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Showing posts from October, 2021

Fueling in an Electric World: Why It’s Time to Rethink the Gas Station Model - Mina Gorgyos

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Change is inevitable. New technologies have made our lives easier, more convenient and arguably better than they were even two decades ago. You may remember being tethered to a landline telephone for hours while awaiting an important call. Perhaps you still cringe at memories of using paper and pencil to make calculations during past tax seasons. You might even feel a hint of nostalgia about a trip to the record store to buy your favorite band’s latest album. But there is one thing we rely on every day that hasn’t changed much since its invention nearly a century and a half ago: the automobile. From the very beginning of motorized transportation, cars have been powered by the internal combustion engine (ICE), a contraption straight out of the fiery forges and bellowing smoke of the industrial age. While communication and information technologies have long since advanced to reflect the world we live in today, the “modern” car has been frustratingly slow to evolve. Until n...

Is Owning A Gas Station Profitable? - Mina Gorgyos

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Have you ever wanted to get into the fuel industry by investing in a gas station but kept on delaying since you have no idea where to begin? A successful gas station owner makes anywhere from $40,000 to $100,000 annually. Starting a business is a complex process that poses a few setbacks on the road. The gas station business has experienced much growth recently. With more and more cars requiring gasoline, the need for stations is significantly increasing. Despite the increasing competition, however, there are still many benefits to establishing a gas station. Gas Station USA: Profitable Business Opportunities will help you learn how to get into this business for yourself and take advantage of its incredible profits!   The gas station business offers financial opportunities to people willing to take risks associated with such ventures. Under the entrepreneurial model, as opposed to the buy and hold approach, the owner works for their income. The entrepreneur is respon...

Is a Gas Station a Good Business to Buy with No Experience? - Mina Gorgyos

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Currently, gas stations and their corresponding convenience stores are some of the most profitable businesses in the United States. Across the country, there are over 100,000 gas station/convenience stores which bring a cumulative of over $400 billion revenue each year. Since the country literally runs on gas where people have to commute to different places and goods also have to be ferried to different states, the gas station business is one whose future is quite certain. Below are some reasons for the popularity of gas stations as investment options. Why gas stations are a popular investment Gasoline sales in the United States are on a constant increase. Statistics show that between 2019 and 2018, these sales have seen an increase from 380 to 620 million. The nature of the gas station business makes it easy to operate. This is because the prices of gasoline are fixed and are regulated by the market. The sale of fuels will therefore occupy only a portion of the manage...