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Home   About   Membership   Resources   Government Affairs   Meetings & Events Dec. 12, 2012

Pawnshop sees holiday business boom, suggests weak economy a factor
WHNT-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Busters Pawn Shop in Huntsville, Ala., shows its holiday spirit. Their store sees extra business in the season. But they don't have any illusion that festive feelings alone keep the bell on their door ringing. Manager Mark Vess explains, "[It's] the economy. people are just having a rough time. More people out of jobs." Some buy their gifts here, but most come looking for extra cash to keep Christmas merry. More

Virginia Pawnshop tests software
Martinsville Bulletin    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Hope Thompson, owner and operator of Wanted or Not Swap & Pawn in Martinsville, Va., has no complaints so far about software that was installed at her business in connection with a proposed county ordinance. "It is not as intrusive as I anticipated it being," Thompson said of LeadsOnline Image Capture, software that allows images to be uploaded to LeadsOnline's database. More

Federal gun checks surge as violent crime ebbs
USA Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The number of federally required background checks of prospective gun purchasers has nearly doubled in the past decade — a time when violent crime has been in long decline in many places across the USA, according to FBI records. The bureau's National Instant Check System (NICS) does not track actual firearms sales — multiple guns can be included in one purchase. But the steady rise in background checks — from 8.5 million in 2002 to 16.8 million in 2012 — tracks other indicators that signal escalating gun sales. More

Connecticut pawnshop owner called 'angel in disguise'
WTNH-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
What started out as a New London, Conn., pawnshop owner deciding to donate a few wheelchairs a few years ago has turned into a community effort to help those most in need. Now one man will have a Merry Christmas and an easier life because of this growing generosity. More

5 mentors every entrepreneur should have
Entrepreneur    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Entrepreneur. It's a tough word — both to spell and to call yourself. Being an entrepreneur brings with it a love of leaping head first into the unknown. Life-long entrepreneurs love new challenges, and live their lives in a constant growth phase. One of the common resources an entrepreneur turns to is a mentor. Asking for advice and bouncing ideas off of others is essential to the success of an entrepreneur's journey. More

Pawnshops in China reemerge with friendlier look
China Daily    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The traditional image of a pawnshop is dark and desperate. Typically in China, as elsewhere, they were a place where the poor went to put food on the table and entering one came with a large slice of social stigma attached. That may have been true of traditional Chinese pawnshops, which disappeared nearly half a century ago, but the new model is quite different. More

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Inventory, online tracking help police find stolen items
The Associated Press via WLFI-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Indiana state law requires pawnshops to record certain information about items they buy and from whom they buy. Many shops share the information with LeadsOnline, which can be used by law enforcement to find stolen items. Some pawn shops offer the information directly with police voluntarily. "If their database finds it in a pawnshop or anywhere, we can find it," said Officer Joel Sandefur. The way pawnshops record information varies. More

EZcorp buys stake in Mexican reseller
Austin Business Journal (subsciption required)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
EZcorp Inc. has bought a majority stake in a Mexican company and agreed to acquire the assets of the online lending business of a Delaware company. Austin, Texas-based EZcorp bought a 51 percent interest in Renueva Commercial S.A.P.I. de C.V., a Mexico City company that does business as TUYO. More

10 phrases that can resolve any conflict
American Express OPEN Forum    Share    Share on FacebookTwitterShare on LinkedinE-mail article
One of the biggest mistakes small-business owners make is trying to avoid conflict. This is problematic because in any capitalistic economy, conflict is not only an inevitable but a necessary part of all business. Through the process of "productive conflict," companies can grow and become more profitable. The key is to be able to resolve them effectively. More

Man arrested after pawnshop employee attacked with knife in Texas
KWTX-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A Gatesville, Texas, man was in the Coryell County Jail charged in connection with an assault on a pawnshop employee with a knife. Authorities said when the pawnshop clerk explained that the store had put a hold on the items the customer became angry, grabbed a large folding knife and reached across the counter to threaten the employee. More

Research: How video games make people 'smarter, better, faster'
Business Insider    Share    Share on FacebookTwitterShare on LinkedinE-mail article
University of Geneva Professor and cognitive neuroscientist Dr. Daphne Bavelier gave a fascinating TED talk this summer in Lausanne on her research on brain science and video games. People automatically assume that video games, particularly action-filled shooting games, have a negative effect on the mind. Bavelier's lab actually puts those assumptions to the test. She found that those who play action games (in moderation!) react faster and can focus better. The research has fascinating implications for how we can improve and train our brains, learn, and rehabilitate people. More

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