Factors Affecting Entrepreneurial Opportunities for Service Station Management and Operations

Abstract

Entrepreneurial opportunities for service station management and operation in the next several years were assessed quantitatively and qualitatively. The impact of four factors — consisting of the service stations, the dealers, the company practices, and governmental regulations — was considered. A decline in the number of service stations is anticipated; however, the independent dealer should be better qualified and should continue to dominate the retailing segment of the oil industry.