When it comes to running a business, it’s tempting to think all income is simply “money in the bank.” However, understanding the different types of revenue is essential for long-term business success. Revenue is the lifeblood of any business, but not all revenue is created equal. Some revenue streams offer stability and predictability, while others are unpredictable and require careful management. Knowing the nuances of revenue types—from recurring income to one-off sales—can empower business owners to make smarter decisions, optimize…