Shabbir Hossain

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

By / October 18, 2015 / Podcast

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This will be a basic overview of bookkeeping for gas stations, understanding how to keep your books and accounting. Nothing in depth. At a later episode I will review some of the more popular gas station management software that comes with bookkeeping like petro soft and many other similar accounting software. In this episode I …

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

By / October 9, 2015 / Podcast

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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 …

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How You Can Add 5 Mini Businesses Inside Your Existing Retail Business And Make Extra 1k/Month | Part-1

By / September 27, 2015 / Gas Station Business 101, Marketing & Promotion, Marketing & Promotion

I am sure as a business owner your goal always is to see how you can increase sales and generate more profit. Well, there are ways we can do that without getting into any huge investments. I want to show you how we can add income to our bottom line by simply adding some extra …

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GSB-16: How to Add 5 Income Generating Mini Businesses in Your Gas Station and Earn Extra 1k/Month -Part 1

By / September 27, 2015 / Podcast

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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 …

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5 Key Elements of Fuel Pricing Strategy You Should Know

By / September 23, 2015 / Gas Station Business 101, Gas Station Business Basics

Fuel or Gasoline part of your business has many moving parts, and even being in this business for many years some of us still do not have a clear understanding of what rack price is, what jobber markup is, what and how crude oil pricing effect us or what pool margin is and how all …

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How a 10 Step Appearance Upgrade Can Make your Business Profitable

By / September 19, 2015 / Gas Station Business 101, Gas Station Business Basics

Imagine for a second. Just by a change 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 podcast episode just on this topic. I do think …

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How to Do a Thorough and Proper Due Diligence on a Gas Station Business

By / September 18, 2015 / Gas Station Business 101, Gas Station Business Basics, Gas Station Buying Process

Due diligence is a process where we try to find out the facts, figures, and all relevant information about a business we are looking to purchase or lease. Simply put it is a fact-finding mission about a business. Simple psychology tells us if a business is doing great, making money then why would anyone sell …

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How to Find the Right Gas Station Business to Buy or Lease

By / September 18, 2015 / Gas Station Business 101, Gas Station Business Basics, Gas Station Buying Process

If you are new to gas Station business but have enough interest to dig dipper into this business, than next step for you is to try and find a few businesses for sale and evaluate them the best way possible and see if any of them fit your budget and need. As I mentioned before, …

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Introduction: What is a Gas Station Business and Why Should Anyone Look Inside This Recession Proof Business

By / September 18, 2015 / Gas Station Business 101, Gas Station Business Basics

  What is gas station business? A typical gas station has two main parts -Gasoline or fuel and then there is the Conv. store where we sell from soda pop, candy, milk and snack foods. Most typical conv. stores carries around 2000 items or SKU, you can think of them as a mini grocery stores …

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

By / September 18, 2015 / Podcast

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Welcome to episode 14 of Gas station business 101 podcast, first let me thank all of you out there for listening to my show. One quick announcement first before we start. my blog site gas station business 101.com has been up and running again for about a week now. I am so very glad that …

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