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Good stuff! We actually are a service provider in the sense that our income is split approximately equally between projects and recurring support/maintenance,
by abalashov 16y ago
Good stuff!
We actually are a service provider in the sense that our income is split approximately equally between projects and recurring support/maintenance, so this can definitely help us frame cash flow in terms of our recurring revenue. I try to budget exclusively from that and not count on project revenue since it so volatile and difficult to predict.