by PawnMaster | Sep 30, 2020 | Best Practices, Business, business model, Pawn Shop, strategy
I’ve been asked many times, “Why do you carry all this stuff in your store”? I know they’re referring to what many would call “junk”—collectibles, clothing, kids’ toys, etc. I always answer the same way, “Because it makes me money and brings in a larger...
by PawnMaster | Jan 28, 2019 | Business, Business Development
Not every step you take to move your business forward will be a big one. But sometimes, even small steps can make a large impact on your future. Here are some recent tips and insights from members of the online small business community about big and small steps you...
by PawnMaster | May 11, 2018 | Business, Business Success, Marketing
Do you know the 80/20 rule of retailing? According to BRP Consulting, 80% of a retailer’s sales typically come from 20% of its customers. The key to growing your business is to identify that 20% and get them to buy more from your store.
by PawnMaster | May 1, 2018 | Business, Business News, Business Success
Small business owners operate under a great number of daily challenges to keep their dream alive, and the effect of these challenges can manifest themselves in numerous ways. The new report from Square reveals 49 percent of the respondents in its survey are not able...
by PawnMaster | Mar 7, 2018 | Business, business leader, Business Success
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...
by PawnMaster | Mar 5, 2018 | Business, Business Success, Finance
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...
