Business Modelling – what is it? Understanding and Importance

A business model is a conceptual structure that explains the flow of the business, how a business operates and intends to achieve its goals.  It supports the viability of the business and provides a description of what and how will READ MORE

Key Components of Business Model

The business model is basically a system of inputs (capital requirements), business activities (research, planning, designing), outputs (final product/service), and outcomes (profit, customer satisfaction) that aims to generate value over the short, medium, and long term. Each of these elements READ MORE