What income sources can be generated for a training, research and consulting academy?
A training, research, and consulting academy can generate income from a variety of sources depending on its core competencies, audience (corporate, academic, government, or general public), and market positioning. Below is a categorized list of potential income streams: 1. Training Services A. In-person Training & Workshops Corporate training programs (e.g., leadership, compliance, digital transformation) Public workshops and seminars Certification courses (e.g., PMP, Six Sigma, Agile) B. Online Training Live webinars and virtual workshops On-demand video courses Subscription-based learning platforms C. Custom Training Programs Tailored training packages for businesses or institutions White-labeled training content 2. Consulting Services Business strategy consulting (e.g., organizational change, innovation) Technical consulting (e.g., IT, engineering, data analytics) HR and workforc...