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Creating a Battle Plan in WarPlan AI for Monthly Recurring Revenue Businesses

Step-by-step guide to creating a new battle plan in WarPlan AI for businesses with a monthly recurring revenue model.

Written by Eric Kelly

Introduction

Creating a battle plan helps you close your revenue gap and achieve your business goals. This tutorial is tailored for businesses with monthly recurring revenue, such as cleaning services or pest control companies.

Steps to Create a Battle Plan

1. Create New Battle Plan

  1. Click the Create New Battle Plan Button: Start by naming your plan (e.g., "Test Plan").

  2. Select Revenue Goal Type: For businesses with monthly recurring revenue, select Increase Monthly Recurring Revenue.

2. Set Goal Parameters

  1. Goal Start Date: Choose the start date for your goal.

  2. Plan Deadline: Set the deadline for your plan (e.g., end of the year).

  3. Current Monthly Revenue: Input your current monthly recurring revenue (e.g., $30,000).

  4. Target Monthly Revenue: Set your target monthly revenue by the deadline (e.g., $50,000).

3. Monthly Revenue Per Customer

  1. Average Revenue per Customer: Enter the average monthly revenue per customer (e.g., $300).

4. Advanced Settings (Optional)

  1. Cost to Service a Customer: Input the average monthly cost to service a customer (e.g., $150).

  2. Monthly Churn Rate: Enter the percentage of customers who cancel each month (e.g., 3%).

5. Measure Your Progress

  1. Choose Measurement Metric: Select how you want to measure progress (e.g., leads, estimate requests).

  2. Conversion Rate: Input how many leads or estimate requests typically convert to a customer (e.g., 2 estimates = 1 customer).

  3. Sales Cycle: Specify if it takes longer than a month to close a deal. If so, enter the average time (e.g., 3 months).

Finalize and Start Your Battle Plan

  1. Review and Confirm: Make sure all details are correct.

  2. Start the Plan: Click the button to finalize and start your battle plan.

Managing Your Battle Plan

Viewing Your Plan

  • View Button: Click to see if you're on track with your revenue goals, review your revenue curve, and expected results.

Editing Your Plan

  • Edit Options: You can change the plan name and some dates. For significant changes, it's best to delete the plan and create a new one.

Key Points

  • Consistency: Regularly review and adjust your plan to stay on track.

  • Granularity: Use advanced settings for more precise goals and predictions.

  • Flexibility: Don't hesitate to delete and restart your plan if needed.

Support

If you have any questions, our team and facilitators are here to help. Remember, tackling these tasks will set you on the path to success. Good luck with your battle plan!

Tags: Battle Plan, WarPlan AI, Monthly Recurring Revenue, Revenue Goal

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