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To start a pawn shop in Tennessee, you must first create a business plan outlining your services, target market, and financial projections. Next, obtain the necessary licenses and permits, which typically include a business license and a pawnbroker’s license from the local government. You’ll also need to comply with state regulations regarding pawn transactions, including record-keeping and reporting requirements. Finally, secure a location, set up your shop, and market your services to attract customers.

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