Friday, March 26, 2021

How to Select a Business Model for Startup?

How to Select a Business Model for Startup?

A business model amalgamates - Offering: Market attractiveness, unique value proposition + Monetization: Profit model, sales performance model + Sustainability: Ongoing competitive advantage, innovation factor, pitfall avoidance, graceful exit. Out of the many that we've listed in the following excerpt, see if you find the one you seek. Often these business models work in conjunction and require frequent tweaks. Read ahead to know the available types of business models for these newbies.