The recurring revenue calculator displays your earning potential with service reminders. For every asset that you install this year (that needs follow-up maintenance or servicing), you should ideally be sending a reminder to the customer the next time the service is due. This increases the chance of the customer choosing your business for that service and can generate a steady source of income. As you continue to install more assets, you should expect the number of future service jobs to grow too, providing increasing yearly revenue.
Calculate Potential Earnings of Service Reminders
SEE THE VALUE OF SERVICE REMINDERS
Try the calculator below to estimate how much revenue your field service business could generate with service reminders. Simply enter the number of installations you complete per year (that require a follow-up service), plus the average length and hourly charge for a service. The calculator will do the rest!