develop revenue streams

USAGE SUMMARY

The phrase "develop revenue streams" is correct and usable in written English.
You can use it when discussing ways to create or enhance sources of income for a business or organization. Example: "In order to ensure long-term sustainability, we need to develop revenue streams that align with our core mission."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

5 human-written examples

Guardian Green Ad Network The Guardian Green Ad Network, the largest of its kind in the world, fulfils our vision of creating new business opportunities from being more sustainable as well as enabling small and emerging companies to develop revenue streams.

The Guardian

For us, iterating to develop revenue streams is imperative to our long-term growth and ability to deliver global social impact.

Forbes

While this deal is a good move for eBay in its attempt to raise its game outside outside of ecommerce and auctions; it's also an interesting sign of AEG trying to flex more of its tech muscle, and try to develop revenue streams outside of its very brick-and-mortar based business of live events.

TechCrunch

The move comes as Facebook begins to develop revenue streams separate from ad revenue.

Huffington Post

Griswold predicted many schools will increasingly look for ways to develop revenue streams from Massive Open Online Courses.

Huffington Post

Human-verified similar examples from authoritative sources

Similar Expressions

55 human-written examples

Braun sees part of his job as developing revenue streams that labels wouldn't think of.

The New Yorker

By Lizzie Widdicombe Scooter Braun's job includes developing revenue streams that record labels wouldn't think of.

The New Yorker

The company is not profitable yet, but it is developing revenue streams, selling industry data reports and charging commissions on referrals.

The New York Times

Or does it reflect the country's new energy, representative of a push beyond Trinidad's reputation for complacency in developing revenue streams beyond oil production?

The New York Times

Thompson is likely to meet much resistance to the idea among journalists who treat the divide between editorial and business as sacrosanct, but other ideas on developing revenue streams are worth noting in an industry struggling to secure its commercial future.

The Guardian

It was obvious to Sinha that this destiny would never be fulfilled unless the company developed revenue streams independent of government control.

Forbes

Expert writing Tips

Best practice

Use this phrase when highlighting a proactive approach to securing financial stability and growth, rather than simply reacting to market conditions.

Common error

Don't use "develop revenue streams" when you actually mean improving cash flow management. Revenue streams refer to the sources of income, while cash flow is about the movement of money in and out of a business. Make sure you understand the difference.

Linguistic Context

The phrase "develop revenue streams" functions as a verb phrase followed by a noun phrase, indicating an action (develop) performed on a target (revenue streams). As Ludwig AI confirms, it's grammatically correct, and its usage emphasizes the process of creating or enhancing income sources.

Expression frequency: Uncommon

Frequent in

News & Media

40%

Formal & Business

30%

Science

30%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "develop revenue streams" is a grammatically correct and professionally aligned term for describing the strategic creation or expansion of income sources. As Ludwig AI confirms, its usage is well-regarded. Predominantly found in news media, formal business contexts, and scientific publications, the phrase suggests a proactive approach to financial growth and stability. When aiming to improve cash flow or simply increase profits, alternative phrases like "generate income" or "enhance profitability" might be more suitable. Remember, "develop revenue streams" is best employed when discussing long-term strategies and the creation of diverse income sources rather than day-to-day financial management.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

generate income

Focuses on the act of creating income, simplifying the original phrase.

create profit sources

Emphasizes the creation of sources that specifically lead to profit.

establish income streams

Highlights the establishment of ongoing sources of income.

build income sources

Focuses on the construction and growth of income origins.

cultivate revenue sources

Suggests a more nurturing and gradual development of revenue.

expand income generation

Shifts the focus to broadening the scope of income creation activities.

diversify income streams

Implies creating a variety of different income sources.

enhance profitability

Concentrates on improving the overall profitability of the business.

monetize assets

Focuses on converting existing assets into revenue-generating opportunities.

increase earnings

Simply aims to grow the total earnings of a business.

FAQs

What does "develop revenue streams" mean in business?

In business, "develop revenue streams" means to create or expand the different sources from which a company generates income. This can involve launching new products, services, or business models to increase profitability and financial stability.

How can a small business "develop revenue streams"?

A small business can "develop revenue streams" by exploring options such as offering new services, creating online courses, selling merchandise, or implementing a subscription model. Identifying untapped customer needs and providing value through different channels are key.

What are some alternatives to "develop revenue streams"?

You can use alternatives like "generate income", "create profit sources", or "establish income streams" to express similar ideas. The best choice depends on the specific context and nuance you want to convey.

Why is it important for companies to "develop revenue streams"?

It's important for companies to "develop revenue streams" because it reduces reliance on a single source of income, enhances financial resilience, and creates opportunities for growth and innovation. Multiple revenue streams can help a company weather economic downturns and adapt to changing market conditions.