Small Business ATM Franchise ACFN earns highly respected Entrepreneur.com Seal of Approval.

ACFN’s ATM Franchise Business has once again been named one of the “Fastest Growing Franchises” in the US by Entrepreneur Magazine. With lower start up costs than the typical fast food franchises, it is an ideal small business.
By: Tonie Phillips
 
Jan. 13, 2010 - PRLog -- An internet search for the word ‘franchise’ does little to enlighten an aspiring business owner to the many possibilities of franchising. Instead, it highlights the most common type of franchise, fast food restaurants.

A fact of life, fast food franchises vastly outnumber medium to fine dining establishments and are a staple of any city. With this kind of market saturation, why would a budding entrepreneur employ capital on such an unoriginal idea?

For those seriously looking to explore financial independence, Entrepreneur Magazine has the answer, their list of the Fastest Growing Franchises in the US. As you may expect, the usual subjects, Subway, Dunkin Donuts and McDonald’s, lead the list with their high barriers to entry and their promises of meager profits.

For example, to open a McDonald’s one would need a little over a quarter of a million dollars, and would have to personally operate the chain, since absentee ownership is not allowed. It seems fast food chains simply aren’t the type of investment an average American would be able to enjoy.

When you scoot further down the list, the options become more realistic for the average family with an average income. ACFN’s ATM Franchise Business makes a great showing at #86, with a cash liquidity requirement of just $36,000.

Primarily a part time business, an ATM franchise can be run from home. Also absentee ownership is allowed, though most franchisees elect to operate the business themselves.

ACFN Founder and President Jeff Kerr based his business model on practicality and ease of entry. “When I started ACFN in 1996, I was just a regular guy looking for a better way to make a living." says Kerr "That is the typical ACFN franchisee, people who are bold enough to try something new when the 9 – 5 circuit just isn’t enough".

"Anyone can operate our franchise using our model. We train our members here at our headquarters, and are always available for technical support. We make it stress and hassle free.” adds Kerr

The ACFN business model is highly successful and is once again recognized by the leading magazine for the self employed, Entrepreneur Magazine. According to their latest survey shows ACFN franchisee numbers are rising fast, increasing 25% in 2009.

"Current events are making more and more Americans interested in business ownership, and ACFN is a great option for those looking to stay afloat over tumultuous waters" adds Avi Blankroth, Executive Vice President at ACFN

About American Consumer Financial Network ("ACFN")

ACFN is ranked the 37th Fastest Growing Private Company in Silicon Valley by the Silicon Valley Business Journal for 2009 and the 64th Fastest Growing Private Company on the Inc. Magazine listing of Top 100 Business Products & Services for 2009 and recognized by Entrepreneur Magazine as one of the “Fast 50” franchise companies”.

Video at: http://www.youtube.com/watch?v=GqplU0Ye7Bw



96 N. Third Street Suite 600
San Jose, CA 95112            
888-794-2236
http://www.acfnfranchised.com

# # #

ACFN is North Americas only ATM franchise focused on providing ATM services to hotels and other travel and entertainment based businesses. Providing ATM services since 1996, franchised in 2003 with 135 franchises, 1200 ATM Machines in the US and Canada.
End
Source:Tonie Phillips
Email:***@acfn.info Email Verified
Zip:95112
Tags:Acfn, Atm, Franchise, Jeff Kerr, Avi Blankroth, Entrepreneur Magazine, Home Based Business
Industry:Business, Home business, Services
Location:San Jose - California - United States
Account Email Address Verified     Disclaimer     Report Abuse
American Consumer Financial Network News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share