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- nounbusiness model (noun) · business models (plural noun)
- a design for the successful operation of a business, identifying revenue sources, customer base, products, and details of financing:"many of the free sites have either shifted their business model or have gone out of business completely"
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- A business model is a plan that describes how a business will make money1234. It identifies the products or services the business plans to sell, its identified target market, and any anticipated expenses1. A business model describes how an organization creates, delivers, and captures value53. It provides a systematic way to identify how you can profitably generate revenue while creating value for your customers4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The term business model refers to a company's plan for making a profit. It identifies the products or services the business plans to sell, its identified target market, and any anticipated expenses. Business models are important for both new and established businesses.www.investopedia.com/terms/b/businessmodel.aspA business model is a plan describing how a business will make money. It is an outline that explains the company’s revenue and cost structure, and how it expects to turn a profit—or at least sustain itself as a going concern.www.thebalancemoney.com/what-is-a-business-m…A business model describes how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts. For a business, it describes the specific way in which it conducts itself, spends, and earns money in a way that generates profit.en.wikipedia.org/wiki/Business_modelA business model is a framework to understand, design, and test your business idea. It provides a systematic way to identify how you can profitably generate revenue while creating value for your customers.www.garyfox.co/what-is-a-business-model/By definition, a business model describes the logic of how a company creates, delivers, and capture value. There are three key components within a business model: creating value, delivering value, and capturing value. This shows that the business model doesn’t revolve around money. It revolves around value.businessmodelanalyst.com/business-model/
What is a Business Model with Types and Examples
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