Growing monthly recurring revenue is a key goal for many agency owners. And if it’s not, it should be! Agencies with a strong base of monthly recurring revenue are better able to grow, as the predictable income makes it easier to plan ahead.
Unfortunately, it’s difficult for many agencies to achieve.
Some agencies are project-based, and start with an initial short-term engagement “hoping” they can transition customers into additional projects. I’ve found that “hope” is not a reliable strategy.
Other agencies work with larger ‘enterprise’ customers with bigger projects, with payments split into project or service milestones. This creates additional cash flow issues, sometimes leaving the agency exposed.
Whilst there are some agencies with monthly retainers, they still struggle to grow. Either because they have low customer retention, or they over-service customers, which restricts their ability to grow.
That’s why I’m running some free training…
Join me in this free training for agency owners
Free training to help agency owners grow their monthly recurring revenue.
Here’s some of what we’ll cover:
- Discover how to attract better quality clients who love what you do, are easy to work with, and who will PAY YOU MORE
- Learn how to position yourself as THE FIRST CHOICE partner, instead of just another agency
- Discover how to get prospects invested in working with you so you can grow monthly recurring revenue
WHEN: WED Apr 13, 8:00 AM AEST >>> click here to see what's this in my timezone
WHERE: via Zoom Meeting
DURATION: 45 mins
The training will run for 30 minutes, and then there will be 15 minutes for Q&A at the end.
Register now.
© 2022 Joel Norton
Agency Coach / Agency Growth Strategy / Agency Acquisition Advisor
I help agency owners to create a thriving business that is not dependent on them.
