
Income-Generating vs Non-Income Generating Activities
One of the lessons I learned early on in my career was the importance of distinguishing between “income-generating” activities and “non-income-generating” activities. Income-generating activities are activities that have the potential to generate revenue and non-income generating activities are activities that do not. No matter who you are or what field you work in, every business activity can be clearly delineated as one or the other. … Continue reading Income-Generating vs Non-Income Generating Activities