As year-end approaches, many propane retail businesses are looking at ways to take advantage of the Section 179 Deduction on equipment purchases they’ve made or are going to make before the end of the year. Many propane marketers are already aware that Section 179 of the IRS Tax Code allows a business to deduct, for the current tax year, the full purchase price of financed or leased equipment and software that qualifies for the
Recently, I spoke to Mike Svoboda, the Managing Partner of Axmen Propane about marketing tools he currently uses. In Svoboda’s 30+ years in the propane retail industry he says that direct mail is still one of his favorite marketing methods. He says, “With direct mail you can target specific areas better than any other
It wasn’t that long ago that a new bulk plant project consisted of a tank, concrete piers, and your good buddy who could help you with the bulkhead, piping and plumbing. But over the past 10-15 years new technology, systems and methods have changed. Traditional bulk plants built using bare tanks and concrete piers are still
Some of our bulk storage and residential tank manufacturing partners have begun to issue warnings about the rising cost of steel and the potential effect on storage vessel prices. They are telling us to let our customers know that tank prices may go up this year as a result of steel price increases. If you’re on the fence about a storage tank purchase or are thinking about replenishing your residential tank inventory, acting sooner than later might be a smart move.
Manufacturers of new propane bulk storage must conform to current ASME code and all new pressure vessels need to be National Board certified. Here’s why…
If you’re in the market for a new propane bulk storage tank, then you’ve probably made some calls and gotten some bids from multiple sources. What may have surprised you during the process is a bid that came in quite a bit lower than the rest. How can it be that one supplier has a price that is 20-30% less than the others? Did
This article was originally published in our monthly LPG Storage e-Newsletter on February 29, 2016. In the article, you can read about a growth strategy one successful propane business owner uses. The business owner we featured was our very own Mike Svoboda – managing partner at Axmen Propane and partner here