Causes of inconsistent income in business
- By Kera
- Business Talk
- 29 Replies
There are so many causes of inconsistent income in business. One of such is the lack of consistency in production capacity.
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One thing that you have to consider is your average living expenses and your income from the business to repay the loan.
Passive income is money that comes in without having to do any major work. Let's take selling a digital product online for example, you have created a digital product and you post it, then people start buying it. Which means it keeps generating money for you. Running a business also generate money for you no doubt, but you have to play an active role even when your expenses are low.