Recurring revenue vs one-off revenue#49
As a professional service business leader, I want n% of our revenue to be recurring monthly revenue and (1-n)% from one-off/individual projects.
Instead of doing it in an Excel workbook, it would be nice that kopilot segregates recurring revenue from one-off revenue so that it would make me sure that we are on track the achieve (or that we maintain) the wished balance between both kinds of revenue type. It would help my businesses who are targeting a certain percentage of their revenue be monthly recurring.
The previous year interests me mainly in this regard, and though, of course, real-time would be a dream.
🎯 Two Goals
Making sure the revenue sources are stable, meaning the business is not at the mercy of one or a couple of projects.
Forecast cash inflow.
Here is a preview of what’s coming.