Sentences with phrase «diversified sources of revenue»

Having diversified sources of revenue is important for the same reason.
Like investments, your top priority in growing your business should be to diversify your sources of revenue.
Rather than seeking to merge with local rivals to avoid competition, regional banks should try to find other ways to diversify sources of revenue, FTC officials have said.
Over the past three decades, fee income has played an increasingly significant role on bank balance sheets.5 In 1999, the Federal Reserve Bank of Minneapolis noted that increased competition from deregulation and technological innovation was driving banks to seek new sources of revenue to remain profitable.6 In 2004, research from the Federal Reserve Bank of Chicago showed that the growth of fee income was the result not only of deregulation but also of an emerging sense among banks that fees could diversify their sources of revenue.7

Not exact matches

But Waghorn says Hess's wide range of oil reserves, including fields in Guyana, will help diversify its revenue sources in case prices stall at current levels.
«We currently derive a significant percentage of our revenue from a single source, the production of animated family entertainment, and our lack of a diversified business could adversely affect us.»
For this reason, it's important to learn how to diversify your revenue streams and not rely on earned income as the sole source of funds.
Falling oil prices around the world have meant that Canada must diversify its revenue sources and take advantage of other economic opportunities.
Bollinger points out that Wells Fargo can survive the flap in the long run because it has diversified revenue sources, market share in key financial products, a large national distribution network and a cheap base of deposits.
Many of Templeton's European holdings, in particular, source significant portions of their revenues from outside the region, yet investors have been focused only on their fiscally troubled domiciles despite their diversified revenue streams.
«We are determined to diversify our revenue sources as a means of increasing our income, and are working on strategies that will enable us to identify and pursue new funding opportunities in the government and corporate sectors,» she said.
«Upon completion of this acquisition, Griffin - American Healthcare REIT II will add a significant international presence to an already extensive national footprint, creating one of the largest and best diversified healthcare REITs in the world in terms of geography, revenue sources and asset types.
Cost - cutting is an obvious source of increased profits — but many companies are looking at the revenue side, too, diversifying their services to reduce their reliance on sales as their main income source.
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