Understanding MRR for SaaS business
mbot in KPIs on November 19, 2017
 

Understanding MRR for SaaS business

As your business begins to make money, you will become reliant on several key metrics to run your SaaS business successfully. One key metric that you will often come across is MRR or Monthly Recurring Revenue. MRR is income your business can account for every 30 days (monthly period). One of the purposes of MMR (Monthly Recurring Revenue) is to allow you to track performance across your business monthly subscription terms. Many Business-to-Consumer (B2C) businesses follow this model for their organization. Let’s take Netflix as an example. Netflix offers various plans that are all month-to-month. Now let’s take a look…
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Important Metrics for Your SaaS Business
mbot in Blog on November 8, 2017
 

Important Metrics for Your SaaS Business

As a founder or business owner in the digital world, do you know your KPIs? I have talked to many founders and was shocked that many of them were not tracking their KPIs. If you are running a Software as a service (SaaS) business, you better understand what that acronym KPI stands for. KPI: Key Performance Indicators. KPIs are your metrics, and these metrics allow you to track your success and profitability. If you are unfamiliar with KPIs, you can quickly become overwhelmed. Once you begin researching best practices for tracking your SaaS business, you will run across hundreds of…
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