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Internet News Bureau

FOR IMMEDIATE RELEASE

Vending Machine Business Opportunity or Scam?

What You Should Know!

LENEXA, KS - January 30, 2002 (INB) -- Charles Hanna, president of The Hanna Group in Lenexa, Kansas, USA - announced on January 1, 2001 the release of his new book titled: THE VENDING INDUSTRY - History, Trends, Secrets, Opportunities and Scams. Hanna is a 26-year veteran and a leader in the vending industry and also the author of THE WORLD'S FIRST VENDING MACHINE INDUSTRY PRICE CATALOG. The catalog features hundreds of the most popular vending machines and related equipment in a 52-page color format. It remains the only extensive and complete tool of its type in the vending industry until today. http://www.hanna-vending.com

Hanna's new book offers a comprehensive guide to starting a vending business and how to avoid vending machine scams. Thousands of Americans are lured daily into promises of "get rich quick" vending machine business opportunities by unscrupulous business organizations all over the USA and the world. The sales pitch is desirable, believable and to many prospects-affordable! By the time prospects realize they have been scammed, it is invariably too late. Vending scams move from town to town, leaving the latest victims to struggle with a wide variety of challenges including financial losses, depression, divorce, loss of previous employment and similar stark realities. Such actions also render a black eye to the vending industry. Hanna’s book reveals everything investors should know about vending, including the methods used by scams to lure investors by using a wide variety of business opportunity advertisements in newspapers, magazines, television, radio, direct mail, and email and by telemarketing professionals. In many cases the victims are targeted by age, income and other criteria predetermined to expedite the sale. Vending scam victims soon realize that they paid three or four times the market value of the vending machines. They also learn that the projected sales they were promised would be almost impossible to achieve. The placement of the machines, are usually a scam within a scam, because a separate company is introduced to fulfill the false promises of the vending machine promoters. The quality of the machines purchased would not normally be the heavy duty vending equipment that they would have needed to secure the types of accounts they were promised.

"I cover important strategies such as financing and how to get it. I offer insight on how much to pay for a vending business and all the pros and cons of working for established vending companies versus owning your own vending company and much more. Since the tragedy of September 11, there are thousands of people searching for business opportunities due to layoffs and other financial hardships. I hope to educate those who may be vulnerable but capable of launching and operating a successful vending business, if educated properly from the start."

The book (Cassette and CD series also available) outlines how to start a vending business and also how to detect scams. The reader will achieve a better appreciation for the wide variety and types of vending machines and services being offered in the market. What should you do when you suspect a scam or realize that you are a victim of a scam? You will learn "no nonsense" answers to questions such as: How much money will you need to start? What equipment is the best type to own initially? How much profit will you make? How large a business should you want to grow? How much capital do you have? How much capital will you need to borrow? Hanna also shares his twelve leading principles on vending, plus answers to hundreds of other questions that investors never thought of asking...but definitely should be asking. You will learn how to get new vending locations and implement marketing and sales strategies that Charles Hanna used in his multi-million dollar vending business since 1976.

Born in Jamaica to Lebanese parents, Hanna arrived broke and destitute in the USA in 1976 after his family lost most of their business assets and real estate holdings due to war and political upheaval in both countries. A new immigrant to America and financially devastated, Hanna immediately began investigating small business opportunities. He soon became a victim of a vending scam. However, in spite of the adversity, he quickly built one of the largest and most successful family owned and operated full service vending organizations in Kansas City and a one-of-a-kind vending network in the world. Over the years he served as a board member for a variety of business and community organizations and committees including his local Chamber of Commerce and Rotary Club.

For more information or to order copies of Hanna's vending educational materials contact: The Hanna Group - POB 14304 Lenexa, KS 66285-4304
Tel: (913) 894-4979 or visit their web site: http://www.hanna-vending.com

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