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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Example Transitions to Recurring Revenue
Description: Example Transitions to Recurring Revenue Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Many businesses can be moved to recurring revenue. Here are several examples of transitioning a business to a subscription. Lawn care -- a repeat business that is often paid for by the hour or the visit. Replace a variable pay for the service each time it is performed to a monthly payment for a fixed amount. Pet services -- pets require grooming, walking, sitting, and other services. Bundle grooming with pet sitting to create a...