Do you want to consistent income every month?
With recurring monthly revenue, you can (for the most part) count on that income every month. This gives you a number of benefits including:
• business planning & strategy
• budgeting & forecasting
• determining recruiting needs
• customer retention
• consistent work for your team/employees
Generating recurring revenue may be much easier if your online business provides services such as Facebook ads, Google ads, YouTube ads, etc. but if your business model is based on one-time sales, this may be more difficult.
In order to implement recurring services you ultimately have to provide value for an on-going basis which can be accomplished in a couple of different ways. You also need to know how to set up invoicing and payment processing and those needs may vary depending on countries your company does business with.
Learn all about how to implement recurring income with your online business along with some helpful tips on automation and reducing your payment processing fees in today’s video: Generate Recurring Income for Your Online Business (+ Tips on Automation & Lower Processing Fees)
LISTEN HERE FOR AUDIO:
https://soundcloud.com/mattlaker-podcast/generate-recurring-income-for-your-online-business-tips-on-automation-lower-processing-fees
WATCH VIDEO HERE:
