Revenue Stream Identification

Revenue stream identification involves recognizing the various ways a business can earn money. This includes identifying different sources of income, such as sales of products, services, subscriptions, or advertising. By understanding these streams, a business can strategically enhance profitability, diversify income sources, and reduce risks associated with relying on a single source. Essentially, it’s about figuring out how a company can generate money from its offerings and leveraging those opportunities effectively to achieve financial growth.