BUSINESS MODELS HOW TO

You just got going, finding your first customers, building your marketing, doing your thing. When you first started your company, you probably didn’t ponder for too long on the importance of your business model. I’ll be encouraging you to change up to a model which will increase your company’s profits, and maybe make it easier for you to earn your money.īecause that’s what we’re here for at the Joy of Business, supporting people to make good money and to enjoy running a small business at the same time. And within this guide, I’ll also give you some different types of business model, with recommendations as to how you can pivot or change your model. With this guide to business models, you can clearly define the model of your business at the moment. This article provides my definition of a business model, from the point of view of the small business owner.

Others will talk about writing up their business model, but they mean business plan. People say business model when they mean business strategy. But it seems that many disagree, and can’t quite define what a business model is. “Business model” is a term that people talk about very easily, as if we all know what a business model is.

BUSINESS MODELS HOW TO

A guide to business models, and how to pick the right one

Business models