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Should your Small Business Consider Running a Subscription Service?

If you’re looking for more ways to generate recurring revenue and strengthen customer loyalty for your small business, a subscription service can be a great option, depending on your industry and the products/services you offer. The subscription economy (the trend where companies shift to a subscription model) is expected to reach $1.5 trillion by 2025, having grown 435% in the last nine years. How your subscription service works will be unique to your business model— it can include certain products or services that customers renew…

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