Do you pass up opportunities and miss the boat?

If we restrict our thinking to conventional means, we may miss tremendous opportunities. In your business, look for new ways to use existing resources to generate additional income or cut costs.

For example, a retail chain saved money by burning wood delivery pallets instead of paying for disposal. In another instance, a junkyard operator increased his profits by developing a process for separating non-
magnetic metal from shredded auto bodies.

Evaluate the by-products of your business tp make sure you are not wasting money your revenue, or missing an opportunity to expand your revenue. Look for one way to change your thinking about waste and "extras" that might turn a losing venture into a winner.

Each piece of "rejected stone" that you can find a use for will add to your bottom line.

The badgers are not mighty folk, yet they make their houses in the rocks (Proverbs 30:26).

Scripture: The stone which the builders rejected has become the chief corner stone (Psalm 118:22).

 

 

Outline for developing a business plan