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Business Ideas Forum
Having an external source of income in your business.
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[QUOTE="CALVINDOL, post: 261221, member: 43757"] Sometimes it is not totally advisable for a business owner to only do well on the physical selling and rendering of goods and services to customers and clients who possibly patronizes his business in a particular day , week or month . But rather it is advisable for a business owner to widening out his marketing strategy so that he or she can get business revenue and income from more than one source and that is absolutely necessary for a business owner who is currently facing the problem of having competitors in business . This is totally true because having competitors in business simply means that you would not be the only one to have all the customers and client to yourselves but rather from time to time you would have to split some to your various competitors that is why in situations like this it is advised that a business owner not only do well on the physical selling of goods and services to customers and clients and possibly have an external source of revenue and funds to his or her business . There are a whole lot of ways of creating external income to your business and thanks to God that the internet has absolutely come into existence for people to monetize the use of internet website to showcase their business goods and services to members and two others living in different regions and countries of the world . You can possibly choose to rent a website or build your own website for the purpose of showcasing the business goods and services to potential customer and client all around the world . [/QUOTE]
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Having an external source of income in your business.
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