Mina Gorgyos

  Hire reliable, trustworthy and friendly employees. Employees can make or break your business. A successful gas station requires reliable, honest and courteous employees. As gas station owners, you sell a commodity, so small things can add up to better customer value. When your employees handle the customer touch points with grace, you create more value for the customer in a way they can appreciate. Customers like to be greeted when they enter the store, and appreciate a smile and friendly transaction they can look forward to when they return. Customers also like employees that are well dressed and groomed. When you make the customer feel valued, you set yourself apart from the competition. On the other hand, if employees are distant, unengaged, or simply rude, it makes it too easy for the customer to frequent another store. And if they tell their friends of a bad experience, you can lose more than one customer. Reliability is also important because you need co...

Gas stations are a very complex business to start due to the many regulations and taxes they encounter. Here we’ll break down the different types of permits and licenses you may need, along with sharing some resources to help get you started. Let’s get started and see which licenses to consider when starting a gas station . Federal Licensing The Environmental Protection Agency (EPA) closely regulates gas stations and has special rules about the Underground Storage Tanks (UST) used to store fuel. State Licensing Every state has strict regulations on selling fuel. Many states have specific licensing, sales tax registrations, and rules from the state Fire Marshal and state Environmental Protection Agency for gas stations. Some states like New Jersey and Oregon have laws that allow only an attendant to pump gasoline. Other states don’t have these regulations. Here are examples of a few states with their licensing and regulations: To be registered a...

Like most retail sectors, gas station convenience stores are undergoing rapid market change. Fuel and convenience stores (c-stores) need to adapt to an increasingly mobile population, new technology and shifting consumer behaviors. Today’s retailers are challenged by an increasingly decentralized payments infrastructure; limitations imposed by service providers; and regulatory complexities of managing face-to-face payments across different channels and countries. Read on for 5 key trends worth knowing about the gas and convenience store industry. 1. EMV mandates & charge backs The U.S. Payments Forum released a market snapshot showing the state of EMV chip adoption in the United States in 2019. The report showed that the technology is now well-established in the U.S. with 63% of in-store payment terminals being chip-enabled, and 68% of total transactions being chip-on-chip. “While POS terminals (traditional/ fixed) show high current investment in...

  A competition asked people to design a service station for a future when electric vehicles dominate. The result looks very different from what we have today.  The gas station as we know it is an endangered species. As electric vehicles gradually make up a larger share of cars on the road, entirely new kinds of service stations will be needed to fuel their journeys. A new design competition has come up with a vision for what those stations may look like, and it’s funded by one of the biggest gas station companies in the world. Parkland , a Canada-based gas station operator with 3,000 locations in 25 countries, is the main sponsor of an international competition to create the electric fueling station of the future . The winning entry has just been announced, and the design envisions a facility where the time it takes to recharge a battery—easily a half hour longer than a typical gas fill-up—is seen as an opportunity to rest, relax, and maybe even explore.   ...

A Better Way To Get Commercial Real Estate Loans for Gas Stations As of March 1, 2022, CREFCOA has temporarily suspended its gas station loan program. Through our proprietary online commercial real estate lending platform (CRELP) we are changing the way borrowers obtain commercial real estate loans for gas stations. Commercial mortgage loans are available for both acquisitions and the refinance of your gas station mortgage loan. We help unlock the full potential of your business and commercial real estate investment with commercial financing options customized around your individual needs, investment objectives and property characteristics. CREFCOA provides gas station commercial mortgages for gas station, service station, gas and c-store and other similar property types located in all 50 states and the District of Columbia. In recent years, gas station financing has become more and more difficult due to a dynamic and ever changing industry, environmental concerns, ...

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...

1. Persist in distributing promotional materials in the surrounding community business districts and inviting customers to come to the fast fuel service stations for consumption. 2. Ensure that the top 20 goods in the convenience store sales amount are not out of stock every minute. 3. If a child enters the store, give the child a balloon that has been blown up. 4. Every employee must let every customer he touches feel the fastest service efficiency. 5. There is a small poster next to the product, the sales of this product can increase by 16%. 6. Appropriately participate in some public welfare activities and establish a good public image. 7. Calling the customer's name is the greatest respect for the customer, and sending a birthday greeting to the customer is the most intimate greeting to the customer. SOURCE