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How To Start And Operate A Pawnshop
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Starting a pawnshop is a wise business decision since there is already a huge demand. The collateral offered is also easier to liquidate and worth much more than the cash given.
Also, gold’s performance in the weeks since the pandemic has been anything but impressive. Prices were unstable but it climbed to their highest level since late 2012. Gold established at USD1,477.90 an ounce for the month of March 2020 and eventually moving up to its highest of USD1,754.50 on April 9, 2020. It is in such times of uncertainty that gold is touted as a “safe haven” for those looking for shelter from a more traditionally unstable investment.
Key Topics
Industry and Market ****ysis
Required Capitalization
Basic Business Permit and Licenses
BSP requirements
Industry Association
Location and Store Lay out
Forms and Equipment
Basic Pawnshop Operations
Gold Testing Kit
Gold and Other Acceptable Items Pricing
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