good look around and couldn’t find any reviews on Sharetea from a franchisee point of view. The best bet is to make some moves towards applying and see what happens. I will say that it is a franchise that has some traction worldwide, and is therefore at least worth investigating. But I wouldn’t make it my first choice.

Bubbleology

Okay, this one has a name that you can’t really forget once you’ve heard it once. So that’s good. Alongside the usual bubble tea-based drinks Bubbleology also offers Bubble Waffles. You need to check out the website to see just how amazing these things look.

Headquartered in London, the brand has plenty of sites in the United States.

Let’s get right into the requirements that Bubbleology has outlined for franchisees. They say you need local market knowledge and a passion for the brand. Other requirements include:

  • $100K in liquid assets per store
  • $300k net worth per store
  • Some retail or restaurant experience

Initial franchise fees are $32,000 and the franchise term is five years.

CUPP Bubble Tea

Now, here’s one to seriously consider. It could be one of the best bubble tea franchise opprtunities out there right now.

The company is UK based and has a number of stores there. However, it does offer international opportunities, specifically the chance to become the owner of an International Master Franchise. This allows you to own the rights to a whole territory.

Startup costs include £17,000 (approx $20,300 at time of writing) as an initial fee. Then you’re looking at £80,000 (approx $95,000) to open up your first store. And that’s it.

As a Boba franchise this one is particulalrly impressive. The brand is well known for excellent training systems and their support is a respected feature.

Verdict: Well-respected with a strong customer base, and with excellent opportunities abroad. This is extremely polished and pretty much a perfect business opportunity. This falls into the ‘best bubble tea franchise’ bracket.

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7 Leaves Cafe

Labelled the ‘Asian Starbucks’, 7 Leaves has 12 (and counting) franchise units in the United States. The franchise fee is $35,000 and the investment range is $244,000 to $490,000.

According to the company, the franchise is a ‘proven, profitable’ system. The company has seen phenomenal growth since it started up in 2017. The menu is solid, with a wide variety of drink options including ice-blended versions. Most importantly, the company has won a bunch of business awards.

This kind of opportunity requires a solid financial foundation though.7 Leaves requires franchisees to have a total net worth of $2,000,000 plus a liquidity of $1,000,000. So it’s a serious investment and one that demands a true entrepreneurial focus.

Verdict: Strong and well-established in the bubble tea industry, this is an opportunity worth going for if you want your own bubble tea shop and have the funds.

A Tier

Possmei 

This one is actually quite promising in some ways. This brand has headquarters worldwide and two in the USA. There is little information about them other than what is on their website but I feel they are worth investigating for the follwoing reasons:

  • They have headquarters that you can contact in the USA and Europe
  • Their onboarding program for new franchisees is carefuly outlined on the website, and it sounds thorough
  • They are exhibiting at various food and beverage shows and expos around the world

The application is here. Again, do your due diligence, but at least they have established offices in the USA.

Jazen Tea

With over 18 locations across the globe, Jazen is now pushing the franchisee option. 

For Jazen, you need to have $100,000 in liquidity. On top of that, you can expect the total investment to be $186,000 – $339,000.

It’s also quite useful that Jazen Tea offers three different business models to it’s franchisees. You can have Jazen as an ‘add-on’ to your existing business, run your own store or partner up with Pho Hoa (a noodle soup partner).

Verdict: Thorough, professional and growing. 

Bambu

The story:

In 2008, four Vietnamese sisters – Anh, Kelly, Jenny & Julie – open their first Bambu Shoppe in the heart of the Vietnamese community in San Jose, California. Their exceptionally friendly service and large menu of fresh, healthy, and authentic Chè dessert drinks, crisp boba milk teas, signature Vietnamese coffees, real fruit smoothies and exotic juices captured the attention of the entire San Francisco Bay Area. Today, there are over 70 Bambu Shoppes located in 22 states and Canada. The founding sisters still actively manage their four Shoppes in Northern California and Illinois while continuing to deliver a great customer experience and serving their one of kind unique and 100% vegetarian drinks “Just the way you love it.”

That is a great story. And Bambu has shops all over the USA. Interestingly, the company ‘charges no fees’.

I admit I was a little sceptical about that last part. As it turns out, the cost analysis looks something like this:

Initial Franchise Fee: $39,000

Initial Investment : $144,000 – $297,500

Cash Requirement: $50,000 – $100,000

Veteran Incentives: 15% off franchise fee

Royalty Fee: $750-800/mo.

Ad Royalty Fee: $550/mo.

It’s a 10 year term for the franchise too. To be honest, their training looks sound, and they have been featured in major magazines like Entrepreneur. To me, that’s a sign of quality.

Verdict: Definitely check these guys out

CoCo Fresh

Another quality brand with some real growth taking place in the USA, CoCo Fresh has opened 21 stores in New York City and New Jersey. The brand also has 4500 stores around the world.

It offers 1 or 3 store location opportunities. For the 1 store option you can expect to pay start-up costs of between $252,000 and $482,000. It’s one of the best bubble tea franchise businesses I’ve come across, similar to Kung-Fu Tea in that it seems like a genuinely great place.

The bottom of the barrel tier

Tapioca Express

Tapioca Express has a couple of issues I’m afraid.

First impressions are good. The application process is very clearly outlined on the website and it’s reassuringly thorough. Pay a $25 fee upfront to get started and you’re ready to go. However, when it comes to total investment it breaks down like this:

  • An initial investment of $51,000 – literally what they want from you at the start
  • Further liquid assets as part of a start up cost totalling up to $527,000

Now, this is where it got a little hazy for me. I looked at the breakdown of that initial payment and it looks like this:

  • 5 years initial franchise fee of $15,000
  • $10,000 product deposit
  • $3,000 training fee
  • $17,000 mandatory equipment purchases
  • $6,000 for marketing materials

My calculator tells me that is north of $100,000.

The ‘up to $527,000’ includes:

Besides $51,000 as an initial payment to Tapioca Express, there are some other expenses you should expect. For example, construction costs range from $30,000 to $150,000. The cost of equipment ranges from $30,000 to $70,000. The cost of furniture & fixture ranges from $6,000 to 15,000. Initial inventory costs range from $9,000 to $20,000. And, other costs & expenses range from $27,500 to 113,500

(Tapioca Express website)

The website shows the brand has 29 franchisees in the United States. That’s not a hell of a lot. However, it has generally favorable reviews across the Web and it does clearly offer ongoing support for franchisees.

Verdict: One to think about. To be honest, if I’m looking at a franchise offer that doesn’t even get the initial numbers right, I’m not sure I’d like to get involved. Not saying don’t get involved, but due diligence is important. And even if it is legitimate, it certainly can’t be seen as one of the low-cost franchises.

Koi Tea

I actually quite liked the website for this one. Not that design matters, but the elegant site shows some real care and attention to brand image.

Koi Tea is a family business that offers franchises. The store first opened up in Stafford, Virginia, and it was named after a family member’s love of Koi fish. The company talk a lot about values, especially sustainable business practices and the family approach.

So far, so good. Then I started to dig a little deeper into the company and a couple of red flags popped up.

First up, the website says the company is not allowing franchises because it is still getting it’s ‘feet wet’. Then when you head to the franchise page (yes, it’s not doing franchises but it has a franchise page) it offers these words:

Below are the financial requirements to open a Smoothie King in the United States…

Smoothie King?

I respect professionalism, and if the company can’t even manage to use the brand name on the franchise page, we have a problem. For what it’s worth, initial franchise start-up costs start at $200,000 and could amount to as much as $500,000. You need a minimum credit score of 700, and liquidity of $100,000 for one store.

Verdict: I’d think twice. Not the best option. Smoothie King? These guys can’t even get their own brand name right.

Bee and Tea

Great name.

This is still a relatively new franchise, so new that I couldn’t find their website. Still, there are traces of the brand around the Web. Apparently it has one franchisee currently in the USA. Initial franchise fee is $40,000 and initial costs range from $144,000 to $280,000.

I couldn’t find the website, and all of the digging I carried out resulted in the figures above and, startlingly, no actual evidence of a business foundation date. This is about as far from the best bubble tea franchise as you can get.

Verdict: Great name. No website. Do they even exist?

Happy Lemon Tea

Oh dear.

This brand may have over 500 stores worldwide, but their online presence is hardly reassuring. A Twitter account that hasn’t been used since 2013 and the Master Franchise for the UK being the only website I could find. And yet so many franchise sites say they are one of the best bubble tea franchises around.

Verdict: There is a form on the UK website for prospective franchisees, but I didn’t even dare to fill it in. Most definitely not in the running for ‘best bubble tea franchise’.

Finding the best bubble tea franchise for you

Franchises are not an easy way to make money. In fact, they are businesses, which take time and effort to make profitable. Setting out with the right approach can save you some wasted years and a ton of money. If you feel like you’re ready to navigate the choppy waters of franchise ownership, keep the following in mind.

Know why you are doing it

It’s not enough to ‘want to make money’. Franchisee life is hard and demanding. You need to have a goal to aim at. If you don’t have a goal you will drift as soon as the challenges turn up.

Set some goals that focus on specifics. Set dates and amounts when you’re talking about money. For example, ‘I will make $50,000 annual profit by Year 4’ is a lot more powerful than ‘I want to be rich’.

And besides, if you don’t set goals that are specific, you’ll feel worse when you fail. Managing a business is often just about managing challenges. Small, specific and realistic goals are much more satisfying because you can actually meet them.

Shop around

You’re not going to find the best bubble tea franchise on the first day of looking. Take a full view. Search online and call franchise owners. Get a feel for what it’s like to run a franchise. Find the financial reports and data that (most) franchises happily publish.

Learn about the risks involved and the costs if things don’t work out. And most importantly, choose a franchise opportunity that you can see yourself working long hours at. You’ll need energy and plenty of passion.

Contact the franchisor

The franchisor has a part to play in your success, so it’s important that you feel confident they can help you reach your goals.

Look for a prompt response to your franchisee enquiry. Contact their offices (if they are hard to reach it’s probably not worth bothering).

Before you call any franchisor, have this list in front of you:

  • Was there a professional greeting when they answered the phone?
  • Did you reach a franchise sales representative on your first call?
  • How satisfied were you with their answers to your questions?
  • Were they asking for your information?
  • Did they treat you courteously, professionally, and genuinely care about your needs?
  • Were there any next steps offered? 
  • From 1 to 10 (ten being the best), how would you rate them?

When the conversation about the offer is taking place, ask them about the systems they have. Specifically, ask about the franchise qualifying and sales process. The response should be clear and detailed. All the details you would expect should be discussed, from the royalty fees you will be paying to the grand opening arrangements.

The documents

As things progress, you’ll recieve a Franchise Disclosure Document (FDD) and an agreement. Make sure to have a specialist franchise attorney look over these documents. You need to be aware of any potential problems that may arise. This is an absolutely vital part of the process. Yes, you may expect to pay hundreds of thousands of dollars into the business over the next few years, but isn’t it better to pay a few hundred for an attorney who will advise you on the safety of the investment before you start?

Note: Inside the FDD you should find a list of all the franchisees. Use the list to contact some of the franchisees. You can get a real feel for how things are for them. There should be some time for you to visit them too.

Running your own business is a great adventure. New franchisees will naturally find it a challenge, but with a solid franchisor and due diligence you shuold be fine.

Are you looking for the best bubble tea franchise? Thinking of running your own franchise business but don’t have any money? No problem. Take a look at How to finance a franchise with no money (4 simple tips).

Can You Lose Affiliate On Twitch? (read this if you stream)

Can you lose affiliate status on Twitch? Are you a Twitch affiliate who is worried about this possibility? Gaining Twitch affiliate status is a big thing, but it can also be a source of constant stress. If you lose that status, you lose income. Don’t worry though, I’ve got you covered. From the Twitch affiliate agreement to the main reasons why losing the status happens, this post is a complete guide on Twitch affiliate status and how to keep it.

A major moment

Gaining Twitch Affiliate status is a big deal. You’ve worked hard to build up an audience and you’ve streamed a lot.

Twitch has recognised this hard work and made you an affiliate, which means you are now able to use the platform as a source of income through affiliate marketing. It is the first step on the road to having a consistent brand on the platform, and monthly revenue.

So can you lose affiliate on Twitch?

The short answer is yes, you can.

Like any major platform online, Twitch has a set of rules. If they are broken and you happen to be a Twitch Affiliate, it’s not a good look. The good thing is that Twitch has made the most common reasons for losing status clear.

Most common reasons why you can lose Twitch Affiliate status

The main reasons someone might lose the status are:

  • Breaking the Twitch terms of service (Twitch’s rules)
  • Account inactivity
  • Streaming on other social media platforms
  • Streaming banned games

There are also other ‘grey areas’ that I will cover later in the post.

Breaking the terms of service for your Twitch account

Twitch has to deal with 0ver 140 million visits per month, and therefore has a straightforward and easy to understand terms of service statement. Basically, all Twitch wants from you is good behavior.

If you feel that you need to see the terms of service in detail, go here. It is a good idea to at least be familiar with them.

If you do break the terms of service, you can potentially expect to find yourself losing your Twitch account. Obviously, this also means you will lose your Affiliate status.

Twitch explains it like this:

When we find someone has violated our Community Guidelines we take actions that can include removal of content, a warning, and/or suspension of their account. We consider our Community Guidelines to be a living document, and we work with streamers, mods, and external safety and policy experts to review and update them regularly.

So make sure you remain in good standing with Twitch and the user community if you want to keep going on your streaming journey.

Twitch account inactivity

Can you lose Twitch Affiliate status through inactivity?

Not necessarily.

You’ll want to stream regulalrly on Twitch anyway, because that’s how you make money. But don’t worry if you feel like taking some time off. Even the top Twitch streamers can leave a few days between streams.

If you drop off the radar for a few months this doesn’t mean that you will return to an account that has lost it’s affiliate status. Just checking in now and again and setting up a semi-regular streaming schedule can keep you relevant.

However, if you decide to take longer stretches of time off you could be leaving yourself open to losing that status. If you are off the platform for longer than twelve months you could lose your status. Bear in mind though, that Twitch does make decisions on a case-by-case basis when it comes to inactive accounts.

This means that even if you are absent for longer than twelve months, Twitch will still look at your account and make a decision based on the details of the account and the history of it.

If you’re still bringing in a ton of Twitch viewers, they won’t want to get rid of you.

If you have a good standing audience you have every chance of Twitch seeing this as a positive thing and keeping you on board, even if you are absent for a long time. Keep up the live streaming as much as you sensibly can though, because very long periods of inactivtiy can lead to you losing affiliate status.

Streaming on other social media platforms

Twitch is not the only streaming platform. You can stream video games on other platforms like Facebook Gaming and YouTube and develop additional ways to make money. However, Twitch will only let you use those other platforms for your streaming under certain conditions.

The golden rule is that you cannot stream the same content you stream on Twitch on other platforms at the same time. Instead, you have to wait 24 hours before you upload the recording of your stream onto any other platform.

Now, I love Twitch, but I can see why some streamers may want to switch to YouTube as part of their streaming journey (as well as any of the other platforms). If this is something you think you may want to do, make sure you cancel your affiliate account first. This is important because it will make your transition smoother, and if you want to come back, and avoid penalties on your ‘main’ platform, it’s vital.

It’s absolutely possible to move from one platform to another if things don’t work out, as long as you keep on good terms with Twitch.

Just remember that golden rule for your Twitch channel. The moment you stream simultaneously on another platform, or use the same content before that 24 hours is up, you’re going to lose your affiliate status.

Streaming banned games

In my opinion, if you decide that you want to play banned games, then you shouldn’t expect to be able to stream them. Even if you are a new streamer it’s pretty obvious why these games are not allowed. They are banned for a reason.

Just in case you think you’re in danger of accidentally streaming a game that is banned, here is the full list as specified by Twitch itself:

Games are restricted from broadcast based on two criteria:

  • The official ESRB rating is Adults Only*
  • The game violates our Community Guidelines as it applies to hate speech, sex, nudity, gratuitous gore, or extreme violence.
  • 3DXChat
  • All Randomized Video Chat Platforms
  • Artificial Girl 1, 2, & 3
  • Artificial Academy 1 & 2
  • Battle Rape
  • BMX XXX
  • Cobra Club
  • Criminal Girls
  • Cuckold Simulator
  • Dramatical Murder
  • Ethnic Cleansing
  • Genital Jousting
  • Grezzo 1 & 2
  • Harem Party
  • House Party
  • HunieCam Studio
  • HuniePop 1 & 2
  • Kamidori Alchemy Meister
  • Negligee
  • Porno Studio Tycoon
  • Purin to Ohuro
  • Purin to Ohuro
  • Purino Party
  • Radiator 2
  • RapeLay
  • Rinse and Repeat
  • Sakura Angels
  • Sakura Beach 1 & 2
  • Sakura Dungeon
  • Sakura Fantasy
  • Sakura Santa
  • Sakura Spirit
  • Sakura Swim Club
  • Second Life
  • Suck My Dick or Die!
  • The Guy Game
  • The Maiden Rape Assault: Violent Semen Inferno
  • What’s under your blanket !?
  • Witch Trainer
  • Yandere Simulator

And yes, the only one I recognise is Second Life.

Can you lose affiliate on Twitch: the grey areas

Over the years, there have been numerous rumors around what can get your affiliate status removed. These include:

The 50 followers thing

To become a Twitch Affiliate you need to meet the following affiliate eligibility requirements:

  • You need to reach 50 followers
  • Get an average of 3 viewers
  • Stream for at least 8 hours
  • Stream for 7 different days

This is a similar list of requirements for other streaming platforms. It is built around the profile of a streamer who has a growing brand. Note the 50 Followers. It is the most challenging part of becoming an affiliate and creating that income stream.

The above set of requirements has to be maintained for 30 days. However, it is important to remember that Twitch will not remove your Affiliate status if you find your Follower count dropping below 50. If things do start to go wrong (and it is quite difficult to lose Followers once you have built momentum) Twitch will still look at your account on a case-by-case basis.

The money thing

Affiliate qualified streamers make money. But that money only stays consistent if the streaming stays consistent. There has been a rumor for years now that Twitch streamers who see a drop in their money also run the risk off being cut off from Affiliate status.

However, Twitch has made it clear that it will look at active streamers and their activity levels first, before money becomes an issue. And the company will of course give you some kind of written notice before anything serious happens.

It could become an issue though. As of July 2022, you have to make a minimum of $50 (for most payment methods) before you get a Twitch payout. And this has to happen, as a minimum, over twelve consecutive months.

If you don’t make that $50 then you are at least putting your Affiliate status under scrutiny. Scrutiny doesn’t necessarily mean disaster, but you need to think about how things are working out for you if you have the status and are struggling to maintain it.

As I hinted at earlier, once you have momentum on the Twitch platform, it’s really difficult to lose it. Something is going wrong if you can’t maintain and grow your income.

How much do Twitch streamers make anyway?

If you’re serious about becoming a part of the Twitch Affiliate program then you need to have some clear expectations on how much money you can expect to make.

First up, the important thing to remember is that this can be hard work. The vast majority of streamers on the platform make hardly any money at all. If this is going to make enough money for you, you will have to make sure you amp up the entertainment value and stream a lot of new content for larger audiences. Getting to Affiliate status is a long road, and a new streamer can become disheartened quite quickly.

The good news is that having Twitch Affiliate status is not the only way to make money on the platform. Through Twitch Bits (an ‘in-game purchases’ type of support for streamers, where streamers get a share of the revenue) and subscriptions, as well as ad revenue, it is possible to make money alongside the status. With that in mind, here are the amounts made by the top 10,000 streamers on the platform:

  • Streamers in the top 100 on the platform make a minimum of $32,850 USD per month on Twitch via subs, bit donations, and ads alone. This pretty much makes that top tier your ultimate goal
  • Content creators in the top 1000 on the platform made a minimum of $7,063 USD per month.
  • Streamers in the top 10,000 on the platform make a minimum of $904 USD per month.

(Figures courtesy of streamscheme.com)

There are a lot of users on Twitch. It’s a huge market for affiliate income if you get the right approach in place.

Can you lose affiliate status on Twitch? – conclusion

Twitch’s Affiliate program is great if you put the work in. If you manage to gain the status, do everything you can to hold onto it. While you may not make north of $32,000 a month, you can still make a healthy income.

I will continue to look at Twitch in future posts. For now, if you liked this post, why not subscribe and enjoy regular updates?

Growing Your Business: Best Practices for Assured Success

This is a guest post by Chelsea Lamb of Business Pop.

Every business goes through five similar stages of growth: Existence, survival, success, take-off, and resource maturity. The first three stages are about having a working business in place, while the latter two are about being extra successful. Regardless of where your small business falls on the scale, there are some best practices that you should, ideally, follow for stable growth.  

Research the market and competitors

Growth involves finding demand and satisfying it – preferably faster, for cheaper, and better. Research the target market to figure out your customers’ expectations and needs. Some facts to pinpoint are industry trends, challenges, consumer pain points, pricing, and purchase habits. Also, it pays to keep tabs on the competition to see what – and how – you can do better.

Come up with specific, attainable goals

Your expansion needs to be guided. Depending on your market research, you should be able to come up with concrete short-term and long-term goals that you can realistically attain for maximum success. According to Business Growth Simplified, you can set and follow three simple goals to ensure growth: breaking even, achieving profitability, and scaling.

Plan out the financial details carefully

You know it takes money to make money. Around 82 percent of businesses fail due to poor cash flow management. Make it a priority to ensure you have enough cash on hand to meet your expansion goals. You may also want to create an emergency fund or find a fallback line of credit to borrow money to meet unforeseen expenses – there are bound to be some.

Diversify and test your product or service

Based on your market findings, you may spot opportunities to meet consumer demand in new, better ways. You may need to diversify your product or service along the way. Leave enough time for this – it can take weeks or months to get a product or service market-ready, as you likely know. You may want to test your offering out thoroughly before launch. Also, test your existing processes to make sure they can withstand heightened demand.

Use business process management (BPM) to be more efficient

Business process management (BPM) is a powerful data analysis technique. It’s an excellent tool for growth if leveraged right. It automates and optimizes processes and workflows by analyzing how people, systems, and data interact. Then, it gives you insight into how you can streamline previously laborious business operations to operate with extra efficiency. When creating a BPM framework, you must constantly monitor the effectiveness and then take extra steps to improve the process and output.

Hire new staff

You may need to hire new staff to meet your expansion goals. This can be harder than you think – you need skilled people who are up to the challenge of expansion. You will need to set up a solid recruitment process to attract top-tier talent. Alternatively, you could work with agencies or freelancers to access services on-demand. 

Revamp your marketing

Changing up your marketing – making a new, more relevant campaign – will generate buzz and help you achieve your expansion goals. Cross-promotions, influencer marketing, social media marketing, and email marketing are good strategies. Promotional videos that showcase your services or products in-depth are essential accompaniments to your marketing copy.

Prepare for risk

Growth can be challenging. You may encounter several issues – money problems, shipping delays, employee sickness, unexpected losses, and more. You must develop resilience and learn how to think on your feet. Prioritizing a healthy work-life balance for yourself and your employees can help. Keep a healthier home and reduce stress by decluttering, organizing, and adding some indoor plants.

Conclusion

Business growth is a process that involves research, planning, creating goals, and then achieving them. Techniques like business process management are worth exploring for gathering insightful data, which you can use to make informed decisions. Be persistent and focus on achieving goals consistently for maximum business growth.

How To Finance A Franchise With No Money (4 simple tips)

Starting a franchise with no money is obviously not the ideal way to begin. But sometimes, it’s just the way it is. In this post I will go through a complete rundown of what to do about getting a franchise off the ground when you have nothing in the bank. 

First, take a look at your finance options

Sorry to break it to you but you will need some money if you want to start a franchise. This means that from a zero funds starting point, your first job is to try and find a source of financing.

Some of the newer franchises may actually lend you the money to start a franchise operation. This is not always the case, and is most definitely not the case with established franchises like Subway. But if a franchise thinks you have what it takes, it may lend you the money.

A franchise that is willing to lend you the money for start-up costs may also be happy to lend you money for equipment. Be aware that this arrangement is not common, but you should most definitely look into what a franchise offers before you think you can’t get the money in place. 

Some franchises offer financial incentives for certain groups, such as veterans and minorities. Again, take a look at their offers and see if they can help you get through the door.

How to finance a franchise with no money: Use your equity

You can access the equity in your home quite easily. It can prove to be a great way of getting your hands on money that you can pump into your new business. 

Consider a home equity loan or a home equity line of credit (HELOC). A home equity loan can give you up to 85% of the equity you have gained over the years of owning your home. In some parts of the world, home equity loans are known as second mortgages. This is because you are borrowing money against your home. 

You will get the equity as a lump sum. This means if your franchise opportunity is going to cost you $75,000, you could pull that down in an equity loan as one amount. 

You can expect a 5-30 year term on an equity loan. You can’t go in with your eyes closed though, because there is the possibility that you could lose your home if you don’t make the payments. Remember, this is money secured against your home.

A HELOC allows you to have a line of credit rather than a fixed sum. You can borrow money whenever you need to, up to the credit limit provided by the lender. And while home equity loans are a fixed amount with a fixed interest rate, HELOC agreements follow the interest rate on its ups and downs. 

The trade-off is simple. With a HELOC you can manage your borrowing more carefully (you may not need as much as you thought you did) but your interest rates can go up suddenly.

Fancy a deep dive into a franchise idea?

Try Ice Vending Machine Business: Read Before You Invest – 2022

How to finance a franchise with no money: Team up

Partners are a huge part of the early days of many franchises. These are people who are able to invest some money into the new franchise business and help get it off the ground. 

You can approach members of your family for small amounts of money, like crowdfunding. This is becoming more common these days. Alternatively, you can approach individuals who are able to offer larger sums for a share of the business. 

Like all serious business agreements, even if they are with family members, you should seek the advice of a lawyer. They will be able to draft a contract that protects everyone when large sums of money are at stake.

How to finance a franchise with no money: Take it to the bank

You can of course ask for a simple and straightforward bank loan. Bear in mind that a bank will only lend you money if you have good credit. After looking at a ton of franchise opportunities online, I have found that you will most likely have to stump up around 20% of the original start-up costs if a bank is going to take you seriously.

It’s not all doom and gloom though. You can offer collateral, such as your home. And you may even find a franchise offer that has a lending system attached (when they partner up with a  finance company). 

Small Business Administration (SBA) loans are guaranteed in the United States. You obtain a loan from a bank, but the SBA guarantees to repay it if you default. In many cases, SBA loans are easier to get than conventional loans.

Additionally, the SBA has a list of franchisors it has approved. The application process is fast if your franchisor is on the list.

SBA loans are still hard to obtain. In general, you need a good credit score (as high as 680). It will also require you to come up with a down payment of 20-30%.

So what can you do?

If you want to avoid a high-risk situation, you should probably go down the route of finding partners. Unless you are committed to working your socks off for an established and successful franchise, it’s probably not a good idea to bet your house against your success.

If you are starting a franchise with no money, don’t worry. I have found that it is worthwhile looking at all of the options above. You may discover that you have to borrow from your family first, then take out a loan to pay back later, after you have become successful. Or you may have the 20% required for a bank to lend you some money.

In the next post in this series, we will look at finding the right franchise for you.

I’m Sahail. I am on a personal mission to help people make money, save money and stay healthy (so they can enjoy it). Join me.

How To Become A Lifeline Phone Distributor (expert guide for 2022)

Do you need to know how to become a Lifeline phone distributor? It’s a way to help people in need as well as put more money in your pocket. Read on to find out more about the opportunity and if it is a good fit for you.

What is Lifeline?

The Lifeline program is an affordable connectivity program for low income households. The lifeline government assistance program allows eligible households to have discounted communications, such as phone and internet.

The Lifeline program also provides free cellphones to eligible customers. This free Lifeline service has had a huge impact on low-income families in the United States. It has changed the lives of qualified individuals with these phone offers.

Becoming a Lifeline distributor means that you are going to be handing out those free phones. There are many different providers linked to the program. These providers offer roles as Lifeline Agents or Lifeline Distributors across the US. It is an exciting opportunity. It can also lead to a significant primary income or extra income stream.

What is the Lifeline benefit?

People need to be able to communicate. Eligible consumers cannot afford cellphones. This expense is too much alongside the daily cost of living. Getting in touch with emergency services, contacting support networks and simple day-to-day tasks are part of phone use.

The Lifeline phone service allows people to have that connection. The U.S. government has made it so that pretty much anyone in the US who needs them can access free cell phones.

How it works

Like I said, there are many different service providers. The U.S Government allows providers to offer free phones. These must have internet connectivity and hotspot functionality.

It took a while for me to find a way in to the whole process but I found a company called PayGo. PayGo hires distributors to give away the phones to low-income consumers. It works on behalf of companies like SafetyNet Wireless and Acacia Energy.

For Lifeline distribution, PayGo offers:

  • Training
  • Onboarding
  • Customer service support
  • Training kit

PayGo says that you can earn up to $3,000 per month as a distributor. Payment is twice monthly and they state that there is no limit to your earning potential. This intrigued me a little, because they also said that it was ‘up to’ $3,000 a month. This presumably means that anyone who earns more will have to be running a team. After a little further digging I found out about Master Agents (which you can read about in the next section).

To apply, you fill out a form on the site itself. This is the same on all the sites I found around the Lifeline distributor opportunity.

How to become a Lifeline phone distributor: What is a Master Agent?

PayGo offer Master Agent roles alongside standard distributor roles. This is where ambitious people could boost their income.

A Master Agent will be responsible for recruiting, training and managing a team of distributors. You’ll need to be someone who has previous sales experience, and someone who understands Lifeline and how it works. This means being able to identify areas where Lifeline could be of real impact. PayGo also expects that you understand compliance requirements. You will also need to understand the qualification requirements for distributors.

Any candidate for any position in the Lifeline industry is subject to a criminal background check.

How to become a Lifeline phone distributor and what will I do?

Here is a link to the PayGo application form. The form is pretty much the same wherever you find it online:

https://paygodistributors.com/lifeline-application/

Once accepted as a distribution agent, you train. Then, your job is to set up a tent or sales table. Using a database, you will check the eligibility of people you see as part of daily foot traffic. Anyone who qualifies for a free phone according to the Lifeline criteria can get a free phone on the spot.

When it comes to eligibility requirements, Lifeline distributors are not expected to have any sales experience. But, it would be of great benefit. You are going to be outside approaching people with the Lifeline offer. This means having some understanding of how to sell would help. Full training is provided though.

As an agent you will set up the table and organise all the information leaflets and signage and so on. You take the customer infromtaion and input it into a web app on a tablet. Then you take photos of all the qualifying documentation for the customer. If the customer is eligible, you can give them a phone.

PayGo offers one of the highest commission structure options. The application process is simple and quick and they have years of wireless experience to call on.

There is a ton of providers out there. Try to shop around in your local area and see which has the best commission structure for you.

How to become a Lifeline phone distributor: the free cell phone program

This federal assistance program is one of the more accessible government benefit programs in the US. Let’s take a look at the Lifeline eligibility criteria and see how it has become one of the more impactful federal support programs:

On the Federal Communications Commission website, Lifeline is explained thus:

Since 1985, the Lifeline program has provided a discount on phone service for qualifying low-income consumers to ensure that all Americans have the opportunities and security that phone service brings, including being able to connect to jobs, family and emergency services. Lifeline is part of the Universal Service Fund. The Lifeline program is available to eligible low-income consumers in every state, territory, commonwealth, and on Tribal lands.

Although there have been changes to the program over the years since it began, people who meet the following requirements can recieve federal Lifeline benefits:

  • Supplemental Nutrition Assistance Program (SNAP)
  • Supplemental Security Income (SSI)
  • Medicaid
  • Federal Public Housing Assistance
  • Tribal-specific programs: Bureau of Indian Affairs General Assistance, Tribally-Administered Temporary Assistance for Needy Families (TTANF), Food Distribution Program on Indian Reservations (FDPIR), Head Start
  • An income of less than 135% of the Federal Poverty Guidelines

People who are part of Veterans Pension and Survivors Benefit Programs can also recieve Lifeline support.

Being part of the National School Lunch Program (which provides a reduced-price school lunch) used to mean that you could use Lifeline but that has been removed.

There is a $9.25 monthly Lifeline discount on monthly telephone services for a low-income household, including broadband services. This also includes bundled voice services and broadband services from wireline or wireless providers. This increases to up to a $34.25 monthly discount for users on tribal lands.

California Lifeline and Texas and Oregon Lifeline customers will apply through a state program, rather than through the provider-based program. For household Lifeline services, people will have to use the National Verifier, a site that works via the user location and finds out if they are eligible. For the free cell phones, users can submit information via the distributor and find out if they qualify within minutes.

The verdict

From food stamps to discounted lunches, the US government has provided plenty of assistance to people who need it. A free cell phone is a great idea, and if you can get paid while handing out free stuff, everyone wins.

A couple of caveats though. Firstly, it can be hard work. I’ve tried this myself, and handing out free phones isn’t as clear-cut as you might think. A good piece of advice is to work on your presentation. You don’t want to be sitting there with an old, unattractive table and shout at people about how they can get a free phone. Some time spent on putting together a table or tent that looks professional means that you will likely get more foot traffic and more interested people.

Monthly phone prices are a burden to most families, and low-income families are the worst affected. Helping them out while making money is a great feeling. Personal experience has shown me that there is an average of a few hundred dollars a month if you put in hours at weekends and evenings.

This does require a positive attitude and being comfortable with the idea of ‘selling’ (even though they get the phone for free). But if you have what it takes and are prepared to make the effort, it’s a great earner.

I hope you’ve enjoyed learning how to become a Lifeline phone distributor. For more income opportunities, why not try my post on ice vending machines?

How To Become A Bounty Hunter In California (full expert guide 2022)

Do you need to know how to become a bounty hunter in California? This post takes you through the process.

I’m always on the lookout for new income opportunities that you can take advantage of. Like always, I’ll give you my verdict at the end of the post.

So let’s get right into it.

What is a bounty hunter?

A bounty hunter is an old-fashioned term for a bail enforcement agent. It is also another term for a fugitive recovery agent. Bounty hunters work with bail bond companies and other people in the bail industry to:

  • Arrest fugitives who have ‘skipped’ bail
  • Help out bail bond agencies and bail industry professionals. They can do this by recovering any assets lost due to people skipping bail
  • Help defendants by providing them with incentives to not skip bail

Bounty Hunter Requirements

There are no formal licensing requirements to become a bounty hunter in California. This does mean that anyone can become a California bounty hunter.

Recent lawmaking has helped. The laws guide people who want to become involved in professional fugitive apprehension.

The Bail Fugitive Recovery Persons Act first came into force back in 1999. Since then, an updated version of this law was created in 2013. The Act is also known as Penal Code 1299 (or sometimes ‘PC 1299’). This law gives anyone who wants to be a bounty hunter some guidelines and rules. If you want to become a bail recovery agent, then you need to meet the requirements of PC 1299.

The specific legal requirements for becoming a bail enforcement agent are:

  • You have to be at least 18 years of age and be a documented US citizen
  • You will have to undergo a thorough background check
  • You have to have no felony convictions
  • You must be a current resident of California
  • You have to follow the PC 1299 requirements. These are the rules on required courses and training programs

There are exceptions. If you work as a bounty hunter in another state then you can work in California. However, you have to comply with the California Penal Code and California law. If you are a licensed private investigator, you don’t have to worry about any of the requirements.

The path to a career

Becoming a fugitive recovery officer in California requires training (the PC 1299 requirements mentioned in the last section) and it isn’t exactly a cakewalk. There is a lot of commitment required.

First of all, you have to complete at least 20 hours of bail education. This is via a California Department of Insurance (CDI) training course. There are a few courses involved, namely the Accelerated Bail Agent Pre-licensing and Bail Fugitive Recovery Training Course and the Bounty Hunting and Bail Fugitive Recovery Course. Clock up 20 hours on these courses and you’re through that section of the training required.

Next, we’re talking specific training in powers of arrest. Fugitive recovery agents need to train in this aspect of their job, and this is done by completing at least 40 hours of courses. There is a great Arrest and Firearms Course offered by California state (the PC 832). This covers all you need and you can get your 40 hours achieved through that.

Once you have completed that considerable training, you will gain certification. These documents are incredibly important, and should be carried by you at all times. They are proof of completion documents and all professional bounty hunters need to carry them when doing their job. As a fugitive enforcement agent you will need to be clear on how you are different from private citizens, especially when you are apprehending someone.

Then, it’s all about networking.

Getting known as a bounty hunter

Becoming a bounty hunter in California is mainly about who you know. The basic set up involves you getting work from a bail bondsman or bail bondsmen in an agency. You can’t make progress towards this stage unless you get to know some of them first of all. You need to network, in other words.

Bail bondsmen need to feel like they can trust you. This takes a little time. Once you get your first job you should then be all about building that trust and developing a rapport with the bail bondsmen you meet. You’ve done the training, and now it’s about getting experience with the job.

Once you’ve completed the recommended training, look up fugitive recovery agents in your part of California. Get in touch with them and ask if you can be part of a ride along so you can experience what the job is like. You’ll start to pick up a working knowledge of the role of a bounty hunter. This process could take a little time. Be polite, and contact the bounty hunters by email or phone. Explain what you want to do and discuss your potential career.

Bonus: email template for reaching out to a fugitive recovery agent

Use the following template when you are trying to reach out to a local California bounty hunter:

“My name is _______, and I’m a recent graduate in the criminal justice field. I’m interested in working as a bond enforcement agent, and I’ve started the process for certification. Would you be available in the upcoming weeks to meet to discuss your job and the field in general? You can contact me at _____.”

Preparing to be a California bounty hunter

Studying around the industry is a great way to get yourself prepared for the work. It is not necessary to complete a bachelor’s degree in a related subject but it can help with building your credibiilty. So even if you have ‘just’ a high school diploma this is still a career choice for you.

Many prospective bounty hunters study criminal justice or sociology, sometimes to degree level. Alongside building your credibility, taking courses in these subjects gives you the foundaton in the key skills required in the job. It’s important to know the background to the criminal justice system, and an understanding of criminal behavior can only make you more valuable. And by all means, go for a bachelor’s degree if you can. It only adds more credibility.

Top tip: If you do nothing else when it comes to studying, make sure you understand what critical thinking skills are, and how to develop them. The level of analytic thinking you will need to use as a licensed bail agent is phenomenal.

Some would-be bounty hunters take classes in self-defense and martial arts, just to build confidence and experience of dealing with any situations that may arise. You will also want to secure a permit that allows you to carry firearms in your state. Then you will have to complete a Firearm Ownership Report and submit it.

The gear and the vehicle

As a bounty hunter, I have to dress the part. If I came to the door and looked like Carrot Top, you’d laugh.

Duane Chapman (Dog The Bounty Hunter)

You will want to purchase safety gear too. While you don’t have to walk around in full body-protective gear, there are a number of items that are worth buying. You should at the very least buy some handcuffs, so that when you have apprehended someone you are able to contain them. You should also think about buying some protective gear, such as vests, that will help to keep you safe. Equipment like this can be bought online.

Then you need to think about your vehicle. Your car will have to transport you for long distances at a time. You’ll be carrying out multiple journeys as you work to apprehend bail jumpers. If you don’t have a reliable car that has low mileage, you’ll be in trouble. If you’re in a position to get yourself a new vehicle, choose something inconspicuous and reliable.

At the same time, start to build connections with the local bail bondsmen. These people receive instant notification of court dates and any incoming bails and are very much ‘plugged in’ to the criminal justice system. They will also have up-to-date information on any fugitives and bail bond laws. Getting to know them means that they will think of you the next time they have a job ready.

At this stage, some bounty hunters offer to do their first job for free for bail bondsmen. It is an instant trust-builder. It’s not mandatory of course, but may be worth considering. Bear in mind also that bounty hunters are independent contractors (self-employed) so you will have to manage all of your paperwork and work hard to market and sell your services.

The job

The biggest part of being a bounty hunter is the research and work involved in finding the fugitive. Once a bail bond agent professional has given you a case to work on, it’s time to become a detective.

While bounty hunters are not technically private investigators they do have to work in the same way for much of the time. With your ‘bail piece’ (which shows that the perosn you are tracking is a fugitive) and your copy of the bond, you should start to dig into the wanted person and their life. Access phone records and check address databases thoroughly.

You can also hop on social media to contact friends and family. This will allow you to ask questions about the fugitive and their past. Spend time getting to know the person you are looking for and look out for people who they have wronged in the past. They will be happy to discuss them and may even know where they are.

When you find your first one

When you find your first fugitive it’s important to remember a few guidelines that will help you keep everyone as safe as possible while allowing you to do your job within the laws of the state (i.e. San Diego laws).

You should always try to avoid physical force. Let the fugitive know that going with you is the best option for them. This will both reassure them and encourage them to make the right choice. Always remain calm and focus on negotiation.

If things do go wrong then you have legal authority to use physical force to apprehend the fugitive. Move in when the time is right and formally arrest them. Place them in handcuffs and then take them to a jail in the county where they were first arrested.

Some bounty hunters turn up to a fugitive’s address in the middle of the night as a guarantee of locating them. When you do reach an address, remember to notify local law enforcment officers that you intend to make an arrest. The police department will most likely want advance notice of when an arrest is due to take place.

Working with law enforcement officers

It is important to remember that any successful bounty hunter works closely with local law enforcement as part of their responisbility for public safety. Be aware of the right channels to use to notify local police of what is happening. They will usually accept phone calls to a special number.

When all is over and you have arrested the fugitive, you can then contact the bail bondsman who hired you to discuss payment. You will need to be able to show records of the arrest and any other documents that prove you apprehended the person in question. Keep all reciepts and bills for any expenses on your journey so that you can claim when tax time rolls around.

At all times be aware that you can not misrepresent yourself as law enforcement at local, state or federal laws level at any point.

FAQ

Bounty hunting became a fully-fledged part of the US legal system in 1872, as a consequence of the Taylor vs Taintor case heard in the Supreme Court:

“When the bail is given, the principal is regarded as delivered to the custody of his sureties. Their domain is a continuance of the original imprisonment. Whenever they choose to do so, they may seize him and deliver him up to his discharge; and if it cannot be done at once, they may imprison him until it can be done. They may exercise their rights in person or by agent. They may pursue him into another state; may arrest him on the Sabbath; and if necessary, may break and enter his house for that purpose. The seizure is not made by virtue of due process. None is needed. It is likened to the arrest by the sheriff of an escaped prisoner.” – Taylor v. Taintor, 1872, United States Supreme Court.

What is a bounty hunter’s salary?

The amount of money a bounty hunter gets every year is down to how many cases they take on. The more cases you take on, the more you make.

The current average salary is anywhere from $50,000 to $80,000 a year. And that is if they take on between 100 to 150 cases a year. This of course depends on the value of the cases the bounty hunter solves.

The payout process can be understood by reviewing what bounty hunters do. An accused may seek the help of a bail bond company when bail is set at, for example, $100,000. For the privilege of bail bonding, the suspect usually pays a 10% fee.

If the accused appears in court as scheduled, the bail bondsman will be refunded the bail they put up for him or her, and they will also keep the 10% fee he or she paid them. However, if the subject skips town and fails to appear in court, a bail bondsman may hire a bounty hunter to find him or her.

Usually, bounty hunters are paid 10-20% for successfully returning fugitives. This means they would earn $10,000-$20,000 by returning if the bail was $100,000.

What is a surety bond agent?

The surety bond agent (another name for bounty hunter basically) will do everything possible to ensure the defendant knows when and where they need to be for court. A surety bond agent will begin the process of tracking down a defendant if he or she fails to appear in court and an absence is recorded as part of the undertakings of bail. It’s basically the responsibility to make sure someone attends court and if not, the bounty hunter tracks them down. All of this is instigated by a surety company (bail bondsman).

How much is Dog The Bounty Hunter worth?

It is estimated that Dog the Bounty Hunter has a net worth of $6 million. Popularity of the first reality show was enormous. As a result, he still receives a portion of his income from his television career and other endeavors.

Extra resources to help you become a bounty hunter in California

Take a look at the following for more information:

The verdict

Well, this is obviously not for everyone.

But if you are happy to travel miles to apprehend people, and you’re pretty organised, it’s as good an income opportunity as you could ask for. Put the work in getting to know bounty hunters first. That way, you’ll know if it’s for you.

It is my aim to help you make more money and to spend it wisely. If this post helped, check out my most popular post on ice vending machine businesses.

How Much Does Car Advertising Pay? (full guide)

How much does car advertising pay? You’ve seen people driving around town with ads on their cars. But can you make extra money this way? And is it enough extra cash to make it worth your while? In this post we are going to look at how much money you can make. We will also look at whether car owners can use this as a source of passive income.

So let’s jump right in to this latest income idea.

Car wrap companies

Using car wrap companies is the main way people move towards car advertising. These companies pay you a fee for having your car ‘wrapped’ with an advertising message. They tend to pay at the end of the month.

Sometimes you may have a company that pays you when an ad campaign ends. Another payment method involves paying you for the time you spend in your car on a daily commute. The advertising company links your payments to your driving habits.

How much money you get paid may also depend on whether you agree to a full wrap or partial wrap of your car.

How much does car advertising pay?

This will not make you rich. Let’s get that out of the way first. But you can expect a nice passive income. It’s a great way to help with your household bills too. Remember also that the amount of money you make does depend on the car advertising companies. They will have their own earning potential models.

Some car wrapping companies offer commission rates. There is no real industry standard here. But you can expect up to $700 per month on a commission basis if you use your car heavily.

Full wraps cover the front bumper, rear bumper, and headlights of your car. The wrap covers all windows except the front windshield. It’s like a moving billboard.

Full wraps can earn you more money per month depending on your commute. Longer commutes mean more miles driven, more money earned.

The partial wrap only covers part of your car, either one side or the other. Usually, smaller businesses that want to advertise their products use these wraps.

How much does car advertising pay? – Car wrap scams and how to stay clear of them

The best way to ensure you don’t get caught up in a car wrap scam is to complete a thorough check on the company. Start off by checking to see if they have a legitimate website and phone number.

This is part of due diligence,and should ensure you are protected from any nasty events. If you sign up to a car wrapping company without this step, you could be leaving yourself open to trouble. Look for a legitimate company and you can avoid a lot of stress.

If you want to go the extra mile, look the car wrap advertising company up on the Better Business Bureau site here.

Legitimate companies that pay you to advertise

Let’s take a look at some of the legit companies that will help build your monthly income. These companies specialise in car vehicle advertising.

Free Car Media

This is a popular car advertising company with an easy setup and registration. According to the website:

Get paid to drive up to $400 a month depending on the advertiser you are matched up with. You simply self register yourself using our registration form and if you match an advertiser’s criteria, you will start getting paid to drive. It really is that simple.

How it works

They ask you a few questions about yourself in the online application. This will include your driving habits. If you’re selected for an advertising campaign, they’ll contact you via email.

Depending on the advertisement, it might stay on your car for a few months or two years. FreeCarMedia.com will re-wrap your vehicle if it needs it.

Is it a full car wrap?

Right now, most of the advertisement opportunities are for rear window ads. You can apply these yourself (Free Car Media supply a how-to guide).

How much does it pay?

A rear window advertisement usually pays $50+ a month. Wrap your whole car and get $400 a month.

Driver registration: https://www.moneywhileyoudrive.com/

Verdict: Lots of good reviews here, and an easy sign-up process. They are honest about earnings and make it clear that much of the advertising will be on rear windows.

StickerRide

StickerRide offers a fun twist on car sticker advertising:

Our app helps you earn money as you drive! Compensate for your vehicle expenses

such as gas, car washes, and parking by driving with us.

Ready for more? Take part in quests and flash mobs to increase your earnings. With

StickerRide, each trip becomes an opportunity!

Yes, you can actually complete quests (as in taking photos in certain locations) as well as flash mobs. This is a new idea, and involves you being in the same area as other StickerRide users. It’s different, and scores points for that.

How it works

You download the app first. Then you register your car and choose one of the campaigns. The car is then ‘tuned’ by a StickerRide operative. This means they install the stickers. Once your stickers are on, use the app in ‘map’ mode and press ‘start’ when you’re ready to go.

They have a point system?

In StickerRide, a point is a calculated activity ratio. A point equals one mile multiplied by your tariff in StickerRide. Depending on geography, time, car class, and sticker type, the tariff varies. Trips in the city center during peak hours are more expensive than trips in the suburbs at midnight.

How much does it pay?

No real information here on StickerRide for how much money you can make. There are tiers (bronze, silver etc.) that mean you earn more. The more you drive, the more you earn. And the more stickers installed, the more you earn.

Nickelytics

With Nickelytics, you can wrap your vehicle with a brand’s advertising. Then you can help to connect brands with consumers.

Your daily routine involves driving around, errands, and work. Your daily commute or weekly travels can earn you extra money with Nickelytics.

Drivers can earn between $175 and $250. This is dependent on the advertising type and campaign length.

How to create an account

Signing up for Nickelytics is simple. Download the app to your phone. To register, you must provide your name, age, and a valid driver’s license.

How to get started

Make sure the app is activated while you’re driving. The brands and designs they suggest are based on your routes and mileage.

How do I become a Nickelytics driver?

  • A minimum age of 18
  • Driving record must be clean
  • You should not drive an older vehicle than 10 years
  • Drive for no less than 30 miles a day, 150 miles a week, and 450 miles a month
  • The company prefers drivers who rideshare. But daily drivers who meet the requirements are also welcome

Pay Me For Driving

Located in St. Louis, MO, Pay Me for Driving specializes in car wrap advertising.

The company only hires drivers in St. Louis City, St. Louis County, or St. Charles.

Local companies advertise on cars through Pay Me for Driving. This is usually via a small decal on the rear window. The pay scale structure varies by brand and advertiser. As a result, their pay scale is as follows:

  • The company pays commissions
  • There is a flat rate
  • Rates for recurring services

Become a member

Apply online for Pay Me For Driving and provide some information about your car. A background check is performed by Pay Me For Driving, and they need a clean driving record.

Upon approval, you will have to sign a driver agreement. After placing the ads and signing the contract, you can begin earning money.

Wrapify

This is the one company that impressed me the most. The Inc 5000 has featured Wrapify many times. This means it has been highlighted as one of the fastest growing companies.

The first thing you will notice about Wrapify is the transparancy. The website outlines exactly how much you can expect to get paid for a ‘full’, ‘partial’ or ‘lite’ wrap. The entire car is wrapped for the full option, and the light wrap is still a very visible wrap but leaving some of your car untouched.

It’s simple. Download the mobile app and register in just a few minutes. The app is quite polished and easy to use. It took me about 30 seconds to get things pretty much done. Marketing campaigns in your area are then sent to your app so you can choose whether you want to get involved or not.

Driving for Rideshare: How to Get Started

Thanks to Forbes.com

What is a rideshare driver?

Rideshare drivers can supplement their current incomes or work for themselves full-time. Whether you are looking for supplemental income or self-employment, you may have considered becoming one. Besides transporting passengers, drivers of ride share services may also pick up and deliver food orders. Flexibility in work hours and location makes this work appealing.

In North America, Uber and Lyft are the two biggest competitors. Driving is open to anyone as long as they meet the company’s minimum requirements. A valid driver’s license and auto insurance are usually required by ride-sharing companies.

Additionally, you may need to perform a few tasks for safety reasons. Your statement of residency and proof of current insurance are likely to be required, as well as confirming that you own a vehicle. Your driving history and criminal history will also be reviewed by most companies.

If you are interested in obtaining or applying for a job for any other ride-sharing company, please visit the company’s website.

So how much does car advertising pay?

Like I mentioned earlier, it won’t make you rich. Go into the process with the aim of finding an extra source of income and you will be fine. I saw the whole deal as a way to pay some of my more annoying household bills (you know, the kind that you just don’t enjoy paying) and that has worked out well for me.

For example, if you manage to qualify for a small sticker to be placed on your car, then you are looking at the lower end of the income scale. Most of these small sticker jobs give you around $50 a month. That is still extra money though, and if you need $50 extra a month in your bank account, it’s perfect.

If you do need more money though, consider going for the full wrap option. This, alongside plenty of daily driving (remember that companies want you to drive a significant amount to qualify) will mean you can move towards that magic $700 a month figure.

How much does car advertising pay? – The verdict

This is a great way to earn extra money, but it is not for everyone. And it is not ‘easy money’.

If your car is your pride and joy, you may not want to have it covered in advertising by a car wrap company. And if you have any reservations at all about being seen as someone who is out to make money in this way then don’t even bother getting started. Once you’re inside the process, you have to be very visible for a lot of your time.

If that is not an issue for you, test things out by having some minimal work done on your car. Even a small sticker can be a great place to start if you want to test the waters a little. Once you start making money, you can then focus on where you want to go from there.

If you are working for companies like Uber (and especially if you drive in major cities), then this is very much a no-brainer. Maximize your earnings by adding a wrap and you are getting the most out of your car.

How much does car advertising pay? Enough, as long as you are happy with the car being wrapped and have realistic expectations around income.

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.

How To Take Action On Social Media Metrics

This post previously appeared on Locowise.com.

With your social media analytics, there is huge potential to make things happen. Some brands just don’t do it, and find that they are swamped in data that they never really use. 

There are some key areas in which you can get real value from your social media analytics however. Developing habits in these areas means that you should be able to act on the numbers and information on a consistent basis. This can only bring you some real ROI, so it is well worth focusing on the following:

SET SOME REAL BENCHMARKS

The best thing about data is being able to set yourself targets and benchmarks. With benchmarks, all you have to do is take a look at the numbers and information that is coming in from your data, and then use this information to create simple areas of focus that will help your social media presence grow.

There is one very easy way to do this with social media posts. All you have to do is use your metrics to gather some data on key variables, like:

  • Number of likes
  • Number of follows
  • Engagement rates
  • Impressions

Once you have gathered this data, you can then work out the averages. Having an idea of the averages means that you know where ‘you are at’. This means that you can then think about how to improve on those averages.

Let’s say that your posts gain, on average, 1000 likes per week. That is your benchmark figure. Create a target that says your average needs to be 10% higher. This does not include spikes or posts that go viral, just your average. 

By focusing on this as a goal you will improve overall performance. By having a higher average, you develop a presence that is simply growing year on year.

Use your metrics to set some real benchmarks that allow for consistent growth. 

TAKE ACTION WITH QUESTIONS

When looking at all of your social media metrics you will find that trends start to appear. All of that information turns into patterns, and you should be able to see how things are for certain posts, times of year and so on. Digging deep into these patterns is important. You can take action in this area by asking yourself the following questions when you are looking at your metrics.

  • Are there any spikes in what I am seeing? Where and when?
  • What am I missing? Is there a reason for the outcome? Or that one?
  • How close are we to the next target (re benchmarks)?
  • Which post format is most consistently engagement-worthy? 

By asking these questions and giving honest, clear answers, you are developing the ability to take action on your metrics. You are reading the signs and acting before problems occur. You’re also setting yourself up for success.

GIVE THEM WHAT THEY WANT

Metrics provide you with granular data too. When you’re looking at the posts that are genuinely bringing engagement to your presence online, this is the gold dust that should be at the top of your priorities.

There are too many brands out there that focus on the content that happens to be ‘buzz-worthy’. This means that they jump on the bandwagon of content around a celebrity or even a fleeting news event. This kind of content may even cause a spike or two in traffic and engagement. 

However, ignoring the content that your audience really gets involved with can be costly. By using your metrics to work out exactly what works with your audience, you waste less time and also give yourself a chance of holding on to an audience. This is really intelligent work, and not enough brands do ths.

Take action here by focusing at a granular level on the content that makes a difference, and really speaks to your audience. This approach pays off in the long run, when you have an audience that is showing up on a consistent basis because you are giving them what they want.

HANDLE COMPLAINTS AND ISSUES

Nobody likes complaints. However, social media is a great way to listen to complaints and action them quickly. A company that does not handle complaints quickly will lose audiences and customers in the blink of an eye. 

At the same time, you can keep your finger on the pulse by using metrics to monitor direct messages and support requests. You can even set it up so that you can work out the ‘temperature’ of sentiment from your followers. Doing this allows you to think long-term. You should be able to have an action strategy that preempts complaints more, and therefore makes your social media useful in managing your audiences and retaining customers.

FIND THE RIGHT ‘OTHER CONTENT’

Use your metrics to see which content is resonating with your audience, but on competitor accounts. By seeing which kinds of content appeal to your audience you can capitalise on this by creating similar content for your own feeds.

This is all about actioning what works for other brands in your space. It means you really do have your finger on the pulse of what works in your industry on social media.

SO LET’S RECAP

Perhaps the real beauty of metrics is the ability to benchmark. If you are able to do this on a consistent basis, you can use other metrics to get a handle on what works for your audiences and hit those benchmarks.

Your metrics are useful, but only if you take action in the way outlined above. Benchmark, focus, and use those metrics intelligently for best results.

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

As you can see, manufacturing is by far the most popular location.

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.