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5 Helpful Hints for Pawnbrokers – Volume 2

5 Helpful Hints for Pawnbrokers – Volume 2

by PawnMaster | Jul 10, 2017 | BE ON THE LOOKOUT, Business, Business Success, Did You Know, Helpful Hints, Industry, Small Business

1. Manager’s circle. An imaginary circle, usually in front of the counter where the manager stands. This way he/she can greet each customer and then discover the true intent of their visit. The manager acts as a facilitator for transactions, comedian, entertainer,...
How These 8 Approaches Can Reduce Your Shipping Cost

How These 8 Approaches Can Reduce Your Shipping Cost

by PawnMaster | Jun 7, 2017 | BE ON THE LOOKOUT, Did You Know, In The News, News, Shipping Cost, Small Business

Like most entrepreneurs, I’m constantly looking for ways to make my companies run more profitably, and I try to leave no stone unturned. I discovered a few years ago that I hadn’t really paid much attention to shipping costs — both for goods I order in and for...
Opinion: 7 reasons gold prices will crash this summer

Opinion: 7 reasons gold prices will crash this summer

by PawnMaster | May 15, 2017 | BE ON THE LOOKOUT, Business, Gold & Jewelry, New to the Industry, News, Precious Metals, Small Business

Gold prices have been on a bit of a roller coaster since Election Day. After the presidential vote last November sparked a “risk-on” rally for U.S. stocks, gold tumbled from more than $1,300 an ounce to under $1,150 just before Christmas. That’s a more than 11%...
Man buys stolen bass guitar at pawn shop, returns it to owner

Man buys stolen bass guitar at pawn shop, returns it to owner

by PawnMaster | May 2, 2017 | BE ON THE LOOKOUT, Human Interest, In The News, Industry, Small Business

VIRGINIA BEACH, Va. (WVEC) — A local business owner returned a custom-made bass guitar to its owner after someone pawned it to him. Jim Kilby, owner of Redial, said a man tried to pawn the bass to him about a week ago. “Something just wasn’t adding...
Small Businesses Big Winners in Proposed Trump Tax Cuts

Small Businesses Big Winners in Proposed Trump Tax Cuts

by PawnMaster | Apr 28, 2017 | BE ON THE LOOKOUT, Business, Business News, In The News, Small Business, Tax Breaks

Historic tax cuts for American small businesses could be just around the corner. In an announcement at the White House today, Treasury Secretary Steve Mnuchin unveiled proposed sweeping reforms to the tax code for all U.S. businesses. At the same time, President...
Pawnbrokers Report Decrease in Retail Sales as Online Competition Grows and Buying Trends Shift

Pawnbrokers Report Decrease in Retail Sales as Online Competition Grows and Buying Trends Shift

by PawnMaster | Apr 14, 2017 | BE ON THE LOOKOUT, Business News, Did You Know, In The News, Industry, Retail, Small Business

The National Pawnbrokers Association (NPA) announced today the results of the NPA 2016 Trend Survey. The survey, which was conducted in early 2017, focuses on industry trends as reported by pawnbroker members of the NPA for the 2016 calendar year. One notable survey...
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