The changes you make or don’t make along with your execution and productivity of your team will dictate your success in the future of this industry. The reality is that the average pawnshop today is leaving tens of thousands of dollars on the table per location and we can prove it. At Devoted Pawn Consulting, we believe that this does [...]
As the year draws to a close and we continue to fight for the pawnbrokers and what they need to thrive, we have created a program that is perfect for those who need to gain an edge, those who have lost ground, and those who want to excel to the next level. You will love [...]
To say that 2020, 2021, and even 2022 have been different for pawnshops would be an understatement! As pawnbrokers you had to change and adapt to survive and we made those changes with you. We will always continue to support pawnbrokers and meet them where they are at with their needs to improve and [...]
I Need to Think About that Rolex! “I need to think about where I can get the money to afford that loan amount for you sir”. No pawnbroker would every say that to a customer (we hope) and yet everyday they tell us “I need to think about it for a while” or “we are [...]
If you are like the dozens of owners who call us each and every week, you have plenty of things to stress about right now in your business. The least of which is not federally regulated maximum interest rates per state or that cover all states. This was a massive fear years ago with the [...]
The reality of today is that thousands of pawnshops wish they could have a do over from 2020 and how they approached the year, the loan balance loss and more. In addition, many of you are still wishing you had done things differently in other years past. The good news is that it is never [...]
For the past three weeks, Devoted Pawn Consulting has been racking up the frequent traveler miles. In addition to what we think is the best pawnshop consulting in the world, our clients all shared one similar though process. they all made similar statements like "We wished we didn't wait so long to bring you in". [...]
The best part about what we do is that we help people succeed. The worst part is getting that phone call that says, “I am done and need to close my shops”, or “I do not know how we are going to make payroll next week”. Sadly, we get calls like this every single month. [...]
If you want your pawn business to survive and thrive in this new world of 2020, you need to Pawn with a Purpose. The world has changed for pawnbrokers today without question. Our normal customer base has not needed loans and with another stimulus check coming, that is certain to continue. We cannot continue to [...]
We are often told by folks that are interested in our services, "we have already had a financial and key metric review by your competitor and we do not need another one". We realize that we need to do a much better job of explaining who we are, what we do and just exactly how [...]
