What's your business model?

bytonypuck

274 followers

9 years ago

Every Business Owner Has One

What is a business model?

Simply stated a business model is the way a business delivers its products or services to generate income.

According to business expert Alexander Osterwalder, well known for his Business Model generation model; https://strategyzer.com/

In his model generation, every business must have 9 essential elements in order to function and be sustainable.

Here is a free tool you can use to develop your business model, it forces you to think of your business as a structure made up of essential parts you must manage.

Go to https://bmfiddle.com

Start as soon as you can, and remember your business is a work in progress, you can actually begin to tweak each of the elements to fine tune your productivity.

I am open to any questions you may have about developing your business model, after you have visited the links.