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, an… See more

A common mistake many companies make when they create their business models is to … See more

There are as many types of business models as there are types of business. For instance, direct sales, franchising, advertising-based, and brick-and-mortar stores are … See more

There is no "one size fits all" when making a business model. Different professionals may suggest taking different steps when creating a business and planning your business m… See more