How to Start a Pawnshop Business in the Philippines?
pinoyambisyoso.com | Aug 15, 2009 | Comments 8
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There are many Pawnshop business establishments existing in the Philippines. Few known names like Lhuillier, Tambunting and others. These names are well established in the Pawnshop business in the Philippines. Like you, these people started from a small company until today to a big and well known company.
So how can is start a Pawnshop Business in the Philippines?
- First is call Bangko Sentral ng Pilipinas (BSP) pawnshop hotline, (02)524-8713,and check the availability of your desired pawnshop name.
- Register your business at the Department of Trade and Industry (DTI) for single proprietorship, or at the Securities and Exchange Commission (SEC) for partnerships or corporations.
- Secure a business permit from the city where your pawnshop be located.
Register at Bangko Sentral ng Pilipinas. See http://www.bsp.gov.ph/regulations/forms.htm for the complete list of requirements.
- Secure and pay the processing fee P1,000.
- It will take two to three weeks for the BSP to process your application. Make sure you open your business within six months after the application is approved or your permit will be revoked.
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Filed Under: Business and Finance
sir ask ko lang pow how much pow orignal price ng 18 k ? then kung naisangla kona sa price the 34.000 then yuko na tubusin ,pwed ko po bng padagdgan yung amount ng pera na makukuha ko?..kung pwd, mga magkano pow kya? thnx pow i am expcting your rply sir
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sir how can you make money out of the golds? How do this work? Im planning to franchise a pawn but i still dont know how it is done.
Yes, definitely this is a good business that you can start if you just know how to manage it like all other businesses.
.-= ArJay | Pinoy Bisnis´s last blog ..Top Christmas Craft Business Ideas =-.
Magkano po kaya ang kailangan para mag open ng pawnshop? maganda po ba itong business? Thanks for the replies^^
madami nang nagsusulputang pawnshops ngayon eh. Kasi nga ang daming nangangailangan ng pera, sanla dito sanla doon…minsan hindi pa nga sa kanila yung isinasangla
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Mahirap naman atang magumpisa with pawnshop eh… anyway sir padd naman sa blogroll mo…
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ayos nakapagcomment din dito..hehehe…buti naman at naayos mo na..well naadd na kita bro sa blogroll ko..
btw…hmm pawnshop…taas ad rate nito ha..nyahahaha
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