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What parts of your business are the biggest revenue drivers? If you want to cut back on costs and boost revenue, this will help you understand where you should be focusing your resource and where you should potentially cut back.
Monthly profit and loss statement under revenue.
Thanks Dear
If we need to talk on our business , so my previous work generating revenue from the following sources :
.......I agree with MR Omar Saad
First of all, you gotta understand the break-even point, it's the point when business starts to generates revenue, as for my last business, it's government, so specifically I can't answer that, but in general.
you need to develop cost-effective system, you also require to keep searching for new resources better qualify and lower cost, as for generating more revenues, marketing to help in sales for product awareness
FollooooooooooooooW .
Support the Answer above as it's brief and good
Thanks for invite , here in our company we collect our most revenues from free zones an fairs industry , and you can see they become from services sector
My business develops and generates income based on the skills and good will I acquired based on the services rendered to my clients. Thanks.
Business generate income by;
I) Distributor of product/services
1) Sale of goods/services divided into
a) Retail industry
b) Distribution
i) Dealers
ii) Institutions
c) Government sector
II) Manufacturing of goods
1) Manufacturer generate income by reducing the cost of production by procuring raw material at lower prices, Cheap labor, Subsidized assets from government, etc
2) Sale of goods through
a) Direct customer
b) Distributors
