Is a Subscription Model Suitable for My Business

Can you imagine waking up on the 1st of every month and £10k dropping into your business' bank account?
During today's episodes Robin Waite, Founder of Fearless Business talks through all of the pros and cons around building a subscription model into your business.
What we'll be discussing today:
He'll walk through the various pricing models available and how to determine which one is relevant for your business including:

Building a compelling front-end offer
Different types of membership/subscription business models
Explaining what Customer Lifetime Value is and how to generate great lifetime value



The upsides to running a subscription model business:

That creates regular sustainable income
Building a tribe of raving fans who refer more clients into your business
How a thriving community can help to get even better results than working with clients individually.



The downsides to running a subscription model business:

How to overcome client churn and the admin created within a subscription model business
Growth can be incredibly slow when enrolling new clients/customers
It can require having an incredibly large audience
Cashflow is spread out over several months or years even



To find out more about Fearless Business:
Join our amazing community of Coaches, Consultants and Freelancers on Facebook:
>> https://facebook.com/groups/ChargeMore
And check out the Fearless Business website:
>> https://fearless.biz