MIMPSS Training Program

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Learn something NEW ..  Something different …  A new kind of skill to invest and start to engage in a small scale business at home …

Our training programs will help guide you to start online business at home such as buy and sell gold and diamond jewelry as well as gadgets and offer a loan to the needy, start with your friends, relatives, friends of friends in replacement of a personal property such as  gold and diamond jewelry, gadgets and even some items of value for a loan collateral ..

For planners of a new pawnshop business and lending investors, it is a MUST for you to take all courses that we offer to avoid mistakes in every steps you take in the business operation for this would mean a lot of losses on your end if you take risk of trial and error method of investing.

For pawnshop operators, single and with chains, MIMPSS is here to help you, your company and staffs, to fully enhance the skills in appraising and management  as well. We provide a comprehensive and very much hands on training because our main vision and objective is to equip entrepreneurs in the pawnshop industry the necessary skills and expertise that assist your investment to get better returns.
We have a class on :

” Diamond Appraisal ” July 18, 2015 ( Saturday ) and August 8, 2015

Time : 1:00 – 5:00 PM

Venue : 3522 Honda St. Brgy. Pinagkaisahan Makati City

  – AND –

” Gadget Appraisal ” July 19, 2015 ( Sunday )

Time : 1:00 – 5:00 PM

Venue : 3522 Honda St. Brgy. Pinagkaisahan Makati City

” Gold Appraisal ” August 7, 2015

Time : 9:00 AM – 5:00 PM

Venue : 3522 Honda St. Brgy. Pinagkaisahan Makati City

We also offer a package courses that covers aspects of pawn operation.

Details of our comprehensive Training Program:

I.   Pawnshop Operation (2days)

II.  Pawnshop Management (1day)

III. Gold Appraisal (1day)

IV. Diamond Appraisal (1day)

V.  Gadget Appraisal (1day)

Packages:

– 5 in 1 or complete package for (5) courses ( I to V )

– 2 in 1 or package for (2) courses ( I & II )

– 2 in 1 or package for (2) courses ( III & IV, III & V, IV & V )

For the Packages schedule is by Arrangement.

We include to fees : Certificate of attendance, guideline materials and a lunch and snack

REGISTRATION IS ON GOING !!!

For more queries contact us at nos.: 09065118875 (Globe) 09985630554 (Smart) 09391520485 (Smart) 09238728440 (Sun) or email us at maisabel.mimpss.mendoza@gmail.com or visit our facebook page at mariaisabel.mendoza.14

Topics to be discuss about our comprehensive trainings:

Pawnshop Operations:

– BSP registration requirements for new pawnshops

– BSP rules and regulations

– Legal aspects

– Standard operating procedures ( SOP )

– Bookkeeping

– LOCATION

– SECURITY

Pawnshop Management :

– Strategic measures

– Pawnshop policies

– Mal practices/ Audit & Inventory procedures

– Supervision

– Physical Inventory

– System on auction sale

– Accounting system

Gold Appraisals:

– Proper techniques for utilization of the Tools & equipment.

– Distinguishing the different KARAT fineness in gold

– Procedure in testing gold

– Procedure in appraising gold

– Computation of gold price per karat per gram (loan value/selling price)

Diamond Appraisals:

– Proper techniques for utilization of the Tools & equipment

– The 4 C’s of a diamond

– Parts of a round cut diamond

– Procedure in testing diamond

– Procedure in appraising diamond

– Advance training on how to properly calculate approximate values of diamonds (lloan value/market value)

Gadget Appraisals:

– Distinguish Clone Fones from Genuine

– History of computers, definition and evolution

– Android OS versus Iphone OS

– Interface of IOS and Android

– Advantages and Disadvantages and more ..

– Pricing and Marketing

Be a part of MIMPSS FAMILY GROUP TEAM if you want to be an expert in this kind of field..

REGISTER NOW! 

 

                                                           

 

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Appraisal skills are key to a pawnshop’s success

The last several years have been a good period for pawnshop industry. Unfortunately, even in this very good business atmosphere for pawnshops I have seen clients badly hurt by not implementing and following the basic and proven proper pawnshop management procedures. This always pains me because by the time I get to such a client much damage to the business has already been done. Fortunately, I have been able to help the client the implement proper procedures to help save the business.

One of the central tenants of MIM Pawnshop Skills and Services is the proactive approach to pawnshop management.  I believe the best defense is a good offense. Pawnshops have to employ the basic strategies that have made pawnshops a successful industry from the beginning.  One of those basic strategies is properly trained appraisers.

The central concept of operating a pawnshop is to lend money in exchange for collateral. In order to lend money for collateral a loan value must assigned to the item the pawner brings in and in order to set the loan value a proper appraisal must be made.

Experience teaches that assessing ones staff’s appraisal skills is big factor in the success of a pawnshop. Appraisers can be key to a successful pawnshop business. They can make the difference between success and failure. What makes successful appraisers? They need the confidence and motivation that can only come from proper procedural training that gives them a foundation of knowledge to carry out their tasks. They also need to keep their skills updated.

Following proper procedure on jewelry and precious metals cannot be overemphasized. The picture you see at the top of the page is a picture of a FAKE gold chain accepted by numerous pawnshops in the Phillipines. This fake gold was even was accepted by some of the big pawnshop chains that should really know better.  Do not let this happen to you. Following the proper appraisal procedures would have detected this metal as fake and saved the pawnshops some lost revenue.

Accepting electronic gadget items can also be profitable for a pawnshop provided that the appraisers have the proper knowledge and skill to perform an appraisal. It is especially important that the appraiser have updated knowledge on electronic items such as laptop computers, digital cameras, cell phones and even original watches. Appraisers must have updated knowledge on all models, makes and their prices so when the item is foreclosed it is easy to sell. They have to stay on the pawnshop motive on “how fast can you sell the items” when foreclosed. This gives the best return for your investment.

Whether you are talking about diamond appraisals, precious metals appraisals or electronic gadget appraisals, MIM Pawnshop Skills and Services appraisal training courses outperforms its competitors. My training is part lecture but very much a hands-on course that takes the student from the beginning to the end of a procedure. I believe in the hands-on method where the more you practice a skill the better you get at it. I believe that a hands-on approach to training works especially well for adult students. After a hands-on training course adult students come away with better skills than an all lecture course.

I go over the material as often as is necessary and I am always there to guide and answer questions. I have been in the pawnshop industry my entire adult life and I take pride in teaching the procedures that have worked for me throughout my career. I know these procedures will work for you. Finally, I take the right amount of time on a subject and cover the points necessary to perform proper appraisals of gold and diamonds.

If you are an established pawnshop, my appraisal training courses will give your staff the confidence and motivation that leads to more accurate appraisals that go to your profit margin.

We also have appraisal training courses for those who are interested in getting into the pawnshop industry or those wanting to start a small capital home-based business. My training will give you the confidence you need to get you started.

Please feel free to use the contact form below to contact me by email to inquire about any of MIM Pawnshop Skills and Services’ training programs.