Prices of Petroleum Products in Nigeria The current commodity prices for these petroleum refined products are high, and that guarantees more profits for marketers — As at now, the prices of petroleum products are: Petrol — N97. Craig McCarthy family and they will be actively involved in the day to day operation of the Gas stations. If the plan is for , financiers will analyze the individuals responsible for managing the facility as well as where it is located. Still, if you're in the process of picking a good spot, it's important to consider the flow of traffic. Movement of petroleum products on your own from the depots to your filling stations involves many risks, accidents, fire, extortion, and cost. She writes business plans for startups and established companies and teaches marketing and promotional tactics at local workshops.
In essence, we want to build a team, a dedicated workforce that will work together to help the organization achieve its set targets. Franchise operations Petro companies Engen, Sasol, etc offer franchises which include intensive training programmes and stipulations for franchisees. In fact, it is probably one of the most vital sectors of the economy because every other industry is dependent on its output; which are petroleum products. Attendants You will need 2 petrol attendants for each pump, they would be shifting between them, one person at a time. Remember, your goal is to get lots of customer traffic near your gas station.
No doubt busy highways and busy cities with growing population is highly suitable for gas stations. If it is an independently owned private brand, customer loyalty may only be advantageous if the gas station serves the local market. And the subsidy thing too will elude you. These can be added under certain conditions. We are open to the use of latest technology in the gas station industry.
Business plan courses doing a research paper youtube is community service important essay example short narrative essay on bullying woodland homeworks reviews intellectual property business plans creative writing critique groups solve math word problems for memory grocery shop business plan sample feudalism essay conclusion creative writing in english ignou ahmedabad feudalism essay conclusion. Regardless if you plan is being used for investors, banks, or internal strategy the plan should properly analyze these factors in order to provide a clear picture of the potential risks and opportunities associated with the gas station. Decide what kind of company you want to start There are two kinds of security companies, one that sells products and one that sells services or you can combine both. Add and homework at nightAdd and homework at night full business plan free download. We will work hard to build a loyal customer base; customers that will always patronize us over and over again and as well help us use word of mouth publicity to get their friends and acquaintance to patronize us.
Your business plan will help you to get initial funding, so it's a good idea to do your research and find prices that can work for your business. Competition Nigeria being a mono economic country, the petroleum sub-sector is highly competitive. Definition of critical thinking pdf kevin lee film essays, vacation essay topics loan officer business plan template sample critical thinking in nursing a cognitive skills workbook 1 computer science homework answers annotated bibliography essay format sites to help solve math problems. Usually, petrol storage tank is bigger because it sells faster and you will to stock large amount of it. They do this for some fee. Also, include marketing techniques to promote the filling station.
Everything about oil is money, from exploration to exportation and marketing crude or refined product , etc. Some places have laws that will bind you to an existing agreement. The size of this depends on you. Your competitive advantage might focus on selling gas on a busy street where no other gas stations exist. This is especially important because of the level of knowledge about the trade that you will be required to garner.
Remember, you are making a huge investment, you need to carefully study your Intended Petrol Filling Station environment. Homeworks furniture holland michigan tools for creative writing english argument essay banquet hall business plan example tuesday with morrie essay topics how to write apa style research paper how to research proposal phd. Our chains of petrol stations that will be scattered all around major cities in Nigeria will adopt full service, minimum service and self-service as it suits the location. As a matter of fact, our publicity and advertising strategy is not solely for selling our products and services but to also effectively communicate our brand. Returns Policy Tickets for festivals and other events bought through this website are fully refundable for 14 days following payment up to 1 week before the event. Legalize your company and get your Petrol station licence in Nigeria.
This varies around the globe. It is true that playing in the gas industry might require loads of funds, but in the long run it sure does pay. Keep a watchful eye on the employees. Make a budget for your new business. For instance, a gas station in New York City may not be as profitable as one in an area where a much of the population drives and rent prices for commercial real estate are much cheaper.
It is also required to provide access gates on sides that has a route to link and provide easy access in and out of the filling station Flooring: The petrol station needs a fairly flat ground so you might need to cut or fill as the topography may warrant. It is indeed a profitable industry especially when the business is well located. We are in the industry to make a positive mark. The business plan is one manuscript that has continued to be important. Can you think of an area in need of a gas station? As new neighborhoods and business districts crop up, there will be a demand for new gas stations.