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Friday, September 30, 2022

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Companies See Better Results in Memorable Winter

Gray, Gray & Gray issues results of annual Oilheat survey
Gray, Gray & Gray issues results of annual Oilheat survey Gray, Gray & Gray, LLP Certified Public Accountants, of Canton, Mass., recently released the results of the firm’s… https://oilandenergyonline.com/articles/all/companies-see-better-results-memorable-winter/

Sealing the Deal

M&A Experts Offer Advice
M&A Experts Offer Advice Mergers and acquisitions are commonplace in the energy industry, and a panel of professionals with deal-making experience shared thoughts on the topic… https://oilandenergyonline.com/articles/all/sealing-deal/

Mixing Business and Family

Panel explores leadership, compensation, succession and more
Panel explores leadership, compensation, succession and more Family and business mix regularly in the energy industry, and company leaders face a unique set of management… https://oilandenergyonline.com/articles/all/mixing-business-and-family/

Is the Heating Oil Company Liable for Damage to a Home?

Document the cause and notify your insurer to improve your case
Document the cause and notify your insurer to improve your case The winter of 2014-2015 has already gone into the history books as the snowiest in New England’s history. Although… https://oilandenergyonline.com/articles/all/heating-oil-company-liable-damage-home/

How Much Should You Pay Family Members?

Sound policies and practices put business before family ties
Sound policies and practices put business before family ties Many companies in the oil and propane industry are family-owned businesses. The dynamics of a family business can be… https://oilandenergyonline.com/articles/all/how-much-should-you-pay-family-members/

HVAC Service Teams Train for Change

As companies diversify, service teams expand their skills
As companies diversify, service teams expand their skills Service managers everywhere agree that training is a great way to improve a company’s skill set, but the training… https://oilandenergyonline.com/articles/all/hvac-service-teams-train-change/

Working the Margins

Hedging experts offer advice on managing multiple uncertainties regarding price, weather and a patchwork of sulfur specifications
Hedging experts offer advice on managing multiple uncertainties regarding price, weather and a patchwork of sulfur specifications Each heating season brings its share of… https://oilandenergyonline.com/articles/all/working-margins/

Optimizing a Website for New Customers

Make it easy for prospects to embrace you.
Make it easy for prospects to embrace you. By Richard Rutigliano, PriMedia Inc. The most successful energy marketers are masters of creating great customer experiences, and… https://oilandenergyonline.com/articles/all/optimizing-website-new-customers/

The Buyer’s Dilemma

Fleet operators choose between industry standard equipment and lower-priced imitations
Fleet operators choose between industry standard equipment and lower-priced imitations Fleet managers are constantly walking a tightrope when it comes to deciding how to outfit… https://oilandenergyonline.com/articles/all/buyers-dilemma/

In M&A, Cash Is King

Buyers don’t want to wait on retained gallons
Buyers don’t want to wait on retained gallons Despite tight money and difficulty finding financing, the pace of M&A (merger and acquisition) activity in the retail energy… https://oilandenergyonline.com/articles/all/m-cash-king/

Are You Wearing Too Many Hats?

Owner’s time is too valuable to squander on routine tasks
Owner’s time is too valuable to squander on routine tasks Every business, including Oilheat and propane companies, should have an organizational chart that defines who’s in… https://oilandenergyonline.com/articles/all/are-you-wearing-too-many-hats/

Safeguarding the Filling Station

Lock America battles fraud and theft
Lock America battles fraud and theft Theft of credit card information from fuel dispensers at gas stations is a growing problem, but one manufacturer is helping stations… https://oilandenergyonline.com/articles/all/safeguarding-filling-station/

Control Workers Compensation Costs

Fuel Delivery and home comfort companies can reduce the cost of worker’s compensation insurance by taking firm control of their claims and losses. Patrick Donahue, Regional Risk Manager for Federated Insurance, explained how companies can control costs d…
Fuel Delivery and home comfort companies can reduce the cost of worker’s compensation insurance by taking firm control of their claims and losses. Patrick Donahue, Regional Risk… https://oilandenergyonline.com/articles/all/control-workers-compensation-costs/

Maximize Social Security Benefits

Social Security is a mystery to many Baby Boomers, but it is important to understand the rules in order to maximize one’s benefits. This is the message delivered by Gray Equity Management’s Daniel C. Romano during a seminar at the recent Southern New Engl…
Social Security is a mystery to many Baby Boomers, but it is important to understand the rules in order to maximize one’s benefits. This is the message delivered by Gray Equity… https://oilandenergyonline.com/articles/all/maximize-social-security-benefits/

Eric Slifka Offers Encouraging Words

EDITORS NOTE: Eric Slifka, CEO of Global Partners LP, delivered the keynote address at the recent Southern New England Energy Conference, held in Newport, R.I. The following is a… https://oilandenergyonline.com/articles/all/eric-slifka-offers-encouraging-words/

Taking a Fresh Look at Your Business

Chances are you are not managing your oil or propane company the same way you were running things 10 or 20 years ago. But did you arrive at the current state as a result of deliberate changes, or by happenstance? Did you purposely evolve the business to a…
Chances are you are not managing your oil or propane company the same way you were running things 10 or 20 years ago. But did you arrive at the current state as a result of… https://oilandenergyonline.com/articles/all/taking-fresh-look-your-business/

Cold Weather Improves Margins

Gray, Gray & Gray, LLP Certified Public Accountants, Westwood, Mass., recently released the results of the firm’s 23rd annual Oilheat Industry Survey. The survey was distributed to retail fuel oil and propane dealers throughout the Northeast and Mid-Atlan…
Gray, Gray & Gray, LLP Certified Public Accountants, Westwood, Mass., recently released the results of the firm’s 23rd annual Oilheat Industry Survey. The survey was distributed… https://oilandenergyonline.com/articles/all/cold-weather-improves-margins/

Marketers Discuss Diversification

Executives from energy companies discussed diversification during a panel discussion conducted at the recent 2014 Visions Conference.
Executives at three Northeast energy companies discussed their experiences with diversification during a panel discussion conducted at the recent 2014 Visions Conference.… https://oilandenergyonline.com/articles/all/marketers-discuss-diversification/

Avoid a Big Tax Bite When Selling Your Oilheat Business

For somebody in my line of work there is no worse feeling than walking into the closing of the sale of a business, only to have the seller turn to me and ask, “How much will I have to pay in taxes?” Argh!
For somebody in my line of work there is no worse feeling than walking into the closing of the sale of a business, only to have the seller turn to me and ask, “How much will I… https://oilandenergyonline.com/articles/all/avoid-big-tax-bite-when-selling-your-oilheat-business/

Maintaining Momentum Into the Next Heating Season

As I write this in late May there are still nights when my home heating system clicks on to fight off the late spring chill. Sales of both heating oil and propane were significantly stronger this year, and margins for most dealers remained steady.
The 2013-2014 heating season was one of the longest and coldest – and consequently one of the most successful – in recent memory. As I write this in late May there are still… https://oilandenergyonline.com/articles/all/maintaining-momentum-next-heating-season/

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