Industry: Tech
Turnover: Just under $1M p.a.
Problem: Experiencing feast or famine cash flow due to high reliance on projects. When projects were up, cash flow was up, but when projects were down, cash flow was down.
Recommendation: Create a recurring revenue product that adds value to and serves clients every month, as well as covering the overheads of the business throughout the year.
Outcome: Recurring revenue flattened out cash flow challenges and projects became even more profitable, while also being a feeder into ongoing recurring revenue. Business growth 30% YOY.
Schedule an appointment and breakthrough your cash flow problems.