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 ?
Business model innovation has attracted increased attention over the past five years.
We never referred to it as a business model because we never considered it as one.
With the new millennium and the hype of electronic business a new movement was created that still gains momentum: business model innovations.
An organization has to have a clear business model before it can create a business plan.
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.
The insurance/reinsurance business model is still predicated on the exchange of paper and rekeying of that information into the computer systems of each company associated with the transaction.
Business model meltdown can be the result of a new business venture not founded on firm strategic footing in the first place.
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.