The following is a guest contribution which is geared towards the businesses in general. There are values to be had for you as an individual as well. Enjoy the post.
Competition is one of the bedrock foundations of a free economy, forcing both consumers and producers to eliminate waste in any way they can. Every business owner is aware of the ever-present competition, and challenging economic periods only make competition more aggressive.
If you expect your business to survive, you have to be looking for ways to improve the bottom line. Since raising prices is only rarely an option, that usually means removing waste.