Gas Station Business 101 Podcast - How To Start, Run And Grow A Successful Gas Station Business

    In this episode I discuss the most important part of buying a business which is how to write a business plan. If you are looking to obtain financing from a bank, this is one document you cannot do without. This is truly the blue print of your business. A great business not only helps you to get the bank to finance your business but it also gives you a clear outline of what and how your business need to function and operate. It should also outline how you will be able to improve the business in the near future and generate more profit from it.  A great business plan should have these following items and I will touch on every one of them, so let's go through the list first: A well written cover page and a cover letter where you outline your objectives such as what business you are looking to buy, how much money are you needing as form of loan and what if any you are offering as collateral to secure the loan. Address that letter to the person in charge of lending. 1. A mission Statement2. Executive summery