The Ultimate Business Model - Creating Residual Income Streams

Every successful business has understood and mastered one basic principle. That principle can be summed up in two words: Repeat Business.
Pick any major business name: Microsoft, Walmart, McDonald's...
The reason behind their success is repeat business - the simple fact that most of their customers are repeat buyers. Sure, they get new customers as often as they can. But the majority of their business, and profits, come from repeat buyers. These businesses depend on their existing customers to earn consistent profits.
And it's no surprise that the number one reason most businesses go out of business very quickly is this...they don't take care of they existing customers. They don't build a relationship with them, and they definitely don't sell to them more View the rest of this article