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Tips For Bouncing Back: Not Failing When Your Business Does
"Entrepreneurs are expected to hit the shot out of the park each time, and if that doesn’t happen, it is likely you are heading toward tough times." Close to 80% of entrepreneurs stay above water their first year in business, and around 50% reach the five year mark....
Aurora, Illinois Approves Amended Pawnbroker Ordinance
"Under the amended ordinance, pawnbrokers and secondhand dealers who violate the city’s rules will now be subject to a tiered penalty system. For a first violation, dealers would pay a fine between $1,000 to $2,500; on second violation, a fine of between $2,000 and...
Competing with Analytics – Part I
Nicolas Copernicus was a mathematician and astronomer who just before his death in 1543 launched his theory that the Sun was at the center of the universe, rather than the Earth. At the time, scientific theory was regarded about two notches above magic and witchcraft....
How to Turn $40 Into $10 Million From Warren Buffett
"In Buffett's own words, 'if you're right about the business, you'll make a lot of money,' so don't bother about attempting to buy stocks based on how their stock charts have looked over the past 200 days. Instead always remember that 'it's far better to buy a...
8 Beneficial Twitter Tips Every Business Owner Should Know – & Use
Twitter is an extremely beneficial social media tool when it comes to growing your business and interacting with your audience. Like anything in life, it is only as powerful as you learn how to use it in order to get the full benefits. The author of the article...
IRS Wanting To Force Pawn Shop Owner To Give Up Silver Bars And $12,746, Cash
The Internal Revenue Service is wanting to force a business man, serving the remainder of a 72-month federal prison sentence, to forfeit 67 silver bars and thousands of dollars in cash found in his home in January. He received his sentence in July 2012 for conspiracy...
7 Small Business Tips For More Effective Hiring
According to Automated Data Processing, a payroll company, small businesses added 75,000 jobs in January 2014. "If things have been looking up at your organization, you may be eyeing a few new potential staff members as well. If you've been on the sidelines in the...
CFPB Begins Accepting Consumer Complaints on Prepaid Cards and Pawn and Title Loans
"WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is now accepting complaints from consumers encountering problems with prepaid cards, such as gift cards, benefit cards, and general purpose reloadable cards. Consumers can also now submit complaints...
4 Tips On Securing A Small Business Loan
Andrea Gellert went from corporate America, spending 15 years at American Express, to a start-up of 100 people at OnDeck - A technology company that lends to small businesses. "The company loans $5,000 to $250,000 with a term of three to 24 months to businesses that...
Arizona: Pawnbrokers Can Charge Higher Interest, Effective Today – Signed by Gov. Jan Brewer
As of today, pawnbrokers can charge 8 percent interest for the first two months and 6 percent a month beyond that. "The new law changes that to an initial rate of 13 percent, dropping to 11 percent after the second month. But the law requires a pawnbroker to waive any...
“Tremendous Leader”, Daniel Feehan, to Retire Next Year as CEO at Cash America
Wednesday was the day Feehan announced that he plans on retiring as president and chief executive officer, effective April 30th. He has "led Cash America as its top executive for more than a decade." Feehan joined Cash America in 1988 as an executive vice president,...
Men charged with Impersonating Officers for wearing ‘Chicago Police’ Vests in Pawnshop
The two men, pictured above, walked into a South Side Chicago pawnshop, wearing black mesh "Chicago Police" vests. A woman in the pawnshop felt suspicious of the mens' credibility and walked out of the shop to flag down a local officer. When the officer walked in to...
How Good is the Economic Recovery?
The front page of today’s Investors Business Daily newspaper has some interesting facts about our recovery which will have one ask “recovery? Really?”. The graphic display nicely spells out the nasty undercurrents. Real Median income (Purple line) is 3% LESS than it...
4 Tips On How To Engage Small Business Customers
This is such a great and well guided article. These 4 small business tips will truly make a difference in your customer engagement as well as the growth of your shop's customer base. " "Q: One trick I have learned that really helped our business is to create and use a...
Great Work Relationships – What’s Missing?
Honesty – Is such a lonely word. The information explosion on the internet has launched 10,000 experts writing on the complex relationship between employer and employee. Why is it so important to be a “good boss?” Because it costs too much to get it wrong. Even a...
BE ON THE LOOKOUT: Roseville, Minnesota Pawnshop Employee Shot During Robbery, Suspects Fled
ROSEVILLE, Minn. authorities are searching for two suspects who entered the Pawn America Monday night at around 6 pm with handguns. The men broke a jewelry counter and stole fine jewelry and watches and then proceeded to shoot the 27-year-old shop employee in the leg...
Cloning Gift Cards – How its done. Who pays?
This article originally aired in September 2010, but is worth taking another look at. Note: Gift card cloners will often use the cloned cards in stores, buying merchandise which they can later return for cash or resell. Article here
ATF: Stolen Guns One Of The Greatest Threats In Southern Mississippi
Due to the popularity of stolen weapons among criminals, Federal agents are considering stolen weapons to be one of the greatest threats for counties surrounding the coast. "Firearms often are stolen in burglaries of homes and vehicles. However, criminals have shown...