Becoming a propane distributor offers many opportunities, whether you’re looking to expand an existing business or start a new venture. As propane continues to be an essential energy source, the demand for reliable distributors remains strong. Here’s why becoming a propane distributor could be a smart move for you. A Growing Market The propane market… Continue reading Why Becoming a Propane Distributor is a Smart Move
Expanding a propane business poses a significant strategic decision: should you franchise or pursue organic growth? This article explores the benefits and challenges of each approach to help business owners make informed decisions. Understanding Franchising Franchising Defined: In franchising, a business (the franchisor) grants another party (the franchisee) the right to use its trademark or… Continue reading Propane Growth: Franchise or Build from Within?
The Propane Education & Research Council (PERC) has released its proposed budget plan for 2025, inviting public comment to ensure transparency and community involvement. This initiative underscores PERC’s commitment to engaging with stakeholders and promoting the sustainable growth of the propane industry. Overview of the Proposed Budget The proposed budget outlines PERC’s strategic priorities for… Continue reading Propane Council Publishes Proposed 2025 Budget Plan for Public Comment
Starting a new career is a significant challenge. Some individuals are compelled to make this transition out of necessity, while others are driven by the desire for a rewarding and prosperous career path. One sector that has proven to be an excellent solution for many is the propane industry. Why Opt for a Career in… Continue reading Fueling the Future: The Propane Industry’s Appeal for Aspiring Professionals
Eastern Propane Gas Inc. has achieved a significant milestone by successfully acquiring the business assets of R.B. Sahagen Inc., which operates under the name Blue Flame Gas Co. This strategic acquisition brings together two long-standing and respected companies in the propane industry. Based in Rangeley, Maine, Blue Flame Gas Co. has been a trusted full-service… Continue reading Eastern Propane Gas Inc. Acquires Blue Flame Gas Co.: A Propane Industry Merger
The propane industry is booming, with global market estimates at $87.58 billion in 2022 and an expected 5.2% growth rate by 2030. However, this growth brings increased insurance challenges for propane business owners due to the inherent risks in transporting hazardous materials. Understanding the Risks The Federal Motor Carrier Safety Administration (FMCSA) reports over 5,000… Continue reading Addressing Insurance Challenges in Propane Hauling
In the world of propane businesses, challenges are a part and parcel of daily operations. As entrepreneurs in the propane industry, you are no strangers to overcoming hurdles. Whether it’s supply chain complexities, regulatory compliance, or adapting to evolving market demands, these challenges often find their way to your desk because they require a seasoned… Continue reading Navigating Challenges Effectively: A Blueprint for Propane Business Owners
The value of a propane retailer’s business hinges on two primary drivers: the growth and sustainability of cash flow and the company’s operational and marketing strategies. While cash flow forms the foundation for valuing a propane company, the active and marketing practices influence the multiple applied to this cash flow. Not all cash flow is… Continue reading Enhancing Propane Retailer Value: Factors That Matter
