Revenue Streams

Revenue streams are the various ways a business earns money. These can include selling products, offering services, or generating income from investments, subscriptions, or advertising. Each revenue stream contributes to the overall financial health of the organization. For example, a software company might earn money by selling software licenses, offering monthly subscriptions, and providing consulting services. Diversifying revenue streams can help businesses reduce risk and increase stability, ensuring they have multiple sources of income rather than relying on just one.