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Since the economic meltdown in 2008, we not only witnessed the collapse of housing market, but also the wave of small businesses that closed their doors for ever. Look back in your city, and I am sure you can identify many empty homes along with many small businesses such as restaurants, gift shops, clothing stores that are no longer there. Now let's look again and see how many gas stations or convenience stores closed during the same period? Probably none. Instead you may notice there are newer stations are being build. Why is that? The answer is simple, it is a recession proof business. Regardless if you have a job or not, have a home or not, you still need gasoline for your car, milk for the kids, or cigarette, beer, soft drinks.. The neighborhood store is filled with your everyday needs. In this book we look deep inside and learn how and why this business model works and what is the best and economical way to get into this business. How to Find and Buy A Profitable Gas Station Business helps beginners and more seasoned business people understand how to be successful with gas station ownership. Across the United States, gas station businesses and convenience stores are proving decidedly profitable, even recession proof. As this book demonstrates, gas station businesses are easy to set up and manage. Following a few simple tips outlined in this book, it is possible for even first-time business owners to enjoy the benefits of a profitable, easy-to-manage business.
Why a book about Gas station business? Well, gas stations are in every street corner, they are dime a dozen, but why are there so many of them?. Since the economic meltdown of 2008, we not only witnessed the collapse of the housing market, but also the wave of small businesses that closed their doors forever. Look at your city, and I am sure you will find empty homes alongside many local businesses such as restaurants, gift shops, clothing stores, etc. standing there with empty windows and a "For Sale" sign in the front. Now, look again. How many gas stations or convenience stores closed during the same period? Probably none. Instead, you may have noticed there are new stations constantly being built. Why is that? The answer is simple: it is a recession proof business. Whether you have a job or not, have a house or not; you still need gasoline for your car, milk for the kids, or need to make a quick run for cigarettes, beer, soft drinks.. You corner gas station is filled with all our daily life necessities.Now that we established Gas Station is a good and recession proof business to get into, the question is how do we get into one on a limited budget and once we do get into it, how can we stand out in this crowded market and be unique.?Here in this book I bring you all the answers along with all the best information possible to help you start, run and grow a successful gas station/convenience store business. Whether you're just starting out or you're a veteran in the gas station business, I am going to show you some new and innovative ways to get you to the next level and stand out in the crowd. As a 20 plus year veteran of gas station business, I am always trying new and innovative methods to increase sales and profitability. Technology and marketing strategies are changing every day, and the "old school" methods are not working anymore.In this book I outlined and explained in depth the followings:* How to Choose the Right Business Location* Should you Buy or Lease a Gas Station Business* How to effectively do Due Diligence on any Business* How to get Bank Financing* How to Close a Deal * What and How to set up a Corporation and obtain all required Licensing * How to Market your store and increase Sales and ultimately Profitability* How to Hire, Train and Manage Employees* How to have an Inventory Management System* How to do Bookkeeping * How to handle Loss Prevention/TheftA full Business Plan in included in this book along with a link where you can download a fully workable business plan that you can modify to fit your need.After reading this book, if you still have need for more information, I would suggest you check out my Gas Station Business 101 podcast audio show on iTunes, it is free to subscribe and you can listen to anywhere. Through this podcast show, you'll stay up to date on everything that is going on in this industry. Branding, Business Plans, Business loans, innovative marketing Strategies, theft control, gas station business bookkeeping, regulations, pricing - you name it, it's here for you. You can also check out my blog at GasStationBusiness101.com and let me show you the way to becoming successful in this profitable niche business.In this second edition, we addressed a few errors and typos, we also updated some data, as well as some charts and graphs that are now very easy to read.
This book is truly a summary of a few episodes of my podcast show. You may ask why would I publish it as a book, well after writing the first book " How to Start, Run and Grow a Gas Station Business Successfully" and starting my podcast, I have realized, some people want fast and quick answers to 6 very common questions, they don't want to read a 200 page book that includes everything under the sun about Gas Station Business. In my first book I talked a lot about how to find and buy the ideal business then I went on to talk about how to grow that business with proper marketing and merchandising strategies. But in this book I simply answer 6 most asked questions ever. 1. How do I find a good business for Sale? 2. How to find out how much money a gas station is making? 3. How do I come up with right pricing/valuation of a gas station? 4. What is The Return On Investment(ROI) in a gas station Business? 5. How to write the best business plan for a gas station? 6. How do I get a bank to finance my deal? In last 3 years these are the 6 questions I received over and over in my email, more than any other questions. So this book is a quick start up guide for those who are looking to get into gas station business and need to find these answers in a hurry. I also included a 15 step buying process checklist along with a 7 step closing checklist. This way you are covered start to finish in your buying process.
Bill Scott and James Hawkins describe in easy to understand terms how convenience store operators can double the profits in every store and turn their convenience stores into Cash Generating Monsters.
"The first architect-designed gas station - a Pittsburgh Gulf station in 1913 - was also the first to offer free road maps; the familiar Shell name and logo date from 1907, when a British mother-of-pearl importer expanded its line to include the newly discovered oil of the Dutch East Indies; the first enclosed gas stations were built only after the first enclosed cars made motoring a year-round activity - and operating a service station was no longer a "seasonal" job; the system of "octane" rating was introduced by Sun Oil as a marketing gimmick (74 for premium in 1931)." "As the number of "true" gas stations continues its steady decline - from 239,000 in 1969 to fewer than 100,000 today - the words and images of this book bear witness to an economic and cultural phenomenon that was perhaps more uniquely American than any other of this century."--Jacket.
The Mom Test is a quick, practical guide that will save you time, money, and heartbreak. They say you shouldn't ask your mom whether your business is a good idea, because she loves you and will lie to you. This is technically true, but it misses the point. You shouldn't ask anyone if your business is a good idea. It's a bad question and everyone will lie to you at least a little . As a matter of fact, it's not their responsibility to tell you the truth. It's your responsibility to find it and it's worth doing right . Talking to customers is one of the foundational skills of both Customer Development and Lean Startup. We all know we're supposed to do it, but nobody seems willing to admit that it's easy to screw up and hard to do right. This book is going to show you how customer conversations go wrong and how you can do better.
A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.
Nightshift clerk and high-functioning insomniac Jack is back to work, trying his best to keep out of trouble. But when his chain-smoking coworker discovers a mysterious radio signal revealing the guarded secrets of their town, Jack will learn that an annoying new dayshift manager is far from the worst of his problems. In this second installment of the Gas Station saga, Jack finds himself entangled in his most harrowing adventure yet. With the newest crew of coworkers along for the ride and the resident psychopath out for his blood, our hero(?) must navigate the drama of small-town murder conspiracies, vigilante justice, and demonic summoning rituals...whether he wants to or not.
Oil on the Brain is a smart, surprisingly funny account of the oil industry—the people, economies, and pipelines that bring us petroleum, brilliantly illuminating a world we encounter every day. Americans buy ten thousand gallons of gasoline a second, without giving it much of a thought. Where does all this gas come from? Lisa Margonelli’s desire to learn took her on a one-hundred thousand mile journey from her local gas station to oil fields half a world away. In search of the truth behind the myths, she wriggled her way into some of the most off-limits places on earth: the Strategic Petroleum Reserve, the New York Mercantile Exchange’s crude oil market, oil fields from Venezuela, to Texas, to Chad, and even an Iranian oil platform where the United States fought a forgotten one-day battle. In a story by turns surreal and alarming, Margonelli meets lonely workers on a Texas drilling rig, an oil analyst who almost gave birth on the NYMEX trading floor, Chadian villagers who are said to wander the oil fields in the guise of lions, a Nigerian warlord who changed the world price of oil with a single cell phone call, and Shanghai bureaucrats who dream of creating a new Detroit. Deftly piecing together the mammoth economy of oil, Margonelli finds a series of stark warning signs for American drivers.
#1 New York Times Bestseller Over 10 million copies sold In this generation-defining self-help guide, a superstar blogger cuts through the crap to show us how to stop trying to be "positive" all the time so that we can truly become better, happier people. For decades, we’ve been told that positive thinking is the key to a happy, rich life. "F**k positivity," Mark Manson says. "Let’s be honest, shit is f**ked and we have to live with it." In his wildly popular Internet blog, Manson doesn’t sugarcoat or equivocate. He tells it like it is—a dose of raw, refreshing, honest truth that is sorely lacking today. The Subtle Art of Not Giving a F**k is his antidote to the coddling, let’s-all-feel-good mindset that has infected American society and spoiled a generation, rewarding them with gold medals just for showing up. Manson makes the argument, backed both by academic research and well-timed poop jokes, that improving our lives hinges not on our ability to turn lemons into lemonade, but on learning to stomach lemons better. Human beings are flawed and limited—"not everybody can be extraordinary, there are winners and losers in society, and some of it is not fair or your fault." Manson advises us to get to know our limitations and accept them. Once we embrace our fears, faults, and uncertainties, once we stop running and avoiding and start confronting painful truths, we can begin to find the courage, perseverance, honesty, responsibility, curiosity, and forgiveness we seek. There are only so many things we can give a f**k about so we need to figure out which ones really matter, Manson makes clear. While money is nice, caring about what you do with your life is better, because true wealth is about experience. A much-needed grab-you-by-the-shoulders-and-look-you-in-the-eye moment of real-talk, filled with entertaining stories and profane, ruthless humor, The Subtle Art of Not Giving a F**k is a refreshing slap for a generation to help them lead contented, grounded lives.