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EP 11: What Not To Do In Your Vending Business

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Manage episode 424672094 series 3429740
Content provided by George Dines. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by George Dines or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ever dreamt of running a successful vending business but find yourself at a loss on where to start? In this episode, I'll walk you through the paramount step of identifying highly sought-after products, and teach you to resist the temptation of vending items with low demand. I'll also discuss how cheating on money transactions can do you more harm than good, considering vending machines leave a clear transaction trail that can lead you to IRS trouble if discrepancies arise. Dodging sales tax isn't worth the legal nightmare you might find yourself in.

We've all heard tales of the fearsome IRS audits, right? Well, meticulous record-keeping is your protective armor against unwarranted suspicion and intrusive audits. So, what are you waiting for? Subscribe and let's journey towards monetary prosperity and security.

Thank you for listening to The Millionaire Mindset Podcast with George Dines.
To connect with George visit www.georgedines.com
To Schedule a call with George visit: https://georgedines.com/contact/

  continue reading

24 episodes

Artwork
iconShare
 
Manage episode 424672094 series 3429740
Content provided by George Dines. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by George Dines or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ever dreamt of running a successful vending business but find yourself at a loss on where to start? In this episode, I'll walk you through the paramount step of identifying highly sought-after products, and teach you to resist the temptation of vending items with low demand. I'll also discuss how cheating on money transactions can do you more harm than good, considering vending machines leave a clear transaction trail that can lead you to IRS trouble if discrepancies arise. Dodging sales tax isn't worth the legal nightmare you might find yourself in.

We've all heard tales of the fearsome IRS audits, right? Well, meticulous record-keeping is your protective armor against unwarranted suspicion and intrusive audits. So, what are you waiting for? Subscribe and let's journey towards monetary prosperity and security.

Thank you for listening to The Millionaire Mindset Podcast with George Dines.
To connect with George visit www.georgedines.com
To Schedule a call with George visit: https://georgedines.com/contact/

  continue reading

24 episodes

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