10 Ways to Bring in More Income for Your Small Business During Uncertain Times

There are tons of ways for small businesses to bring in revenue. And during challenging financial seasons, it may be useful to diversify your revenue streams. Now are some gratuities in the membership of the online small business community to assist you brought under more income.
Consider These New Ways to Make Money on YouTube
YouTube has long been a popular platform where online developers can make an income. Previously, useds principally had to do this through an ad sharing program. But there are now brand-new alternatives make their own choices. Learn more in this Search Engine Journal post by Matt Southern.
Gain the Right Investing Knowledge on Social Media
Social media gives people access to communities that share a better understanding of a huge array of topics — including investing. The recent GameStop scandal indicated some of the negatives of learning about trading on social media. But there may be some positives as well. Christian Zilles discusses in this Social Media HQ post.
Learn These Podcasting Happening and Direction
Podcasting volunteers another way for small businesses to increase their income through ads or sponsored material. But before you jump into podcasting, you need to learn the landscape of service industries. Read this Funnel Overload post by Matt Moran to gain more revelations on the subject. Then appreciate what the BizSugar community has to say.
Get Ready to File Your Taxes in 2021
If your business gave any income in 2020, you need to file taxes with the IRS. Small business tax code can be complicated, but Nellie Akalp of CorpNet can help. She offers a helpful guide for small business owners in this post.
Use These Tools to Navigate the Franchise Buying Process
Before you can start earning money with a franchise business, you need to buy into one. This process can seem complicated and era exhausting at first. But there are tools to help. Joel Libava goes over a few of them in this post on The Franchise King blog.
Extend Your Runway with These Non-Traditional Startup Funding Ideas
Getting outside funding for your startup can help you navigate during the early days when you don’t earn much income. But not all small businesses have access to traditional bank funding. In this Acuity post, Matthey May dives into some less traditional options.
Cope Finances with These Inventive Tech Solutions
Once you start earning money with your small business, you need processes for managing it. Luckily, there are plenty of tech tools that are able. Ivan Widjaya of SMB CEO lists several of them in this post.
Save Money Running a Small Business at Home
More and more firms are operating at home these days. While this may present challenges, it also offers money saving opportunities. This could lead to increased profit margins for many companies. Jamie T. Wiseman discusses further in this Miss Millennia Magazine post.
Create and Present an Annual Marketing Plan
The way you marketplace your small business can have a major impact on how much money you give. To maximize these efforts, you need a marketing plan. And it’s likely to change by the year. In this Aha! NOW post, German Viera offers tips for creating and presenting one. And BizSugar members shared thoughts here.
Drive Value from Small Data
Big data gets a lot of attention. But small businesses can still get value from smaller data source connection. In this Commerce Land post, William Terdoslavich discusses the idea of small data. And he offers tips for compiling the most of it in a small business.
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This article, “10 Ways to Bring in More Income for Your Small Business During Uncertain Times” was first published on Small Business Trends
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March 15, 2021 