Revenue Generation

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2 Oct 2022
1


In general, the term "revenue generation" refers to the process of earning money.
When a firm generates revenue, it signifies that it actively takes steps and procedures to earn money by selling its products and services.
Generating money for an individual entails undertaking activities that will eventually result in the creation of income for the individual, such as working at a job, making investments, or launching a business.
You will need to develop a revenue generating strategy to properly plan, carry out, and accomplish your goals, depending on the kind of money you want to earn and how much of it.

A business might, for instance, set a specific revenue goal for the year.

Then, in order for the company to be able to create things or provide services in exchange for payment, many business stakeholders like sales, marketing, research and development, finance, and other departments must collaborate.

References (Example)

[1] <name>, '<title>' (online, <year>) <link>.
[2] BULB, 'Write to Earn. Read to Earn' (online, 2022) <https://www.bulbapp.io/>

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