Service Line Diversification
Percentage
Looks at how revenue is distributed across various service offerings of the consultancy. Diversifying service offerings can provide stability. If one service line experiences a downturn, others might compensate.
Formula
Revenue from a specific service line / Total revenue
Example
If a consultancy's software development service generates $400,000 out of a $1 million total, this service line accounts for 40% of the revenue.