"Both new and established companies are frequently asking themselves the question “what is a business model?” as the term has been tossed around ad nauseam since the boom of ecommerce. The answer is essentially quite simple. It’s a document that answers the question “how do we make money in this business?”
Developing business model is more than a business model template. It is a plan that is written out so that your organization will be able to implement it in order to generate revenue and profits. It is, at its most basic level, the “how” of your business. It involves parts and functions of the company, as well as its incomes and expenses."
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Developing business model is more than a business model template. It is a plan that is written out so that your organization will be able to implement it in order to generate revenue and profits. It is, at its most basic level, the “how” of your business. It involves parts and functions of the company, as well as its incomes and expenses."
'via Blog this'
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