Reporting Revenue

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<p>How should I&nbsp;be reporting all of my store's revenues?&nbsp; &ldquo;I&nbsp;laid off&nbsp;my repair technician three months ago because money was tight.&nbsp; We&rsquo;ve been scrambling to catch up with the repairs and now my road rep told me we&rsquo;ve lost four accounts because our repairs have gotten so bad.&nbsp; What should I do?&rdquo;</p> <div style="margin: 0in 0in 0pt">&nbsp;</div> <div style="margin: 0in 0in 0pt">Does this scenario sound familiar? &nbsp;If so, do you even know whether you&rsquo;re making money at repairs&hellip;or rentals, and lessons?&nbsp; If not, there&rsquo;s a good chance you&rsquo;re not tracking or reporting these revenues separately and correctly.&nbsp; Multiple sources of revenue should be stated and tracked separately to make sure each is carrying its own financial weight in your business.&nbsp;</div> <div style="margin: 0in 0in 0pt">&nbsp;</div> <div style="margin: 0in 0in 0pt">To find out the common sources of revenue in the music industry and how best to track them, watch this video.</div> <p>&nbsp;</p>