
Taking stock of your company
March 1, 2003 By LP Gas
As I shared with you in last month’s column, my recommendationas Step 1 toward building a success plan for your business is for you toconduct an objective evaluation.
Read MoreAs I shared with you in last month’s column, my recommendationas Step 1 toward building a success plan for your business is for you toconduct an objective evaluation.
Read Morell of you have seen or know of a competitor who sold his company in your area. You also likely saw thechanges made and the problems that may have occurred during the transition period. You likely gainedseveral customers during the transition process — just by answering the phone!
Read MoreIt has been said that the typical small business owner would never consider taking a family vacation without first carefully planning dates of departure and arrival, obtaining hotel reservations, reserving tickets in advance for hard-to-get events and carefully laying out what to pack.
Read MoreMany long-time owners of independent propane operations struggle with turning over the reins to someone else. While understandable, it can do irreparable harm to the company.
Read MoreAt age 74, Bill knew it would be time to sell his retail propanebusiness within the next few years. The founder and 70 percent owner ofthe company had three children, none of whom were in the business.
Read MoreHundreds of you own and run retail propane operations of all sizesand complexities across the country. I applaud your fortitude, your self-reliance,your focus on customer service and your fierce independence.
Read MorePlease don’t read this month’s comments as a slam against insuranceagents. If you do, you have missed the point.
Read MoreIn 1996, Richard Handler took over the family propane businessafter the death of his father. He had been involved with the business whenhe was growing up, but after college he chose a career in corporate Americaand moved away.
Read MoreThe success of most every propane retailer can be traced to the hard-working, dedicated men and women who daily service customers on the front lines of those businesses.
Read MoreOn occasion, having too little debt can be bad for your business. If that seems crazy, take a look at the following case study and decide for yourself.
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