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Terrence Warren

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A Broke Man's Guide To Starting An ATM Company
by Terrence Warren   
Books by Terrence Warren
· Inspiring Minds #3
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Category:  Business/Investing
Publisher: Generation Publishing

Type: Non-Fiction

Pages: 12

Copyright: 
January 19, 2010

Focuses on information and instructions in becoming an independent ATM Operator.

This 12 page eBook is detailed with information pertaining to the ATM business. It focuses primarily on how the ATM/Vending Industry works, how to set up an ATM company and/or operate as an independent operator. Also includes resourceful websites and companies that specialize in cash loading, placement and locations, parts, and wholesale pricing. This book is packed with examples and gives excellent references.

 



Excerpt

Starting An ATM Company

I will add more detailed info about launching an ATM business since that seems to be the one I’m always asked about the most. What
follows below are 10 simple steps to get started in the ATM business. Each step is condensed and explained in simple terms, many more secrets, money saving ideas, and profit generating ideas of the ATM business are available if you choose to partner up and do business with Franklin ATM, Convenience ATMs, Inc., or any ATM distributor/service provider.

1. OPEN A BUSINESS BANK ACCOUNT / NAME YOUR COMPANY
To handle daily recurring ATM deposits and transactions you will need a business
account at your bank. Try to select a bank which has many branches in the areas of your
ATM network and one which will not charge you for numerous itemized transactions on
your account as you will have one or more transactions posted to your account per day
per machine. To open a business account you will need a business name. Go to your
state’s fictitious name registration website and obtain a company name of your choosing
that is not already in use. Choose a name, check to see if it available via an online search
on the fictitious name website. If it is available you will need to pay a small fee to
register the name, it will then be available immediately upon completion of the
registration. You can then use this company name to open your ATM business bank


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