A mother/daughter team leverages their bond to become successful franchise owners of the ATM business ACFN.
Nov 04, 2009 – Trust, a concept easily pushed to its limits, can sometimes find itself struggling from the stretch of a shared dollar. This strain can often prove too severe for the unmarried or genetically dissimilar. However, one California bred Mother/Daughter business team has found a way to take advantage of their unbreakable bond.
Lauren D. and Juanita W. are a mother/daughter team who share a home, a business and an extremely profitable secret. For the past few years they have been privately operating a franchise as part of the ACFN (American Consumer Financial Network) ATM Business.
The decision to keep their success a secret was their best idea for staying financially conservative and reserving their earnings for expanding their ATM stronghold. Ignoring the benefits of extra income has proven a non-challenge. Their aim is to continue their covert operation until Lauren, the daughter of the pair, retires from full time employment some ten years in the future.
After a brief period of exploring different investment opportunities, the pair settled on ACFN because of its extreme simplicity. They recall purchasing the franchise as one of the best moves they’ve ever made, wishing only that they’d began the journey a few years earlier. Once they’d initiated the process, the job was made easier by their decision to split the weekly time requirements and turn what could barely be considered a light part time responsibility into an almost unnoticeable task.
Much to their delight, the ladies are only obligated to be involved in a small component of their franchise. Their direct involvement is limited solely to the service of their customers, which is the perfect organizational structure for them.
After participating in the ACFN training program, the team was free to service and collect while ACFN handled all of the corporate negotiations and placement agreements.
Vice-President of Sales Robert Harris commented “Lauren and Juanita are the ideal franchisees. They have taken advantage of ACFN’s proven business model and its commitment to its owners, allowing them to plan for retirement years in advance.”
As owners of one of the most successful locations in our network, Lauren and Juanita have proven that business ownership can be its best when shared with a loved one.
President of ACFN Jeff Kerr has frequently stated to those who might be apprehensive about buying their own business “with the extensive support we offer from our corporate office, franchise owners are not required to have a related professional background. We look for entrepreneurial people that understand the basic concept of excellent customer service and are looking for a strong partner with a proven track record to build a good business.
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
ACFN is North America's only ATM franchise focused on providing ATM services to hotels and other travel and entertainment based businesses. With over a decade of experience in ATM business services and more than 135 Franchisees with 1,200 locations in North America.
96 N. Third Street Suite 600
San Jose, CA 95112
888-794-2236
http://www.acfnfranchised.com
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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 135 franchises, 1200 ATM Machines in the US and Canada.
ACFN is North America's only ATM franchise and are ranked the 37th Fastest Growing Private Company in Silicon Valley and the 64th Fastest Growing Private Company on the Inc. Magazine listing of Top 100 Business Products & Services for 2009
