How to Start an ATM Business (Step-by-Step) скачать в хорошем качестве

How to Start an ATM Business (Step-by-Step)

If you're trying to find a decent source of passive income but haven't found any of the side hustles we've discussed in our previous videos to be the right fit, then you might be interested in learning about what it takes to start your own ATM business. ▬Contents of this video▬ 00:00 - Intro 0:14 - Buying an ATM 1:03 - Getting Your Paperwork 1:37 - Choosing a Location 2:15 - The Banking Agreement 2:55 - Setting Surcharge Rates 3:26 - ATM Business Profits Like this content? Subscribe here:    / @sidehustleculture   To own and operate an ATM, you don't need any kind of special training, experience, or technical know-how. All you have to essentially do is formulate a business plan, buy a machine, complete the required paperwork, find a suitable location, figure out what you want your surcharges to be, and then just sit back and let your ATM make you money. It's as simple as that. Most ATM machines these days charge between $2 to 5 for customers to access their cash. Obviously, you'll want to stay competitive with other ATMs in the surrounding area. Location will also play a significant role in determining what you should charge for your ATM's service. While a $5 ATM fee at a casino might be reasonable, folks trying to get some cash at a convenience store on a Tuesday night might not be willing to pay that kind of money. All said done, after deducting operation costs, the average ATM owner makes about $600 a month per machine. Once again, depending on location, traffic, and surcharges, this number can fluctuate quite a bit. After you've successfully set up one ATM, you can move on to purchasing other units to maximize your profit. How to Start an ATM Business (Step-by-Step)