Three People You Need at Closing
Every pawn shop owner has an idea of the dollar value of his or her business, but without the assistance of objective third parties, it is practically impossible to know…
I Should Have Left Vegas on Saturday
I recently took a vacation to Las Vegas with a couple of friends to celebrate some milestone birthdays. Everyone in the group enjoys gambling, which, as you might guess, was…
One Deal You Should Never Broker Alone
In the pawn industry, many believe that in order to be successful, you have to have an innate sense of the value of things. Pawn shop owners who’ve had to…
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…
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…
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…