Kenyatta Lockett

Profit Generating Extras for your Business

If you own a small business or perhaps run a local restaurant then you’ll be aware how much the little extras an can help. From hiring one more staff member to finally replacing the old sign, you understand that changing the small things can make a big difference. That’s why your business will benefit from the little extras, that something small that will generate passive profit, returning your initial investment in a short time. Using these small tips you could generate thousands of dollars in extra profit every year.

Tip I: Deals!

Giving someone a good deal is always a guaranteed way to get them into your establishment. This idea is to dramatically reduce the price of certain popular products for a limited time, and in that time make your business grounds, whether shop or restaurant, a warm and friendly environment. Once the customers come for the deals, they will say that magical term, “Honey, I like this place”. And straight away you have repeat business. Deals can dramatically increase your repeat customers overnight.

Tip II: Games

Now this idea can be very hit and miss, if you think your establishment isn’t the sort of place for a game machine that’s because you haven’t found the right place for it. Also the success on this idea also very much depends on which type of game you buy. Arcade machines are genially where this is at, you need to find that niche game, that one that your customers will play. Once you’ve pinpointed a game your customers (not you) will like, then find a location in which it won’t be too intrusive to your general business.

Tip III: Beverage Dispensers

Beverage Dispensers are one of the best ways to generate a passive profit for your business, having been proven time and time again. Generally beverage dispensers will return the initial investment in only 2-3 months of purchasing, depending on customer usage. This estimate is even using conservative estimates of only selling 10 drinks per day. These type of self-service machines and great for small shops or restaurants, giving the customer more control over their drink selection. These machines use little money for maintenance and are generally more environmentally friendly.

These simple ideas can take your business into a new part of its life, generating that small extra bit of profit to help push those margins just a little bit more. But don’t just settle for these ideas, try and think of a few of your own. Don’t give up on your business, breath some new life into it today.

Try to add beverage dispensers to generate that extra profit. Visit Lancer Corp at lancercorp.com, or give them a call at 210-310-7000 for more information.

 

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