Income Tax

कम मेहनत मे Regular Income कैसे बनाएँ? Passive Income | Recurring Revenue |


कम मेहनत मे Regular Income कैसे बनाएँ? Passive Income | Recurring Revenue |

In this article, we build a solution program around which can be generated by following these simple steps. Read this full article till the end for iconic success and growth. This article is for all business people, start-ups, entrepreneurs.

Passive Income

If you want to earn a regular income than you must earn Passive Income. Here, Passive income is when you continue to get paid after the work is done. The Followings are the list of Income which including in Passive Income.

  • Write a Book and earn royalties from it.
  • Movies or Song.
  • Income from real estate investments.
  • Dividend Income.
  • Rental Income.
  • Peer-to-Peer Lending.

Passive Income is an Income where you make an investment where you don’t have to be present to earn it. Therefore, Person Earning Passive income is receiving a cash flow on a regular basis. There is no effort require by the recipient to maintain it.

A doctor, a lawyer, an accountant will earn money till they actively do the work. If they take a day off, they will not earn a single penny for that day. And an Entrepreneur will develop a business method that constantly makes him money. Every successful person pursued his/her passion and that’s why they are earning a huge load of money.

Recurring Revenue

Recurring revenue is the portion of a company’s revenue that is highly likely to continue in the future. Recurring revenue is revenue that is predictable, stable and can be counted on in the future with a high degree of certainty.

Hence, Following are the ways of earning Recurring Revenue.

  • Increase sales.
  • Increase expansion revenue

Read More Article:Top 6 ways of motivating people ,Impact of Tax Consideration on the dividend decision of a company ,5 Reasons Why You Should Start Saving Early

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