Why You Need to “Authenticate” the Value of Your Pawn Business
If a customer were to walk into your shop claiming to have a baseball signed by Joe DiMaggio, you wouldn’t think of giving him or her a loan without first…
End of Trump Tax Cuts Makes Now a Good Time to Sell
The Trump-era tax cuts are scheduled to end in 2025. Unless Congress decides to extend the cuts, regular income and long-term capital gain taxes will both go up. This means that…
Increasing the Visibility of Your Pawn Business
National Pawn, a pawn business with nineteen stores throughout Triangle and Wilmington, NC, released a press release in June 2012 that announced that two Wake County high school students had…
See Your Pawn Business From the Buyer’s Point of View
You can never really know whether or not you’re ready to sell your independent pawn business unless you know how much your business is worth—from the buyer’s point of view….
Reorganizing Your Pawn Business’s Capital Structure
If an independent pawn business has multiple owners, it can be difficult for partners to decide what to do when one owner wants out, particularly if it doesn’t make sense…
Why Close Your Pawn Shop When You Can Sell It?
When pawn shop owners talk to Stallcup Group about the value of their businesses, in addition to talking about their assets, they inevitably wind up talking about how much they…
Three Ways to Make Your Pawn Business More Profitable—and Sellable
Your pawn business may be doing well but doesn’t mean that you can’t make it even more profitable, or, if you’re planning on selling your pawn business, make it more…
How to Recruit and Hire the Right People for Your Pawn Shop
One of the easiest ways to increase the overall value of your independent pawn business is to recruit and hire the right candidates. Three things you can do to ensure that…
Attracting the Ideal Customer
Are you marketing your pawn shop like a three-ring circus? While casting a wide net seems like safe strategy, using the old come-one-come-all rhetoric can be like throwing a handful…
Marketing Your Pawn Business to Potential Buyers
To market your pawn shop to any of the major companies, you have to know what it is that they’re looking for in an acquisition. A major pawn company isn’t…