Why Should Your Business Model Include Recurring Revenue? Most successful businesses have a mix of one-off sales and recurring revenue. Unlike one-off sales, recurring revenue is stable and occurs at regular intervals with a high degree of certainty. As a result, it is a strong foundation for your financial and strategic business plan and
Have you adapted your business model? Does your business model include new sources of revenue? Fortunately, many small businesses have survived, and some have thrived during the pandemic. These companies are writing their own story of success. A Case Study – Maria’s: A Lifestyle Shop Maria’s: A Lifestyle Shop is a lifestyle boutique located
Think Like a Prospective Investor or Buyer When you’re involved in your business’s day-to-day operation, it’s challenging to see flaws and areas that need improvement. To maximize your business’s value, you must look at it through the eyes of a potential investor or buyer. You must look at your company through an objective lens and
