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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...
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...
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...
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...
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,...
Can I Become a Pawnbroker if I Have a Criminal History or Record?
Can I Become a Pawnbroker if I was caught trying to sell counterfeit money ? 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...
Do I Need Special Training to Become a Pawnbroker?
In some ways, being a pawnbroker isn’t as complicated as you may expect. However, you might start to realize that there is a lot of knowledge about products that you need to know about. The primary skill a pawnbroker needs to possess is the ability to evaluate a wide...
How Much Money is Required to Get Started as a Pawnbroker?
If you’re thinking about starting a pawnshop and becoming a licensed pawnbroker, then you’re probably aware of the many laws and regulations you’ll have to comply with before you can even open your shop. One of the requirements for getting started as a pawnbroker,...
Will I Need a License to Become a Pawnbroker?
There are a few essential things to understand about the pawnbroker industry. Like every type of business, there are legal requirements and limits that you need to be aware of. In fact, the pawn business is a heavily regulated business model for most states, making...
Things I Wish I Knew As A Young Pawnbroker
When I began my career as a young(er) broker, I quickly discovered how much I didn’t know.
Using Text Messaging for the Holiday Season
Simply put, text messaging is the easiest, least expensive, and most effective way to advertise in today’s society. There is no other form of advertising that can guarantee a 99% read rate, let alone have it happen within a matter of minutes.
Cofounder Tom Streng Resumes As CEO of Data Age Business Systems
Data Age Business Systems, developer of the industry’s leading pawn management software PawnMaster, is formally announcing that Len Summa is no longer CEO of Data Age Business Systems and is no longer affiliated with Data Age Business Systems/PawnMaster in any...
Marketing for the Holiday Season
It’s getting cold out, families are gathering, and business is booming. Sounds like someone did a great job marketing their store during the summer. In order to win at the end of the year, business owners should start making moves during the dog days of summer. Here...
How I Ran My Shop As A Former Pawnbroker
It’s the last two months of the year. You have prepared by building your inventory, advertising your store, and you are ready to make the lion’s share of this year's money. Is it time to sit back and relax? Certainly not, but it is also not the time to panic and let...
Tips From One Entrepreneur To Another
Every dog owner has been through the same struggle: you scrub and scrub only for an hour later to smell the stench of wet dog and every piece of furniture they touch. I know this struggle all too well. It all started as a 3rd-grade school science project where I had...
Your One-Stop Shop
Time is money. I'm sure you have all heard that, and it remind me of a lesson that I learned early in my career.
My Week At Data Age
For the past three weeks, I have been interning at Data Age and wanted to share what my experience has been like. My role has been quite unique in the office in that I have been shadowing different departments every week within Data Age during the morning, then having...
Seven Habits of Successful PawnBrokers
Success doesn't come easy for anyone, and especially not for a pawnbroker. There are several challenges pawnbrokers face on the road to success. The most valuable lesson to learn is building strong habits. Here are seven habits of highly successful pawnbrokers.
Industry Resources
Looking for industry news, information, and events? Check out the links below for some of the most prominent resource providers in the Pawn world.
Are you interested in PawnMaster software for your shop?
PawnMaster Nation is open to all pawnbrokers, whether PawnMaster customers or not. If you’re curious about what makes PawnMaster the most trusted pawn shop software in the industry, we would be happy to show you! If you have some questions or just want to talk, please call us at 888.949.7296, but if you really want to see the software that more than 3,000 pawnbrokers like you use every day to optimize their revenue, click the link below and request a free demo.