No such complexity exists when a customer pulls in at the gas station. Most petrol pumps are, these days, self-service units. The price of gas being what it is, and there is every possibility that it is going to rise, quite steeply in some parts of the world, customers are aware of the need to carefully monitor their use of gas and by being able to pour in the petrol they are easily able to see how much is needed and how much they can afford.
But whether there are high prices or low inflation environments, one thing is certain, the entrepreneurial spirit remains alive and well. Part of the successful drive into the entrepreneurial space has to do with servicing the markets mainly with what is needed. And who doesn’t need gas these days. So, the self-starting and motivated entrepreneur commits no fault when he ventures into the gas station business.
And this is where the complexities arise. It would have been too easy to purchase a secondhand gas station. But the question may have been asked. Why was this business sold in the first place? That may be so, but the negativities never stopped the ambitious garage stop entrepreneur. And while you are still reading this, he has already turned his truck into the gas station construction yard. He begins the process of converting a derelict lot into a state of the art, modern one-stop serves all service station.
Just two gas pumps will not do. There may be no capacity for an auto workshop just yet but who doesn’t want the car to be cleaned and groomed thoroughly. And while they wait, the customers head in to the convenience store to buy a few last minute supplies.