In a nutshell, multiple streams of income means your business has more than one way to make money. For instance, you sell products and you sell services. Those are different streams of incomes. But that's just the beginning. Below are 10 ideas of different income sources you can use to increase your business's bottom line:
Sell a variety of services. Or you can bundle your services into packages depending on what your typical client is looking for. But be careful about this one. Don't spread yourself too thin. You want to offer a few different services or a choice of packages, but you don't want too many options because it's very difficult to market yourself effectively.
Read Michele's entire article 10 Income Streams You Can Add to Your Business (And Increase Your Bottom Line)
Michele PW, our official Advertising/Marketing Online Expert