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These 7 Tips will Change the Way You Approach Hiring
Hiring staff can be a resource-draining process for any business, but it can be especially difficult for small businesses with limited means. For a small business, each new staff member can impact the company much more than a new staff member at a larger company with...
Wait before You Say, “Oh that…. Yeah We Throw that Away!”
"Oh that .... yeah we throw that away." "The vacuum bags - yeah we usually just toss them." "No we don’t really keep that stuff." I used to hear these phrases a lot when I first got into the industry 18 years ago.
2018 Florida Guns Law and Your PawnMaster Software
For our valued customers in Florida who sell and pawn firearms, the following system settings changes can be made to help you remain compliant with Bill 7026, which Governor Rick Scott signed into law March 9th 2018. All FFLs should become familiar with the full 105...
Beyond the Shop: Know Your Customers
What I would tell you and something that most people do but, maybe not to the extent that they should is, really get to know your customers on a personal level. I had a store in Austin, Texas on Airport Boulevard, I had a manager, Alex Cancun who basically knew...
How much are you really paying for your eCommerce software?
While selling your inventory online is becoming a necessity, we want to bring awareness around the cost of doing so and help you gain an understanding of what certain convenience fees are for. Let’s start with the cost for using the software. With PawnMaster, there...
8 types of negative reviews Google will remove
Is someone getting back at your company by leaving negative reviews? Contributor Joy Hawkins shares types of reviews Google tends to remove and how to make them disappear.
U.S. Gold Refinery Pleads Guilty to Anti-Money Laundering Charge
U.S. Gold refinery Elemetal LLC, based in Dallas, Texas, doing business as “Elemetal” and “NTR Metals”, pled guilty today to a single-count information charging Elemetal with failure to maintain an adequate anti-money laundering program, in violation of the Bank...
Beyond the Shop: Keep Your Store Clean and Organized
Number one, keep your sales floor and your store clean. I have a great story for this, back in 1994 at EZPawn we were looking to acquire stores in Alabama. So, the very first day my boss and I go into a store in Birmingham and it is a dump. How they had a hundred...
Are You Undervaluing these Coins?
Anyone that owns or manages a pawnshop deals regularly in precious metal bullion products. Whether it’s one ounce of gold or one ounce of silver these items are easy to value, easy to buy and easy to liquidate when it comes time but are you really getting as much for...
Fraudulent Bullion Becoming More Sophisticated and Harder to Identify
Several years ago I wrote an article for PawnLink.org that highlighted the growing frequency our pawnbroker customers were being exposed to and taken advantage of with fake bullion and replica coins. Many of these defrauded, poured, and extruded Precious Metal...
How Does Local Search Work?
How does local search work? If you’re a small business owner, you probably wish you knew. All that time you’re putting into your product or services, your customer experience, your social media marketing and all the other things you do on a daily business to give...
How to Sell Guns Online for Your Pawn Shop
These types of websites are particularly important because some of the major e-commerce channels like Amazon and eBay do not allow you to list guns. Craigslist also prohibits listing firearms. You’ll find some listed anyway, simply because the website has difficulty...
The Next 10 Websites You Should Visit for Success as a Business Leader
Having a mind open to learning new things and being flexible are two hallmarks of a strong and successful business leader. As a businessperson, whether you are running a corporation or are just flying solo, you will have to learn how to lead your company while...
The wealthy are using pawn shops to finance their business ideas
Wealthy people looking to fund new ventures are turning to their Rolexes and art collections as collateral for quick and easy loans from high-end pawn shops. Business owners say the trend points less to financial distress and more to customers eager to seize...
Payoff Debt Vs. Invest In Your Business: This Article will Help You Decide What’s Best
Debt can be a huge liability for most people but for business owners, it can be even more damaging. Entrepreneurs tend to have a fluctuating income and must meet the challenge of budgeting for fixed expenses with it. Add on the fact that it’s wise to invest in your...
Having A Clean Business Can Improve Your Sales
If you have ever watched one of those cleaning shows like ”How Clean is your House” or ”Extreme Hoarders,” then you know how easy it is to accumulate dirt and grime in a room. While this doesn’t sound like a problem that could affect a business, you’d be surprised at...
How drug lords make billions smuggling gold to Miami for your jewelry and phones
When Juan Granda ventured into Peru’s Amazon rainforest to score another illicit load of gold, he boasted that he felt like legendary Colombian drug lord Pablo Escobar. “I’m like Pablo coming ... to get the coke,” he told two co-workers in a text message in...
5 Things NOT to Do With Your Generational Marketing
Are you in tune with what different generations of shoppers want? Probably not: A recent survey reports marketers are often off base about what matters most to different generations. A Blueprint for Using Audience Insights in Marketing Strategies surveyed both...