Operationalizing RMR for Your Business

The critical importance of RMR in times of economic downturns cannot be overstated and the number of integrators that are engaging in RMR-driven business is growing.This isn’t limited to security services; more trade organizations, such as electrical, HVAC, plumbing, and more, are reassessing the need to have ongoing, recurring revenue as part of their business strategy. Organizations need the diversification of incoming revenue streams and the ability to more accurately predict cycles for the business (such as maintenance, staffing, service calls, and more).

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QUESTIONS TO ASK WHEN BUILDING OUT AN RMR FUNCTION:
What is the vision for the organization in adding RMR to the mix?
What is the goal percentage of RMR vs. project-based work?
What functions of the business are primed for RMR? Software? Services? A mixture of both?
Where do we stand in the market today?
What do we have in place that will allow for the growth of RMR and what’s still needed?
How will leadership define success of an RMR Program?
What is the timeline for ramping up this part of the business?

The full report, Operationalizing RMR for Your Business: How to Get Started When Buidling Processes and Investments in Recurring Revenue Models, is a Research Report commissioned by ESA and sponsored by Simpro to deliver the latest facts and trends to help you make informed decisions on capturing new customers through careful business strategy evolutions.

 
 
 
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Operationalizing RMR for Your Business

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