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 [...]
In the pawn business today, we hear lots of discussion about cash flow instead of profitability and if you are not careful, you can cash flow yourself right out of business. The reason we can make this bold statement is that we have seen it happens hundreds of times over the years. So, what is [...]
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 [...]
All We Want For The Holiday Season is..... ......Is that our clients to see increases in retails sales upwards of 30%, increases of gross profit on those sales of around 10%, increases of service and interest charges of 20-30% and even your pawn balance can see growth of 20-30% in retail sales seasons. These are [...]
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. [...]
It always amazes us with as many pawn conventions we have attended, exhibited and presented at and with the hundreds of clients that we have served in this industry when we get asked “who are you guys", "who is Vernon Stading", or "what experience do you really have in this industry”. Vernon's personal favorite questions [...]
Everyone can admit that the pawn industry has changed. But have you changed what is expected from your pawn consultant? At Devoted Pawn Consulting, Vernon and his team have been working hard and paving the way for change in this profession because it is much needed. It has not been easy because change is hard, [...]
Trust Can Be Broken Easily Trust is one of the hardest things to come by and sadly far too often it is the one thing that gets broken easily in business. But when that trust is shattered by key people in your business or organization, the loss of trust hits home on a much more [...]
How well do you know our group of pawnshop consultants? Devoted Pawn Consulting is the definition of integrity in a profession that is often known for making business owners dependent on them for their success . External business consulting, coaching and support is a billion-dollar industry in America and sadly many consultants and business coaches [...]
Don't Risk Your Livelihood! Your business is leaving tens of thousands of dollars or more on the table and we can prove it with a free 20 minute consultation! If you don’t address this, you are gambling with your business, your source of income and the stability in your life. We are the only folks in this industry that can [...]
