How Do You Operate A Pawn Shop?
Opening and operating a pawn shop can transform your dream of being your own boss into a reality. Pawn shops generally thrive in the poorest of economic conditions, providing customers with the opportunity to make needed cash in the form of a loan with their items used as collateral. Running this type of business can be profitable and provide a needed service for the community. It can be a complicated venture, however, so you need to learn the ropes before plunging in. Establish a location for your business. You might be taking over an established pawn shop site or starting from scratch. Either way, make sure you will be operating the establishment from an area zoned for such businesses. Research local and state laws regarding owning and operating a pawn shop. You will likely need to visit your county’s courthouse for information. Find out what permits and forms are required. Discuss your business venture with the local sheriff, if possible. Law officers often work in tandem with pawn
