Quote:
Originally posted by baycouples
Why do I want to know? That's the weirdest question I've hard on this board...
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I have heard worse... LOL
the 3-6-12 is good for your overall bottom line and believe it or not they do reccur sometimes or rejoin if you have a good product ..
#1 If you are going into this business with that sort of mentallity then you might not want to start a website... the way that it works for the billing companies is technically they are the members of your 3rd party biller unless you are running your own merchant account in either case you will get a shitload of chargebacks and you will prolly never get paid from the biller.
#2 a large majority after looking at many stats tells me that many of the rebill members are people that have forgotten to cancel and do not pay alot of attention to their credit card statements. i might be wrong but i think it also depends on what type of site that you have as well.
#3 if you sell your business you sell it at a value of 6month revenue if it is something that you are truly considering you should have someone that is legally versed in assesing the value of your company and do it correctly.