If you want to look for a business that can allow you to be more flexible and set up your own work schedule, you can look for business franchises. Many of us are not cut out for the traditional 9 to 5 job and want a home based franchise opportunity business for more flexibility in their work life. There are several different types of business franchises available for those looking for such business opportunities. If you are looking to buy a good franchise, pay heed to the quality of the product or service that you are offering customers. ACFN is the one which helps you to get best small franchise business Factors to Consider ACFN franchise small business is the one which helps you to get best small franchise business.
You need to consider some important factors while selecting business franchises. You have to first consider the capital requirements of the specific franchise along with current trends in the industry. You must also make an assessment of the amount of time it might take to get your business started. When browsing through opportunities, you must ask for more information regarding the franchises that you are interested in. You need to go through several franchise options and solutions and then choose the one that fits you. Selection Criteria You can use this link to own an ATM franchise business opportunities .
Purchasing a business franchise can be an excellent investment leading to great financial growth. You must look for something that interests you and something that you are passionate about so that you are proud of the franchise that you own. Establish your strengths and weaknesses and decide the amount that you are willing to invest, in order to make an educated decision. View the options on the franchise solutions site. The business franchise opportunities usually have all the tools that are needed for starting the business and can help you make contacts with the franchises that you are interested in. You can get a lot of useful information from the site as well as all the other details from the franchisors. You need to zero in on the desired investment, the preferred industry and the desired location of the franchise to make the right decision.
ACFN: Your Part Time ATM Franchise for Full Time Retirement
American Consumer Financial Network, or ACFN for short, is a company that owns and operates a network of ATM in travel and entertainment-based businesses. It was franchised in 2003 and has been recognized as one of the top business franchise opportunities by prestigious publications such as Inc Magazine, Military Times Best Franchises for Vets, Entrepreneur Franchise 500, AllBusiness.com, and Franchise Times.
Currently providing ATM services to 1,800 locations, the company has expanded across Canada and the United States. It offers its customers eventual financial independence with a strong long-term residual income. It does not involve complex employees and a demanding schedule, making it the ideal home-based franchise.
ACFN offers a number of benefits in many aspects such as marketing, expertise, flexibility, simplicity, affordable capital requirement, immediate and independent income, and a proven track record.
The company finds the qualified location your area and negotiates to obtain the contract for ATM placement.
It involves an experienced team of professionals that will assist you with your franchise.
You can begin part time without compromising your primary source of income, meaning you can deal with the business as your finances and time allow.
You do not need employees and long-term leases.
You only need a capital requirement of $35,000 to $50,000.
You start generating income as soon as you install your ATM.
The company offers the business franchise opportunity to build a large and independent network of ATMs and enjoy a long-term residual income.
The company has a significant client base in the country which includes hospitals, sports bars, entertainment venues, national parks, and many more.
ACFN is the only ATM franchise business in North America. The company enjoys sustainable and significant competitive advantages compared to other ATM companies. It has established routes in various places including Moline, Connecticut, Indianapolis, and San Francisco. It still has available ATM routes in Albany, Madison, Manchester, Birmingham, Northern and Southern California, Spokane, Bakersfield, Chico, and Albuquerque. New ATM routes were recently added, and the company is looking for new franchisees in these areas.
Earning Profits through an ATM Franchise
Can you earn profits through an ATM franchise? Many people ask this question and the answer, for the most part, is yes! The ATM business is convenient, however its profits may depend on the location, costs, and customers. You can be most profitable with a steady stream of customers, low operating costs, and an accessible location. Here is more information on earning profits through an ATM franchise to help you finally decide to join the business.
BACKGROUND
ATMs were first introduced in the 1980s and have become a common convenience and necessity ever since. In fact, they have been very profitable that travel agents suggest travellers to use ATMs to exchange their money when taking a trip in many countries. Moreover, the electronic exchange rate is often better that the traditional tourist exchange rate. They are very productive with very low operating costs. They only charge people for the convenience of withdrawing their money.
OPERATING COSTS
The costs of ATM businesses vary based on how you get your machines. You have a choice to buy an ATM and set up them, but that would be expensive. You may not make enough money to equalize the purchasing cost. You can also rent or lease machines to reduce the upfront costs. Most ATM franchise owners choose this approach. Depending on the supplier, prices will vary so compare your options to get the best deal.
LOCATION COST
Other prices vary according to the location of the machine. If you own or rent a machine already, no further costs are needed for placement and wiring. But, if you use someone else's location, you may need to negotiate a space-rental agreement.
CONVENIENCE
Customers tend to spend money in a store where it is easy to do so. When you make your ATM accessible and easy to operate, you can start earning profits through an ATM franchise.
PROFITS
The ATM business can be lucrative. Assuming you charge $1.25 per transaction and you get 300 ATM withdrawals per week. You can get a direct gross profit of $375, which is probably enough to pay for daily ATM operating costs. You can even acquire bigger amounts for the same transactions if you place your ATM in a business because generally people spend what they withdraw.
