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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 Mon. March / 08 / 2021
Coronavirus: Ayurvedic home remedies for mild COVID symptoms (cough, fever and tiredness), by an Ayurvedi - Times of India
Coronavirus: Ayurvedic home remedies for mild COVID symptoms (cough, fever and tiredness), by an Ayurvedi  Times of India

7 Best Home Remedies To Get Rid Pimples And Acne Naturally, Also Remove Acne Scars - Yahoo India News
7 Best Home Remedies To Get Rid Pimples And Acne Naturally, Also Remove Acne Scars  Yahoo India News

Home Remedies: Try these natural remedies to tackle hearing loss - TheHealthSite
Home Remedies: Try these natural remedies to tackle hearing loss  TheHealthSite

Sweaty palms, armpits and feet? Count on these Ayurvedic home remedies - The Indian Express
Sweaty palms, armpits and feet? Count on these Ayurvedic home remedies  The Indian Express

Five effective home remedies to relieve sinus pain - Times of India
Five effective home remedies to relieve sinus pain  Times of India

Home Remedies For Low BP: 8 Easy Tips To Raise Low Blood Pressure - NDTV Food
Home Remedies For Low BP: 8 Easy Tips To Raise Low Blood Pressure  NDTV Food

Remedies From Yiayia - GreekCityTimes.com
Remedies From Yiayia  GreekCityTimes.com

Home Remedies For Hair Growth: How To Grow Hair Naturally With Good Food - NDTV Food
Home Remedies For Hair Growth: How To Grow Hair Naturally With Good Food  NDTV Food

Have mild COVID symptoms? Ayurvedic doctor shares effective home remedies - The Indian Express
Have mild COVID symptoms? Ayurvedic doctor shares effective home remedies  The Indian Express

In Zimbabwe, Covid-19 vaccine competes with herbal remedies - Quartz Africa
In Zimbabwe, Covid-19 vaccine competes with herbal remedies  Quartz Africa

2 Easy home remedies that actually WORK and will give you long and luscious hair without expensive treatments - PINKVILLA
2 Easy home remedies that actually WORK and will give you long and luscious hair without expensive treatments  PINKVILLA

Suffering from sinusitis? Try these effective home remedies to relieve pain, congestion - Times Now
Suffering from sinusitis? Try these effective home remedies to relieve pain, congestion  Times Now

Home remedies that cure a dry scalp - Times of India
Home remedies that cure a dry scalp  Times of India

Struggling with facial hair? Here are 3 simple home remedies to get rid of them - PINKVILLA
Struggling with facial hair? Here are 3 simple home remedies to get rid of them  PINKVILLA

Skin Health: Celeb Nutritionist Pooja Makhija Shares 2 Easy Home Remedies To Get Rid Of Acne - NDTV Food
Skin Health: Celeb Nutritionist Pooja Makhija Shares 2 Easy Home Remedies To Get Rid Of Acne  NDTV Food

Coronavirus Vaccine: Home Remedies For Side-Effects - India.com
Coronavirus Vaccine: Home Remedies For Side-Effects  India.com

3 Easy tips and helpful DIY home remedies to feel refreshed in the rising summer heat - PINKVILLA
3 Easy tips and helpful DIY home remedies to feel refreshed in the rising summer heat  PINKVILLA

Oral Thrush and Inhalers: Causes, Symptoms, and Treatment - Healthline
Oral Thrush and Inhalers: Causes, Symptoms, and Treatment  Healthline

Everything You Need to Know to Start a Natural Skin Care Routine - Healthline
Everything You Need to Know to Start a Natural Skin Care Routine  Healthline

Tension in Neck and Shoulders From Anxiety: 5 Home Remedies - Healthline
Tension in Neck and Shoulders From Anxiety: 5 Home Remedies  Healthline

Korean Home Remedies And K-Beauty Tips To Get Dewy, Glass Skin At Home - NDTV Swirlster
Korean Home Remedies And K-Beauty Tips To Get Dewy, Glass Skin At Home  NDTV Swirlster

Dogs should be taken to the vet if poisoned, not treated with at-home remedies - AFP Factcheck
Dogs should be taken to the vet if poisoned, not treated with at-home remedies  AFP Factcheck

Eliminate Bloating With These Simple Yet Effective Home Remedies - NDTV Doctor
Eliminate Bloating With These Simple Yet Effective Home Remedies  NDTV Doctor

Virus in Vermont: Single dad, a refugee with six children, homeless in a pandemic - vtdigger.org
Virus in Vermont: Single dad, a refugee with six children, homeless in a pandemic  vtdigger.org

Farting Blood: 11 Causes, Treatments, Concerns, and More - Healthline
Farting Blood: 11 Causes, Treatments, Concerns, and More  Healthline

From pacifying dry cough to treating dental issues: Count on these easy home remedies using walnuts - The Indian Express
From pacifying dry cough to treating dental issues: Count on these easy home remedies using walnuts  The Indian Express

Readers use a splash of amber Listerine for athlete’s foot - Houston Chronicle
Readers use a splash of amber Listerine for athlete’s foot  Houston Chronicle

Home remedies said to regain your sense of smell and taste after COVID - Extra.ie
Home remedies said to regain your sense of smell and taste after COVID  Extra.ie

New York Times Restaurant Critic Tries To Regain Sense Of Smell After COVID-19 - Texas Public Radio
New York Times Restaurant Critic Tries To Regain Sense Of Smell After COVID-19  Texas Public Radio

The 5 types of psoriatic arthritis - Medical News Today
The 5 types of psoriatic arthritis  Medical News Today

Effective Home Remedies to Treat Heat Stroke - Pragativadi
Effective Home Remedies to Treat Heat Stroke  Pragativadi

How to get rid of silverfish with home remedies, Mrs Hinch top tips and more - Real Homes
How to get rid of silverfish with home remedies, Mrs Hinch top tips and more  Real Homes

Tickle in Ear: Causes, Treatments, Prevention, and More - Healthline
Tickle in Ear: Causes, Treatments, Prevention, and More  Healthline

Live Now: Day 2 Of The Much-Awaited FeminaXGrazia Virtual Beauty Carnival - Femina
Live Now: Day 2 Of The Much-Awaited FeminaXGrazia Virtual Beauty Carnival  Femina

Throat irritation: Allerigies, cough, and more - Medical News Today
Throat irritation: Allerigies, cough, and more  Medical News Today

DR. WALLACE: Youth leaves after big fight with parents - Goshen News
DR. WALLACE: Youth leaves after big fight with parents  Goshen News

Shortness of breath when walking: Causes and treatments - Medical News Today
Shortness of breath when walking: Causes and treatments  Medical News Today

Fever with allergies: Is it possible, other causes, and treatment - Medical News Today
Fever with allergies: Is it possible, other causes, and treatment  Medical News Today

Top 10 ways to get a good night's sleep - University of Virginia The Cavalier Daily
Top 10 ways to get a good night's sleep  University of Virginia The Cavalier Daily

Coronavirus vaccination: Is it normal to feel a headache after getting vaccinated? Here's how you can resolve it - Times of India
Coronavirus vaccination: Is it normal to feel a headache after getting vaccinated? Here's how you can resolve it  Times of India

Itchy Teeth: Possible Causes, and How to Treat It - Healthline
Itchy Teeth: Possible Causes, and How to Treat It  Healthline

How to pass a drug test for weed–the ultimate guide Leafly Staff - Leafly
How to pass a drug test for weed–the ultimate guide Leafly Staff  Leafly

3 Easy ways to use honey in your skincare and haircare routine for the ultimate moisturisation - PINKVILLA
3 Easy ways to use honey in your skincare and haircare routine for the ultimate moisturisation  PINKVILLA

One of NC’s most COVID-stricken ZIP codes is in Raleigh. Meet the people who live there. - Raleigh News & Observer
One of NC’s most COVID-stricken ZIP codes is in Raleigh. Meet the people who live there.  Raleigh News & Observer

One year of Covid-19 in Detroit: Upheaval, grief, loss and 'Moses, give me a pass' - Deadline Detroit
One year of Covid-19 in Detroit: Upheaval, grief, loss and 'Moses, give me a pass'  Deadline Detroit

Fact check: No, Coca-Cola does not get rid of head lice. That's a myth. - USA TODAY
Fact check: No, Coca-Cola does not get rid of head lice. That's a myth.  USA TODAY

Coronavirus home remedies: Treatment options and when to seek help - Medical News Today
Coronavirus home remedies: Treatment options and when to seek help  Medical News Today

Is Masturbation a Hangover Cure? - InsideHook
Is Masturbation a Hangover Cure?  InsideHook

Can a UTI Delay Your Period? What Research Says - Healthline
Can a UTI Delay Your Period? What Research Says  Healthline

Home Remedies and Lifestyle Changes to Help Your Back Pain - Health Essentials from Cleveland Clinic
Home Remedies and Lifestyle Changes to Help Your Back Pain  Health Essentials from Cleveland Clinic

Pain in chest when swallowing: Causes, treatments, and pain relief - Medical News Today
Pain in chest when swallowing: Causes, treatments, and pain relief  Medical News Today

Home Remedies Using Apple Cider Vinegar | INTEGRIS - Integris
Home Remedies Using Apple Cider Vinegar | INTEGRIS  Integris

Does peanut butter cause acne? Everything to know - Medical News Today
Does peanut butter cause acne? Everything to know  Medical News Today

Everything that you need to know about blind pimples | NewsBytes - NewsBytes
Everything that you need to know about blind pimples | NewsBytes  NewsBytes

Try these natural remedies to get rid of the 3 most common types of headaches - Jagran English
Try these natural remedies to get rid of the 3 most common types of headaches  Jagran English

6 home remedies for asthma - Medical News Today
6 home remedies for asthma  Medical News Today

Can home remedies help my sciatica? - Harvard Health - Harvard Health
Can home remedies help my sciatica? - Harvard Health  Harvard Health

Easy home remedies to cure sore throat - The Indian Express
Easy home remedies to cure sore throat  The Indian Express

Tired of Cough Drops? Try These 5 Home Remedies for Cough - EcoWatch
Tired of Cough Drops? Try These 5 Home Remedies for Cough  EcoWatch

Home remedies for insomnia: 9 options - Medical News Today
Home remedies for insomnia: 9 options  Medical News Today

6 home remedies to relieve headaches naturally - INSIDER
6 home remedies to relieve headaches naturally  INSIDER

Turning Food into Home Remedies Is My Love Language - Bon Appetit
Turning Food into Home Remedies Is My Love Language  Bon Appetit

6 natural home remedies to get rid of nausea - INSIDER
6 natural home remedies to get rid of nausea  INSIDER

Don't Slip! Try These Home Remedies For Removing Ice - Spectrum News
Don't Slip! Try These Home Remedies For Removing Ice  Spectrum News

Fighting the Sniffles? Try These Traditional Indian Cold Remedies - Healthline
Fighting the Sniffles? Try These Traditional Indian Cold Remedies  Healthline

10 home remedies to get relief from cough - Times of India
10 home remedies to get relief from cough  Times of India

Best home remedies for sunburn, according to dermatologists - TODAY
Best home remedies for sunburn, according to dermatologists  TODAY

Coronavirus: Indians seek ancient home remedies to boost immunity - South China Morning Post
Coronavirus: Indians seek ancient home remedies to boost immunity  South China Morning Post

The best home remedies for asthma, like breathing exercises and natural herbs - INSIDER
The best home remedies for asthma, like breathing exercises and natural herbs  INSIDER

9 clinically proven natural remedies for common ailments - MD Linx
9 clinically proven natural remedies for common ailments  MD Linx

Home Remedies That Work - WebMD
Home Remedies That Work  WebMD

Home remedies for vaginal itching: Treatment, causes, and prevention - Medical News Today
Home remedies for vaginal itching: Treatment, causes, and prevention  Medical News Today

Dangerous Home Remedies for COVID-19 - Everyday Health
Dangerous Home Remedies for COVID-19  Everyday Health

What to take for nausea: What medications and home remedies work well? - Medical News Today
What to take for nausea: What medications and home remedies work well?  Medical News Today

Viral post claims several at-home COVID-19 remedies work, health officials can't back them - WXOW.com
Viral post claims several at-home COVID-19 remedies work, health officials can't back them  WXOW.com

5 effective home remedy for shortness of breath - Times of India
5 effective home remedy for shortness of breath  Times of India

Home remedies for common cold - Times of India
Home remedies for common cold  Times of India

Sciatica pain treatment: Medical options, exercises, and home remedies - Medical News Today
Sciatica pain treatment: Medical options, exercises, and home remedies  Medical News Today

8 science-backed home remedies to soothe coughing naturally, according to doctors - INSIDER
8 science-backed home remedies to soothe coughing naturally, according to doctors  INSIDER

6 Foods And Home Remedies To Combat Acidity - Expert Reveals - NDTV Food
6 Foods And Home Remedies To Combat Acidity - Expert Reveals  NDTV Food

VERIFY: Can at-home remedies help treat COVID-19? - WCNC.com
VERIFY: Can at-home remedies help treat COVID-19?  WCNC.com

Goodbye dull skin: 5 simple home remedies to rejuvenate your skin - Hindustan Times
Goodbye dull skin: 5 simple home remedies to rejuvenate your skin  Hindustan Times

5 natural home remedies to get rid of cold sores fast - INSIDER
5 natural home remedies to get rid of cold sores fast  INSIDER

Best home remedies to treat herpes: Examples and research - Medical News Today
Best home remedies to treat herpes: Examples and research  Medical News Today

The 4 best home remedies to cure your hangover naturally - Insider - INSIDER
The 4 best home remedies to cure your hangover naturally - Insider  INSIDER

Easy and affordable eyelash lift at home - All about lash lift - Times Now
Easy and affordable eyelash lift at home - All about lash lift  Times Now

Simple and effective home remedies for constipation - Times of India
Simple and effective home remedies for constipation  Times of India

Is There a Home Remedy for Pink Eye? - Verywell Health
Is There a Home Remedy for Pink Eye?  Verywell Health

Liver Detox Home Remedy: Do Cleanses Work? Steps to Take - Healthline
Liver Detox Home Remedy: Do Cleanses Work? Steps to Take  Healthline

Stomach ache? Here are some home remedies from a nutritionist - The Indian Express
Stomach ache? Here are some home remedies from a nutritionist  The Indian Express

Prevent dehydration with these easy home remedies - The Indian Express
Prevent dehydration with these easy home remedies  The Indian Express

7 Natural Home Remedies for Your Dog - Treehugger
7 Natural Home Remedies for Your Dog  Treehugger

5 of the best home remedies for acid reflux - INSIDER
5 of the best home remedies for acid reflux  INSIDER

The 5 best home remedies for poison ivy, according to dermatologists - Insider - INSIDER
The 5 best home remedies for poison ivy, according to dermatologists - Insider  INSIDER

Smelly Scalp Causes, Natural Remedies, Medical Treatment - Healthline
Smelly Scalp Causes, Natural Remedies, Medical Treatment  Healthline

Witch Hazel for Sunburn and Other Natural Home Remedies - Healthline
Witch Hazel for Sunburn and Other Natural Home Remedies  Healthline

Miracle home remedies for dry hair | Times of India - Times of India
Miracle home remedies for dry hair | Times of India  Times of India

Dry eyelids: Causes, treatments, and home remedies - Medical News Today
Dry eyelids: Causes, treatments, and home remedies  Medical News Today

Bad Home Remedies for COVID-19 - U.S. News & World Report
Bad Home Remedies for COVID-19  U.S. News & World Report

Helpful herbs: Stay ahead of this year’s cold, Covid, flu season with home remedies - Burlington Times News
Helpful herbs: Stay ahead of this year’s cold, Covid, flu season with home remedies  Burlington Times News

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