I am thinking about setting up a pawn shop on ECC, possibly ECC's first pawn shop, so I want your suggestions/comments on this. You can do this by either voting in the poll or posting a reply (of course I'd like you to do both!)

If you don't know what a pawn shop is, it is basically a shop where you can either downright sell items, or pawn them. This means I pay you money for the item, and then I keep the item, until such time as you can pay back for the item, bear in mind it costs more to get it back, otherwise the business wouldn't work.

The costs would be calculated based on the item, and there would be a thread up in the for sale section giving details about this all, if I decide to do this. You're probably wondering what happens to the item when it is in my possession? That's simple, I will either build myself/have some one build a vault area in my town, which will only be accessible by me and will be locked. No one will touch the item whilst it is in my possession.

If you fail to pay back in a certain time, I keep the item and no refund would be given. A contract would be written fist to ensure both parties know what is happening. In the beginning I will only be pawning items, but if it does well, I will then buy and sell items.

Also, if we do well, I will hire people to work with me to provide an efficient service. All the companies money will be kept in my /bank so that I know how much there is to deal with.

This is all an idea I had and it is not definate. I first have to pay of my loan, so please vote on the poll and leave your comments below!

Taylor :)

 

I'm allowed to vote... plus I wanted to see the stats, and I set it to only being allowed after voting.