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How to increase your business profits - Part 3

Selling as a packageSelling as a Package. What if you could sell two or three items instead of one, virtually every time a customer buys from you?  Selling a package of products or services together works for many businesses - here's how...

Insurers delay €20 million rebuild of Portimão Retail Park

Portimao Retail Park destroyed by fireThe reconstruction of the Portimão Retail Park, destroyed by fire last September, will cost an estimated €20 million, money that needs to be collected from various insurers, according to the president of the real estate company that manages the site.

The fire destroyed outlets of Continent, Moviflor, Radio Popular, DeBorla, Staples, Aki and Decathlon but the rebuilding is held up by complex negotiations involving multiple insurers.

How to increase your business profits - Part 2

Upselling - increase profitsAdd an Upsell. When times are hard it is often hard to think about increasing profits ...but in hard times good businesses often grow profits extremely fast.

The example of an Upsell always quoted is the McDonalds method. Whatever you buy at McDonald’s staff are trained to add a question when acknowledging your order.  They’ll say, “Do you want fries with that?”, “Do you want to supersize that?” or similar.

How to increase your business profits - Part 1

Increase your business profitsAdd a Deluxe Version of your Product or Service. This is one of my favourites. Most products or services can be repackaged and charged out with a higher price tag.