The financial success of a gas station can be highly dependent on circumstances that are not directly related to the quality of service and even the location of the “gas station”. These important details can be learned either through experience, which often comes too late, or by learning from others and taking care of the points that make a gas station business truly profitable.
Instructions
Step 1
Sign a cooperation agreement on the principle of franchising with one of the leading oil refineries in the country - under the sign of such a company, things are at least twice as successful. The income generated as a result of such a “rebranding” will more than cover the amount that you will pay your senior partner on a monthly basis, such a move is justified in all respects. It is only important when choosing a patron company to take into account the location of its nearest oil depots, with which you have to work - the convenience and efficiency of fuel delivery also means a lot.
Step 2
Study in all details the terms of supply of gasoline from the refinery that the franchisor offers to you. The selling price may, for example, already include value added tax and tax on the sale of oily products, or it may be that these taxes will then have to be paid from the budget of your gas station. It is extremely important to understand the pricing of the supplier and not get confused then in your own accounting department, losing profits due to incorrect calculations.
Step 3
Take care of the protection and protection of your gas station - any incident can not only cross out all current income, but also drive you into debt. This concerns not only incidents of a criminal nature (which is not uncommon on suburban roads), but also safety precautions when working with fuel. Sign a contract with a security company, equip the operator's building with bulletproof glass, follow all fire safety rules and instruct staff.
Step 4
Save on staff salaries by organizing training for new employees - training employees without experience is more profitable than adjusting to the salary expectations of experienced gas station operators who also know how to organize work at a gas station “in their favor”. Such a policy in working with personnel will significantly increase their own profits and create jobs for residents of nearby settlements, who often suffer from unemployment. It is such simple measures in the management of a gas station that allow you to gain good momentum, reach the payback threshold and start receiving tangible income.
