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Most people have heard of the need to create multiple source of income and if there's ever a time in history that this is needed, it would be now. The pandemic has resulted in many losing their jobs and businesses shutting down unfortunately making the need for the discussion for having multiple source of income one to be had. When there's a crash in one stream, the ability to stay afloat can only be possible if there's revenue coming in from another stream.
In today's podcast, Bimbola and Jo discuss the survival of a fashion retailer in the UK, Primark who unfortunately did not have an online shopping facility and as a result of the lockdown have lost millions in revenue. However this retailer is owned by a company who have other businesses in the food sector. They might be able to survive the pandemic due to income received in their other businesses.
Join us in this discussion via instagram, twitter, facebook or email. Social media handle is @bestof2podcast and email address is [email protected]
By Bimbola Osagie & Jo MaxwellMost people have heard of the need to create multiple source of income and if there's ever a time in history that this is needed, it would be now. The pandemic has resulted in many losing their jobs and businesses shutting down unfortunately making the need for the discussion for having multiple source of income one to be had. When there's a crash in one stream, the ability to stay afloat can only be possible if there's revenue coming in from another stream.
In today's podcast, Bimbola and Jo discuss the survival of a fashion retailer in the UK, Primark who unfortunately did not have an online shopping facility and as a result of the lockdown have lost millions in revenue. However this retailer is owned by a company who have other businesses in the food sector. They might be able to survive the pandemic due to income received in their other businesses.
Join us in this discussion via instagram, twitter, facebook or email. Social media handle is @bestof2podcast and email address is [email protected]