You will need to do research in the industry for standard employee salaries as well as costs of gasoline.The incident took place on July 23 in west-central Russia, and it goes without saying it could've ended much worse.
Gas stations with gas 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.
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.