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President’s Letter
Hello Team Loyalty,
2023, sure started off with some craziness! I hope everyone was safe during that terrible weather storm. I had 5 trees fall power out for 7 days, branches destroyed my heat/ac unit, still finding plugs and different electrical issues that surged, but my kids and I were all safe the entire time. ON top of that a tree fell into my girlfriend's house on the 9th of January. She still is not in her house but again no one was hurt. Other than that terrible storm we went through I hope everyone had and is have a great start to the new year. Some great news that has happened for me is that my Kansas City Chiefs are in the Super Bowl, and I hope that everyone will be cheering them on come February 12th!! Just kidding, it should be a great game and I hope for some great commercials.
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Tax season is coming, let us be prepared. Typically, industry wide, this is a time where our loan balance drops and our sales go up, with the current economic cycle we are in I do not think we will be as busy as in previous years. I do think we will be above average for business. It is time for us to do our best to maximize those sales. In years past tax season was at times as busy and close to as large as revenue time as Christmas season. Again, we may not see that, but we should be prepared either way. Be sure we keep an eye on when the tax returns start rolling in.
Finally, there are some exciting things coming through the California Pawnbrokers Association. Legislative Day which is when pawnbrokers from throughout the state come to Sacramento and “Walk the Halls” meet our legislatures. We have over 30 new representatives so it should be a busy day. The Nor-Cal Spring Conference is coming in April. The CAPA (California Pawnbrokers Association) legislative team is working daily with our lobbyists and the state to grow and protect our industry. Please, if you have any questions about CAPA or what we are doing or even if you would like to get involved reach out to me as I am currently the president of our statewide association. I hope your days are filled with friendship and you enjoy being part of our Loyalty Pawn Family.
Gratefully,
Stan Lukowicz, III
