December 14, 2017  
 
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Opening a Gas Company

We've collected some good advice that is perfect for those who want to open a gas company. Read this advice before you start!

Wondering how to start a gas company? We take you step-by-step from start to success.
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Best Practices for Writing a Gas Company Business Plan

Many new gas company owners feel unprepared for the challenge of writing a business plan.

The good news is that business plan help may be closer than you think. These days, there are tons of great resources and solutions available to support the business plan writing process.

If you're feeling overwhelmed, take a look at Gaebler's Business Plan Help section for a list of business plan writing resources.

Review Competitors

Prior to launching a gas company within your community, it's worthwhile to see how you will fit in the competitive landscape. Try our link below to get a list of local competitors in your area. After clicking on the link, type in your city, state and zip code to get a list of gas companies near you.

How are you going to successfully complete with existing firms? It's important that you never underestimate the competition.

Find Good Remote Business Advice

If you are interested in starting a gas company, it's a wise move to speak with somebody who is already in the business. It's very unlikely that the local competition will talk to you. What's in it for them?

Thankfully, an owner of a a gas company in a different city can be a great learning resource for you, provided that you won't be directly competing with them. In fact, they are often very willing to share startup advice with you. It can take a while to find an entrepreneur who is willing to talk, but it's well worth the effort.

How would you find a gas company founder who is willing to advise you because you live in different cities?

Simply, try our helpful link below, type in a random city/state or zipcode, and start calling.

Pros & Cons of Buying a Gas Company

An acquisition can be a great way to enter gas company ownership. But it's important to evaluate the benefits and drawbacks of buying a business before you decide on either an acquisition or startup approach.

PROs: Acquired gas companies should be profitable right out of the gate; they should also be capable of demonstrating a loyal customer base, brand identity and operational efficiencies.

DRAWBACKS: On the downside, gas company acquisitions can be difficult to adapt to your unique business philosophy so it's important to make sure the business is capable of achieving your ownership goals before you initiate the buying process.

Don't Rule Out Franchising

The probabilities on your being a successful business owner increase when you franchise and leverage their successful brand and track record.

If your goal is to start a gas company, you may want to check out whether franchising might help you on your entrepreneurial journey.

The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.

More Advice for Startups

These additional resources regarding starting a business may be of interest to you.

Starting a Business

How to Find Angel Investors


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