Recurring Revenue: Long-term Success in Any Economic Climate
Economic uncertainty is a way of life for most small business owners. From small swings in the sales pendulum such as seasonal changes, to large swings brought on by recession, you can be sure that circumstances outside your control will try to wreak havoc on your business. However, thanks to recurring revenue, you can guard […]
Increasing Long-Term Value with Recurring Revenue
Not all revenue streams are created equal. When determining the overall health and stability of your company, recurring revenue dollars go far beyond basic math in creating value for your business. Simply stated, the more predictable the dollar is, i.e. the more likely that you will receive that dollar every month from your customer, the […]
Boost Your Business by Automating Recurring Sales
Over the past 5 years, automatic payments for recurring sales have become commonplace. Everything from diapers to razors can be shipped to your door on a pre-determined schedule and payment is billed to your credit card or debited from your bank account. Services for cellphone service, cable, and other utilities offer this easy “fix it and […]