NEFI has a long history of providing industry-specific member benefits that reduce costs and paperwork, offer staff training, and more. NEFI has a long history of providing industry-specific member benefits that reduce costs and paperwork, offer staff training, and more. Recent changes to these benefits have made… https://oilandenergyonline.com/articles/all/new-and-improved-nefi-member-benefits-deliver-more-value/
While there are no federal requirements for companies to provide retirement plans for employees, many states have such mandates on their books While there are no federal requirements for companies to provide retirement plans for employees, many states have such mandates on their books. Retirement plans offer companies… https://oilandenergyonline.com/articles/all/retirement-accounts-enhance-business-and-employee-relations/
Businesses should include and engage workers when developing safety procedures to reduce musculoskeletal disorders. Businesses should include and engage workers when developing safety procedures to reduce musculoskeletal disorders. Nearly 30 percent of workers who experience pain at work don’t… https://oilandenergyonline.com/articles/all/nsc-study-employees-do-not-feel-safe-employers-believe/
As delivered fuel businesses reap significant tax advantages, they will also need to adjust to changing competitive dynamics As delivered fuel businesses reap significant tax advantages, they will also need to adjust to changing competitive dynamics Bottom Line Up Front: The One Big Beautiful Bill Act… https://oilandenergyonline.com/articles/all/obbb-and-your-fuel-business-summary/
Leveraging data-driven processes can help your company navigate potential pitfalls and chart a course to increased profitability Leveraging data-driven processes can help your company navigate potential pitfalls and chart a course to increased profitability Squeezing out maximum profitability from your… https://oilandenergyonline.com/articles/all/how-advanced-financial-analytics-can-fuel-your-energy-business/
There is a reason investors and potential buyers examine cash flow patterns before profitability: consistent, positive cash flow demonstrates operational efficiency and resilience in a notoriously challenging industry. There is a reason investors and potential buyers examine cash flow patterns before profitability: consistent, positive cash flow demonstrates operational efficiency and resilience… https://oilandenergyonline.com/articles/all/why-cash-flow-optimization-key-profitability-fuel-companies/
Are recent propane thefts unrelated low-level crimes, or something more sinister? Are recent propane thefts unrelated low-level crimes, or something more sinister? In the world of propane, expect the unexpected. Nine people were arrested for allegedly… https://oilandenergyonline.com/articles/all/safety-and-security-are-you-staying-ahead-game/
A well-structured transition ensures that the entrepreneurial spirit, hard work and values and traditions of the founding generation are not lost A well-structured transition ensures that the entrepreneurial spirit, hard work and values and traditions of the founding generation are not lost As the Baby Boomer generation… https://oilandenergyonline.com/articles/all/8-strategies-effective-wealth-transfer-business-succession/
Companies that can keep drivers and technicians happy won’t need to waste resources replacing staff that leave for greener pasture Companies that can keep drivers and technicians happy won’t need to waste resources replacing staff that leave for greener pasture The 2024 Gray, Gray & Gray Energy Survey… https://oilandenergyonline.com/articles/all/what-do-drivers-and-technicians-want/
How industry forecasts play into companies’ infrastructure investments and diversification plans How industry forecasts play into companies’ infrastructure investments and diversification plans The energy industry continues to grapple with a key question: how long will… https://oilandenergyonline.com/articles/all/long-term-demand-and-equipment-investments/
A Primer on Financing Options for Acquisitions A Primer on Financing Options for Acquisitions A business acquisition can be a pivotal moment in the lifecycle of a heating oil or propane company, offering the potential for… https://oilandenergyonline.com/articles/all/show-me-money1/
Propane equipment distributors now offer market knowledge, product demonstrations, business data, and much more Propane equipment distributors now offer market knowledge, product demonstrations, business data, and much more You probably know exactly where to go for your favorite tank set… https://oilandenergyonline.com/articles/all/get-most-value-your-propane-equipment-distributor/
Expanding your footprint adds layers of complexities to tax compliance Expanding your footprint adds layers of complexities to tax compliance For heating oil and propane distribution companies operating across multiple states, navigating the complex… https://oilandenergyonline.com/articles/all/tax-considerations-multi-state-operations/
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/
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/
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/
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/
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/
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/
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/
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