Young Adults Becoming Serial Entrepreneurs

April 1, 2010 - PRLog -- Trendspotting recently released reports stating that individuals between the ages of 55-64 are the most likely to start their own businesses. Additionally their analysis revealed that adults between the ages of 20-24 are the least likely to start their own businesses, with the average age of entering the entrepreneurial fold being 39.

Fortunately, a Professor out of Belmont University gave great insight into the possibility of those numbers being proven wrong for the year 2010. In the last year alone his university’s graduating seniors nearly tripled the number of small business start ups as compared to the previous year.

The technological advances of the past decade have made it easier for Gen Y to start internet based businesses at the click of a button. Ultimately young adults are aiming high when planning for their futures, and many refer to themselves as serial entrepreneurs.

Getting wind of the business owning interests of the current generation, ACFN, the ATM Franchise Business based in California, "we have set our sights on bringing in a number of young franchisees to help the business grow over the long term". President and Founder of ACFN Jeff Kerr says.

“My Grandfather worked for one company for 40 years and then retired with a good pension and benefit package but those days are over. Pensions are almost obsolete, companies are less stable and talented people job hop to forward their careers. With the economy and today’s unemployment many young people are looking for an independent income that is not job based and our ACFN ATM Business is a great way to achieve that goal” says Kerr

Frequently when some people think franchise, they assume the business must include sandwich meats, frozen burgers or coffee machines and donuts.

Fortunately ACFN is the new poster child for the non-perishable goods sector of franchising.

ACFN supports their franchisees in all the aspects of ATM network operation. When the training is complete, ACFN locates and contracts the best fitting locations in the new franchisee’s area for ATM placement.

As Jim, the previous head of the Atlanta territory will tell you, every ACFN member wishes one thing when they’ve achieved success with their ATM network: that they would have started sooner. Unlike some other franchise business models, growing an ATM business network becomes easier the larger it gets as many owners roll their revenues directly back into the business for the purposes of expansion.

A young entrepreneur will find that starting their franchise in their twenties could mean, with the appropriate resources, becoming the head of their territory long before retirement age. Their work doesn’t require an accounting degree, and simply relies on professional service that can be done at any hour of the day, great for Gen Y night owls.

Franchise Fee's are reasonably priced and start at $25,000

The company also provides a comprehensive  training program at their headquarters in San Jose, California and the best ongoing customer service that can only be described as second to none.

http://www.youtube.com/watch?v=y2DuNabUgNA



About ACFN

ACFN the ATM franchise business opportunity for individuals interested in developing a business with a recurring revenue stream within the financial services sector.

With over a decade of experience in ATM services and more than 150 Franchises and 1,200 locations in North America. ACFN is a leader in the ATM industry with a proven track record and an impressive client list.

American Consumer Financial Network (ACFN)
96 N. Third Street
Suite 600 San Jose,
CA 95112

Tel 888-794-2236

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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 150 franchises, 1200 ATM Machines in the US and Canada.