A pawnshop means a company that provides any person who has reached the age of majority with the opportunity to receive funds on the security of some valuable property. At the same time, the pawnshop gives a significantly understated amount of money for things, but immediately upon contact and completely legal.
To open a pawnshop does not require large investments. If you have the start-up capital, then you can immediately put the case on a grand scale and place bets on almost all expensive equipment. It is very profitable to put motorcycles and cars in the basis of business.
However, this will require a dedicated car park as well as technical staff.
First, you need to register a pawnshop as a lending institution and obtain a license. Consideration of an application and issuance of a license will cost a certain amount of money.
Rent a suitable space, and take up the lease before obtaining a license. Because, the license applicant must have premises, equipment, security system, inventory, etc., in accordance with the requirements of state standards. It is best to choose the most crowded location. But the dimensions and other parameters should directly depend on your specialization, for example, enough space is required to store various household appliances, and special care is needed to store expensive fur.
To be successful, you will need to study the preferences, conditions and interest rates of competitors, so that you can then select for yourself specific positions in the market.
For minimal risks, one should strictly adhere to the special registration of all transactions made, record the data of clients' passports. Make an agreement with local police officers for stolen items. This will help you stay out of trouble in the future.
Prepare workplaces, purchase all the necessary equipment: safe, computer, counters, office furniture and more.
Don't skimp on the security system. Remember that you are going to work with valuable things, jewelry and with a fairly large cash flow.
