#OPEN GAS STATIONS NEAR ME PROFESSIONAL#

Talk to an attorney or other suitable legal professional to make sure of the legalities of any franchise agreement.Most franchise agreements benefit the company more than the business owner. Watch out for specifics in your contract.Look at a franchise contract to know what your rights and responsibilities are. Talk to other business owners who have a franchise agreement with the chain you want to open.Before you decide to franchise or sign a specific franchise agreement, you will need to do your research.Most gas stations are part of a franchise agreement.This is usually a percentage of sales or a monthly fee. Franchisees have to pay royalties to the parent company.For example, if you entered into a franchise agreement with Sunoco, you would essentially own a Sunoco station.A franchise agreement allows a franchisee (you as a business owner) to use the trademark, products, and business models of a larger company.government agency focused on supporting small businesses Go to source If you want to open up a Sunoco or BP station, for example, you would be part of a franchise. Think about whether or not you will be part of a franchise agreement. Write a mission statement and goals for your gas station business.For this section you will need to include costs on how much the property will cost, how much you will need to run the day to day operations, costs of gas contracts and franchise fees etc.Make a detailed budget and estimation of start up costs.Suggest ways in which you will advertise in local papers, and get business going.Include an advertising and marketing strategy.For this section you will need to detail who will be running the finances of the company, who will be managing the store and inventory, and who will handle any legal concerns.Provide a detailed plan of the organization and management of the business.

You will need to explain where other similar businesses are located and why your business will do well in competition.

An analysis of the local market and competition will need to be included.

For example, you will want to detail how many gas pumps you will have, if you will have a carwash, an air pump or vacuum station, how many restrooms, what type of snacks/food your convenience store will carry.

You will need to include a description of the services, products, and amenities (air stations, car wash, vacuum stations etc.).

A fully fleshed out business plan will be more attractive to lenders and investors.

You will need to include as much detail as possible.

A business plan involves several key pieces of information and is more than just a simple outline.

Discuss it with an accountant to get a realistic professional opinion about your estimated expenses and income. Draw up a business plan for your gas station.

Open gas stations near me