Pawnshop Franchising!! No Royalty and Franchising Fee!!!

Hi there interested Entrepreneurs and pawnshop Franchisees,

SMDC PAWNSHOP & JEWELRY COMPANYis a prominent six (7) year pawnshop and jewelry company providing an additional source of credit to the common people and small borrowers left unserved by the banking sector and other financial institutions. 

Pawnshop complements the formal banking system by providing the much needed cash albeit in smaller amounts right on time without delays cause by tedious processing before availing the much needed loan.


The continued patronage by our clientele proves pawnshop is the most accessible financial support system available in most communities. It became a redeeming factor to the citizens in the area without prejudice on income status and credit history which the ordinary people cannot avail in most of the banks and other financial institution.

The percentage of good performing loan for our pawnshop is 85% and the remaining 15% of the loan portfolio (bad performing loan) are subject to be auctioned with a mark up of 50% from the loan amount.  Loans are issued at a rate of about one third (1/3) or (33%) to one half (1/2) or (50%) of the price the pawnbroker/appraiser can expect to receive for the sale of a good/item during the worst of times (auction sale). The income potential of a pawnshop business is really a remarkable one compared to other start up business. It earns a 60% Interest per annum in all each loan transaction and allocated half of its income to operating cost and expenses.

 We note the expansion of both local and multi-national pawnshop companies in town and cities, adjacent to each other. Given this favorable condition, the pawnshop business will grow and will never be stop even in the midst of cut-throat competition and uncertainty of the nation’s political climate. 

IN THIS REGARD, our 7 year successful Pawnshop company offers Pawnshop Franchising with No Franchising Fee, No royalty Fee for start up pawnshop owners.

 Just find a good strategic location with high foot taffic of people or near school area for proper market positioning. 

For interested applicants, please send me SMS/TXT or email me at the following contact person and his mobile phone numbers for inquries;

DAN CLARITO II

OWNER/MANAGER

SMDC PAWNSHOP & JEWELRY COMPANY

S.E.C Registration No.E200200333   B.S.P. Reg.No. PS-02-184 July 12, 2002     

D.T.I  Cert. No. 2002-00343

Contact Numbers:   0927-4593013 /  0920-4461158

Email Address: smdcpawnshop@yahoo.com

 


P.S. I also gave the following workshop and training in a private tutorial format.

SMDC PAWNSHOP & JEWELRY COMPANY

TRAINING MODULES FOR PAWNSHOP OPERATION

(PRIVATE TUTORIAL ONLY)

MODULE  1  BASIC TRAINING ON GOLD JEWELRY  APPRAISAL

     Topics Included:

   GOLD - History, Value, Appreciation in the world market and  

Understanding Jewelry and Gold as Precious Metal

Formulation of Gold Color and Alloy Mixture in Jewelry Composition

Computation of Buying and Selling of Gold –BANGKO SENTRAL NG PILIPINAS

GOLD PRICE CONVERSION ( from Troy Ounce to Grams) AND PAWN VALUE DETERMINATION

      ACTUAL /HANDS ON GOLD TESTING with Different PURITIES OF GOLD

      TOUCH STONE METHOD

      COMMERCIAL APPRAISAL OF JEWELRIES

      Basic Appraisal Technique on determining 24K, 22K, 21 & 20K, 18K, 14K, 12K,10K,8K using JEWELRY APPRAISAL TOOLS ( Electronic/Digital  Weighing Scale - 100-120 grams, Diamond Tester and Selector and Gold Pattern) plus Appraisal Ingredients needed such as Nitric Acid, Cigarette Ash, Black Stone, Value Chart, Tissue Paper etc.

MODULE  2  BASIC APPRAISAL TRAINING  ON ELECTRONIC GADGET / DEVICE/S

        (Mobile Phone/Cellphone/Digital Camera/Laptop/Desktop computer CPU and Other   

         Gadgets  

        MOBILE PHONES

       EXAMINING CASING AND BACK HOUSING FOR DEFECTS AND FLAWS

       DETECTING REPAIRED AND DEFECTIVE UNIT’S MOTHER BOARD

      CHECKING RECONDITIONED & LOW QUALITY UNITS

      TESTING TERMINAL LINE SHORTAGE

      TESTING EMERGENCY CALL

      INSPECTING INSERT SIM CARD OR LOOSE SIM PACK

EXAMINING LCD DISPLAYS & DEFECTS

     CHECKING PHONE SECURITY/ PIN CODE REQUIREMENT OFF

     VERIFYING OPEN LINE UNITS

     CHECKING NETWORK SELECTION / SIGNAL PICK UP

     VERIFYING MISCALLS & EAR PIECE CONNECTION

     CONFIRMING INCOMING AND OUTGOING CALLS

    TESTING MOUTH PIECE SENSITIVITY & 100% FUNCTION

    CHECKING THE TONE MENU & VIBRATING ALERT

    ASSESSING KEYPAD CONNECTION

    TESTING SMS/TEXT MENU AND SENDING INTEGRATED CIRCUIT

     CONFIRMING BATTERY CHARGING

     DIGITAL CAMERA

     CHECKING BRAND AND MODEL

     CONFIRMING MARKET PRICE

     CHARGING BATTERY

     TAKING PICTURES/SAVING IMAGE/S

     INSTALLATION OF CD/DRIVERS from Personal Computer to Digital Camera Menu

     LAPTOP/DESKTOP COMPUTER

     CHECKING MOTHER BOARD

     PLUGGING POWER SUPPLY of minimum 500 Watts

     CONFIRMING RAM/MEMORY OF MINIMUM 512MB

     VGA /VIDEO CARD PLUG INS OF MINIMUM 128MB

     HARDSIK SPACE CAPACITY OF 40 GIG & UP

     OTHER NEEDED PC ACCESSORIES

    IPOD/MP3 PLAYER/AUDIO DEVICES

     CHECKING BRAND AND MODEL

     COMPLETE ACCESSORIES WITH 100% FUNCTIONALITY

     USB COMPLIANT DOWNLOADS

     CD INSTALLER/DRIVER

MODULE  3 ADVANCE GOLD JEWELRY APPRAISAL TECHNIQUE WORKSHOP

          ADVANCE TOOLS IN JEWELRY APPRAISAL TECHNIQUE

          FAST AND EFFECTIVE JEWELRY APPRAISAL METHOD

          PAWN VALUE DETERMINATION AND MARKET COMPETITIVENESS

          FLEXIBILITY AND LIMITATION ON JEWELRY APPRAISAL OR “PRENDA PRICE

         UNDERSTANDING GOLD PLATED AND FAKE/FANCY JEWELRIES

           The Objective of this course is to teach the pawnshop owner or appraiser how to identify Fake

           & Fancy Jewelry Items from the Real one with Advance Procedure – the fastest and convenient 

           process of testing pawn item.

           With Case Study on how to know and avoid the actual tactics and Modus Operandi  of 

           swindlers and other threats trying to pull down the pawnshop operation.

          With Little Overview on DIAMOND GRADING and Appraisal Method practiced by Pawnshop 

           over the Years

MODULE  4  ADVANCE MOBILE PHONE & ELECTRONIC GADGET / DEVICE/S 

                         APPRAISAL TECHNIQUE WORKSHOP         

     MOBILE PHONE / CELLPHONE

          CHECKING DEFECTIVE UNIT
          CHECKING DAMAGE UNIT CAUSE BY REPAIR/REFORMATTING
          TESTING GENUINE PHONE FROM IMITATION OR CLONED CHINESE PHONE

          CHECK PHONE CAMERA 

           CHECK MULTI-MEDIA/MEMORY CARD (MMC)

          VERIFYING MANUFACTURING DATE, LAST REPAIR DATE, PURCHASED DATE, 

          PHONE USAGE HOURS

 DIGITAL CAMERA

    TESTING IMAGE CAPACITY AND QUALITY

    IMAGE DOWNLOADS AND PC Compatible       

    Audio/Video Plug Ins to Television

    With Huge Memory Stick not lower to 512 MB  

LAPTOP/DESKTOP COMPUTER

   Installed Operating System

   IDE 1 & 2 Connections

   Dial Up Modems and Internet Ready Gadgets

    The focus on this module is to determine defective Gadgets and devices. It has emphasis too on pinpointing malfunctions and defects of cellular phones, digital cameras  and the like presented as collateral for a short term loan.   

MODULE  5    PAWNSHOP OPERATION & JEWELRY STORE  MANAGEMENT   

                                                          TRAINING SEMINAR

History of Pawnshops

Pawnshop Industry Profile

Pawnshop regulations and the P.D. 114

Nature of Business

LENDING OPERATION

Standard Pawnticket Issuance and determination of Pawn Value   

Granting of Loan Procedures and Record Keeping (Bangko Sentral ng Pilipinas Compliant)

Renewal and Redemption of Pawned Item ProcedureS

Loan Limit

Interest Rate

Computation of Interest Income and other Income Source

Making Pawn Reports

Past Due Loans and Redemption Period

Mailing/Auction notice Procedures

Public Auction Procedures and auction sale recording

MANAGEMENT:

Understanding TERMS & CONDITIONS OF PAWNTICKET

Usual Malpractice of Pawnshop

Complaints against Pawnbrokers

Responsibility of Pawnshop Owners to Pawners

Marketing Strategy given Stiff Competition

JEWELRY SALES

Gold Scrap Buying and Selling

Resetting, Made to Order jewelries (College Ring, Wedding / Bond ring and sets ) and Mark Up

Demand and Supply

Marketing and Collection Procedures

Wholesaling and Retailing of RED GOLD / SAUDI jewelries

MODULE  6 PAWNSHOP ACCOUNTING,  AUDITING and INTERNAL CONTROL PROCEDURES WORKSHOP   

Accounting & Auditing System

Bookkeeping and Recording required by Bureau of Internal Revenue for Monthly Percentage Tax Internal Control Procedures

Cashiering Procedures

FRONT DESK Memorandum/Circular

BANGKO SENTRAL NG PILIPINAS Documentation on KNOWING YOUR CUSTOMER under

   Anti-Money Laundering Act Mandate

Year Ender Report on Statement of Condition and Income and Expense

MODULE 7  FOREIGN EXCHANGE / MONEY CHANGER BUSINESS OPERATION

                                                                  WORKSHOP

Industry Overview, Anti-Counterfeit and Currency testing Procedures, Exchange of Currency Release and Recording, Currency Forward Selling, Making Reports on Forex Income and Expense, Accounting and Auditing System plus Internal Control Method,  

MODULE  8    PAWNSHOP HELPER SOFTWARE PROGRAM AND COMPUTER MAINTENANCE TRAINING

Know Your Customer (KYC) Procedures which is required by Anti money Laundering Act

Encoding of Loan Releases, Renewal of Interest Accrued and Redemption of Pawned Item for data gathering and storage.

Generating reports on Loan Portfolio, Interest Income, Ancillary Income Services

Security Application and Interface

Basic Software and Hardware Maintenance including Installation and reformatting of Operating system

MODULE 9  PAWNSHOP ESTABLISHMENT AND BRANCHING OUT

For Pawnshop, this module teaches how to fill up the pro-forma documents in the Checklist of Requirements numbered to Sixteen (16) needed for PAWNSHOP LICENSE AND REGISTRATION TO BANGKO SENTRAL NG PILIPINAS (BSP) created by a law – PRESIDENTIAL DECREE (P.D.) 114.

CHECKLIST OF REGISTRATION REQUIREMENTS FOR NEW PAWNSHOP

1.) City/Municipal Business License/Mayor's Permit for the current period

   Note: 1.) The Business Name and Address should be the same with SEC approved.

         2.) LGU requirements varies in different areas but most likely the following are required.

            a. Lease Contract if rented

            b. Clearances  - Police, Zoning, Realty Tax, Rental/charges, Sanitary Permit, Medical certificate for employees

                Fire Clearance, engineering clearance for owned building, barangay clearance

            c. Community tax certificate for business ( usually P 500 for Corporation)

2.) Copy of Certificate of registration of business Name with the Department of Trade and industry (DTI)

3.)   Copy of Certificate of registration  SEC and copy of Articles of Incorporation and by Laws

4.) sample copy of signage

5.) Information sheet duly accomplished by the President / CEO/managing partner/ Owner

6.) Biographical Data with passport size pictures

7.) Bank Certification on amount deposited for apwnshop registration

8.) Notarized written undertaking to comply with BSP applicable rules

9.) Income Tax returns of the Officers/Owners

10.) sample copy of Pawnticket

     Note: wrong spelling, wrong spacing and format of terms and conditions will be automatically be rejected

11.) Letter request for additional stipulation of pawnticket

12.) Authorized Signatories with biographical data

13.) Sketch of pawnshop location

14.) Letter of authority to transact and receive BSP Acknowledgement of Registration

Plus how to make other documents needed for branching out and expansion

   Note: The BSP is rigid on requirement submission particularly the standard form and stipulations of 

              PAWN TICKET OR INSTRUMENT OF INDEBTEDNESS

MODULE 10 MONEY CHANGER / FOREX BUSINESS LICENSING & REGISTRATION PROCEDURE

For FOREX, it has 5 other requirements aside from the above mentioned Pawnshop Registration checklist.