Tag: RMR

MRR - Monthly Recurring Revenue acronym, business concept background

How to Accurately Calculate Monthly Recurring Revenue

Some fire and security companies focus on installations and one-time projects. But, most thrive by providing regular inspections and maintenance for their customers’ fire safety and security systems. When a large part of a company’s revenue comes from recurring services, the best way to assess its growth and financial health is different from other companies….
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How To Future-Proof Your Alarm Business

As a business owner, maybe you’ve heard the term future-proofing. Ever wonder what it means? Future-proofing involves creating a plan for dealing with the fact that the world of business is always changing. Whether it’s a gradual evolution or a revolutionary new technology that sets the market awhirl, savvy business owners need to be ready…
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Service Contract agreement document with blue pen to sign name on the signature line

3 Places to Look for Valuable Contracted RMR

If you’re a business owner in the security or fire alarm industry, you likely understand the value of recurring monthly revenue. It’s one of the major factors that can help you build value within your company, and a key element that buyers look for when it comes time to sell. But if you haven’t explored…
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