An ATM is a great idea for almost any brick-and-mortar business frequented by customers, but many business owners ask whether it’s better to buy an ATM machine outright or to participate in our free ATM Placement Program. The answer is different for each business, based primarily on that business’ priorities, cash flow and long-term interest. Owning an ATM allows for greater profits in the long run, but it also requires time, effort and an investment of money—and some business owners would rather leave those tasks to someone else. In deciding whether an ATM Placement Program is right for your particular business, here are a few questions to ask yourself.
How much money am I willing to spend?
If you have an initial outlay to invest (ATM’s don’t cost that much to buy) plus cash with which to stock the machine, you can definitely increase your revenue and profits over time by owning an ATM—provided, of course, that it sits in a place with plenty of foot traffic. If you don’t want to spend the money up front but simply want the convenience and secondary benefits of having an ATM on your premises, a free Placement Program might be a good solution for you.
How much time am I willing to spend?
Operating and managing an ATM machine does entail a small learning curve. While some business owners don’t mind the extra time it takes to learn and to manage the process, others would rather just focus on what they’re in business to do. As yourself what’s more important to you: Time or profits? If you said the former, you would probably do better with an ATM Placement.
How much responsibility do I want?
Along with the investment of money and time, owning an ATM requires an ongoing effort to keep the machine stocked with cash and in proper working order. Some business owners don’t mind the added responsibility, while others are uncomfortable handling that kind of cash on their property or having to deal with maintenance and repairs. If you don’t want the extra responsibility for taking care of an ATM and you’d rather leave it to us, you’re probably a good candidate for ATM Placement.
AtmMachines.com, LLC offers a variety of programs tailored to the needs of all types of businesses. To learn more about our ATM Placement Program to decide whether it’s right for you, call us at 1-866-295-2329.