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Increase Business Profits - Ten Ways


How do you increase business profits? Answer the following questions carefully, and you'll have a good start.

1. Can you increase the average sale? A restaurant with 25% profit margins might make 50% on additional sales to existing customers (less labor to bag one large order than two smaller ones). Asking "What would you like to drink with that?" works, and it's just a start.

2. What's the least expensive way to get a customer? Before you spend another thousand dollars advertising to get new customers, could you get as much business by spending a few hours contacting previous or existing customers?

3. What low risk ideas can you try? I once sent a letter to several visiting basketball teams, inviting them to visit our restaurant, and giving the coach a free meal as an incentive. The cost? Two dollars. The pay off was two busloads of customers. At that rate, you could increase your business profits even if nine out of ten ideas fail.

4. Have you tested prices? I knew a store that sold a product for a $1.05, that cost them $1.00. At a price of $1.20, it is doubtful that they'd lose half their sales, but if they did, they'd still make twice the profit. Some things even sell better at a higher price. Test.

5. Can you measure your advertising results? How do you know that you're not spending more for a customer than they're worth? Coupons, customer surveys and other methods of measurement are a must.

6. How do you know your customers are satisfied? The worst restaurant meal we ever ate went down without a comment, but we never returned to that restaurant. Maybe the owner should be talking to the customers.

7. Can you enhance the percieved value of your product? Years ago, I sold walking sticks for $10 at flea markets, and $20 at craft shows. Sometimes location alone can enhance the percieved value of a product. What else can you do?

8. What are similar businesses doing? See what your successful competitors are doing. Can you do the same?

9. What other products can you sell? There's a reason stores have candy and magazines near the checkout. Extra sales are a great way to increase business profits.

10. Can you use your customers as salesmen? Word of mouth is a start, but what other ways can you get your customers to bring their friends to you?

These were culled from a longer list. I call it "stolen business ideas," because I can't credit the original authors. I took them where I found them over the years, with grattitude, but without notes.

Steve Gillman has been studying every aspect of money for thirty years. You can find more interesting and useful information on his website; http://www.EverythingAboutMoney.info


Todays News by officejax free advertising and ad exchange solutionsMORE RESOURCES updated Fri. November / 15 / 2019
6 Home Remedies for Cystic Acne That Work - YouBeauty
6 Home Remedies for Cystic Acne That Work  YouBeauty

Fever home remedies: Adults, children, and infants - Medical News Today
Fever home remedies: Adults, children, and infants  Medical News Today

7 Best Home Remedies to Soothe Itchy Skin - How to Relieve Itching - Prevention.com
7 Best Home Remedies to Soothe Itchy Skin - How to Relieve Itching  Prevention.com

World Diabetes Day 2019: Control Your Blood Sugar Levels Naturally With These Effective Home Remedies - NDTV News
World Diabetes Day 2019: Control Your Blood Sugar Levels Naturally With These Effective Home Remedies  NDTV News

Do Home Remedies Actually Work for Yeast Infections? - Health Essentials from Cleveland Clinic
Do Home Remedies Actually Work for Yeast Infections?  Health Essentials from Cleveland Clinic

Flaky eyebrows: Here are 7 natural ways to get rid of brows dandruff - Times of India
Flaky eyebrows: Here are 7 natural ways to get rid of brows dandruff  Times of India

Home remedies: Weathering those wrinkles | Human Interest - The Union Leader
Home remedies: Weathering those wrinkles | Human Interest  The Union Leader

Best home remedies for a sore throat - Times of India
Best home remedies for a sore throat  Times of India

The Best At-Home Remedies For Dry & Chapped Lips By Rebecca Fearn - Bustle
The Best At-Home Remedies For Dry & Chapped Lips By Rebecca Fearn  Bustle

Ask the Doc: Common Cold? Home Remedies That Help! - Georgia Voice
Ask the Doc: Common Cold? Home Remedies That Help!  Georgia Voice

Sore Throat: FIND OUT the symptoms, home remedies & treatment for sore throat - PINKVILLA
Sore Throat: FIND OUT the symptoms, home remedies & treatment for sore throat  PINKVILLA

Do you have dry skin? Try these 7 effective home remedies for happy skin - Times of India
Do you have dry skin? Try these 7 effective home remedies for happy skin  Times of India

Fears of parasites push people to post pictures of feces and seek dangerous remedies via Facebook - WRCB-TV
Fears of parasites push people to post pictures of feces and seek dangerous remedies via Facebook  WRCB-TV

Fact or fiction? We're putting Grandma's remedies to the test - KENS5.com
Fact or fiction? We're putting Grandma's remedies to the test  KENS5.com

Hair Care Tips: THESE home remedies can help you treat winter hair problems - PINKVILLA
Hair Care Tips: THESE home remedies can help you treat winter hair problems  PINKVILLA

Beat smog the healthy way: Rujuta Diwekar's quick-fix remedies to boost immunity - Economic Times
Beat smog the healthy way: Rujuta Diwekar's quick-fix remedies to boost immunity  Economic Times

World Pneumonia Day 2019: 4 Quick And Effective Home Remedies To Get Relief From Pneumonia Symptoms - Doctor NDTV
World Pneumonia Day 2019: 4 Quick And Effective Home Remedies To Get Relief From Pneumonia Symptoms  Doctor NDTV

On Facebook, fears of parasites push people to post pictures of feces and pursue dangerous remedies - NBCNews.com
On Facebook, fears of parasites push people to post pictures of feces and pursue dangerous remedies  NBCNews.com

Itching after a shower: Causes and remedies - Medical News Today
Itching after a shower: Causes and remedies  Medical News Today

What is Gingivitis? Know about causes, symptoms and home remedies to fix the gum disease - Times Now
What is Gingivitis? Know about causes, symptoms and home remedies to fix the gum disease  Times Now

What causes dry mouth? Prevention, treatment and 8 home remedies to ease the symptoms - Times Now
What causes dry mouth? Prevention, treatment and 8 home remedies to ease the symptoms  Times Now

Researchers Think They Have Discovered Why Humans Hiccup - PEOPLE Great Ideas
Researchers Think They Have Discovered Why Humans Hiccup  PEOPLE Great Ideas

Top ten home remedies passed down through the generations - Wales Online
Top ten home remedies passed down through the generations  Wales Online

Simple, effective home remedies to cure symptoms of a cough - Republic World - Republic World
Simple, effective home remedies to cure symptoms of a cough - Republic World  Republic World

Follow these home remedies to get rid of health problems caused by pollution - News Track English
Follow these home remedies to get rid of health problems caused by pollution  News Track English

Home remedies for tooth ache that can alleviate some symptoms - Republic World - Republic World
Home remedies for tooth ache that can alleviate some symptoms - Republic World  Republic World

How to Heal in a New Place - Marquette Wire
How to Heal in a New Place  Marquette Wire

Here's how coconut oil helps in curing sore throat - Times of India
Here's how coconut oil helps in curing sore throat  Times of India

Back Pain: Types Of Back Pain, Causes And Home Remedies That Can Offer Relief - NDTV
Back Pain: Types Of Back Pain, Causes And Home Remedies That Can Offer Relief  NDTV

Kurt Cunningham - Security Boulevard
Kurt Cunningham  Security Boulevard

Best Home Remedies For Removing and Reducing Scars From Measles and ChickenPox - Science Times
Best Home Remedies For Removing and Reducing Scars From Measles and ChickenPox  Science Times

12 Remedies To Cure Gout And Gout Pain At Home - SheThePeople
12 Remedies To Cure Gout And Gout Pain At Home  SheThePeople

How to remove blackheads naturally: Causes, prevention, home remedies to treat the condition once and for all - Times Now
How to remove blackheads naturally: Causes, prevention, home remedies to treat the condition once and for all  Times Now

CBD and Wellness Shop 'Your Remedies' Now Open in Federal Hill - SouthBMore.com
CBD and Wellness Shop 'Your Remedies' Now Open in Federal Hill  SouthBMore.com

Dengue in Caribbean: How to treat the fever with home remedies? - WIC News
Dengue in Caribbean: How to treat the fever with home remedies?  WIC News

Cold is quite common in winters: Home remedies to cure cold - Republic World - Republic World
Cold is quite common in winters: Home remedies to cure cold - Republic World  Republic World

Delhi pollution: As air quality worsens, use these home remedies to treat a cough or sore throat from smog - Times Now
Delhi pollution: As air quality worsens, use these home remedies to treat a cough or sore throat from smog  Times Now

Try these affordable and effective home remedies to stop your partner snoring — plus win £50k in the Sun Sa - The Sun
Try these affordable and effective home remedies to stop your partner snoring — plus win £50k in the Sun Sa  The Sun

Struggling with corns and calluses? Try THESE home remedies to treat them - PINKVILLA
Struggling with corns and calluses? Try THESE home remedies to treat them  PINKVILLA

Home remedies for chest congestion: How to get rid of mucus with ginger, honey and other natural products - Times Now
Home remedies for chest congestion: How to get rid of mucus with ginger, honey and other natural products  Times Now

Dark Neck Home Remedies: Here's how THESE remedies can whiten your neck - PINKVILLA
Dark Neck Home Remedies: Here's how THESE remedies can whiten your neck  PINKVILLA

How to Really Tell If You've Got a Cold or the Flu - GoodHousekeeping.com
How to Really Tell If You've Got a Cold or the Flu  GoodHousekeeping.com

Constipation in children: Home remedies to cure digestive disorder condition - Times Now
Constipation in children: Home remedies to cure digestive disorder condition  Times Now

Skincare problem before your big day? Try THESE home remedies to treat it before your wedding - PINKVILLA
Skincare problem before your big day? Try THESE home remedies to treat it before your wedding  PINKVILLA

How to prevent leg cramps? Causes, foods, prevention, other natural home remedies that provide relief - Times Now
How to prevent leg cramps? Causes, foods, prevention, other natural home remedies that provide relief  Times Now

Can you catch a cold from being cold? - Baylor College of Medicine News
Can you catch a cold from being cold?  Baylor College of Medicine News

Joint pain: Causes, foods, prevention, other natural home remedies that provide relief - Times Now
Joint pain: Causes, foods, prevention, other natural home remedies that provide relief  Times Now

Delhi Pollution: Rujuta Diwekar Gives 6 Tips To Beat Cough, Cold And Low Immunity Because Of Smog And Air Pollution - NDTV News
Delhi Pollution: Rujuta Diwekar Gives 6 Tips To Beat Cough, Cold And Low Immunity Because Of Smog And Air Pollution  NDTV News

Sinusitis: Is Change Of Weather Worsening Sinus Symptoms? Try These Home Remedies For Quick Relief - Doctor NDTV
Sinusitis: Is Change Of Weather Worsening Sinus Symptoms? Try These Home Remedies For Quick Relief  Doctor NDTV

World's First Vagina Museum Is Opening In London – We Take A Sneak Peek | HuffPost Life - HuffPost UK
World's First Vagina Museum Is Opening In London – We Take A Sneak Peek | HuffPost Life  HuffPost UK

4 Effective home remedies that'll help you get rid of dandruff & an itchy scalp - myRepublica
4 Effective home remedies that'll help you get rid of dandruff & an itchy scalp  myRepublica

Eliminate Bloating Post Diwali With These Effective Home Remedies - Doctor NDTV
Eliminate Bloating Post Diwali With These Effective Home Remedies  Doctor NDTV

What is teeth sensitivity? Causes, home remedies for sensitive teeth - Times Now
What is teeth sensitivity? Causes, home remedies for sensitive teeth  Times Now

Home remedies to heal toothaches: Clove oil, guava leaves and other natural products - Times Now
Home remedies to heal toothaches: Clove oil, guava leaves and other natural products  Times Now

World Diabetes Day 2019: Manage Diabetes With The Right Diet! Our Nutritionist Will Tell You How - NDTV News
World Diabetes Day 2019: Manage Diabetes With The Right Diet! Our Nutritionist Will Tell You How  NDTV News

Diwali 2019: Home remedies for burns - TheHealthSite
Diwali 2019: Home remedies for burns  TheHealthSite

Back In The Day: There are some practical ways to remedy headaches - The Philadelphia Tribune
Back In The Day: There are some practical ways to remedy headaches  The Philadelphia Tribune

Do you have chest pain? Here are 10 effective home remedies that can help tackle this problem - Times Now
Do you have chest pain? Here are 10 effective home remedies that can help tackle this problem  Times Now

Does saw palmetto treat hair loss? Use, side effects, and alternatives - Medical News Today
Does saw palmetto treat hair loss? Use, side effects, and alternatives  Medical News Today

Sushant Singh Rajput diagnosed with dengue, fans suggest remedies - Hindustan Times
Sushant Singh Rajput diagnosed with dengue, fans suggest remedies  Hindustan Times

How to stop snoring naturally: 11 home remedies for sleep without snores - Times Now
How to stop snoring naturally: 11 home remedies for sleep without snores  Times Now

Home remedies to avoid, cure neck pain - Yoga asanas, exercises a big help - Times Now
Home remedies to avoid, cure neck pain - Yoga asanas, exercises a big help  Times Now

Breast Cancer Awareness Month: Home remedies to help ease treatment side-effects - TheHealthSite
Breast Cancer Awareness Month: Home remedies to help ease treatment side-effects  TheHealthSite

DIY minty remedies for skin problems - Yahoo Sports
DIY minty remedies for skin problems  Yahoo Sports

Suffering from gout pain? These five home remedies will provide relief from gout - Times Now
Suffering from gout pain? These five home remedies will provide relief from gout  Times Now

Do you have acne on your back? THESE home remedies will help you get rid of it - PINKVILLA
Do you have acne on your back? THESE home remedies will help you get rid of it  PINKVILLA

Ankle Sprain: Here are simple & helpful home remedies to deal with it - Republic World - Republic World
Ankle Sprain: Here are simple & helpful home remedies to deal with it - Republic World  Republic World

Dark Circles: Causes and super easy home remedies to lighten them - Republic World - Republic World
Dark Circles: Causes and super easy home remedies to lighten them - Republic World  Republic World

Hair Care Tips: Detox your hair with THESE home remedies - PINKVILLA
Hair Care Tips: Detox your hair with THESE home remedies  PINKVILLA

Hiding your cracked heels? Know its causes, symptoms and easy home remedies to treat heel fissures - Times Now
Hiding your cracked heels? Know its causes, symptoms and easy home remedies to treat heel fissures  Times Now

Home remedies for piles: Causes, symptoms and natural treatment - Times Now
Home remedies for piles: Causes, symptoms and natural treatment  Times Now

Want to look younger? Here are 7 effective home remedies to get wrinkle-free skin - Times Now
Want to look younger? Here are 7 effective home remedies to get wrinkle-free skin  Times Now

Nausea home remedies: What to eat, what to avoid? Symptoms, causes, treatment, and cure for vomiting - Times Now
Nausea home remedies: What to eat, what to avoid? Symptoms, causes, treatment, and cure for vomiting  Times Now

Hernia: Causes, symptoms and home remedies to get relief from hernia - Times Now
Hernia: Causes, symptoms and home remedies to get relief from hernia  Times Now

Are you suffering from hiccups? Symptoms, causes, prevention, and home remedies to treat the condition - Times Now
Are you suffering from hiccups? Symptoms, causes, prevention, and home remedies to treat the condition  Times Now

Suffering from dry eye syndrome? Causes, treatment and home remedies to ease the symptoms of dry eyes - Times Now
Suffering from dry eye syndrome? Causes, treatment and home remedies to ease the symptoms of dry eyes  Times Now

How To Get Rid Of Hiccups – And Why We Get Them In The First Place - HuffPost Australia
How To Get Rid Of Hiccups – And Why We Get Them In The First Place  HuffPost Australia

Does weight gain cause arthritis? Symptoms, causes, treatment, and home remedies to cure the disease - Times Now
Does weight gain cause arthritis? Symptoms, causes, treatment, and home remedies to cure the disease  Times Now

Thyroid and hair loss: Symptoms, treatment, and outlook - Medical News Today
Thyroid and hair loss: Symptoms, treatment, and outlook  Medical News Today

Does your waxing session end with bumps and redness? Try THESE home remedies to soothe your skin - PINKVILLA
Does your waxing session end with bumps and redness? Try THESE home remedies to soothe your skin  PINKVILLA

Why deworming is important: Home remedies to get rid of intestinal worms - Times Now
Why deworming is important: Home remedies to get rid of intestinal worms  Times Now

Are you living with colitis? Symptoms, causes, treatment, and home remedies to cure the disease - Times Now
Are you living with colitis? Symptoms, causes, treatment, and home remedies to cure the disease  Times Now

World Diabetes Day: Homeopathy may help manage diabetes and other related conditions - Times of India
World Diabetes Day: Homeopathy may help manage diabetes and other related conditions  Times of India

Tea tree oil for nail fungus: Effectiveness, how to use, and side effects - Medical News Today
Tea tree oil for nail fungus: Effectiveness, how to use, and side effects  Medical News Today

Painful periods? Here are some home remedies to help ease menstrual cramps - Times Now
Painful periods? Here are some home remedies to help ease menstrual cramps  Times Now

Why does anaemia recur? Here are 5 effective natural home remedies to treat the condition once and for all - Times Now
Why does anaemia recur? Here are 5 effective natural home remedies to treat the condition once and for all  Times Now

Road sign for Renaissance man - News, events, information, PA - The Luminary
Road sign for Renaissance man - News, events, information, PA  The Luminary

Home remedies for muscle cramps - WTOP
Home remedies for muscle cramps  WTOP

6 best home remedies for lice - Medical News Today
6 best home remedies for lice  Medical News Today

How to Keep Your Christmas Tree Fresh Longer - Popular Mechanics
How to Keep Your Christmas Tree Fresh Longer  Popular Mechanics

At home skin care that won't break the bank - The Student
At home skin care that won't break the bank  The Student

In the throes of a cold you do what makes you feel better. But are you treating the symptom or the disease? - Toronto Star
In the throes of a cold you do what makes you feel better. But are you treating the symptom or the disease?  Toronto Star

Home remedies for Urinary tract infections: Things to know about causes and risk factors of UTI - Times Now
Home remedies for Urinary tract infections: Things to know about causes and risk factors of UTI  Times Now

What is gallstone? Symptoms, causes, treatment, prevention and natural home remedies to cure the disease - Times Now
What is gallstone? Symptoms, causes, treatment, prevention and natural home remedies to cure the disease  Times Now

Home remedies to strengthen your immunity against pollution - The Day After
Home remedies to strengthen your immunity against pollution  The Day After

Home remedies for heat rash: 12 natural methods - Medical News Today
Home remedies for heat rash: 12 natural methods  Medical News Today

The best home remedies for laryngitis - Medical News Today
The best home remedies for laryngitis  Medical News Today

15 Home Remedies for Oily Skin - Greatist
15 Home Remedies for Oily Skin  Greatist

10 Recipes for the Best Home Remedies to Fight Germs and Make You Feel Better - Parade
10 Recipes for the Best Home Remedies to Fight Germs and Make You Feel Better  Parade

Home remedies for pigmentation - Medical News Today
Home remedies for pigmentation  Medical News Today

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