In times of economic uncertainty, businesses must explore alternative income streams to safeguard their financial stability. While retail businesses are often susceptible to the impacts of a recession, non-retail commercial ventures have the advantage of diversifying their revenue sources. Learning what the best non-retail income streams can help protect your business during a downturn can provide you with valuable insight and strategies to ensure resilience and success.
Consultancy and Professional Services: Offering consultancy or professional services can be a lucrative income stream that leverages your expertise and knowledge.
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