Exploring Peripheral Revenue Streams in Your Business

Revenue stream can simply be defined as a source of income or cash flow in a business. The idea is that your business, as a whole is involved in many activities that generate cash. This cash could come from direct sales, Wholesale, consulting, etc. Therefore you would have three revenue streams in this hypothetical. Many small businesses have a singular mode for generating revenue. For example the painter only generates cash by painting houses, office buildings, etc. The plumber only makes money
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