Business Model


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Business Model

A plan a company or other business uses in order to make a profit from its operations. Some business models are complex, while others are simple. For example, a hedge fund's business model may involve encouraging high net worth individuals to make a large investment that will be used in a series of complicated (and sometimes obscure) transactions. On the other hand, a freelance editor's business model is simply to write and edit for clients in order to receive payment.
References in periodicals archive ?
The traditional utility business model of a pure-play centralised power producer and provider will soon be extinct.
But all of these factors are only the context that enabled the real failure: Sony simply couldn't envision the business model that would make the seamless integration of content and device profitable.
I made the case that an established organisation is designed to execute a repeatable and scalable business model as efficiently as possible.
The scenario planning exercise helps test the robustness of the "core and adjacency" business model in future potential circumstances and allows the company to develop strategies accordingly.
has received a Notice of Allowance for a broad patent right covering its business model and recognizing that Home-Link uniquely keeps the real estate agent involved in all aspects of home buying and selling transactions and the long-term home ownership experience.
Business model meltdown can be the result of a new business venture not founded on firm strategic footing in the first place.
They need to think about the future, the business model and its organizational impact.
If your organization needs to adapt to harsh new realities, but you don't yet have a strategy that will get you out in front of your competitors, you need Business Model Generation.
The challenge, however, is identifying a sustainable business model to monetize emerging market opportunities.
With strong branding, round-the-clock on-site claims service and marketing ties with relevant financial service and general portals on the Web, Progressive has established a fomidable business model that will support growth and profitability for years to come.
The challenge for established firms is not the discovery of a new business model the real challenge is how to make two business models coexist.