If you want to start an ATM business, you need a few basic items first. This paperwork helps you stay organized and helps you get paid the right way.
The main paperwork you need
- Business registration (LLC)
This makes your business official and helps protect you. - EIN (Employer Identification Number)
This is like a Social Security number for your business. Banks often ask for it. - Business bank accounts
You want two accounts: one for surcharge income and one for vault cash. - ATM placement agreement
This is the simple contract between you and the business owner.
Other items that help
- A basic business email and phone number
- A simple record of your ATM locations and payment splits
- A folder (digital or paper) to keep everything in one place
Why this matters
Good paperwork makes your ATM business easier to run. It also helps you look professional when you talk to business owners.
Quick Start Checklist:
- Register your LLC
- Get your EIN
- Open two business bank accounts
- Use a written ATM placement agreement
- Keep your records organized
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