Would you like to calculate potential earnings with recurring revenue? Please continue reading to learn how to use our calculator.
Table of contents:
Legal Disclaimer:
We do not recommend any specific billing method. The Telemarketing Sales Rule (TSR) prohibits credit repair companies who telemarket from charging fees before 6 months after services are completed. However, if you DO NOT telemarket, you may be able to charge typical fees, as allowed by law. For more on the TSR, visit FTC’s guide. Credit Repair Cloud’s statements are not legal advice—please consult a legal professional for compliance. All customers must comply with the TSR and relevant laws to use our software.
How much money can I make with a Credit Repair business?
Run this Credit Repair business Profit Calculator and get some projections!
Enter your “first work” fee in the first field.
This can be left at zero ($0) if no fee will be charged at the beginning of your service.
Enter the monthly cost of your service in the second field.
Enter your estimated number of clients for your starting month in the third field.
Enter your estimate for new clients each month in the fourth field.
Enter your estimate for monthly cancellations in the last field.
Lastly, you can enter the number of years that you would like to see the projection for
Under Projected Average Revenue, you will find the following average calculations:
Average Lifetime Revenue Per Client: This is the average spend per customer before they cancel their subscription.
Churn Rate: The annual percentage rate at which customers stop the subscription to your service.
Monthly Recurring Revenue: This is the average monthly revenue that you will collect from your customers based on the estimates you input in the calculator.
What you can do now: