Augusta
VIP Contributor
Business owners can use their businesses to create passive income for the business. The truth is that aside from a business engaging in operating activities, they can also generate passive income in different ways
Businesses can make money by selling their intellectual properties and earn royalties. If you have patents or copyrighted material, you can either license or sell them to continually make money off them selling it to others.
Another good source of passive income to businesses is through franchising to other Businesses This is like allowing another business use your brand name for good pay You make money with your company's name as you allowed it. This is a good way to make your business more known
Another good way of making passive income for your business is from Interest on Loans. You can loan your profit to other established businesses and charge them high interest This is a good passive income as you don't need to work for the interest.
Businesses can make money by selling their intellectual properties and earn royalties. If you have patents or copyrighted material, you can either license or sell them to continually make money off them selling it to others.
Another good source of passive income to businesses is through franchising to other Businesses This is like allowing another business use your brand name for good pay You make money with your company's name as you allowed it. This is a good way to make your business more known
Another good way of making passive income for your business is from Interest on Loans. You can loan your profit to other established businesses and charge them high interest This is a good passive income as you don't need to work for the interest.
