2014: The Year You Will Start RMR
At this point, Recurring Monthly Revenue (RMR) should be a familiar business strategy. If you aren’t currently offering it, you have most likely considered it. But let’s face it; knowing where to start can be a challenge.
The benefits of RMR are obvious. From establishing a long-term relationship with your clients to creating a steady cash flow, RMR is a no-brainer when it comes to increasing the value of your business (while also creating a new stream of profit).
Opportunities can include:
* Security monitoring
* Video verification (of home alarms or on a home perimeter or vacation homes)
* Video surveillance
* Video surveillance through mobile devices
* Energy management and control
Article Originally Published on CEDIA.net on March 10,2014
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