What is a business model?
A business model describes how a business operates and generates revenue. It’s sometimes referred to as revenue model.
Most people are familiar with the traditional business model: buy a material, use your skills to turn it into a product and sell the product to earn profit (selling price – costs). Other commonly used business models are agency, subscription, marketplace, drop shipping, freemium, etc.
Every business is different
Every business is unique in its own way (value proposition, competencies, company culture, risk tolerance, etc.) and if you just copy a business model that has proven successful elsewhere, it’s very unlikely that your company will achieve the same level of success. Your business model has to be developed based on your circumstances.
Business
Model Development
FEE: Request a quote (from £1,195)
TURNAROUND: 4 weeks
SUPPORT: Email support for 30 days after completion, to help you implement the business model.
INCLUDES:
- Business model audit
- Market analysis
- Value proposition analysis
- Stakeholder analysis
- Revenue analysis
- Business model recommendation
Business
Model Audit
FEE: £295
TURNAROUND: 1 week
REVISIONS: It doesn´t include revisions.
DESCRIPTION:
An objective review of your existing business model and recommendations for improvement.
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