There are many many things that a business can be, but in this article I am focusing on Multiple streams of income. In a nutshell, multiple streams of income means that your company is more So one way to make money. For example, sales of products and services you sell. These are Multiple streams of income. Why do we need? Here are five reasons: This a great for those of us our (time called as services for sale) is. Top Back to the time of sale if you do not work, you are earning money. So if you are in Holiday, sleep or relaxing weekend (CFSP), the economy has no money. But Suppose you sell their services in addition to one or two products, can create. For now you need to make A stream of passive income (ie passive needs, do not sell to anyone else and time). So, if you A nap or walk dogs can still get money for your business. (See Concept!) This applies in particular with the income streams are disabled. Basically you are without money Take your time. So, you spend time doing something else and still can enjoy Funds from a stream of passive income. It is a good way to use your time wisely. Instead ( Work for an hour to one hour paid, you can pay several times in different Form of an hour.) If you sold all that hard to deal with high value services that customers can find you. After All clients trust you and believe that they should get a good deal for your money. If For the low price of products or services, you the customer the option "to prove before A major project or several thousand dollars for advice plunking. Because you At first customer investment, you have the opportunity to protest their low fares. No matter what you offer a portion of your target market to be interested in signing him is not. Why? They prefer to do it yourself. Or maybe you do not have money to rent it. O Can and do you know you prefer to improve their skills. By A product or supplying a class or group of options is expanding its network. Are not only able to Help more people, but with even more money. Current revenue is less to lose to the disastrous. Not to be negative, But things happen. Industries to replace. Economies change. People want different things. If all Service offerings and services suddenly become obsolete, what happens to your business? Or, A likely scenario, what happens is you lose your biggest client? Or that a few large customers Time? Of course, eventually you will find other customers who care, but what happens in In the meantime? What if it takes a month or two or six? Bill certainly does not wait that long. But if Other sources of revenue, their services (or a jump in revenue product is no longer in the bath) Scary because you still have money in.