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What Equipment Can I Buy To Make Money? 13 Great Ideas for 2023



What Equipment Can I Buy To Make Money? 13 Great Ideas for 2023

Have you been thinking about starting a money-making side hustle? Then you might have asked the question what equipment can I buy to make money?

The reality is that there are tons of machines and items you can buy to make extra cash on the side.

While some equipment will require manual operation and a bit of your time, other items can be set up to make money on autopilot or rented out to make passive income.

Read on to learn about the best machines to buy to start a business on the side.

What Equipment Can I Buy To Make Money?

Take a look at this list of equipment and tools you can purchase easily to earn extra cash.

1. A Drone

Drones are cool pieces of equipment that have many different functions.

They’re used by government agencies for natural disaster search operations and monitoring climate change.

Plus, they’re used by everyday people to film holiday videos, take aerial photos, and film events.

If you wanted to make money from a drone, you’d need a commercial drone license, and then you could start offering niche drone services.

A few potential customers can be found at events and weddings, selling drone footage to stock sites, offering aerial surveying, and providing inspection footage for electrical, gas, or water lines.

Drones cost between $600 to $3,000 or more for a professional-level model.

However, the good money potential makes the initial investment worth it in the long run.

2. Vending Machine

If you’re still wondering “what equipment can I buy to make quick cash”, a vending machine is another worthwhile option.

Vending machines offer snacks and drinks and are usually situated on commercial premises such as a gym, doctor’s surgery, shop, railway station, or office.

Basically, anywhere you have an active footfall or steady stream of people waiting to do or see something or someone.

You can buy a second-hand vending machine on sites such as eBay for a few hundred dollars or you could invest in a vending franchise like what Tubz Vending offers.

You can place your vending machines on a property you own or negotiate a monthly rent and a profit share to have your machines on someone else’s commercial site.

Once your vending machine business is set up, all you have to do is keep it stocked each month.

3. Pool Table

what equipment can I buy to make money

Investing in a coin-operated pool table is another simple way to make quick cash on the side.

These are even easier to manage than vending machines because you don’t have to fill them up with stock.

You’ve probably seen pool tables in bars, sports clubs, and community centers. And you might have also noticed that it can be hard to get on the table some nights!

This is where you could come in and provide your own tables. If you don’t have your own commercial premises, try negotiating a deal with a leisure site where you provide and maintain the table in return for having your table there free.

Second-hand pool tables cost around $1500, and you’d need to pay for a van to deliver it to a venue.

After that, all you need to do is replace balls or cues if they go missing and enjoy a relatively passive income stream.

4. Sticker Printer

Another piece of equipment worth buying to make money is a sticker printer.

Stickers are hugely popular items that sell well online on sites such as Ebay, Redbubble, and Etsy.

Students and kids love to put stickers on their pencil cases, desks, laptops, books, and more.

While you can use a print-on-demand site such as Printful to print and deliver your stickers, getting your own sticker printer gives you increased quality control and a higher profit margin.

Check out this guide on how to start a sticker business for more information.

5. DJ Equipment

If you have a passion for music and a knack for creating your own tunes, why not get your own DJ equipment and make extra money?

You could set up your own YouTube channel and earn money from adverts and sponsorships when you get enough subscribers.

Another idea is to sell your own merchandise, such as t-shirts, hoodies, and hats under videos with your DJ name on them.

Plus, if you have the time, you can market your DJ services for hire at weddings, events, and clubs.

When you’re not using your DJ equipment, you could rent it out on a site like Fat Llama and make passive income by letting someone else use it for an agreed period of time.

6. Ice Cream Machine

what equipment can I buy t make money

Everybody loves ice cream in the summer!

You could buy an ice cream machine and rent it out to a business or set up your own ice cream business.

The first option of renting it out will bring in a nice chunk of passive income after you’ve found an interested party and negotiated terms.

This is the best idea if you want a hands-off approach to earning on the side.

If you have extra time, you could start selling ice creams from a rented property or from an ice cream van you rent or buy.

In busy times, this will make more cash, but you’ll need to give up time to run the business.

7. Sports Equipment

Sports equipment can also be rented or sold to make extra cash.

If you have sporting equipment already, you could create an online store on a platform like Shopify and rent out your items.

It’s important to do your research, though, and find out what sports equipment is sought after in your area by the public or leisure venues.

Or, if you don’t want to spend time building a site, sporting equipment can be rented out on Fat Llama.

If you have a little more time, you could scour yard sales and second-hand stores for old sporting equipment.

These places often have cheap old sporting goods for sale, which you could flip and sell for a profit.

8. Arcade Machine

Another great answer to “what equipment can I buy to make money” is investing in an arcade machine.

These take up less space than a pool table and can still turn a profit if placed in the right area.

Again, arcade machines do best in areas with people waiting around, such as an airport or a bus station. They could also do well in an establishment where people go to have fun, like a bar or shopping center.

Have a look on eBay or Facebook marketplace for used arcade machines that cost anywhere between a few hundred dollars to a few thousand.

Negotiate a deal with the owner of an establishment you want your machine put into.

Once it’s going, all you have to do is keep it running and collect the profits, which could be between $20 – $50 a day in a busy venue.

9. Cryptomining Machine

crypto currency mining

Cryptocurrency miners make billions of dollars worldwide.

And the good news is that anyone can start mining cryptocurrency from home in their spare time.

Do your research to learn about cryptocurrency, and when you feel ready, invest in a cryptocurrency mining machine, which can cost between $1,000 – $4,000 or more.

One thing to remember here is that start-up costs are relatively high, and there are no guaranteed returns.

A high-spec cryptocurrency mining machine will eat up electricity, so you need to minus electricity costs when working out projected revenue to see if it will be worth it for you.

10. 3D Printer

A 3D printer is another great piece of equipment to buy to make money.

It’s possible to learn how to use a 3D printer online for free, and then you can open your own Etsy store to start selling your designs.

A few ideas for items to make with your 3D printer include:

  • Coasters
  • Bottle openers
  • Cup holders
  • Cookie cutters
  • Egg cups
  • Fruit baskets
  • Unique cutlery

While 3D printing can take a while to master, a small to medium sizes printer only costs around $300, which is affordable.

Take a look at these 3D-printed desk plaques on Etsy for inspiration.

11. Lawn Mower or Leaf Blower

Using a lawn mower or leaf blower to make money requires effort, but it’s simple work.

A second-hand lawn mower should cost no more than $100, and you could make that back in a week, charging $20 – $30 per lawn mowed.

You could do this type of work in your spare time or, eventually, make it into a full-time business.

Start picking up clients by talking to your neighbors and handing out flyers around town.

You could even set up a social media account, showing off your gardening achievements.

After getting a few good reviews, word will spread, and new customers will start approaching you.

12. Electric Bike

electric bike

Working as a delivery driver is a top part-time job to help grow your income on the side.

On any night, you can bet there are hundreds of hungry bellies making food orders on some of the major food delivery sites such as DoorDash and Deliveroo.

By investing in an electric bike, you can join the gig economy and make money delivering food.

This type of work is flexible, as you can choose to work in the mornings, at lunchtime, or at nighttime.

Plus, you can work as many or as few hours as you like to fit this side hustle in around your main job.

Electric bikes cost a minimum of $600. However, you can start off with a pedal bike which is more affordable.

This type of work has minimal overheads, and you can earn $100 – $200 a day at busy times.

13. A Van

One type of heavy equipment to buy to make money is a van.

Investing in a good-sized van simply gives you so many opportunities to make money.

A few van-specific ideas to earn cash include:

  • Helping people move
  • Work as a courier or delivery driver
  • Earn by advertising on your van
  • Rent out your van to businesses
  • Turn it into a food or drink truck
  • Flip old vans for profit

A decent second-hand van could be found for around $4,000+.

But remember that fuel, insurance, and running costs must factor into this side hustle.

If you’re renting out your van, you could easily earn $20 – $30 an hour or charge a monthly fee.

You can double this charge if you include manpower to help people move.

Final Thoughts – What Equipment Can I Buy to Make Money?

Now you know the best equipment worth buying to make money. The tough part is deciding which machine is right for you to invest in.

This listicle has given you a broad range of options, with something for everyone.

If you prefer a more hands-off side hustle, opt for one of the automated machines that just need setting up, such as a vending machine or a pool table.

These will always make money as everyone likes to snack, and we all want entertainment when waiting around.

If you’re happy to get more active, consider investing in a lawn mower, DJ equipment, or a van.

The 3D printer and cryptomining machine will take a little longer to get the hang of, but it can turn a good profit over time.

Consider your skills, passions, and budget, and in no time you’ll decide which equipment you want to buy to earn cash on the side.

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NLRB Drops Expanded Joint Employer Appeal



NLRB Drops Expanded Joint Employer Appeal

The proposed expanded joint employer rule, which an International Franchise Association (IFA)-led coalition challenged in federal court, was defeated Friday when The National Labor Relations Board dropped its appeal of an earlier ruling in favor of the coalition.

Related: Considering franchise ownership? Get started now to find your personalized list of franchises that match your lifestyle, interests and budget.

“This announcement means that the latest attempt to implement joint employer is finally finished and represents a landmark victory for franchise small businesses in communities across America,” Matt Haller, IFA president and CEO, said in a statement. “The franchise business model is the best vehicle for American workers to generate upward mobility and create small business ownership from all walks of life. Make no mistake: while today’s news means the current threat is behind us, IFA will remain vigilant against any attempts to target the franchise model or our members.”

Related: Find Out Which Brands Have Ranked on the Franchise 500 for Longest, Earning a Spot In our New ‘Hall of Fame’

Some form of the Joint Employer Rule has existed for years, but in 2023, the NLRB expanded it in a way that directly impacted the franchise industry. Under the proposed expanded version of the rule, two companies — say, McDonald’s and a McDonald’s franchisee — could more easily be considered “joint employers” of the same employees. That would make McDonald’s legally liable for any labor violation committed by one of its franchisees, even though McDonald’s itself did not hire and does not manage that employee.

Although this is the end of this attempt to expand the rule, attorney Jim Paretti of labor relations law firm Littler Mendelson recently told Entrepreneur what the NLRB’s options are moving forward. “The short answer is that the board can keep trying to write a rule,” Paretti said. “They can go back to the drawing board, try again and write something more narrow.”

Read More: Bloomberg Law

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The Top 5 AI Tools That Can Revolutionize Your Workflow and Boost Productivity



The Top 5 AI Tools That Can Revolutionize Your Workflow and Boost Productivity

Opinions expressed by Entrepreneur contributors are their own.

Discover the top 5 AI tools for marketing and content creation that every marketer needs to know! As AI transforms the business landscape, staying ahead of the curve is crucial. In this video, I dive deep into essential AI marketing tools that can revolutionize your workflow and boost productivity.

Download the free ‘AI Success Kit‘ (limited time only). And you’ll also get a free chapter from Ben’s brand new book, ‘The Wolf is at The Door – How to Survive and Thrive in an AI-Driven World.’

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4 Takeaways For Franchising From the RNC



4 Takeaways For Franchising From the RNC

Opinions expressed by Entrepreneur contributors are their own.

Kicking off hours after an assassination attempt on a presidential candidate, the Republican National Convention took on heightened significance this year. In my role as President and CEO of the International Franchise Association (IFA), I traveled to Milwaukee for a policy roundtable entitled “Franchising, the American Dream,” with U.S. Representative Kevin Hern (R-OK), who is the co-chair of the congressional franchise caucus, McDonald’s franchisee Jimmy Williams, and hotelier Jyoti Sarolia.

Matt Haller and Jyoti Sarolia Credit: Matt Haller

To be clear, IFA is non-partisan and does not take sides in presidential campaigns. We will be in Chicago for the Democratic National Convention in August, and we work with anyone from any party who champions our priorities and fights for our franchise small business owners. That’s also why we partnered with POLITICO and CNN with Milwaukee-based Batteries+. We created a brand activation at the POLITICO/CNN Grill, where over four days we gave away wireless battery chargers to over a thousand attendees, communicating the economic benefits of franchising to convention-goers, with a QR-code that linked to IFA’s Open for Opportunity campaign.

Related: Check out the 2024 Franchise 500 Ranking

Political conventions are always exciting, and this year was no different, especially after COVID-19 curtailed the in-person festivities in 2020. The buzz and energy were palpable. In my conversations with various stakeholders from all walks of life, certain commonalities emerged. Here are four of them.

1. Unions and franchising are not incompatible

The fiery speech from Sean O’Brien, president of the International Brotherhood of Teamsters, got people’s attention. It marked the first time a teamster addressed the RNC in its 121-year history. The Wall Street Journal headline read, “Trump Courts the Union Vote.” The GOP is not used to speakers at their convention railing about “economic terrorism.” But as O’Brien pointed out, the Teamsters have supported Republican candidates before, including Presidents Richard Nixon, Ronald Reagan and George H.W. Bush.

For the franchise community, O’Brien’s presence served as a reminder that we have a compelling story to tell and we need to tell it.

First of all, our model provides nearly 9 million direct jobs, and not a single one is being outsourced overseas. Second, jobs in franchising pay up to 3.4 percent higher wages and provide higher rates of paid leave and other benefits than those at non-franchises, according to data from Oxford Economics. Third, franchises ARE small businesses, and that is the benefit of our business model.

Related: 7 Ways The Expanded Joint Employer Rule Would Hurt Franchises — And Your Wallet

While we are not going to agree with the Teamsters or other unions on much, one thing we do agree on is that policymakers should be focused on creating good jobs right here in America, and that’s what the franchising community is doing. Even when our brands open new franchises overseas, we are bringing money back ashore to the U.S. via the royalty stream paid to operate a U.S. brand abroad, creating a net-trade benefit to the U.S. economy.

We must push back on the idea that the franchise model and unions are incompatible. It’s false. We can and do have both. It is true that the union’s top policy agenda, the PRO Act and an expanded definition of joint employer, and franchising cannot co-exist, but unions are not inherently an opponent. It’s their history of policy priorities that would bring down franchising that we oppose.

2. Franchising is re-aligning party lines

Second, the traditional political and party lines are re-aligning, creating another golden opportunity to expand the franchise tent. For example, public polls have shown former President Donald Trump receiving as high as 30 percent of the Black vote — nearly three times higher than the 12 percent he earned in 2020.

Here again, franchising has an important role to play. Franchising has higher rates of business ownership among women, veterans and minorities. In fact, more than one-quarter (26 percent) of franchises are owned by people of color, compared to 17 percent of non-franchised businesses.

1721501763 1 4 Takeaways For Franchising From the RNC

Paul Calkins (IFA), House Speaker Mike Johnson and Matt Haller (IFA) Credit: Matt Haller

As Clement Troutman, an IFA member, U.S. Navy veteran, author, and Maryland-based Tropical Smoothie Cafe franchisee, wrote in a column for the Washington Times observing Juneteenth, “the last few years have been challenging for Black entrepreneurs. From challenges accessing capital to a disproportionate impact stemming from the pandemic, Black small business owners face major obstacles.”

Clement noted, “Franchising can help, but only if elected leaders do their part in creating the right business environment.” These are wise words and lessons that all candidates should take to heart if they want to expand their political base of supporters.

3. J.D. Vance has sided with franchising in the past

There was a lot of scrutiny on Senator J.D. Vance after his selection as the vice-presidential nominee, and nearly every conversation I had with members of Congress and others in Milwaukee centered around what to make of Senator Vance’s selection. In the event of a Trump victory, many view him as the natural GOP standard-bearer in 2028. Throughout his two years in the Senate, Vance has raised eyebrows by deviating from traditional Republican orthodoxy. For example, he has marched on union picket lines and famously praised Federal Trade Commission (FTC) Chair Lina Khan as “one of the few people in the Biden administration who I think is doing a pretty good job.” Yet when it came to franchise issues, particularly joint employer, Senator Vance sided with franchising. When the stakes were the highest during this spring’s repeal of the joint employer rule, Vance stood with us, and that is telling.

4. The next president will have a huge impact on franchising

Members of the franchise community — like all voters — are assessing their presidential choices through the prism of past policies. We have a sense of what a second Trump and Biden administration could look like by evaluating their previous time in office. Certainly, IFA is focused much more on economic and regulatory visions than we do on political ideology. What is the plan for job creators?

Related: Decoding the Massive Impact of the NLRB’s Joint Employer Rule

For example, the individual tax provisions in the Tax Cuts and Jobs Act (TCJA) are set to expire next year. The law significantly restructured numerous aspects of the federal tax system for small businesses, including reductions in individual and corporate tax rates, a new 20% deduction for income from pass-through businesses, 100% bonus depreciation for capital investments, and a new limitation on the deductibility of business interest. The GOP platform expressly calls for tax cuts and many Ways and Means Committee members who will write the next tax law, including Chairman Jason Smith of Missouri, Vern Buchanan of Florida, and Lloyd Smucker of Pennsylvania, have all highlighted the importance of ensuring pass-through businesses like most franchises are treated fairly in the next round of tax reform.

Beyond tax issues, the next president will choose their own FTC chair, who can in turn update the Franchise Rule, something that hasn’t happened since 2007 — the same year the first iPhone was introduced — and will make appointments to the NLRB, including the general counsel, who is arguably the most powerful position at that agency.

The stakes are high for franchisors and franchisees alike. We do not vote as a monolith or along strict party lines. But one thing is clear, the list of issues facing franchising is long, and the importance of having a seat at the table is more important than ever. Thanks to the support of so many IFA members, and what our brands, franchisees and suppliers do every day, I’m confident that whatever November brings, franchising will continue to thrive and IFA will be at the forefront fighting for the best interest of franchising.

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