The Importance of Being Profitable Before and at the Time of Sale

Pawn shop owners often opt to sell their businesses when the business is no longer bringing in the kinds of profits that they want or need. Unfortunately, selling a pawn business when business is down is not optimal for anyone. The seller usually has difficulty selling the business and winds up getting much less than… Click here to read the rest of the article.

Shop Talk: No Serial Number, No Deal?

Soon, Richmond, VA pawn shops will not only have to keep the IDs of the owners of items they accept or purchase, but refuse any items without visible serial numbers, according to a recent WWBT-TV NBC 12 report. This doesn’t sound too extreme or unusual, but one has to wonder whether requiring visible serial numbers on… Click here to read the rest of the article.

Steve Stallcup understands the needs of pawnshop owners.