For,Bigger,Faster,Profits,Keep business, insurance For Bigger, Faster Profits, Keep Your Business Simple and Ov
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Are you ready to earn BIG money? It's been proven over and over again the people who make the MOST money are those who own their own business.The average SMALL business owner, and I mean SMALL, earns more in their own business than they ever did working for someone else.And what about those businesses that fail? The US Small Business Administration says almost all those owners get back up and start a new business where they earn good money.These days most people already understand owning a business can greatly improve their lifestyle. What they usually don't know is just how to design their business so it generates maximum profits.Most would say common sense tells you the bigger the business, the BIGGER the profits. Grow your business into a multi-million dollar building, employ 200 people, spend $2 Million on advertising -- and hey, you MUST be making LOTS of money!But that very often IS NOT the case. A large restaurant may need to do $100,000 dollars in sales each month just to break even.What I'm getting to is THIS -- To make the most money FAST, keep your business SIMPLE. And keep your overhead LOW!Remember the old principle that is as true today as it was when Benjamin Franklin wrote it two centuries ago: a penny saved is a penny earned. All that money you DON'T spend can be counted as PROFITS.One of my favorite stories goes back to the very beginning of the McDonalds restaurant chain. McDonalds founder Ray Kroc visited the tiny McDonalds Brothers drive-in to find out why they were making so much money. What he found was the original McDonalds was keeping customers happy with just 9 menu items made with a dozen ingredients. Talk about simple!Not only that, but the first McDonalds required just a few minimum-wage employees, keeping labor costs very low.Kroc, who already owned his own coast-to-coast business, was impressed beyond belief at just how SIMPLE the first McDonalds was, and just how LOW the overhead. Kroc immediately understood that McDonalds was a huge profit maker, one that could be DUPLICATED around the country and eventually around the world.Recently I have been telling people to get into the food service industry. No matter how deep the recession goes, people will ALWAYS need to eat. Most restaurants see their sales go UP as many other industries watch their belts tighten.But just like Ray Kroc, I'm not a huge fan of running a BIG restaurant with a big expensive staff and huge monthly bills. There simply isn't enough room for profits. And keeping up with all the inherent complexity and headaches can drive an otherwise sane owner over the edge.Instead, I advise starting your own restaurant delivery business. You provide the one IN-DEMAND service MOST restaurants don't. You bring restaurants' delicious food to their customers, keeping a nice profit in your own business that is super simple and has remarkably low overhead.So what are you waiting for? Get started now. And keep your operation simple and profitable. Article Tags: Business Simple
For,Bigger,Faster,Profits,Keep