The recurring revenue business model is one that many businesses overlook. This type of model often involves a subscription service. In a time when every dollar matters, receiving continuous payments from clients has several benefits. Stable Cash Flow Business can be going well one month and barely staying afloat another month. By setting up a recurring flow of revenue, your business becomes a lot more financially stable. Each customer on the subscription plan is billed according to an agreed upon amount. Customer payments can be set up as automatic payments. This money keeps business operations on track. Recurring payments lowers…
