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[MBV Playbook] Ch. 43 — Find Ways To Build Recurring Revenue (#203)
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Are you leveraging the power of recurring revenue in your business? In this episode, we dive into Chapter 43 of our playbook, exploring why transitioning to a recurring revenue model can transform the valuation and stability of your business. We’ll dissect how buyers evaluate the predictability of cash flows and why they’re willing to pay a premium for it.
Join us as Tom shares transformative insights and practical examples, including how his own transition to a recurring revenue model in the restaurant technology sector dramatically increased business value. Whether you're selling software or services, discover strategies to convert one-time sales into ongoing income streams, enhancing both your business's attractiveness to buyers and its long-term sustainability.
Tune in to learn how to implement this game-changing approach and why establishing recurring revenue streams could be the best decision for your business’s future.
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Facebook: https://www.facebook.com/masterypartners
LinkedIn: https://www.linkedin.com/in/tom-bronson/
Website: https://www.masterypartners.com/
Please be sure to like and follow for more great content to help YOU maximize YOUR business value!
Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon.
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