Do you want to create a startup Business model but don’t know how or what tools to use? If YES, here are 7 smart steps to create a business model canvas. What is a Business Model Canvas? The business model canvas can be described as a strategic management and entrepreneurial tool that allows you to…
A business model is defined as a company’s plan on how it will generate revenue and make a profit. It is a plan that tells the products or services the business hope to manufacture and market, and how it plans to do so, including what expenses it will incur. It lays out a step-by-step plan…
Do you want to start a distribution business? If YES, here is everything you must know about the distribution Business model plus examples of successful companies. Being in business is tough, hence the need to choose a business model that you can run your business on. The truth is that you can hardly make success…
Do you want to start a freemium business? If YES, here is everything you need to know about the freemium Business model plus example of successful companies. Freemium is a business model where businesses provide free and paid versions of their services. Note that the free version has stripped back functionality, enough to make users…
Do you want to start a business incubator? If YES, here is everything you need to know about the business incubator model plus example of successful companies. Business incubators are organizations that are geared towards helping startups and early stage organizations speed up their growth. Incubators also help their mentee businesses secure capital from angel…
Do you want to start a subscription company? If YES, here is everything you must know about the subscription Business model plus examples of successful companies. When it comes to starting a business, there are several business models that you can adopt from the onset. The truth is that you can hardly make success out…
Do you want to start a lead generation company? If YES, here is everything you must know about the lead generation Business model plus example of successful lead generation companies. One major factor that should not be relegated to the background when planning to start a business is the business model that you intend building…
Do you want to know the difference between Business model and operating model? If YES, here is a detailed similarities and differences of both models. Basically, a business model describes the way that a business captures value. On the other hand, an operating model tends to describe the way in which a business is run….
What is a “Pay What You Can” business model? How does it work and what are its pros and cons? Here is everything you need to know about PWY. CPay what you can (PWYC) is a non – profit or revenue driven plan of action which does not rely on set costs for its products…
Yes, businesses for years have always been free to patent their models and methods. Companies have, for example, patented the way they sell airline tickets and the way they manage money – market accounts. But in an information economy, in which entire business models can be embedded in digital code, attempts to use patents as…
The wine bar business model revolves around the design, development, and channelization of a bar business that prepares and serves food and wines to users within the wine bar’s premises, as well as offering product delivery and take-out services. Wine bar business models vary greatly in terms of services and appearance, as they include a…
People nowadays expect top-quality personal and business relationships but are short on time, and this has created a viable opportunity for matchmaking businesses. Note that smart solutions have become a viable part of our daily lives, from cutting-edge business networking software at work to high-tech AC or Netflix in your home. These modern technologies are…
This business model is straightforward: aircraft leasing companies either directly purchase planes from aircraft manufacturers such as Airbus or Boeing, or indulge in sale-leaseback transactions with global airlines on existing fleets, in exchange for a monthly rent. Purchasing an aircraft is an expensive undertaking for airlines that are already strapped for cash. Few airlines can…
This business model involves sharing content from other people or brands with your target audience. When you curate content, you choose content that is relevant to your industry. This strategy allows you to bring varying content related to your audience without spending time creating additional content. It is an excellent way to meet your audience’s…