We are proud to offer a wide-range of services aimed at helping you improve each and every aspect of your pawnshop operations. There are plenty of opportunities and challenges involved with being in the pawn industry, and we would love the chance to help you navigate your way to a successful and long-lasting business.
Following is a list of some of the many services that we have to offer. Feel free to contact us to learn more!
General Consulting Service
Scott Herman and the team at HSR Liberty will review the overall operations of your pawnshop business to enable you to spot opportunities and protect yourself from potential threats. Using our experience, we will review the day-to-day operations as they currently are and offer practical advice for how they can be improved. This advice will not only be based on increasing profitability, but also on minimizing workload and ensuring that the business is running as smoothly as possible.
Analyzing Your Physical Location
As you already know, the physical location and condition of your store have a lot to do with the performance of the business. Even small improvements to things like parking and the exterior image of the building can go a long way toward raising the level of the entire pawnshop. When your customers feel invited and welcomed to your store, there is a far greater chance that they will want to stop by.
Working with Employees
One of the most-valuable services that we can offer is the ability to work with your employees. Training them in the basics of the pawnshop business, and motivating them to work hard and reach for goals, is something that can have a profound effect on the success of your business. Any business is only as good as the people within it, and that runs from the ownership all the way down to the most-recent employee that you have hired. Giving your people the tools and inspiration to do good work has the potential to transform your shop.
Effective Marketing Techniques
When done right, marketing your pawnshop can bring in a tremendous amount of new business. When done wrong, it will be largely ignored and will cost you time and money. Work with HSR Liberty to craft a successful marketing strategy that will bring people through the door while getting the most ‘bang for your buck’. Very few businesses can survive without ongoing marketing efforts, so fine-tuning your approach to this crucial area of your operations is key to longevity.
Security Consultation
Loss prevention is important for any business. As a pawnshop owner, you need to be aware of the possibility of theft from both inside and outside of the business. Minimizing loss due to theft is a step that should be taken to protect the investments you have made in your inventory. Thanks to our many years of experience in the pawn industry, we have plenty of ideas to present to you regarding methods for safeguarding against theft.
Mastering Your Sales Approach
You don’t want your inventory to sit on your shelves and be admired – you want it to be purchased so it can be replaced. With that in mind, learning the key sales techniques that can drive pawnshop business is a great step to take in the development of your shop. We will be happy to help you develop your skills in such areas as properly pricing goods, minimizing returns, and more.