Try this one, it's well rated, and a competition-winner:www.instructables.com/id/Space-saving-folding-techniques-for-cloths/ L
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That one ought to be a video!
Get into a routine always fold like things the same way. Don't make any movement that you don't need to. THere is not much to folding cloths so it's going to be hard to save much time. It would save a lot of time if you could trick someone else into folding them for you.