1.Put another MAJOR fight on free t.v and load the undercard with people you may want to build on in the future(like what they did with the final chapter). I say they should put a big fight, something the people would love to see like Ken/Randy. The best would be a title fight on T.V.(Sanchez vs St. Pierre)
2. Get more talent. The free agent pool is bigger then ever. Fedor/ Lindland/ Mayhem/ Trigg/ Condit/ Shields/ Rampage/ Herring/ Vitor/ Bontello/ Cro Cop/ Renzo/ Thomson/ Ludwig/ Shamrock...... the list just goes on. Get as many as you can/afford and add some depth to the UFC.
3. Introduce new weight divisions. I am not saying do them all at once. Do it gradually. I would like to see 145, 162-5, 177, 195, 215 or superheavyweight. Any of these division would be great. There are many fighter who are tweeners and would fit great into these divisions. I think a good idea would be to have a TUF with one of these division or something aswell. Don't necessarly have a champion from the get go, but this would be a big step for the sport.
4. Expand the business. Do shows in Canada, Japan, Mexico, England... wherever. Start trying to make UFC a worldwide sport. Do more PPV's a year, do more TV shows a year. Get more international fighters. Get more sponsers. Get more TV deals. A lot can be done to make UFC/The sport bigger then ever.