Increasing your residual cash flow

One way for your business to make money is to increase your residual cash flow. Increasing your residual cash flow might even be able to double your businesses money, and without money, your business is not going to survive. In order for your business to grow you are going to need to increase how much money your business is making each month, otherwise your business will remain the same day in and day out.

Residual cash flow is a type of cash flow that your business has, the thing with residual cash flow is that the amount of money you are receiving each month stays the same. With the amount of money, you are receiving each month staying the same, it is very easy to predict and manage your business's residual cash flow. A perfect example of a residual cash flow would be a magazine subscription, if your business publishes a magazine and sells subscriptions to it, each month the money is going to stay the same, unless you increase how many subscriptions are available. Residual cash flow is monthly payments that your business is receiving that will not stop until a later date in the future.

One of the best things about residual cash flow is that all you have to do is invest in something, such as stocks, bonds, or rental properties, and you will be earning money each month without having to worry about how many products your business has sold or how many more you need to sell. Another advantage of residual cash flow is that it is more reliable than the cash flow your business earns from sales, which gives you a predictable idea of how much money your company will make from residual income in a given month.

Here are some things that you can do to increase your residual income each month.

Number one: Rental properties
Renting out office space or even renting property to other businesses is a great way to increase your residual income. If you already own the office building or the property that you are, renting you will be earning a set amount of money each month based on what you are charging for rent. The amount of money that you earn from your properties is only going to change if you lower the rent, increase the rent, or stop renting to other people.

Number two: Savings account
Place any money that your company does not use in a month into a savings account so that it can earn interest each month. Interest paid to your from a savings account is considered residual income because the interest is going to be a steady source of income, it will only change based on how much money you have in the savings account. This income is a guaranteed source of income because as long as you leave money in the savings account you are guaranteed to earn the interest.

Number three: Patents
Creating a product that nobody has ever created before is another way to earn residual income. The way that this works is that when you create a product that nobody has created before you will be able to patent the product. Once the product has become patented, you will be able to continue making money on the product. The reason for that is that every time somebody else buys or makes the product you will be paid a certain amount of money for the product. With a patented product, the income coming in each month might vary, but it is still guaranteed income each month, similar to how a musician is paid for their music once they have recorded it.