Definition of «multiple revenue streams»

The term "multiple revenue streams" refers to having several different sources of income, rather than just one. This can help businesses and individuals become more financially stable by diversifying their earnings potential. Having multiple revenue streams means that if one source of income decreases or becomes unavailable, there are other sources available to make up for the loss. It also allows for greater flexibility in managing finances and planning for the future.

Sentences with «multiple revenue streams»

  • Do you want to build an author business with multiple revenue streams, paid speaking opportunities and corporate sponsors? (nonfictionauthorsassociation.com)
  • Hopefully, you can now see how important it is to create multiple revenue streams in order to ensure your long term financial stability. (wealthlift.com)
  • Whether you are an individual or represent a group or organization, this investment platform provides a simple and rewarding opportunity to receive healthy returns created from multiple revenue streams. (canopysouth.com)
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