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Bad Business Habits are Your Worst Enemies, Here are 8 You Must Eliminate!
I’m not really one for all the “New Year, New You” hype, but I am a fan of making resolutions that make sense. One thing I’ve learned from writing for and speaking to entrepreneurs is that we’re all hungry for new ways to improve our companies and our efficiency. But...
Popular Jewelry Styles for 2018
Shopping for a birthday, anniversary or special occasion in 2018? GIA experts searched high and low for what’s trending and found these popular jewelry styles: big hoop earrings, big cuffs, quirky cameos and more. Take a look before you shop.
Jewelry Display
What is typically the biggest asset in your store? Outside of your loans, it’s your jewelry inventory – yet very little money, time and effort is typically allocated for displaying your jewelry in the most effective manner. You’ve stocked your pawn shop with unique...
A Little Help from the Coin Guy
Train your staff! A little help from the coin guy today. Sadly I do see some pawnbrokers who have paid decent money for this stuff which is usually not worth anything over it's face value.
How to Make a Great First Impression in 30 Seconds or Less
If you think you have at least a couple of minutes to make a first impression, you are wrong! According to the On Stride Financial infographic below, you only have at most 100 milliseconds to form an initial impression. What this really means to small business owners...
10 Marketing Tips and Tricks to Bring Your Business Up to Speed
Consider the Best Strategies for Instagram Growth If you’re looking to use Instagram as a marketing platform for your business, you need a strategy. There are plenty of different ways you can go about growing your Instagram presence. And Lilach Bullock discusses some...
Get Started on Your Business Plan for 2018
1. E-Commerce. My kids have coined the phrase, “If you’re not online, you’ve flatlined.” to describe how their lives are so interwoven with the Internet and social media. This also describes any pawn shop not utilizing various sales platforms (eBay, Amazon,...
AWS named as a leader in the 2017 Public Cloud Storage Services Magic Quadrant report*
If you are evaluating cloud providers for an upcoming project, Gartner's report can help you develop provider storage requirements and select the company that is best able to deliver upon them.
Apply These 4 Secret Hacks to Increase Your Facebook Reach
Facebook plays a vital role in the success of most businesses. It serves as a way to connect with customers, share information about business activities and reach out to potential clients. But changes to Facebook’s algorithm have made organic reach harder, as Mark...
6 Problems Bad Management Can Cause
Making Employees Fearful When staff fears management, it makes them unhappy about coming to work. Studies show that happy workers are more productive workers. It also makes them feel like they can't approach their managers about an issue. This can be dangerous for a...
Top 12 PawnMaster Blogs of 2017
We would like to extend an extra special thank you to our partners and customers who have contributed to our blog this year to help us put out valuable information.
Why Pawnbrokers Should Use Social Media to Sell Inventory
Who can remember keeping the ads in the Sunday paper and using these to value items coming in the door, especially as a price guide for inventory coming out for sale? Ahh, talk about the good ol’ days! Customers would come in and see a TV that looked to be a good...
When to go Mobile?
There is an app for this, there is an app for that, there is an app for just about anything you can think of. So what happens when the demand for something moves so quickly the supply can’t keep up? No matter what the product is, this will be a problem. In retail, it...
Using Wonderlic Scores to Assess Job Candidates for Your Small Business
The Wonderlic Score is well known as the tool many NFL teams turn to when they’re making their yearly college draft decisions. Small Businesses Trends spoke with Wonderlic CEO, Charles Wonderlic about how their SaaS pre-employment testing program, Wonscore, works and...
Apply These 5 Tecniques to Reverse Poor Productivity Over the Holidays
The holiday season can be a distracting and unproductive time for small businesses. So much so in fact, that a whopping two thirds of workers admit to being less productive during December. Naturally, it’s within every small businesses’ interest to stay productive...
What Are Facebook Messenger Ads and How Can Your Business Use Them?
Even with all our technology, we still prefer solutions that have a human touch. That’s why we use Siri on iPhone, voice assistants like Alexa or Google Home, and chatbots. We like to feel like we are interacting with someone real. In turn, this sentiment has started...
Fluff or Substance; Which One Do You Want from Your Vendor?
When it comes down to your business, the answer to this question should be crystal clear. You rely on your vendor to help you operate your business on a day-to-day basis, during business hours and beyond. There should is no room for fluff when it comes to your...
Pay ’em and Play ’em
As I travel across this country touring pawnshops from coast to coast, the most common challenge facing owners is rising inventory levels. Their monthly sales are simply not keeping up with the amount of “pulls”, also known as inventory added through forfeited loans...