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The set up of the business in the field of any business requires its procedures to be followed so that the business runs smoothly and without any hassle in the longer run. There are certain qualifications that have to be fulfilled in for opening a petrol pump in India so that there is less issues relating to the government requirements. Here, when a set up of the petrol Pumps are done, the government requires the owners or the proprietor to follow certain rules and regulation so that the business has to follow when the same is started. The reasons behind the obtaining of the license and following the rules and regulations required to start the business is to safeguard the business and to run the same with aptness in the procedures. There is lot of care that needs to be taken before understanding of the policy to start the business.Deciding about the investment:
The investment would be huge in case of the setting up of the petrol pumps. If the person wants to take a dealership then the cost of the same would range close to 12 – 30 lakhs. There are different locations where the Pumps are to be installed and the same would include for the rural sector of land and the urban sector of land. The urban areas would include the highways. There is no definite system of profits being aligned with regard to the rural or the urban sector as they differ with the location where the pumps are installed.
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