Pros
- You learn a lot about finance laws and regulations.
Cons
- Open on holidays, even with no customers. - Corporate can’t decide what they want to do. Make changes to policies too frequently. - They consistently roll out new products without sufficient training. - Corporate does not understand what it is like working in a real store. There is a large disconnect in this area. Expectations are unrealistic. - Company is too scared of the CFPB, managers aren’t given enough control over collections and lending decisions to effectively grow a business. - Company has unrealistic growth expectations with given lending practices. - Company has unrealistic collections expectations with given lending practices. - Unable to use petty cash for marketing items or store repairs. - You have to go through an act of congress to hire someone. - You have to go through an act of Congress to terminate an underperforming employee. - Not a lot of room to move up - Company does not have a clear vision as to what they are working towards. - Too hard for the field to effectively communicate with corporate collections. Everything is on different systems. Instead of integrating, they just keep making new systems. - Internal audits aren’t always reflective of what the state examiners look for. - They care too much about the “how” things get done rather than the end result. Why make things harder?