by PawnMaster | Jul 9, 2018 | Data Age, Innovation
Data Age Business Systems has reached an exciting milestone as the company celebrates 30 years of delivering innovative business management and point-of-sale software solutions to pawn shops, jewelry stores, gold, coin and second-hand dealers, and cell phone repair...
by PawnMaster | Jul 5, 2018 | Beyond the Shop, Business Habits
Once we have decided if it’s a buy or sell then we check the customer history in our store. Have they picked up their items, because this might give us an opportunity to upsell that loan and add 10, 20, 30 percent to the value of the loan. Remember the bigger the loan...
by PawnMaster | Jun 29, 2018 | Business Insurance, Insurance, Insurance your Small Business Need
As you might already know, there are several risks inherent in starting and running a small business. When you are building your enterprise, it’s easy to get lost in the “fun” activities. Selling, marketing, and hiring a team are some of the activities that...
by PawnMaster | Jun 28, 2018 | Beyond the Shop, Qualify Your Loan
Let’s talk about somethings you can do to make more money. First-things-first, you need to qualify the load. When a customer brings in merchandise, one of two things is going to happen, its going to be a load or you’re going to buy it. What I want to hear from my...
by PawnMaster | Jun 27, 2018 | Best Practices for Forfeiting Items, Forfeiting Items
My recommendation for pulling forfeits is, “be consistent”. I feel that this task should be done daily even if you only have one or two items on the forfeit list. One reason for this is if it’s done frequently, it’s a small task. But if allowed to build...