Some potential challenges a company might face when shifting to a subscription model include a possible initial drop in revenue, increased expenses, and the need for organizational restructuring. The focus of the sales, marketing, and finance teams may need to shift, and IT may need to adopt a new approach. It's also crucial to create a service that delivers ongoing value to meet the wants and needs of the customer base.
Subscription services have grown revenues 8X faster than the S&P500 and 5X faster than US retail sal...
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