Although the fuel station franchise
requirements are fairly strict and the investment requirement
for a petrol garage is huge, it is possible to purchase
a petrol garage without being a millionaire. It is more
than money that counts, it is also experience, business
savvy, an excellent fuel station business plan and
the ability to procure finance.
Learn
more through our fuel station guide
Experience required
for petrol garages
If you have retail, business management,
sales and or a technical background, it will count in your
favour when you want to become a petrol garage owner.
Make sure you list the experience in such a way as to show
your accomplishments. If you simply state your job history,
your resume will look the same as that of most other candidates
for fuel station ownership. You need to draw your
experience back to the petrol garage to show relevancy.
Here is an example:
Job title: Manager of Fast Food Outlet
Business management
skills for petrol garages
Accounting, computer literacy, inventory
management skills, personnel management, marketing, and
tax skills will all be beneficial. If you have worked for
a salary most of your career, you needn't be concerned.
Read through Succeed, Your Business, and Financial Mail
etc. and get a feel for business management skills required
in most enterprises. Chances are good that you already have
these skills although you applied it at an employer. If
you owned a small business you will be able to demonstrate
the required skills in your petrol garage resume.
Without information it will be hard to make
the right buying decision and without knowledge of the industry,
requirements and how to make the projections, you will not
be able to write the fuel station business plan.
Finance
The biggest issue for most potential fill
station owners is financing. There are a number of institutions
that will provide financing for fuel station purchases.
They have a list of requirements such as security, a full
resume, background check and more. You will also be able
to get all the requirements and procedure for application
in the service station report. Knowing what documents
to get ready before application will not only help you succeed
in the application for finance approval, but it will also
speed up the process of buying a petrol garage.
Obtain all the information you require to
become a new franchisee of a fill station and gain a competitive
edge in the race for petrol garages in South Africa.