Profit Re-Generators

Stores and services will try to maximize their profits wherever possible.

A store will realize there is a cost to every square inch of their location so any wasted space is potentially wasted expenses and lost opportunity.

One thing to keep in mind is there are some profit re-generators that some might perceive as wasted space but others will realize allows them to maximize future profits.

An example would be a play area at a fast food restaurant. Some might see it as wasted space that doesn’t generate revenue or profit, others will realize that these will result in kids wanting to return again and again so while it didn’t generate revenue directly, it will allow the restaurant to generate profits going forward.

Be willing to look for potential profit re-generators when applicable, it can help establish long term sustainability for your business.

Have a great day!