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Residual Income - What It Is And Why You Need It
As you surf the net, you will come across a wide variety of business opportunities.
Invariably, each
one will claim to have the best compensation plan available and many will claim to offer...
More
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Residual Income - What It Is And Why You Need It
As you surf the net, you will come across a wide variety of business opportunities.
Invariably, each
one will claim to have the best compensation plan available and many will claim to offer "residual
income".
However, a cursory examination of many of these pay plans will reveal that, although there
may be a very real earning opportunity, it cannot truly be described as residual income.
What exactly is residual income anyway? Simply put, residual income can be defined as any payment
system where you receive regular, ongoing payments as a result of a single sale.
The frequency of
the payments may vary - they could be weekly, monthly, quarterly etc.
- but they are regular and
ongoing with no further selling activity once the initial sale has been made.
Some potential residual income opportunities are listed below:
Telephone calls and line rental
Mobile phone supply, line rental and calls.
Electricity supply.
Gas supp
Less
