Running a stand-alone gas station without any add-ons is tough not just in Connecticut but anywhere in the United States. If you have easy access to fast and easy gas station funding in Connecticut, you can at least think of adding value for more profits. The automobile gas on its own is a low-margin business with relatively higher outgoings. If you depend just on the sale of gas to grow your business, it is going to be quite difficult. Therefore, you should include value additions like a convenient store, air and water machines, billboards, digital signage and car wash among others in your gas station to make it profitable.
Over the last couple of years ever since the pandemic broke out, not just the gas station business but all kinds of businesses are facing tough times. It’s not that the pandemic is gone and has become history; rather, it’s making history by reappearing in newer variants nearly every quarter. The intensity may be less than what it used to be in the first wave but that isn’t helping businesses that have shut down as they went broke. In case your gas station is shut because you don’t have the cash to even pay for the main stock of your business – gas, don’t lose heart. You need not think “Will I ever find business funding near me in Connecticut to buy gas for my station?” There are good options available.
Need cash to procure stock for your convenience store?
The sale of gas on its own won’t give you. The kind of sales required to take your business to the next level. Hence, your most promising value addition, the convenience store will need to get stock up. Looking at the current times, you will need business loans in Connecticut to stock up your gas station convenience store.
It is the convenience store in many a gas station that is a net profit earner because every driver that pulls up at a gas station invariably buys something from the convenience store. Hence, it is always worthwhile to invest in a convenience store in your gas station but there are other value additions as well that are promising.
Investing in digital signage and billboard in your gas station
Digital signage can set your cash box jingling when the going is good and may get you even more profits than your convenience store depending on the location of your gas station. If any outdoor media agency agrees to install the digital signage and billboard in your gas station. you need not pay anything.
You may not find any such media agency installing the digital billboard or signage on your gas station. However, if you still feel it is promising, you can get hassle-free equipment financing to install the digital billboards and signage at your gas station where they attract the maximum attention.
It is also very important to know where to get hassle-free funding for meeting business needs. Not all lenders are flexible or even willing to understand the different types of risks in the different types of businesses. When you approach a top lender like Alternative Funding Group, you stand a much better chance of getting funded as they have flexible and simple terms of lending.