The Bridge in Bridgehampton, N.Y., charged a whopping $750,000 to join, according to a 2007 Wall Street Journal article. Another Hamptons club, Sebonack Golf Club, billed new members for $650,000 when it opened in 2006, Bloomberg reported.
Hence, the revenue cycle actually consists of two major subsystems (assuming sales on credit basis): 1  the sales order processing system and. 2  the account receivable system.
Revenue churn. Revenue churn is the monetary amount of recurring revenue lost in a period divided by the total revenue at the beginning of the period. Revenue churn is commonly used in Software as a Service (SaaS) and other business models that rely on recurring revenue models.