The Below the Line Club Suppliers periodically write educational articles relevant to the petroleum distribution and convenience store industries. Below are some of those articles.
Declaring the COVID-19 Pandemic an economic disruption at this point is an understatement… Here are five proactive steps to navigate this changed climate, eliminate surprise problems and come out on the other end with less financial stress:
Designing your food oﬀerings to better handle delivery, pick- up, and drive-thru. An open concept kitchen. A good example of this being done is Freshies.
There is always stress when we are working in our businesses, and stress creates adrenaline. The body is not meant to run on adrenaline for any great length of time…
Designated as “essential businesses” to remain open during the Coronavirus (COVID-19) quarantine, convenience stores are on the front lines. The pandemic has caused countless changes in the way food is purchased and sold, creating significant impacts on the fresh food industry.
Many of our clients in the fuel distribution business operate as part of a larger, integrated group of distinct businesses. For example, the overall group of companies may include a fuel distribution business, a retail gas and convenience store, trucking, home heating oil or propane business. Often, these clients find it beneficial, for a number of reasons, to organize each business within its own legal entity, with the group of businesses typically connected through common ownership and control and several key contractual arrangements.
Recently, we’ve been hearing a lot from our clients about house accounts. Many are processing their transactions manually either due to POS or price book restrictions or lack of a better process. Clients speak about how time consuming and labor intensive the process is…
The Securities and Exchange Commission (“Commission”) on June 5, 2019, adopted Regulation Best Interest (“Reg BI”), the centerpiece of its four-part regulatory revision that will impact the way broker- dealers (“BDs”) and registered investment advisers (“RIAs”) conduct business with “retail” investors (meaning you, me, Aunt Betsy and Uncle Charlie, and others we care about.)
The Hartley Company was founded in 1912, by W.H. Hartley when he built the country’s first service station located between Columbus, Ohio and the Pennsylvania state line.
Statistically, there is 100% turnover within the hourly workforce across all industries. In some cases it can be as high as 400%.
Legendary singer and songwriter Tom Petty had a way with words. He might as well have been referring to upgrading EMV dispensers when he sang, “The waiting is the hardest part.”