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Women Bring Valuable Perspective to the Propane Industry

Diversity in corporate environments can increase profits
Diversity in corporate environments can increase profits As we all know, there is a lot to learn in the world of propane. It seems that’s the case even more so now with… https://oilandenergyonline.com/articles/all/women-bring-valuable-perspective-propane-industry/

The Value of Professional Advisors

Smaller companies can benefit from Boards of Directors
Smaller companies can benefit from Boards of Directors Being the CEO of an energy business can be a lonely job. Like many other types of vertical business segments, the energy… https://oilandenergyonline.com/articles/all/value-professional-advisors/

The Importance of Understanding Your Customers

Leaders of successful businesses in the propane and fuel oil industry fully understand and appreciate the importance of really understanding their customer relationships
“I think our customers really like our products. And we’re always trying to do better.” – Steve Jobs, founder of Apple Like the late Steve Jobs, leaders of successful… https://oilandenergyonline.com/articles/all/importance-understanding-your-customers/

Secure Your Propane Tanks with a High Security Locking System

Decrease Your Potential Liability and Protect Your Cashflow
Decrease Your Potential Liability and Protect Your Cashflow The Liability Risks of Poorly Secured Tanks I probably don’t have to remind you of the periodic judgments against… https://oilandenergyonline.com/articles/all/secure-your-propane-tanks-high-security-locking-system/

Why Your Accounting Software May Be Holding You Back

Your financial management programs need to evolve with your business
Your financial management programs need to evolve with your business The demands of the energy market are relentless and continue to expand and accelerate. If you can’t react… https://oilandenergyonline.com/articles/all/why-your-accounting-software-may-be-holding-you-back/

The Post-IRA IRS

What does a bulked up Internal Revenue Service mean for your energy business?
What does a bulked up Internal Revenue Service mean for your energy business? The recently enacted Inflation Reduction Act (IRA) included nearly $80 billion dollars of additional… https://oilandenergyonline.com/articles/all/post-ira-irs/

Gray, Gray & Gray 2022 Energy Survey Results

Fuel dealers adopt new business strategies in response to labor challenges, rising costs
Fuel dealers adopt new business strategies in response to labor challenges, rising costs Energy industry accounting and advisory firm Gray, Gray & Gray, has released the results… https://oilandenergyonline.com/articles/all/gray-gray-gray-2022-energy-survey-results/

Measuring Operational Efficiency

Five key performance indicators for optimizing daily business activities
We have long been proponents of “measuring to manage,” the process of monitoring performance of business operations by capturing and measuring metrics through financial and… https://oilandenergyonline.com/articles/all/measuring-operational-efficiency/

Do These 6 Things NOW

Six Things Heating Fuel Dealers Can Do Now to Prepare for the Most Significant Winter in Our Industry’s History
Six Things Heating Fuel Dealers Can Do Now to Prepare for the Most Significant Winter in Our Industry’s History Sean Cota, NEFI President & CEO For many Main Street heating… https://oilandenergyonline.com/articles/all/do-these-6-things-now/

Invest in Your Expendability

Why you should build a business that does not need you
Why you should build a business that does not need you For many propane and fuel oil company owners, succession planning is a “someday” thing. As in, “I’ll get around to it… https://oilandenergyonline.com/articles/all/invest-your-expendability/

The Future Is Your Choice

Despite the energy crisis, we’re still in a seller’s market … but for how long?
Despite the energy crisis, we’re still in a seller’s market … but for how long? In today’s world, when owners are considering their transition strategy, there is a tremendous… https://oilandenergyonline.com/articles/all/future-your-choice/

This Is Personal

Don’t discount that side of selling your energy business
Don’t discount that side of selling your energy business M&A activity in the energy industry is at an all-time high. Whether it is the approaching retirement age of business… https://oilandenergyonline.com/articles/all/personal/

Are You Paying Enough to Compete for Employees?

Many companies plan to raise wages by more than 6% this year
Many companies plan to raise wages by more than 6% this year The energy industry has not escaped the nationwide labor crunch. A common concern we are hearing from our clients is… https://oilandenergyonline.com/articles/all/are-you-paying-enough-compete-employees/

Geary Promoted to Chief Legal Officer at Global

Fuel wholesaler Global Partners LP announced that Sean T. Geary has been appointed by the company’s Board of Directors to serve as chief legal officer, effective March 1, 2022.
Fuel wholesaler Global Partners LP announced that Sean T. Geary has been appointed by the company’s Board of Directors to serve as chief legal officer, effective March 1, 2022.… https://oilandenergyonline.com/articles/all/geary-promoted-chief-legal-officer-global/

9 Steps to Manage Your Way Through a Price Spike

How to prepare your company and customers for higher costs
How to prepare your company and customers for higher costs Crude oil and propane prices are at their highest level since 2014. The bargain basement prices seen during the… https://oilandenergyonline.com/articles/all/9-steps-manage-your-way-through-price-spike/

Adapting to a Shifting Energy Industry with the NEFI Energy Leaders Program

High-impact remote learning connects business executives with Dartmouth College faculty
High-impact remote learning connects business executives with Dartmouth College faculty The energy industry has been volatile for years — but with emerging geopolitical… https://oilandenergyonline.com/articles/all/adapting-shifting-energy-industry-nefi-energy-leaders-program/

Six Steps to a More Resilient Organization

Strategic planning provides direction in turbulent times
Strategic planning provides direction in turbulent times It has never been easy to run a successful energy company. But the array of obstacles lining up to impede the path to a… https://oilandenergyonline.com/articles/all/six-steps-more-resilient-organization/

Buyer and Seller Wish Lists

What each party wants out of an acquisition
What each party wants out of an acquisition Despite a global pandemic, fluctuating oil prices, tight propane supplies, and pressure from politicians pandering to the… https://oilandenergyonline.com/articles/all/buyer-and-seller-wish-lists/

NEFI & Women in Energy to Offer Harassment Awareness Training

Industry-wide program will deliver valuable human resources tools for liquid heating fuel business managers
Industry-wide program will deliver valuable human resources tools for liquid heating fuel business managers The National Energy & Fuels Institute (NEFI) and Women in Energy… https://oilandenergyonline.com/articles/all/nefi-women-energy-offer-harassment-awareness-training/

Diversification for the Next Generation

Energy business consultants offer advice on expansion and succession planning
Energy business consultants offer advice on expansion and succession planning Whether tomorrow’s homes are heated by renewable liquid fuels, electric heat pumps, or some… https://oilandenergyonline.com/articles/all/diversification-next-generation/

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