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lee, if u are increasing some snack or candy etc. are you giving notice to your clients? days or weeks? or post it to your vending machine or just just increase it not knowing them..
I will plan on informing them that I will be raising prices on some items. I have an agreement to keep prices for a year. That year is up at the end of the month. I will give them 30 day notice before I raise prices. The issue is that candy costs are 40-45 cents each. My price is currently 75 cents. I could leave prices at my current levels and live with a lower profit margin.
I would be interested to know what are others doing in these changing times.
Lee
