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How To Franchise A Gas Station

Read the description for more information! - In this video, I share four unique gas stations you can franchise, an idea of their net income, alternatives if building one from scratch is not an option for you, pros and cons of the gas station business and the future of this industry with EV coming along. LET'S CONNECT 🙌🏽 IG: https://bit.ly/3QTo728 TikTok:   / ree2mz   Coaching: https://www.reetuacademy.com Since this videos focuses on how to START a gas station, I detailed below a list of expenses to RUN one. Fixed Expenses (also known as Operating Expenses or Overhead Costs): 1. Rent or Lease Payments 2. Mortgage Payments (if applicable) 3. Utilities (Electricity, Water, Gas, Internet, Phone, etc.) 4. Insurance Premiums (Property Insurance, Liability Insurance, etc.) 5. Salaries and Wages (for permanent or fixed-contract employees) 6. Depreciation (Amortization of Assets) 7. Loan Payments (if applicable) 8. Lease Payments (for equipment, machinery, etc.) 9. Professional Services (Legal, Accounting, Consulting, etc.) 10. Office Supplies and Stationery 11. Software Subscriptions and Licenses 12. Advertising and Marketing Budget (long-term campaigns) 13. Membership Fees (Chamber of Commerce, Industry Associations, etc.) 14. Repairs and Maintenance (regular and planned) 15. Property Taxes 16. Licenses and Permits 17. Employee Benefits (Retirement Contributions, Health Insurance, etc.) 18. Salaries of Permanent Employees 19. Administrative Salaries (HR, Finance, Management, etc.) 20. Rent for Office Space Variable Expenses (Direct Costs): 1. Cost of Goods Sold (COGS) - Direct material and labor costs related to production 2. Raw Materials and Supplies 3. Direct Labor Costs (hourly or piece-rate wages) 4. Packaging Costs 5. Shipping and Freight Charges 6. Sales Commissions 7. Marketing and Advertising Campaigns (short-term or campaign-specific) 8. Travel and Entertainment Expenses 9. Inventory Costs (storage, management, etc.) 10. Production Supplies 11. Utilities (can vary with production levels) 12. Overtime Payments 13. Maintenance and Repairs (unplanned) 14. Contract Labor (temporary workers, freelancers, etc.) 15. Sales Discounts and Returns 16. Customer Service Expenses (associated with order fulfillment and returns) 17. Credit Card Processing Fees 18. Manufacturing Expenses (Machine Maintenance, Tooling, etc.) 19. R&D Expenses (if variable due to project-based work) 20. Production-related Utilities (Electricity, Water, etc.) APPLICATIONS 🌐 Circle K: https://bit.ly/3qBVRbY 7 Eleven: https://bit.ly/3QEQPpP BP gas station: https://on.bp.com/44d2X4q Chevron: https://bit.ly/3s6TQ7V Shell: https://bit.ly/45xX0A5 COMMENT BELOW YOUR QUESTIONS AND WHAT I SHOULD FILM NEXT! 🎥 Best of luck! Reetu   / ree2mz