I hear an awful lot of people talking about “Who owns your data?” these days. It seems it’s a real discussion anywhere you go, and usually surrounding cloud software providers.
So, let’s dig in…
Who owns your data and what can they do with it?
Pawn Shop Security – Security Levels in PawnMaster
Like many of you, when I owned and ran my stores, pawn shop security was a big priority. I did jewelry and gun counts several times a day.
The jewelry was locked in showcases and in my safe, I had security tags on my high-end general merchandise. I locked my store, used security bars and an alarm with video.
How to Sell Your Pawn Shop
Pawn business sellers typically engage in one of two scenarios. In one scenario, the seller calls a potential buyer and asks the buyer to put a value on their business (usually as a result of receiving a buyer’s generic flyer in the mail). In the other scenario, the seller responds to a call from a salesperson whose number one goal is to get the seller to put a value on their pawn shop before the seller knows its true value.
Both scenarios are problematic because they result in the seller making the same costly mistakes: not marketing their business to all potential buyers at the same time and agreeing on a too-low purchase price. If you’d like to sell your pawn shop, but you’re not sure where to start, you’ve come to the right place.
How Do I Change My Shop Address on Pawnbroker Pawn Shop Software
To maintain accurate business management and compliance, it’s necessary to keep your pawn shop address up to date. As much as we’d all like to stay in the same location for convenience, it isn’t always possible.
Best Practices For Your Shop This Holiday Season
The holiday season presents itself every year at the same time and with the same expectations. However, all too often many of us are still unprepared to capture all the revenue opportunities. This article, Best Practices for Your Shop This Holiday Season, is an excellent one to bookmark for next year (set a reminder to come back again in early November) but there are a few things that can still help you make the most of this year.
How SEO Can Help Pawn Shops and Pawn Brokers
Whether you’re in the market to start or buy a pawn shop, or have owned one for years, the demands of your business will always revolve around the customers walking into your doors. Long have we been in the digital age, but figuring out how to position your business through online channels to attract that foot traffic remains a constant struggle for many business owners. There’s no such thing as a magic pill, but there are some methods you can take to give yourself the best performance possible! It all starts with finding your audiences, learning what they need, and then reverse engineering the competition.
Three Mistakes Every New Pawn Shop Owner Makes, And How to Avoid Them
When it comes to opening a pawn shop, there’s a lot to think about and many mistakes you can make. As there’s no formal degree you can get or official courses you can take to become a knowledgeable pawnbroker, there’s a lot of independent research to do and individual classes to take to feel prepared.
Starting a New Pawn Shop Business Doesn’t Have to Be Difficult
When it comes to starting a pawn shop, many people think it’s much more difficult than it needs to be. As long as you plan ahead of time and prepare adequately, it can be a smooth and relatively straightforward process. Software like PawnMaster also comes in handy to help you organize various daily processes.
Can I Buy and Sell Firearms as a Pawnbroker?
Pawnbrokers must follow strict regulations when it comes to buying and selling firearms. No matter your stance on firearms, it’s crucial that you follow all federal laws, such as holding an active Federal Firearms License from the ATF (Bureau of Alcohol, Tobacco, Firearms, and Explosives), or face the consequences. Keep reading to understand more about buying and selling firearms as a pawnbroker.
Can I Become a Pawnbroker if I Have a Criminal History or Record?
Although becoming a pawnbroker may be less challenging than many people would assume, there are certain obstacles you may encounter along the way. While you don’t need to complete a specific pawnbroking course, you do need to meet certain standards. For those with a criminal history or record, these standards may be much more difficult to meet.