Income
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In the Tygron Platform, income is the money flow that increases a stakeholder's Budget. This money can be used to cover incurred costs. The start budget of a Stakeholder at the beginning of a Scenario is also seen as income. During a planning session, a stakeholder can try to change its financial status using various methods. Incomes, together with Costs, compose the total Budget of a Stakeholder. Income can be generated from diverse types of sources.
Types of Income
The platform distinguishes a wide variety of different types of income:
Income from selling
- Selling an object generates sales income. Even extreme low price settings will generate income. This does not mean that the income generates profit automatically, as that depends on prior costs before the transaction. For example, selling land for 1 Euro/m² after spending 10,000 Euro/m² on demolition generates income but results in a loss.
Money Transfers from other Stakeholders
- It is possible to receive a money transfer from other stakeholders. This can happen, for example, as part of the negotiation process; one stakeholder performs an action that also positively affects an indicator for another stakeholder. The acting stakeholder can receive a money transfer as a contribution from the affected stakeholder.