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Price: $(USD) 229
Course Level
Intermediate
Delivery Method
On-Demand Self-Study Course
Professional Development Credit Hours
2
Pre-requisites
There is no pre-requisite for this course.


Faculty

All on-demand self-study courses are written by members of our Faculty in their areas of expertise.

Accreditations

NASBA: Mennta Energy Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

CPD Certification Services: The CPD Certification Service works with Mennta Energy Solutions to ensure valuable knowledge is structured to complement the universal guidelines of Continuing Professional Development. Mennta Energy Solutions courses are approved by CPD at one credit per training hour.

BAC: Mennta Energy Solutions is pleased to be endorsed by the BAC for Independent Further Education as a Short Course Provider. Endorsement covers courses delivered in the UK only.

GARP: Mennta Energy Solutions is registered with GARP as an Approved Provider of Continuing Professional Development (CPD) credits.

Retail Fuels Pricing Management at Franchisee Operated Service Stations (ON-DEMAND) - RFPM


Course Summary

Retail Fuels Pricing Management at Franchisee Operated Service Stations is an online training course that explains essential business practices and procedures in retail fuels pricing at franchise operated service stations. Although the management of fuels pricing is the focal point and targeted outcome of the course, such pricing decisions depend on the consideration of a number of factors which will also be dealt with. Objective fuels pricing decisions depend on a reliable structured professional management process and analysis, not impulse or instinct. The macro and micro management of the matter as well as influencing factors are explained. The course principles are suitable for global, national and local application, providing the nature of the market in which the process to be applied has been correctly identified, and all relevant legal obligations are complied with.

Who Should Attend?


Course Content

You will learn to:

  • Recognise how to evaluate a market place (this is the mainly the responsibility of the franchisor, but franchisees need to be familiar with the process)
  • Point out in what circumstances fuels franchising would be adopted as a retail service station management mode and why
  • Identify the principles of retail fuels franchising and the obligations of a franchisor and of a franchisee
  • Select the policies, practices and procedures that must be developed and adhered to in order for businesses to succeed with this mode of retail service station management
  • Identify the critical success factors for the fuels pricing franchise management mode

 

Practice exercises and self-assessment quizzes are included to help reinforce key topics introduced throughout the course.

A comprehensive final test will be given at the end of the course.

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