Running A Fueling Station.

[Bisolami]

The business is cool and also profitable but to start it up is the main deal, you need a huge capital, you need to get approval from government (it will also require money) but if you feel you're fit enough then you're good to go.

You're right. Only rich people can engage in the business. The start up capital is too much

 

[Mikky]

You're right. Only rich people can engage in the business. The start up capital is too much

The start up capital isn't the only issue but the risk attached. After you can get a bank loan to start up.

 

[Bisolami]

The start up capital isn't the only issue but the risk attached. After you can get a bank loan to start up.

I would not like to take a loan to start a business but I can take loan when I already know much about the business

 

[Mikky]

I would not like to take a loan to start a business but I can take loan when I already know much about the business

Its not a good thing to start a business with a loan talk less of a fueling business which a tongue of flame can ruin everything.

 

[Citrus]

running a petrol station is a legit business since the prices are only going higher

 

[Mikky]

The price of petroleum products has sprang up big time.

 

[Bisolami]

The start up capital isn't the only issue but the risk attached. After you can get a bank loan to start up.

I would not like to take a loan to start a business but I can take loan when I already know much about the bus

Its not a good thing to start a business with a loan talk less of a fueling business which a tongue of flame can ruin everything.

 

[Mikky]

It will be better to make a feasibility study before barging into a business.

 

[Stardom22]

The business seems to be so profitable in deed. This is because nowadays the demand for vehicles and motor bikes have really increased. Therefore the demand for the petroleum products too is high so that it can cater for the ever growing demand for cars

 

[fcbetting]

I don't need to fuel generator but I must fill my car every two weeks and sometimes even often. For fuel station you must be on good position with a lot of traffic. Also you have many regulations about enviroment and saftey since fuel is dangerous.

 

[Bisolami]

It will be better to make a feasibility study before barging into a business.

So that one will know how to go about the business without wasting money

 

[Mikky]

So that one will know how to go about the business without wasting money

That's right, many business has gone from top to bottom for ignoring this.lol

 

[Bisolami]

That's right, many business has gone from top to bottom for ignoring this.lol

And a lot of people know this but still won't follow the rules

 

[Enxx]

Fuel business is a very lucrative business but if not monitored well, we can be scammed most especially by the workers

 

[Mikky]

Fuel business is a very lucrative business but if not monitored well, we can be scammed most especially by the workers

Some fueling station would have calculated the total income for the day before selling anything. I think with that workers won't get the chance to "rip em off".

 

[Bisolami]

Some fueling station would have calculated the total income for the day before selling anything. I think with that workers won't get the chance to "rip em off".

And that's why they have that meter to measure what they sell.

 

[Shavkat]

That's right. I already know the essence of feasibility study

I am glad that you knew the importance of it.

 

[Bisolami]

I am glad that you knew the importance of it.

Thanks for educating me. I so much appreciate you my friend

 

[Mikky]

And that's why they have that meter to measure what they sell.

Yeah but even with the meter proper monitoring should be ensure .

 

[Bisolami]

Yeah but even with the meter proper monitoring should be ensure .

Yes. If they don't monitor the meter well, they will go bankrupt