How Do Pawn Shops Make Money?
Pawn shops are great places for people to loan and sell their items, allowing them to access a source of cash quickly, but some people are wondering, how else do…
If Not an Eye for an Eye, How About One for 100 Bucks?
According to Tyrone Jackson, a long-time assistant at Chouteau Pawn in Kansas City, a customer walked in, popped out his glass eye, and asked to make a deal. Like so…
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…
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…
9 Merchandising Tips to Help Your Pawn Shop Look Like a Million Bucks…or more
When stocking everything from flat screens and tricycles to power drills and diamond rings, it can be tricky to keep your eclectic menagerie from looking like a garage sale. Because…
How Social Media Can Boost Your Pawn Business
There are a lot of pawn shops out there, but very few are currently capitalizing on the benefits of social media marketing. Does this need to change? With more of…
Another Compelling Reason to Consider Selling Your Pawn Business
If you’re an independent pawn shop owner who deals in firearms, it may be more advantageous than ever for you to sell your business. Not all pawn shop owners have…