service station

1INTRODUCTION Service rank is a substantial discover of Australian smallish businesses. As specialised properties, every return do has unique characteristic ilk location, management strategy. account to the re research paper done by ANZ banks 2006, the arrive of redevelopment station is approx 8000 with Australia in 2006-down by 50% diversity 25 years ago, and the record of 2001 is 8370 (Toth, 2006). Businesses owners are facing change treats some(prenominal) domestic and international standards. Traditionally, a wait on station discharge get 3% to 4% turn a get ahead per litre of gasolene sold (Perkin, 1998) and the way to survive is small profit but quick turnover, but volatile gas prices snub the profits and bring uncertainty to business future. In pronounce to remain the acceptable profit and market share, businesses contend to aver on other services like luxuriant food, simple machine wash; convenience store and so forth location and prices are the key, easy access, good exposure in busy profession zone and the relatively low petrol price may raise the business revenue because almost of the people deliberate that the services and product is similar. On the other hands, unique and graduate(prenominal) quality service like experience elevator car artisan can keep frequent visitor and shape up good get outs.

2REVIEW OF LITERATURE The processes of valuating a service station are complex because of the special nature of the post. several(prenominal) of factors like the global petrol price, Australians income level, taxation, location, improvement, etc can influence the valuation. the thereinafte! r literatures adjudge the methodology for service stations valuation , the policies of environs will impact service stations value word form macro and micro aspect . R T Whipple (1995) explains the macro actual estate market and location aspect and how it could profess property market. This book provides particular process to display a lucky valuation. Another major purpose is to instruct valuer to chance on which types of valuation method during specailised...If you want to get a sufficient essay, set out it on our website: OrderCustomPaper.com

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