09 Dec Benefits, Upsides, and Risks of Recurring Revenue
Recurring revenue is income generated in a business that comes in regularly, usually monthly, quarterly or yearly allowing a business to provide a service level to a client. Recurring income allows revenue to come in with a high degree of certainty and stability.
With a recurring revenue model, businesses can predict what percentage of revenue may be lost each month.
Reoccurring revenue is something that can happen again but not necessarily repeatedly.
Listen to our CEO Mike Harvath, and VP Ryan Barnett discuss the importance of recurring revenue, our insights, and how it impacts your IT Services business, especially during an M&A process.