How do you diversify the revenue streams of your company?

Reedex

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It is important to diversify the revenue streams of companies in order to make the business grow very quickly. The diversification could be offering Consulting services and some other things.
 
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IB D

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You can also diversify by offering new products or services to add with your established product/ services. In that way, you get Income from two sources which is a good thing for any business.
 

cherry123

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Yeah it is good to diversify ones income so that one can have different avenues of making money.A lot of people need to know diversifying ones income is very important.
 

Springtime

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I don't own a company. I am a freelancer working on translation. I am currently working on diversifying my revenue streams by offering business consulting service to start-ups and SMEs. I am getting pretty good feedback from a few potential clients.
 

Passiveearner

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I do not run a business. However, if i were to run any kind of business, then I would try as much as possible to diversify my investments and invest money in the right kind of project.
 
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