Starting an independent ATM business requires systematic planning across legal, financial, and operational areas.
Entity and Accounts
Register a company, open a dedicated business account for settlements, and maintain clean separation from personal funds.
Processing and Compliance Basics
Apply with a processor, complete required screenings, and keep clear records for settlements. Store agreements and statements in a shared drive.
Equipment Choice
Start with one modern retail ATM to learn vaulting and service routines. Scale as real data arrives.
Placement Pipeline
Map target venues, contact owners, and keep notes in a simple CRM sheet. Track stage, visit dates, and next steps.
Cash Plan
Decide on self vaulting, armored, or a mix. Size the float based on expected transactions and event weekends.
Service Loop
Set monitoring alerts, stock basic parts in the vehicle, and log every issue and fix. Build a monthly review ritual for uptime and earnings.
Timeline Expectations
Lead times depend on processing setup and install scheduling. Many first sites complete within a few weeks once equipment is on hand.
Essential Toolset
A shared drive for contracts and statements, a CRM sheet for venues, and a basic toolkit for field work.