There are only 3 ways to improve the ROI or profit of a project. Return On Investment(ROI)
1. Reduce the investment. If you lower the amount of money required up front without reducing the cash flow, then you will make a higher ROI.
2. Reduce the expenses. High expenses are a negative for any project. You need to spend time trying to reduce the project expenses to the minimum. The lower you go the higher the ROI.
3. Increase the revenue. Revenue is the opposite of expenses. When you increase the revenue, you will also increase the profit.
ROI improvement must come from one of these 3 sources.
