In the Know: Increase revenue with the right fee structure
September 4, 2023 By Adam Zoellner and Sean McCann
Propane Resources’ Adam Zoellner and Sean McCann discuss ways a propane retailer can increase revenue to meet margin goals.
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Propane Resources’ Adam Zoellner and Sean McCann discuss ways a propane retailer can increase revenue to meet margin goals.
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Gray, Gray & Gray partners explain ways to keep cash flow steady to pay bills in the offseason and retain enough money to prepare for the busy season.
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Performance-minded propane marketers continuously pursue solutions that improve customer service and productivity, in order to make their company…
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As spring approaches each year, propane marketers find it increasingly difficult to control their cash flow and outstanding…
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With the price of oil topping $100 per barrel amid a sputtering overall economy, propane marketers and customers alike spent much of the 2007-08 winter heating season struggling to cover their costs. And while some regions saw record-setting snowfalls, bitterly cold temperatures, crippling ice storms and widespread power outages, other parts of the country experienced way too much warmth to pump appropriate amounts of propane.
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The rising cost of propane, coupled with limited federal home-heating assistance for low-income families, is not only putting the squeeze on customers but retailers as well.
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Nothing else matters if you can’t pay your bills.
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We all are basically in the same business, yet it is a curious fact that many of us see value in a very different way. This difference is important to understand as we attempt to grow and presumably increase the value of our companies.
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Changing market dynamics often lead to additional debt financing requirements for companies active in the LPG business. Management needs to access the required capital, at a competitive interest rate and with the best available terms and conditions while maintaining a capital structure flexible enough to respond to yet additional changes in the Company’s competitive landscape.
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Here in Ohio, the perception of business conditions among small businesses is falling like the mercury during a January cold snap.
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