more of what the Pawn Shop taught me.....

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Another week in the books and some victories some setbacks....here is what got done.

• video systems is in ...only a few minor changes to be made move and refocus some cameras but some interesting video already.  Thanks to the guys at Privacy Electronics for a smooth installation.  I have eight motion sensitive cameras and 60 day DVR.  I attached an example of the video quality.  Very cool tech I can log in on the internet and not only see but hear what is going on in the shop.
• New guy (Dean) has a few weeks on him now.  Shows up on time and seems interested in his job.
• Eric, manager/brother-in-law is working out well, bery honest and seems to enjoy the job more than I thought he would.  For a guy who couldn't get a job teaching history to end up as a pawnbroker is a stretch but it seems to work for him, we will see.
  
• we are averaging 15-25 walk-ins a day even though we have very little merchandise to see   but we have a metric butt load coming out in the next two weeks.
• We bought out a tool shop going out of business around the corner and got some cool stuff, shelves, tools, storage stuff for $200.
• about 3k of stuff off the street, only about 1K in pawns :< but more each day.
• we have 16 oz in gold now about 30 days away from scrapping should have 30 oz in first run.
• Sold our first gun, Walther PK380, to a local employee of another gun store :>
• got some cool stuff in, ATV, Jetski, goped, bose 321, nice audio stuff, xbox360, 200 dvds, 140 video cassettes....you get the idea
  

here is what didn't get done

• still need more signage
• have appt Tuesday with flyer distribution guy as the newspaper ad was almost a complete flop.  If we didn't have one 100gr buy from it I would call it a total loss.
• Our standard operating procedures to get merchandise out and on craigslist, ebay and in the local classifieds sucks...really bad.  That I will fix this week.
• The website is still 3rd gradish but I'm just one man.
• Delivery van still needs to be wrapped.  That is a surprisingly expensive prospect $1700

The plan to get people in the store selling to us was easy and as expected worked well.  Now the hard part to switch to getting people in to just sell gold and get loans hopefully the flyers will help with that.  The signs should also.  Met some really cool people including a pawnbroker 8 miles away next to where my dodge is being rebuilt.  He was kind enough to sell me some needed stuff for my shelves, nice guy, Clint from Pawn Depot in Largo I salute you.  I might have some time to update you more frequently next week never know what will happen.

Tim

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