Increase efficiency. Get more done in less time.

Today's Top 5

Look for opportunities to add additional products, services, packages or expertise in addition to that which you currently offer. Electronics and appliance retailers offer extended warranties as an extra option.

As outlandish as the above headline may sound – it's possible to purchase thousands of dollars in profit each and every year – for a one-time investment of $500 or less.

Try to make it real easy for first-time customers to buy from you. You don’t have to sell new customers on the whole package or deluxe version of your product or service. Instead, offer something as an introductory level purchase.

Advertising gives you total control of your message and allows you to deliver it in a way that captures attention, interest, curiosity and response. Effective advertising is the engine that powers many successful businesses.

Whatever helps you stay positive is what you need to do first thing each morning…and whenever you find yourself getting off track. Negative messages may be all around, but you don’t have to be adversely affected by them.

Even a slight increase in efficiency daily can make a huge difference over the course of a month, a quarter, or a year. The improvement you make personally can produce compound returns as other staff members in turn increase their own efficiency. Any increase in efficiency translates into greater profitability. Carefully record time expenditures on a daily basis. You’ll soon spot obvious areas for improvement. Organize yourself and your business operations. Prioritize tasks. Eliminate time wasters. Economize meetings and communications by getting straight to the point.