What are the main sources of revenue for the federal government? How does the government fund its many activities and plans, some of which are quite ambitious and expensive? The answer is that all the ...
For far too long, most CIOs have been insulated from the core missions of every business: generating revenue and profit, and delighting customers. But that old-fashioned construct is changing rapidly ...
Growing over the long term: Multiple revenue sources means sustainable long-term growth. This is because diversified income ...
Revenue accounts, as part of a ledger system, include sales revenue, services revenue, interest revenue and rent. For a beauty salon, all four of these broad revenue accounts in the ledger can be used ...
If you’ve been using the terms “revenue” and “income” interchangeably, it’s time to stop. Although they have much in common, there are crucial differences between these two financial terms. Business ...
A recurring revenue model boosts customer retention. If a customer tries your service once and leaves, you have little chance of fostering customer loyalty. In contrast, a recurring revenue model can ...
In 1998, Yom Kippur fell on September 30th. For most of the Jewish community, the date of the most important holiday of the year was no different than in other years. For me and my Jewish CEO boss, ...
There’s a reason that cities compete to host popular festivals, tournaments and tours. Live events create a “halo effect” ...
Not-for-profits face many challenges in recognizing their revenue. One of the primary challenges relates to assessing whether certain not-for-profit revenue transactions are actually contributions or ...