Practical guides on fuel reconciliation, tax strategies, and store-side margins — written by the team that does this every day.
Tax & Compliance
Gas stations collect sales tax across fuel, prepared food, packaged goods, tobacco, and more - each with different rates...
Operations & Bookkeeping
DSD vendor errors and unclaimed scan data rebates cost convenience store owners $500-2,000/month. Here is how to reconci...
Fuel Accounting
Jobber statement errors cost gas station owners thousands per year in overpaid invoices and missed credits. Here is how...
Profitability & Revenue
Tobacco margins are 15-20%. Prepared food hits 40-60%. If you are not tracking margins by category, you cannot see which...
Operations & Bookkeeping
A generic QuickBooks chart of accounts does not work for gas stations. You need fuel COGS by grade, store margins by cat...
Fuel Accounting
Wet stock reconciliation is the process of comparing physical fuel in your tanks against what the books say should be th...
Profitability & Revenue
Gas station business valuations typically use 2.5-4x EBITDA. The multiple depends on fuel volume, inside sales, location...
Profitability & Revenue
Buying a gas station costs $200K to $5M+. Here is the due diligence checklist, SBA financing process, and red flags that...
Profitability & Revenue
Fuel margins are razor-thin at 1-3%. Convenience store margins run 27-33%. Car wash margins hit 85-95%. If you blend the...
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