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How to own an atm franchise things to consider on obtaining an atm by peterannie on Mar 29, 2013 • 0 views Owning an ATM franchise offers you a steady stream of income with minimal time and energy investment. The best ones can be acquired without excessive capital requirements and annual operation fees. ... More… Owning an ATM franchise offers you a steady stream of income with minimal time and energy investment. The best ones can be acquired without excessive capital requirements and annual operation fees. Less

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How to own an atm franchise things to consider on obtaining an atm Document Transcript • How to Own an ATM Franchise? Things to consider on obtaining an ATMOwning an ATM franchise offers you a steady stream of income with minimal time and energyinvestment. The best ones can be acquired without excessive capital requirements and annual operationfees. If you have an ideal ATM franchise, you can generate sufficient revenue to get additionalfranchises. In short, having an ATM franchise opens doors to generate more income. If you want toenjoy this benefit, it is crucial that you know the things to consider on obtaining an ATM franchise.Support and TrainingWhen you acquire a franchise, check if the ATM Company offers extensive training sessions. Thesetrainings should cover topics that will enhance your knowledge and expertise in starting an ATMbusiness such as Overview


of the ATM industrya. Business modelb. Competitive advantagesc. Marketing strategiesd. Technical traininge. High-traffic LocationsAnother factor to consider is the availability of high-traffic locations in your area. Choose an ATMfranchise that has available locations in crowded places such as bars, hospitals, restaurants, club houses,and many more. These kinds of high traffic locations help you maximize the profit from your ATMs. Youmust also have information on the number of ATMs in your community and existing relationships ofthese locations to a franchise provider.Current BudgetYou should also consider the upfront costs in choosing an ATM franchise. They may be out of yourcurrent budget which will only result to limited monthly profits due to administrative fees. Your annualcosts can also cut your profits if your ATM needs repairs due to theft or standard wear and tear. Inaddition, you need to check the length of the franchise agreement to ensure that the upfront costs arevaluable.Potential ProfitsAnother thing to consider in buying an ATM franchise is territories which are defined by your franchiseagreement. The best ATM franchise allows you to purchase more than 1 unit to increase your profits.You can also increase your budget and have multiple ATM franchises through franchise partnerships,thereby increasing your profits. Search

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How to Own an ATM Franchise Things to consider on obtaining an ATM