Innovation and Improvement Science Centre
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Gas Station Business 101 Podcast - How to Start, Run and Grow a Successful Gas Station Business
Shabbir Hossain : Entrepreneur, Business Coach and Blogger
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 ...
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KLB Radio w/Dj Gary! Playing Dance Music! Spreaker's #1 Hit Music Station! Saturday and Sunday 7-10pm uk time DISCLAIMER: The Audio on this site are copyrighted by the respective author and are placed here for evaluation and entertainment purposes only. No profits are made on this site from their use. Please support these artists and purchase their audios or videos. In accordance with Title 17 U.S.C. Section 107, any copyrighted work on this site is distributed under fair use without profit ...
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My station descriptionBy Klb Radio
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https://www.aquanw.nhs.uk/haelo/evaluation-station/Evaluation-Station-Episode-3.mp3 Click here to listen via Itunes. Managing your knowledge: how do the others do it? Welcome to the third episode of the Evaluation Station. Join Abigail and Lynsey as they reach out to another global expert in evaluation to get advice and guidance for the teams that …
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http://www.haelo.org.uk/wp-content/uploads/2018/03/Evaluation-Station-Ep.2-Final.mp3 Click here to download the audio file or listen via iTunes or acast. Let’s talk about failing: what we can learn from the Researcher in Residence model from The Evaluation Station, Series 1, Episode 2 by Haelo. Released: March 2018. Welcome to the second episode of…
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http://www.haelo.org.uk/wp-content/uploads/2018/01/The-Evaluation-Station-Ep.-1.mp3 Click here to download the audio file. You can listen via acast or open via iTunes. What’s your impact? Where to start when evaluating innovations from The Evaluation Station, Series 1, Episode 1 by Haelo. Released: January 2018. Why are we doing this? Welcome to ou…
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GSB-61: Progress Report # 3 for December 2016: Actual Business Evaluation & Sales Analysis of a Real Store
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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 e…
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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 helpfu…
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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. …
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GSB-58: 3rd Q&A Episode | Answers About Ground Lease, Business Resale Value, Buying A Closed Up Station And Much More
1:02:22
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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 thi…
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GSB-57: How to Calculate Fuel Profit Accurately Every day
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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 thi…
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GSB-56: Five Unique Marketing Strategies to WOW your Customer and Win Them Over!
36:29
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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. Welc…
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GSB-55: How to Have an Effective Inventory Management System
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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 …
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GSB-54: How To Build a Gas Station From Start to Finish (Hint- It Includes Construction) Part -3
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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 …
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GSB-53: How To Build a Gas Station From Start to Finish (Hint- It Includes Construction) Part -2
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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 …
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GSB-52: How To Build a Gas Station from Start to Finish (Hint- It Includes Construction) Part -1
1:00:37
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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 a…
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GSB-51: How to Negotiate and Win - 13 Must Have Skills
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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 Hossa…
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GSB-50: 4 Very Unique Questions & Answers About Underground Fuel Storage Tanks
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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…
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GSB-49: Buyers Be Aware - Listen Before Buying Your Next Gas Station Business
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49:56
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…
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GSB-48: 8 Everyday Issues We Face as Gas Station Business Owners
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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 wha…
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GSB-47: How to Flip Gas Stations for Profit
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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…
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GSB-46: How to Start, Run and Grow a Successful Deli Business Inside your Gas Station
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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…
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GSB-45: What is a Fuel Supply Agreement? How to Understand and Indentify Issues in that Document....Explained
57:35
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57:35
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…
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GSB-44: How to Read, Understand and Indentify Potential Issues in a Commercial Lease Agreement
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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 a…
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GSB-43: Does Gas Station Business Work as a Passive Income Model?
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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 …
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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 targete…
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GSB-41: 7 Risk Factors You Should Check off Before Buying a Gas Station Due Diligence Part 2
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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…
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GSB-40: 9 Step Due Diligence Before Buying a Gas Station Business | Part -1
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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 b…
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GSB-39: Why Gas Station Business is a Good and Solid Long-Term Investment?
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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 ca…
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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…
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GSB-37: 7 Tips and Ideas You Can Use to Improve Your Gas Station Business on a Budget
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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 a…
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GSB-36: How to Read & Analyze Your Cash Register Report - The Hidden Messages Inside You Need to Know
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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…
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GSB-35: Branded Or Unbranded? The Good, the Bad & the Ugly of Both Sides You Should Know About
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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…
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GSB-34: First Q&A Episode | 5 Interesting Survey Questions Answered By Many Forum Readers
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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 a…
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GSB-33: True Story of My Failure In Business | What I Have Learned From Failure
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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 …
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GSB-32: What are The Security Threats in a Gas Station Business and How to Assess & Manage Risk in Retail
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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 busin…
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GSB-31: What is The Best Investment Visa for International Investors Interested in Gas Station Business? EB-5, E-2 & L-1 Visa Explained
1:11:19
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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 episod…
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GSB-30: 8 Passive income ideas You can Try and Make Money with. This is How I do it...
1:12:24
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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. …
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GSB-29: Progress Report For March 2016: On The Actual Business Evaluation & Sales Analysis of a Real Store
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First, an important announcement, Almost in every episode ask mylisteners to go on my site and post a question on under "AskShabbir" tab where you have to register first, and many of you toldme that you have had issues registering for it. So I decided tomake it easier for everyone. I just started a Facebook group where you can go and start aconvers…
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GSB-28: Stop Thinking and Start Doing | How to Actually Get Started in Gas Station Business
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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…
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GSB-27: All About Business Plan- How to Write a Great Business Plan For Gas Station Business
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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 yo…
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GSB-26: Is Gas Station Still a Profitable Business? Do They Make Money? What is The ROI?
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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 cl…
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GSB-25: How to Find a Suitable & Profitable Gas Station Business For Your Budget
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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 answer…
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GSB-24: How to Negotiate Vendor's Contracts to Your Advantage and Win- The Pain and the Gain
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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. …
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GSB-23: An Actual Business Evaluation and Sales Analysis- An in-depth Look in a Real Gas Station
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52:02
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 …
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GSB-22: Important EMV Upgrade-Fast Approaching Deadline You Need to Meet
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32:05
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…
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GSB-21: How To Create Effective Partnerships To Grow Your Business Rapidly
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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 …
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GSB-20: How to Get Started in Gas Station Business If You are Short on Cash
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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 funding2. Getting Investors3. 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 …
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GSB-19: 8 Closing Checklist You Must Check Off Before Buying A Gas Station Business
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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 re…
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GSB-18: Basic Bookkeeping 101 | How to Calculate Net Profit and Breakeven Point for Your Business
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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…
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