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It is attractive because it is a recurring business.
But because it's a recurring business model, you make up the dollars over time," Tseng said.
It is the largest private label credit card processor for mid-size retail stores which provides a recurring business source, and they also operate loyalty programs.
Speaking generally, John C. Coffee Jr., a securities law professor at Columbia University, said, "You could be in violation of the law if you are an unregistered broker/dealer," but the wording of securities law could allow wiggle room for firms that did only a single deal and did not make referrals a recurring business.
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Roughly 85percentt of Intrado's revenue comes from recurring business.
VCs weren't sure how to evaluate us because we had some transactional business, and some recurring business.
Their recurring business model will be selling different inks used as the base for printing different biomaterials with the printer.
All that really changed between the Fall '12 and Spring '13 was we shifted focus to more recurring business.
This is why companies that use a recurring revenue business model must carefully monitor and manage their revenue supply chains.
"In the last couple of years, we've been investing for growth and we're a recurring revenue business," Allaire said, pointing out that revenue grew 46percentt year-over-year in 2011.
We have not yet figured out how to avoid the business cycle, defined as a recurring succession of business conditions, loosely divisible into periods of prosperity, crisis, liquidation, depression and recovery.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com