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Developing a 5-Year Strategic Plan for Fuel Distributors

Success lies in balancing traditional operational excellence with innovation and adaptation to changing market conditions
Success lies in balancing traditional operational excellence with innovation and adaptation to changing market conditions The heating oil and propane distribution industry faces… https://oilandenergyonline.com/articles/all/developing-5-year-strategic-plan-fuel-distributors/

10 Ways to Leverage Advanced Analytics to Boost Profits

The key to success lies in choosing the right analytics solutions, ensuring data quality, and fostering a data-driven culture.
Energy dealers looking to position their companies for sustainable growth and success will do well by harnessing the potential of data-driven insights. Let’s look at 10 ways a… https://oilandenergyonline.com/articles/all/10-ways-leverage-advanced-analytics-boost-profits/

Gray, Gray & Gray 2024 National Energy Industry Survey Results

The keyword this year is “efficiency.”
The keyword this year is “efficiency.” Gray, Gray & Gray, LLP, Canton, MA (www.gggllp.com) a leading consulting, accounting and business advisory firm for the fuel oil and propane… https://oilandenergyonline.com/articles/all/gray-gray-gray-2024-national-energy-industry-survey-results/

9 Steps to Prepare Your Business for Peak Heating Season Performance

Act now to position your company to meet increased demand with exceptional service, and win this winter
Act now to position your company to meet increased demand with exceptional service, and win this winter I don’t have to tell readers of this magazine about the importance of… https://oilandenergyonline.com/articles/all/9-steps-prepare-your-business-peak-heating-season-performance/

Dispatches from The War Against Retail Petroleum

The latest skirmishes have popped up in Connecticut, Pennsylvania, Nebraska, and Florida. And in Florida, pump manipulation devices aren’t even illegal.
I wrote in the April issue of Oil and Energy Magazine about gas dispenser fuel thefts that manipulated dispenser pulsars in Delaware, Nevada and Texas. Not surprisingly, the… https://oilandenergyonline.com/articles/all/dispatches-war-against-retail-petroleum/

5 Important KPIs for Fuel Delivery Companies

Using delivery data to improve company operations.
Using delivery data to improve company operations. For a propane or heating oil company, monitoring and measuring the right key performance indicators (KPIs) is crucial for… https://oilandenergyonline.com/articles/all/5-important-kpis-fuel-delivery-companies/

How Tank Monitors And Other Tech Maximize Delivery Efficiency

Internet-connected tank monitors remotely measure fuel levels in real time.
Internet-connected tank monitors remotely measure fuel levels in real time. The Rise of Tank Monitors Tank monitors have been around for years and have only grown in… https://oilandenergyonline.com/articles/all/how-tank-monitors-and-other-tech-maximize-delivery-efficiency/

Choosing the Best Path for Your Family Business

Is your successor inside the family business, an outsider, or a white knight?
Is your successor inside the family business, an outsider, or a white knight? The future of your family business rests on a crucial decision: choosing your successor. This… https://oilandenergyonline.com/articles/all/choosing-best-path-your-family-business/

Three Family Businesses Did It Their Way

“It’s A Man’s Man’s Man’s World” according to James Brown’s 1966 song title. The lyrics contain the line “This is man’s world. But it wouldn’t be nothing, nothing without a woman or a girl.”
“It’s A Man’s Man’s Man’s World” according to James Brown’s 1966 song title. The lyrics contain the line “This is man’s world. But it wouldn’t be nothing, nothing without a woman… https://oilandenergyonline.com/articles/all/three-family-businesses-did-it-their-way/

The Many Benefits of Additional Bulk Propane Storage

Lower prices and reliable supply are just the beginning
Lower prices and reliable supply are just the beginning With summer coming into full swing, companies are beginning (or have already begun) to plan plant upgrades. With each… https://oilandenergyonline.com/articles/all/many-benefits-additional-bulk-propane-storage/

Assessing Acquisition Opportunities

A comprehensive approach considering financial and strategic factors is necessary when considering an business acquisition
A strategic acquisition can present a compelling opportunity for an energy business to expand its market share, enhance operational capabilities, and gain a competitive edge.… https://oilandenergyonline.com/articles/all/assessing-acquisition-opportunities/

What Speeds Up or Slows Down a Sales Process?

Seller information can make a merger or acquisition move more smoothly
Seller information can make a merger or acquisition move more smoothly When it comes to Mergers and Acquisitions, the transaction process timeline can vary widely based on… https://oilandenergyonline.com/articles/all/what-speeds-or-slows-down-sales-process/

Fuel Dispenser Pulsars Under Attack

The Latest Brute Force Threats to Your Business
The Latest Brute Force Threats to Your Business Garland, Heartland, Kemp, Canton, Mabank, Lindale, Palestine, Elkhart and Plano. These cities are all in Texas, but they’re not… https://oilandenergyonline.com/articles/all/fuel-dispenser-pulsars-under-attack/

These Benefits Can Help Improve Worker Retention

Start by finding out what your employees value
Start by finding out what your employees value In the evolving landscape of the business world, fostering an environment that nurtures employee satisfaction and retention is… https://oilandenergyonline.com/articles/all/these-benefits-can-help-improve-worker-retention/

The Imperative of Cloud-Based Data Security

Cloud-based solutions offer greater security, scalability, and access than traditional data management.
Cloud-based solutions offer greater security, scalability, and access than traditional data management In the dynamic and ever-evolving world of energy distribution, heating oil… https://oilandenergyonline.com/articles/all/imperative-cloud-based-data-security/

Innovative Financing Solutions for Energy Businesses

Growth capital doesn’t need to come from a traditional bank loan
Growth capital doesn’t need to come from a traditional bank loan As small- to medium-sized businesses (SMBs), energy retailers often face challenges when it comes to securing the… https://oilandenergyonline.com/articles/all/innovative-financing-solutions-energy-businesses/

Service, Support and Collaboration Separate Payment Partners From a Payment Processor

Fuel retailers and wholesalers can drastically reduce their out-of-pocket costs by collaborating with a payment partner rather than a payment processor to manage their digital transactions
Fuel retailers and wholesalers can drastically reduce their out-of-pocket costs by collaborating with a payment partner rather than a payment processor to manage their digital… https://oilandenergyonline.com/articles/all/service-support-and-collaboration-separate-payment-partners-payment-processor/

Capital Allocation Strategies for Sustained Growth in an Energy Business

Four ways to increase profits and market share
Four ways to increase profits and market share Capital allocation is the process of deciding how to allocate a company’s resources to maximize their impact and value. It is one… https://oilandenergyonline.com/articles/all/capital-allocation-strategies-sustained-growth-energy-business/

Is an Investment in a Bulk Storage Plant a Good Move?

First, determine if the benefits outweigh the risks
First, determine if the benefits outweigh the risks With the ever-changing dynamics of the energy market, heating oil and propane dealers are faced with new challenges and… https://oilandenergyonline.com/articles/all/investment-bulk-storage-plant-good-move/

Why You Need a Comprehensive Compensation Policy

Your most potent tool to retaining quality employees
Your most potent tool to retaining quality employees In the competitive landscape of the modern business world, the success of a propane or heating oil company, like any other,… https://oilandenergyonline.com/articles/all/why-you-need-comprehensive-compensation-policy/

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