• 4 Ways Hiring a Pawnshop Business Coach Can Boost Your Profits

    Are you ready to boost your business along with your bottom line this year? A pawnshop business coach can help.

    We’ve all heard of athletic coaches, and life coaches, and career coaches, but what about a pawnshop business coach? If you haven’t heard of a pawnshop consultant, you aren’t taking advantage of all they can offer. If you’re ready to bust out of your old business model, increase your profits, and grow your business, contacting a pawnshop business coach should be at the top of your priority list. Take a look at four ways it can change your business and boost your profits:

    #1:  Updating Your Operations

    You don’t want to be one of the unfortunate pawn businesses to close its doors due to declining sales and lagging loans. One way to stay in the game is with updated operations. Many pawnbrokers still live in the past with outdated technology and antiquated business models. Our team can help bring you into the 21st century.

    We’ll start by upgrading your technology to meet the needs of a growing business. Then, we can help you update your marketing strategy to include social media and online campaigns as well as update your website to increase traffic and boost brand awareness. Sound complicated? You don’t have to worry – we have the experience to make sure it gets done right, without you having to go back to business school.

    #2: Putting the Right People in Place

    Are you still relying on friends and relatives to run your shop? We understand family loyalty, but we want your business to profit and grow. Getting the right people in the right jobs can make all the difference when it comes to your success. That’s where the right recruitment techniques come into play.

    Using the professional recruitment team at Pawn Shop Consulting Group, you can be sure you hire the staff that can support your vision. Understanding the ins and outs of the pawn industry is critical to the success of your shop, but you can’t do it alone. We can help you find customer-oriented, experienced, knowledgeable lenders and sales staff to build the team that’s going to lead to success.

    #3: Networking and Building Connections

    Do you get together with other pawnshop owners to share best practices? Do you network to build relationships within the industry? If not, you should be. Networking is crucial in any industry, and the pawn business is no exception. Local networking is great, but you should also include trade shows and symposiums into your suite of building support for your business. You’ll learn trade practices, hear about future trends, and learn from leaders in the industry. It can help you become a better business owner, which will help your business become more successful. Our consulting group organizes events throughout the year that can truly change the way you do business.

    #4: Hire a Consultant

    A pawnshop business coach can take your pawn business to the next level, and beyond. From operational changes to hiring, technology updates to social media integration, marketing strategies to networking, we have the people and the tools to get you on the right path. Our goal is to see your business succeed.

    At Pawnshop Consulting Group, our team of experts specializes in the pawn business. We have helped brokers all over the WORLD move from just getting by to profitability and growth. We want to create a customized program to fit your needs so you can offer a broader range of products, services, and programs to serve your current customers while bringing in a whole new demographic.

    Let our team help you succeed by enhancing your business to meet the expectations of the new global marketplace. We have already done all the work, we’re experts at what we do, and we can help your business thrive. Contact us today to find out more about what our pawnshop business coaches can do for you.

     

     

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