REVENUE= NO. OF UNITS SOLD X SELLING PRICE PER SHARE
REVENUE IS A SUPERSET OF PROFIT
WITHOUT PROFIT, REVENUE CAN BE EARNED
IT IS ALSO 2 TYPES:
1) OPERATING REVENUE
2) NON – OPERATING REVENUE
PROFIT
PROFIT = REVENUE- EXPENSES
PROFIT IS A SUBSET OF REVENUE
WITHOUT REVENUE, THERE CAN BE NO RPOFIT
PROFIT CAN BE 2 TYPES :
1)NET PROFIT
2) GROSS PROFIT
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1. COMPANIES HIRE AN INVESTMENT BANK TO ASSESS THE PRICE PER SHARE, TYPES OF SECURITIES AND THEIR IPO GOALS.
2. THE INVESTMENT BANK ACTS AS A BROKER BETWEEN THE COMPANY AND THE STOCK EXCHANGE TO HELP THEM SELL INITIAL SHARES.
3. A DATE IS SET FOR THE IPO (INITIAL PUBLIC OFFERING).
4. COMPANIES RECEIVE MONEY FROM THE IPO AND USE IT TO GROW THE BUSINESS AND GENERATE MORE REVENUE.
5. INITIAL INVESTORS SELL SHARES FOR PROFIT!
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Thank you for reading so far I hope you found something useful from this post, then please give us a subscribe, this will really encourage us to do more.
If you ask several people if they would like to increase their current income the majority would respond positively to this question. Thankfully, we live in a digital world where people can find plenty of secondary sources of income. Think of apps for example. There are apps for everything nowadays, from payment apps to apps for exercise, cooking recipes and even automotive apps that save you money. The developers of those payment get paid every time someone downloads their payment apps.
However, most people aren’t developers but this can’t stop them when it comes to increasing their income. Here are a few tips in that regard:
Teach a Language Online
In today’s multicultural world it’s common for people to speak more than one language. This gives them an opportunity to increase their income. There are plenty of teaching platforms online that give people this opportunity. If you speak more than one language then you can set up an account at one of these platforms and start teaching. Moreover, if you know only one language you can still give online teaching a go. For example, if you’re a native English speaker you’ll be happy to know that most English teaching websites will welcome you with open arms
Sell Your Old Things
Everyone has some things that they would like to get rid of. If you have some old books, clothes, toys or an old piece of furniture then chances are that you could get some money for them. If toys are the items in question you could sell them to your local kindergarten. Moreover, if you have a good comic book collection you might find someone online to sell it for good money. Also, having a garage sale is a good way to get rid of that old stuff and increase your income.
Do Some Chores
There are plenty of busy people in every town or city and you could make some money if you help them with their chores. As they’re super busy they won’t time to wash their clothes, iron them, clean up their apartment, mow the lawn, wash the dishes and other simple stuff. For a price, you could help them out and use that service as your second source of income. Furthermore, older people probably need a similar type of help so you can put them on your list of clients.
Use Your Hobbies to Your Advantage You can use some things that you do in your free time to earn some extra money. For example, if you’re good at writing you can find freelance websites that will connect you with a company that needs a good content writer. If writing isn’t your thing then you can try other stuff. If you’re pretty good at exercising then you could become a personal coach to a client. What you should do is make the hobbies your hobbies work to your advantage and you’ll have a higher income.
Virtual assistant
People only have so many hours in the day, and they have to assign value to their time. Is it cheaper to pay someone else to do things like return emails, schedule appointments, invoice customers, dispute charges on their credit cards or to do it themselves? If their time is valued at $100 an hour and they can pay a virtual assistant $20 an hour to do them, then the choice is obvious. It makes sense to outsource those tasks. You can find these kinds of jobs on freelancing sites. You and your employer don’t have to be in the same place. Some VA’s never even talk to their boss on the phone; everything is done via email or texting.
Real World Assistant
Real world assistants do all the same kind of tasks a virtual assistant does, but you are working in the same place. You can find these jobs in all of the traditional job finding places but if you are aware of some entrepreneurial people in your city and you can somehow wrangle a meeting, pitch yourself as their assistant.
This is a good strategy particularly if the person is involved in an industry you are interested in. You can use your time as their assistant to learn what they know and if you’re lucky, develop a mentoring relationship with that person.
Make extra money with online surveys
Want to get paid for your opinion? Using Survey Junkie you can share your opinion to help brands deliver better products and services. After you create your profile, they will start matching you to online surveys you can take online anywhere, anytime, and on any device. Completed surveys earn virtual points that can be redeemed for PayPal or gift cards. Survey Junkie is great for anyone who is interested in earning money from their couch.
