The 6 Basics of Starting an ATM Business

The Basics of Starting an ATM Business

Did you know that there are over 425,000 ATMs in the US and fewer than half of those are owned by banks?

The majority of them are owned by people like you and me. ATMs are very profitable businesses because there is very little to no overhead expenses. You don’t need employees.

No store front or rental space is needed, and there is a low start up investment. The best part is you can manage your ATM business from home at your own schedule. Are you ready to get started?

Follow these 6 basic steps to set the foundation for starting an ATM business to ensure maximum potential for success: Read more

Can I Rent an ATM or the Space?

ATM Placements or Rent an ATM?

Getting in on theATM for Rent Sign thriving business of owning an ATM is a great opportunity, but what if you’re not ready to invest $2,000 to $5,000 in your own machine? Maybe you just need an ATM for special event or you want to get a taste for the business without making a big commitment. Perhaps the flexibility of a month to month investment  or a partnership would be much easier for you to commit to. If this sounds like you, then renting an ATM machine might be the way to go. Read more

Getting Your ATM Business Ready for the Holidays

How To Keep Shoppers Happy During the Holiday Season:

Santa Claus ATMIn 2012, the average holiday shopper spent over $800 on gifts for the holiday season. With this time of year quickly approaching, the spending season will be upon us once again. With thanks to your ATM business, you are about to reap the rewards of giving customers the convenience of having cash in hand with the swipe of a card.

Of course, to reap these rewards you will need to be sure to stock your machine and keep a close eye on your ATM’s transactions using your web access. It’s important to make sure your ATM doesn’t run out of money because being out of cash means that you’re out of business. Read more

9 Tips to Planning Your ATM Purchase

Planning Your ATM Purchase

Planning your ATM purchase

Many business owners find themselves wondering if they should purchase an ATM. If you have a lot of foot traffic in your establishment, have people asking, often, if you have an older machine, or you know there isn’t another machine close, are all good reasons to consider the purchase.

Once the decision has been made to purchase an ATM, the decision maker needs to research and plan out the path they want to take. Some things to consider when planning an ATM purchase are the machine options, costs, and profitability. Knowing exactly what you are getting into and what to expect can alleviate stress throughout the purchase. Read more

Maximizing ATM Revenues

Maximize ATM Revenue

Maximizing ATM Revenues

Before a business owner decides to purchase an ATM, there are factors that should be taken into consideration. First, an owner is usually wondering how they can maximize revenues with the machine and what a good plan is to make that happen.

The establishment where you locate or place your ATM, whether it is a gas station, convenience store, restaurant, or bar; will want to be sure they have the amount of foot traffic needed to generate good use of an ATM. A good rule of thumb to go by is; if the place of business has 150 patrons or more throughout the day, the ATM should generate enough revenue to make the ATM business for that location worthwhile. Another indication of a good establishment, would be if people stop into the business and ask if there is an ATM in the store or if there is one nearby. Read more