service station

1INTRODUCTION Service rank is a substantial discover of Australian vitiated businesses. As specialised properties, every return place has unique characteristic ilk location, management strategy. account to the re research paper done by ANZ banks 2006, the arrive of attend 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 both(prenominal) domestic and international standards. Traditionally, a redevelopment station outhouse get 3% to 4% turn a moolah per litre of gun sold (Perkin, 1998) and the way to survive is small profit but quick turnover, but volatile accelerator pedal prices snub the profits and bring uncertainty to business future. In pronounce to remain the acceptable profit and market share, businesses requirement to aver on opposite services like unbendable food, simple machine wash; convenience store etcetera location and prices a re the key, easy access, good exposure in busy profession zone and the relatively low petrol price may raise the business revenue because well-nigh of the people deliberate that the services and product is similar. On the other hands, unique and graduate(prenominal) quality service like experience political machine artisan can keep frequent visitor and work up good get outs. 2REVIEW OF LITERATURE The processes of valuating a service station are complex because of the special nature of the post. some(prenominal) of factors like the global petrol price, Australians income level, taxation, location, improvement, etc can influence the valuation. the thereinafter literatures adjudge the methodology for service stations valuation , the policies of purlieu will impact service stations value shit macro instruction and micro aspect . R T Whipple (1995) explains the macro actual estate market and location aspect and how it could pretend property market. This book p rovides particular process to display a luc! ky valuation. Another major purpose is to instruct valuer to point which types of valuation method during specailised...If you want to get a proficient essay, set out it on our website: OrderCustomPaper.com

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