Gas Station Business 101 Podcast - How to Start, Run and Grow a Successful Gas Station Business artwork

Gas Station Business 101 Podcast - How to Start, Run and Grow a Successful Gas Station Business

62 episodes - English - Latest episode: about 7 years ago - ★★★★★ - 53 ratings

Why a podcast about Gas station business? Well, gas stations are in every street corner, they are dime a dozen, but why are there so many of them? Well, because they do make money. More importantly they are truly a recession-proof business. But how do you stand out in this crowded market? Here in this podcast my goal is to you bring you the best information possible to help you start, run and grow a successful gas station/convenience store business. Whether you're just starting out or you're a veteran in the gas station business, I am going to show you some new and innovative ways to get you to the next level and stand out in the crowd.
As a 20 plus year veteran of gas station business, I am always trying new and innovative methods to increase sales and profitability. Technology and marketing strategies are changing every day and the "old school" methods are not working anymore, you can be sure if you subscribe this podcast , you'll stay up to date on everything that is going on in this industry. Branding, Business Plans, Business loans, innovative marketing Strategies, theft control, gas station business bookkeeping, regulations, pricing - you name it, it's here for you. Check out my blog at GasStationBuisness101.com and let me show you the way to becoming successful in this profitable niche business.

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Episodes

GSB-61: Progress Report # 3 for December 2016: Actual Business Evaluation & Sales Analysis of a Real Store

April 22, 2017 04:50 - 43 minutes - 50.4 MB

Remember the store I helped some investors buy in 2015 that was losing money? I shared two updates so far and now here is the 3rd one about how that store is doing now. This is a long awaited episode, but here it is. Enjoy! Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 61. This is the show where we discuss everything under the sun about the gas station and convenience store business, how to buy these businesses, how to operate them and how to grow t...

GSB-60: 5th Q&A Episode | Part -2

April 08, 2017 23:38 - 42 minutes - 49.3 MB

In this 2nd part of our last Q&A episode, I answer remaining 5 questions all related to buying gas stations and how to understand the numbers and if the stores are really making money or losing money. I also answer questions about how to grow your business with financing and how to take on a new partnership. I think you may find this episode helpful if you are in the market to buy a business. Here I analyze some sales numbers and see which ones are making money and which ones are not. Stay t...

GSB-59: 4th Q&A Episode | Part-1

April 01, 2017 04:07 - 57 minutes - 66.2 MB

In this episode, I answer three questions all related to buying gas stations and how to understand the numbers and if the stores are really making money or losing money. I think you may find this episode helpful if you are in the market to buy a business. Here I analyze some sales numbers and see which ones are making money and which ones are not. Stay tuned. Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 59. This is the show where we discuss how to ...

GSB-58: 3rd Q&A Episode | Answers About Ground Lease, Business Resale Value, Buying A Closed Up Station And Much More

February 08, 2017 04:12 - 1 hour - 72.1 MB

I am sure you have seen a gas station or two that are closed up in your area and wonder why did someone close it or if you should buy it, or would it do great business if you start it up? Listen and find out as I answer 6 burning questions from our listeners in this episode. Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 58. This is the show where we discuss how to start, run and grow a gas station business successfully and give you an inside look at...

GSB-57: How to Calculate Fuel Profit Accurately Every day

January 19, 2017 02:06 - 36 minutes - 42.7 MB

I get asked this question often, and I have tried to answer them before as well, but let’s answer it once again in very much details so we can clear up any and all the confusion, let’s discuss how you can figure out how to calculate your fuel profit precisely and accurately. Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 57. This is the show where we discuss how to start, run and grow a gas station business successfully and give you an inside look at...

GSB-56: Five Unique Marketing Strategies to WOW your Customer and Win Them Over!

December 26, 2016 22:45 - 36 minutes - 42.5 MB

I want to tell you about five proven marketing strategies that have worked for me for last 18 years. But remind you they will sound silly at first, but I want you to hear them out in their entirety before you knock any of them out.  After you hear me out then maybe you can go try them in your business and see how your business rises to the top. Welcome to Gas station business 101 podcast, I am your host Shabbir Hossain, and this is episode 56. This is the show where we discuss how to start...

GSB-55: How to Have an Effective Inventory Management System

December 17, 2016 18:16 - 48 minutes - 56.4 MB

How can you tell if an employee or customers are stealing from you? How do you know someone is not stealing your beer, cigarettes or other merchandise? Is your business losing money every day and you just don't know about it? Let's see how a great inventory management system can help you stop the leaks, stay tuned.. Welcome to Gas station business 101 podcast, I am your host Shabbir Hossain, and this is episode 55. This is the show where we discuss how to start, run and grow a gas station ...

GSB-54: How To Build a Gas Station From Start to Finish (Hint- It Includes Construction) Part -3

December 08, 2016 07:01 - 58 minutes - 67.5 MB

Once you finish the construction of your new gas station how do you get it open up for business? How to pass the inspections, how to merchandise, how to get everything ready, let's discuss and let's see if we can finally open your new store for business. Stay Tuned... Welcome to Gas station business 101 podcast, I am your host Shabbir Hossain, and this is episode 54. This is the show where we discuss how to start, run and grow a gas station business successfully and give you an inside look...

GSB-53: How To Build a Gas Station From Start to Finish (Hint- It Includes Construction) Part -2

November 26, 2016 07:44 - 55 minutes - 63.9 MB

Would you like to know how to build a gas station from ground up? Do you wonder what all it takes to build one of those? Let's discuss what it takes to build a gas station from start to finish. Stay tuned... Welcome to Gas station business 101 podcast, I am your host Shabbir Hossain, and this is episode 53. This is the show where we discuss how to start, run and grow a gas station business successfully and give you an inside look at many real life case studies so you can follow and be succ...

GSB-52: How To Build a Gas Station from Start to Finish (Hint- It Includes Construction) Part -1

November 17, 2016 04:52 - 1 hour - 70.1 MB

Would you like to know how to build a gas station from scratch? Do you wonder what all it takes to build one of those? Let's discuss what it takes to build a gas station from start to finish. Stay tuned... Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 51. This is the show where we discuss how to start, run and grow a gas station business successfully and give you an inside look at many real life case studies so you can follow and be successful in th...

GSB-51: How to Negotiate and Win - 13 Must Have Skills

November 06, 2016 00:10 - 48 minutes - 56.6 MB

In business we all have to do some degree of negotiation, when buying a home, a business or just with your suppliers or vendors, but we don't get to win each time, but we should win if we know and practice this 13 negotiating skills, stay tuned and let's find out what and how they work Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 51. This is the show where we discuss how to start, run and grow a gas station business successfully and give you an ins...

GSB-50: 4 Very Unique Questions & Answers About Underground Fuel Storage Tanks

October 28, 2016 00:40 - 56 minutes - 65.1 MB

In this episode, I answer four very unique questions about the underground storage fuel tanks. Some of these are very unique problems; these problems can happen to any gas station operators. I highly recommend you listen to this episode and take notes... Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 50. This is the show where we discuss how to start, run and grow a gas station business successfully and give you an inside look at many real life case ...

GSB-49: Buyers Be Aware - Listen Before Buying Your Next Gas Station Business

October 16, 2016 22:18 - 49 minutes - 57.9 MB

Did you just buy a gas station business and now finding out that even with high sales volume the business is not generating enough profit for you? Are you struggling to just meet your basic business expenses? Or are you about to buy a business that will put you in the red? Some of our listeners have just found themselves in that exact situation, so stay tuned and let's analyze all that in this episode. Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 4...

GSB-48: 8 Everyday Issues We Face as Gas Station Business Owners

October 06, 2016 23:44 - 43 minutes - 50.8 MB

If you are not yet a gas station business owner, then you may want to listen to this episode, as I discuss what is like to be a owner or an operator of a gas station business, what are the daily challenges, and issues we face every day, and if you are already in this business, stay tuned and see if the challenges and issues I talk about matches what you face every day. Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 48. This is the show where we discu...

GSB-47: How to Flip Gas Stations for Profit

September 21, 2016 01:41 - 48 minutes - 56.2 MB

Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 47. This is the show where we discuss how to start, run and grow a gas station business successfully and give you an inside look at many real life case studies so you can follow and be successful in this business. Today's' episode is a rather interesting one, and this idea came from Moe. Moe sent me an email about a month ago asking about this very topic as he found an opportunity to take over a store fo...

GSB-46: How to Start, Run and Grow a Successful Deli Business Inside your Gas Station

September 17, 2016 17:14 - 46 minutes - 54.3 MB

Welcome to Gas station business 101 podcast, I am Shabbir Hossain, This is only podcast show of its kind where I discuss every aspect of gas station business from how to find and buy the right location, how to market your business, how to do bookkeeping, how to minimize theft to what type of insurance do you need to have for your business. So it is a one stop shopping for any of you that are in this line of business. You may ask how does he know it all? Well I don't and that is why I go and ...

GSB-45: What is a Fuel Supply Agreement? How to Understand and Indentify Issues in that Document....Explained

September 09, 2016 18:39 - 57 minutes - 66.7 MB

Welcome to Gas station business 101 podcast, I am Shabbir Hossain, This is only podcast show of its kind where I discuss every aspect of gas station business from how to find and buy the right location, how to market your business, how to do bookkeeping, how to minimize theft to what type of insurance do you need to have for your business. So it is a one stop shopping for any of you that are in this line of business. You may ask how does he know it all? Well I don't and that is why I go and ...

GSB-44: How to Read, Understand and Indentify Potential Issues in a Commercial Lease Agreement

August 30, 2016 05:46 - 55 minutes - 64.3 MB

Welcome to gas station business 101 podcast. This is episode number 44. This is the only show of its kind where we focus on all aspects of gas station business and we discuss, analyze and try to improve the process by trying to see what works and what doesn't. Today's topic a very important one and it is all about commercial lease and how to read and understand this complex document. What to look for as potential problem in these leases. The idea for this episode came from two people, Ya...

GSB-43: Does Gas Station Business Work as a Passive Income Model?

August 17, 2016 05:23

First, let's define what is passive income. Passive income a process where you earn money without being involved in the day to day business operation of the business. If any of you remember the free book, I send to everyone on my mailing list all about passive income than you know there any many ways to make money passively. It is really where you work hard at first to set something up and then sit back and watch that hard work make money for you over time. For example, say you wrote a boo...

GSB-43: Does Gas Station Business Work as a Passive Income Model?

August 17, 2016 05:23

First, let's define what is passive income. Passive income a process where you earn money without being involved in the day to day business operation of the business. If any of you remember the free book, I send to everyone on my mailing list all about passive income than you know there any many ways to make money passively. It is really where you work hard at first to set something up and then sit back and watch that hard work make money for you over time. For example, say you wrote a boo...

GSB-42: Second Q&A Episode

August 12, 2016 04:06 - 42 minutes - 49.6 MB

Welcome to Gas Station business 101 podcast, I am Shabbir Hossain, and this is episode 42. For those of you who are joining me for the very first time, this is a show where we discuss from how to start, run and grow a gas station/convenience store business successfully and make money. In each and every episode we discuss a new topic that is targeted towards improving your business one step at a time. Topics could vary from marketing ideas, to fuel management to bookkeeping and many more ju...

GSB-41: 7 Risk Factors You Should Check off Before Buying a Gas Station Due Diligence Part 2

August 04, 2016 00:14 - 46 minutes - 54 MB

There are risk factors associated with buying any new businesses, I am sure you all know that but when it comes to buying a gas station, last week I spoke about 9 factors to check as part of your normal due diligence for your business. This week I want to address 7 hidden risk factors that can also literality make or break your business even before you get started with your new business, so you need to check and verify that will not be the case ...stay tuned and I will tell you all about the...

GSB-40: 9 Step Due Diligence Before Buying a Gas Station Business | Part -1

July 26, 2016 00:05 - 49 minutes - 57.5 MB

This is the first of a two part series episode all about due diligence. In this episode I will be discussing everything under the sun about each of the 9 steps of due diligence before buying a gas station business.  In the next episode which is part 2 of this series, will be all about the other hidden risk factors that you need to check and verify before buying a gas station. The risk factors I will be talking about in the next episode do not actually fall into a typical due diligence check ...

GSB-39: Why Gas Station Business is a Good and Solid Long-Term Investment?

July 21, 2016 22:08 - 52 minutes - 61 MB

GSB-39: Why Gas Station Business is a Good and Solid Long-Term Investment Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 39. This is the only show of its kind where we discuss how to start, run and grow a gas station business successfully, and I give you an inside look at many real life case studies so you can follow and become successful in this business. There are many great business and investment opportunities out there if you ever read the Ent...

GSB-38: How do Gas Stations Make Money?

July 11, 2016 05:30 - 53 minutes - 61.5 MB

A common question I get asked a lot, how do gas stations make money, especially when they hear the gasoline does not make much then how do we make money? Would you like to know too? Let's do some calculation GSB-38: How do Gas Stations Make Money? Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 38. This is the only show of its kind where we discuss how to start, run and grow a gas station business successfully, and I give you an inside look at many ...

GSB-37: 7 Tips and Ideas You Can Use to Improve Your Gas Station Business on a Budget

July 01, 2016 01:44 - 43 minutes - 50.7 MB

Today I want to discuss 7 very useful tips and ideas you should put to use immediately to improve your store's outlook and image. Most of these ideas will cost you very little, and some will only cost 50% of the total cost as the other 50% is paid by, well not you, so stay tuned, and I will tell you who will pay the rest. Let's get started. There are co-op programs available from most branded oil companies like Exxon, Shell, BP, and Chevron where they share some upgrade cost with you; ...

GSB-36: How to Read & Analyze Your Cash Register Report - The Hidden Messages Inside You Need to Know

June 24, 2016 02:32 - 53 minutes - 62.2 MB

In this episode, we will break down how to read and analyze a cash register report. This is the most important piece of paper that business produces every day. This is the report that tells you how much money came into your store and how. Not to mention it gives you break down of all the category sales and how much of each category you sold and how much revenue you generated from that sale. If you want to see how your business is doing financially, this is the only way you can tell by read...

GSB-35: Branded Or Unbranded? The Good, the Bad & the Ugly of Both Sides You Should Know About

June 17, 2016 03:10 - 46 minutes - 54.2 MB

What is a Branded Gas Station? Branded stations are what we see around us the chevrons, the shells, the marathons, the Bps the Mobil stations, all these are examples of branded stations. On the other hand, the unbranded stations are the one that you also see around you like the quick stop, the express mart, where you will see names like that but no sign of a branded logo anywhere. The primary difference between a branded and unbranded is the fuel additive most every brand use. Most bra...

GSB-34: First Q&A Episode | 5 Interesting Survey Questions Answered By Many Forum Readers

June 09, 2016 05:46 - 59 minutes - 68.4 MB

This is the very first episode where I will just answer all the email questions and comments I have received recently, as some of you may recall I stopped answering email questions few episodes ago so I can have the whole time to dedicate to the topic of each episode. But didn't want to ignore anyone's questions, so from now on this how I will be answering email questions. Sometimes I get similar questions from a few people, and in those cases, I will just answer one where I will try to co...

GSB-33: True Story of My Failure In Business | What I Have Learned From Failure

June 04, 2016 03:44 - 49 minutes - 57.7 MB

Generally speaking, in life we all want to hear about success and how others became successful, and we all want to be successful in our own life. Not to mention hearing about success motivates us makes us want to follow the same footsteps so we can get some taste of the similar type of success in our own life.  We hardly ever want to hear about how someone failed in something because deep down we all know it is easier to fail than to succeed. In this episode, I want to share some of my bigge...

GSB-32: What are The Security Threats in a Gas Station Business and How to Assess & Manage Risk in Retail

May 25, 2016 05:15 - 1 hour - 71 MB

In this Episode I discuss all the security threats that we face as small business owners, then I discuss the business legal liability and how we can manage them properly. Most businesses especially retail come with a few security threats, and there is a certain degree of risk management that every entrepreneur has to do. This is part of doing business. There is no way around it. Every business has its own set of challenges, security threats and a certain degree of risk management. That is ...

GSB-31: What is The Best Investment Visa for International Investors Interested in Gas Station Business? EB-5, E-2 & L-1 Visa Explained

May 18, 2016 06:04 - 1 hour - 81.7 MB

Lately I have been getting a lot of emails from my international readers and listeners about investment visas and what and how to go about getting one of those. At first I was going to include them in my first Q&A episode but then when I started researching it, I have decided to dedicate an entire episode on this topic. For US listeners this episode maybe just as helpful maybe more , because either you may know someone who can benefit from it or when you go to sell your business the buyer yo...

GSB-30: 8 Passive income ideas You can Try and Make Money with. This is How I do it...

May 12, 2016 22:41 - 1 hour - 82.9 MB

First, I want to rectify something I said in the last episode. Remember I spoke about a Facebook group I started, to make it easier for everyone I bought a domain that is easy to remember, which was Shabbir on facebook.com, and then I redirected that domain to my Facebook group. But three days later I received an email from Face book's legal dept. Asking me to stop and remove that domain for copyright infringement. So I had to cancel that domain.  Now here is a new one for you, type in Shabb...

GSB-29: Progress Report For March 2016: On The Actual Business Evaluation & Sales Analysis of a Real Store

April 28, 2016 07:08 - 51 minutes - 59.3 MB

First, an important announcement, Almost in every episode ask my listeners to go on my site and post a question on under "Ask Shabbir" tab where you have to register first, and many of you told me that you have had issues registering for it. So I decided to make it easier for everyone. I just started a Facebook group where you can go and start a conversation, ask questions and just engage in conversations. It's called the GSB Community. Since everyone uses Facebook anyway, I figured this is...

GSB-28: Stop Thinking and Start Doing | How to Actually Get Started in Gas Station Business

April 22, 2016 05:44 - 45 minutes - 52.2 MB

This episode is for people that are still thinking about getting into the business but haven't actually taken the plunge. You can read and listen to as many books or podcast as you want but if you don't take the plunge to actually getting into one it will just get harder as time goes by. Remember the opportunities are being taken every day and time and tide waits for none right? Steps you can take to get into a business now. First is soul searching? Look at your financial situation and co...

GSB-27: All About Business Plan- How to Write a Great Business Plan For Gas Station Business

April 11, 2016 06:09 - 43 minutes - 49.6 MB

    In this episode I discuss the most important part of buying a business which is how to write a business plan. If you are looking to obtain financing from a bank, this is one document you cannot do without. This is truly the blue print of your business. A great business not only helps you to get the bank to finance your business but it also gives you a clear outline of what and how your business need to function and operate. It should also outline how you will be able to improve the bus...

GSB-26: Is Gas Station Still a Profitable Business? Do They Make Money? What is The ROI?

March 23, 2016 06:13 - 53 minutes - 61.9 MB

Once again I answer few more burning questions I have received from my newsletter subscribers when I asked via a survey about their biggest struggle in business. So here it is, I talk in depth about why and how gas station business model is still a viable business model and why people should invest in it, and why it is still so lucrative. I look closely at issues like: Why and how it is good business: If you read my book, then you most likely know I spoke at length about how Gas station i...

GSB-25: How to Find a Suitable & Profitable Gas Station Business For Your Budget

March 18, 2016 06:13 - 1 hour - 70.8 MB

In this episode I reply to several emails, I received including one from a gentleman named Murat. So this episode along with the next two episodes are all dedicated to answering a burning question I asked all my newsletter subscribers, where the question was what is the most important issue they are facing today in their business. One of the answers I got most was How to find a suitable and profitable business in their budget. Though in previous episodes, I touched on this subject before bu...

GSB-24: How to Negotiate Vendor's Contracts to Your Advantage and Win- The Pain and the Gain

February 28, 2016 06:53 - 51 minutes - 59.3 MB

GSB-24: How to Negotiate Vendor's Contracts to Your Advantage and Win- The Pain and the Gain Pain: If you are in c-store business already then you know how much pain it can be to negotiate vendor's contracts to your advantage. Just remember one thing, the contracts are often written by their legal dept and it is always to benefit them and not YOU. They are always looking out for them and not YOU. Unless you have a big legal dept with a few high paying attorney's on board, it is hard to nego...

GSB-23: An Actual Business Evaluation and Sales Analysis- An in-depth Look in a Real Gas Station

December 19, 2015 07:50 - 52 minutes - 59.6 MB

Today's episode is different than any other episode as I have decided to share a real life business details with you so you can see the due diligence first hand and share your input as well. In this episode I discuss: The store and its location Demographics Age and brand Physical inspection of the store Talk about the issues we noticed Recommended upgrades and how much those upgrades would cost Indoor Issues Outdoor Issues Sales and financials Projected P&L vs. Real P&L  

GSB-22: Important EMV Upgrade-Fast Approaching Deadline You Need to Meet

December 15, 2015 04:24 - 32 minutes - 36.8 MB

In this episode I address and answer many questions on a very important topic of EMV upgrade for which I have received many emails for. If you own a gas station business or any other retail outlet, you need to listen to this episode so you know what you need to do to comply with the new requirements. The questions I answer in this show: What is EMV update? Why is it required? When is the deadline? What's the cost? What are the pros? What are the cons? What should I do? The book I me...

GSB-21: How To Create Effective Partnerships To Grow Your Business Rapidly

December 12, 2015 23:42 - 34 minutes - 39.3 MB

In this week's episode I talk about how to create effective working partnerships to grow your business rapidly. I discuss 3 key ways you can build an effective partnership: 1, Working Partnership Equal Partnership Multiple Partnership with One Key Operation Person I also discuss what are the key characteristics you need to look for when looking to build a partnership and why and how they can be successful.

GSB-20: How to Get Started in Gas Station Business If You are Short on Cash

November 22, 2015 22:08 - 47 minutes - 54.1 MB

In this episode I discuss how you can get started in Gas Station Buisness even when you are short on Cash. I outline 3 ways you can get started which are: 1. Crowd funding 2. Getting Investors 3. Getting Partnership I outline how you can achieve success with your funding issue. I discuss every tools and documents you need to get it done properly and right the very first time. So enjoy!

GSB-19: 8 Closing Checklist You Must Check Off Before Buying A Gas Station Business

November 08, 2015 01:53 - 46 minutes - 53.2 MB

In this episode I discuss a 8 point checklist that one should follow as the pre closing checklist to ensure the closing transaction is done smoothly and without any unnecessary hiccups. Not to mention following these 8 points property can save thousands of dollar.   Check the merchandise pricing to make sure they are not out or range Negotiate the retail to cost percentage of the inventory you will be paying to the seller Meet with the employees and explain to them what is taking place ...

GSB-18: Basic Bookkeeping 101 | How to Calculate Net Profit and Breakeven Point for Your Business

October 18, 2015 05:10 - 55 minutes - 63.6 MB

In this episode I discuss the basics of gas station book keeping practices and how to get it done with an ease. How to understand and analyze the numbers, How do you calculate profit and how to figure out what your breakeven point is for your business. I break is down to 5 parts and discuss each part in depth. So enjoy.   The book I want to recommend today is call Turn the Ship Around by David Marquet and Stephen Covey

GSB-17: How to Add 5 Mini Businesses to Your Existing Business and Generate Extra 1K/Month Profit. Part-2

October 10, 2015 01:53 - 53 minutes - 61.4 MB

Welcome to episode 17, this is the 2nd part of 'adding 5 mini businesses to your existing gas station business' series. In episode number 16 I touched on how to add income by adding mini business such as Vape shop, novelty, wine, and cigar or movie rental to your existing business and generate extra sales and profit. Today I want to add 5 other avenues to that theme so all together you will have 10 ideas, but please understand you are not limited to this 10 ideas, there are many other aven...

GSB-16: How to Add 5 Income Generating Mini Businesses In Your Business and Earn Extra 1K/Month

September 26, 2015 01:24 - 49 minutes - 57.1 MB

In this episode and the very next one I will be addressing again how to generate extra income. Especially how to add income to our bottom line by simply adding some extra income generating mini businesses to our existing business. The ideas I will be talking about today does not only apply to gas stations but most other brick and mortar retail businesses can try these and see some extra monthly income in their pocket. So stay tuned. The 4 Mini Businesses I mention in this episode are: How ...

GSB-15: The Gasoline Game | 5 Key Elements of Fuel Pricing You Need to Know

September 23, 2015 04:54 - 47 minutes - 54.3 MB

Welcome to GSB 101 podcast this is episode 15. In today's episode I want to bring everybody's focus on the biggest bulk of our business which is gasoline or fuel. If you are in gas station business more than 50% of your revenue comes from selling fuel. But I know we have not talked about it at all. It is kind of like the big elephant in the room we all it's there, but no one wants to talk about it. In this epsiode I talk about Fuel or Gasoline part of your business has many moving parts, an...

GSB-14: Case Study- How a 10 Step Appearance Improvements Made a Store Go From Loss to Profit in Just 2 Months

September 18, 2015 23:33 - 47 minutes - 54.1 MB

 Imagine for a second,  just by making a few changes in appearance you make a business go from loss to profit, well minus the legacy cost off course. So yes that is the very reason I have decided to share this topic with you and do a separate episode just on this. I do think all of you can benefit from this episode. Honestly, it opened my eyes, and I too realize the power of great appearance and how powerful it can be for a business's success or failure for that matter.  I discuss a 10 st...

GSB -13: How to Increase Your Bottom Line Profit by $1,000/Month Without Increasing Your Sales | Tips and Tricks You can Try Tomorrow and See Results next Month

September 13, 2015 21:56 - 42 minutes - 48.8 MB

    Welcome to episode 13 of GSB 101 podcast. I have decided to do another episode on the 1k profit theme since the feedback I have received so far has been overwhelming, so I am on a roll can you tell? I have had the idea that I would want to do a podcast on how to increase bottom line profit by a certain dollar figure without increasing the sales. But didn't think I would be doing it so soon. In this episode, I discuss how we can all save again another 1k by focusing and tweaking some ...