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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – How To Integrate Recurring Revenue Into Your Business
Description: How To Integrate Recurring Revenue Into Your Business Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In transitioning your business to recurring revenue you’ll need to make changes to your processes. Here are some key steps in integrating recurring revenue into your business. Reconfigure your product offering so it can be used on a recurring basis. Update your marketing to promote the new product offering. Highlight the benefits of subscription with additional values such as always available and unlimited usage if appropriate. Set up commissions and incentives in...