Former Wall Street Broker chooses new career with ACFN ATM Franchise Business

Former Wall Street Broker chooses new career with ACFN ATM Franchise Business

A casualty of the Wall Street Meltdown, Ron M, a veteran stock broker, discovers a new way to support his family when the company he has worked for goes bust after 27 years.

Jan 04, 2010 New York Former Wall Street brokers and mid-level executives from investment firms are searching for employment. Some are leveraging their business experience and savings to start small businesses or buy into franchises that are still growing through these tough times.

"If you're looking for a job right now, your prospects are terrible. There are six times as many Americans seeking work as there are job openings, and the average duration of unemployment the time the average job-seeker has spent looking for work is more than six months, the highest level since the 1930s" says New York Times OP-ED Columnist, Paul Krugman in a recent article.

The story of former stock broker Ron M is familiar, after 27 years as a broker on Wall Street at the same firm, building a life for his wife and children, he lost his job when the firm closed shop as a result of the financial meltdown on Wall Street.

Ron realized that there was little chance of finding a similar position, so he took to the internet applying himself to search for a home based businesses that included a low investment, a lucrative return, requiring little time and with operational simplicity.

His research led him to an innovative Silicon Valley based company called ACFN and the ATM Franchise business.

American Consumer Financial Network has a successful track record of equipping entrepreneurs from all walks of life with the training and materials they need to start their own ATM franchise.

With his expertise in the financial services sector which included understanding research and due diligence on companies, Ron set out to thoroughly investigate this potential investment and change in lifestyle.

He acquired an ATM Franchise in the New York City Borough where he lives.

Jeff Kerr, President of ACFN says "Our three day training session provided Ron with a wealth of information. It gave him the full gamut of tools for success and prepared him to start his business in new York right away".

"Ron is an example, one of many who've discovered how simple it is to own your own business working with ACFN's experienced team of professionals."adds Kerr.

In a highly competitive market like NYC, Ron believes his success will come from identifying key locations and ACFN finds their franchisees great locations for placement.

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