Raising Revenue

3 Ways to Add More Revenue Streams to Your Small Business

When you own your own business, you have to not only expect, but also plan for the natural ups and downs that you’re likely to face financially—especially in your first few years of operation. Some weeks it’s a feast and the next it can be a famine, making it desirable to find other ways to earn income so you’re more stable and able to withstand the “dry” seasons. One of the … [Read more...]

What is Revenue?

Revenue is the amount of money a company brings in from any of its business activities. Revenue can be accounted for in several different ways and can also be divided into “operating revenue” or “non-operating revenue”. Operating revenue is the revenue generated from a company’s core business, while non-operating revenue would be generated from the sale of asset or investment … [Read more...]

How the NFL Makes Its Money

If there is one thing we can all agree on, it’s that the National Football League is a financial juggernaut. In 2014, the National Football League raked in 7.3 billion dollars, with each of the league’s 32 teams taking home $226.4 million. This was an increase of more than twenty percent from 2013’s revenue. For many businesses, 7.3 billion dollars would be enough, but the … [Read more...]

4 Effective Ways to Cut Small Business Costs While Raising Revenues

Cutting costs isn’t always easy. And when you’re trying to operate a small business, it can be even harder. But when you can pull up your online bank statement and see a number other than straight zeros on the screen, the comfort that gives you and the amount of anxiety it reduces is more than worth the things that you may have to give up or change in order to get to that … [Read more...]

How to Increase Your Bottom Line Now

Sometimes the numbers just don’t work.  You need that bottom line to increase as soon as possible, like yesterday, but something just isn’t clicking.  It happens in every business at some time or another, but what can you practically do?  You already offer a great service or product at fair prices.  Customers are happy and there are plenty of them.  Business is booming but the … [Read more...]