Entrepreneurship - Connecting Ideas to Opportunities in Arkansas

May 6, 2011 - PRLog -- The Arkansas State Chamber of Commerce issued a report projecting the state's $240 million unemployment debt to be gone by 2015 -- without having to issue bonds to help cover the debt.

The state has borrowed heavily from the government to keep its unemployment trust fund solvent during the recession, and dealing with the debt was one of the key issues in the recently completed legislative session. The Senate produced a pair of bills to address the shortfall: Act 1125 by Senator Jeremy Hutchinson (R-Little Rock), which gives the governor authority to call a special election for approval of a $500 million bond to pay the debt; and Act 861 by Senator Jonathan Dismang (R-Beebe), which puts a freeze on unemployment benefit increases and cuts the benefit period from 26 to 25 weeks.

During the session, Hutchinson claimed Act 1125 would put the state in a much more favorable position. While Arkansas would essentially trade one debt for another, the new debt would have lower interest and would include a mechanism for payment.

Dismang, meanwhile, called Act 861 "a long-term solution" to the problem, because it would stop unemployment benefits from ballooning. Chamber of Commerce President Randy Zook confirmed Dismang's opinion in the announcement, estimating that Act 861 will save the state about $60-75 million a year.

Given the economic outlook going forward, consider starting your own business in Arkansas and the advantages of being self employed and working from home. After all, it is human endeavor and nothing else that transforms potential to actuality.

Starting your own business in Arkansas does not necessarily mean a brand new invention or product. In fact, many successful small businesses have found a way to deliver an existing service or product more efficiently and economically or have customized an existing product or service to fit an opportunity.

If you are motivated and entrepreneurial, and believe that you will do well with your own business and you are disciplined and willing and to put the effort, time and money, a home based business may be for you.

If you are in career transition, or have always wanted to own your own business, your next career move might just be as a business owner of one of the nation's most sought after franchise companies, the ACFN ATM Franchise.

The ACFN ATM Franchise Business is headquartered in San Jose, California, where the company was ranked by the Business Journal as the 43rd Fastest Growing Private Company in Silicon Valley for 2007 - 2009.

Entrepreneur Magazine's Franchise 500 listing for 2010 ranks ACFN, the only ATM franchise business in the US, #1 in category "Miscellaneous Financial Services".

ACFN the innovative ATM Franchise Business based in Silicon Valley, is North Americas only ATM franchise focused on providing ATM services to hotels and other travel and entertainment based businesses.

“ACFN is a U.S. company with operations in all 50 States and Canada, however by utilizing our franchise business model we maintain the operating efficiencies of a local company”, says Jeff Kerr, Founder and President of ACFN.

“ ACFN's ATM franchise equips you with the tools and the know how to manage the business". Avi Blankroth, Executive Vice President of ACFN says. "The process begins with each franchisee purchasing ATMs, while ACFN locates and contracts lucrative placement locations"

About  ACFN

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



Find out how you can benefit from ACFN to help deliver return on investment, positive cash flow and improved revenue.

More information is available at:

http://www.acfnfranchised.com/

American Consumer Financial Network (ACFN)
111 W. St. John St
Sixth Floor
San Jose, CA 95113

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 170 franchises, 1400 ATM Machines in the US and Canada.