Additional Revenue

Additional revenue refers to the extra income generated by a business beyond its regular sales. This can come from various sources, such as selling more products, launching new services, or earning income from investments or partnerships. For example, a restaurant might earn additional revenue by offering catering services or hosting events. Understanding and increasing additional revenue is important for businesses, as it can lead to higher profits, more resources for growth, and better financial stability. Essentially, it’s about finding new ways to make money that complement a company's core operations.