well pawn shops are mostly for people who need money fast.you call the shop and ask what kind of stuff they buy then you sell your stuff for a small fraction of what its actually worth.depending on the shop they may or may not do loans where you can buy the item back.so they arent a good idea unless your really in a bind.--Answer1:followup 3points.1.firsr you start your shop a good center.2.get a good name in the city with your pawnshop.if you already open the shop3.special taste in your making.bye.--Answer2:as the above people say they are a quick way for people to access money.If you wish to run one you need to be very skillful at valuing items like watches etc.You value an item which comes in take your margin off (between 40% 50%) if you value an item at $100 you would buy it off the person for $60 - $50.you have to make sure you know you can sell the item for what you value it at.you would promise to hold the item for the guy who brought it in for a time for him to buy it back (you may let him pay over time) he will pay the full amount you valuer the item for (you make a profit).once he pays you back he gets is item back.If he doesnt pay you back or at the start says he doesnt want it back you put it up for sale in your shop.if at this point you valued the item correctly it will sell fast and you still make your profit.