Get Predictable Returns with a Recurring Revenue Business Model

Companies that can create a more predictable stream of revenue from customers have the ability to better plan, reduce stress, and improve profitability. The concept of a recurring revenue business is quite appealing but it can be unsuccessful if entrepreneurs don't know the metrics that need to be managed. In this session, presented by finance expert and partner at Stride Russel Benaroya, you will learn: Example of recurring revenue businesses and which models might fit your current product or service The pros and cons of recurring revenue and how to manage the risks The important metrics to understand and influence in order to grow revenue and profitability Presented by Russell Benaroya Russell began his career on Wall Street after graduating from UCSB with dual degrees in accounting and economics. Shifting his focus to entrepreneurship, he went on to receive his MBA from the Anderson School of Management at UCLA. Today, Russell is a partner at Stride, an outsourced bookkeeping, accounting and HR services firm where the Company supports high growth organizations with back-office support. Prior to Stride, Russell spent the last twenty years investing in private equity and as a healthcare entrepreneur, building and exiting two start-ups. In addition, he is a former Techstars graduate and a longtime member of EO (Entrepreneur Organization). Russell’s genius zone is helping business owners achieve financial freedom. He is an experienced and strategic coach to entrepreneurs, with an emphasis in capital raising and organizational development. He shares his knowledge with both individual clients and groups, and previously instructed a course on entrepreneurship at the University of Washington’s Foster School of Business. When he’s not working on Stride, you can find him striding in the mountains pursuing his passion as an ultra distance trail runner. Russell currently is living in Seattle.