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DETERMINANTS OF INCOME DIVERSIFICATION AMONG RURAL HOUSEHOLDS: THE CASE OF WI ERA WORE DA, HAVANA ZONE, SNAPS, ETHIOPIA THESISETSEGENET REHOME TIUMELESANHAWASSA UNIVERSITY, HAWA SSA, ETHIOPIAN, 2022 HAWA
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Identify sources of income: List down all the possible sources of income that you currently have or plan to have in the future.
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Analyze profitability: Evaluate how profitable each source of income is and which ones have the potential for growth.
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Assess risk: Consider the level of risk associated with each source of income and diversify across different risk profiles.
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Set goals: Determine what you aim to achieve through income diversification and set specific and measurable goals.
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Monitor and adjust: Regularly review and adjust your income diversification strategy based on changing circumstances and goals.

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Determinants of income diversification are factors that influence a company or individual's decision to expand their income sources beyond a single stream.
Businesses and individuals looking to optimize their income potential.
Determinants of income diversification can be filled out by assessing current income sources, exploring new opportunities, and creating a strategic plan for diversification.
The purpose of determinants of income diversification is to minimize financial risk, increase income stability, and maximize earning potential.
Information such as current income sources, potential new opportunities, risk assessment, and diversification strategy.
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