9 Basic Tips of a Business Model


Don’t Start or Run your Business without a Business Model: 9 Basic Tips of a Business Model

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People talk about Business plan a lot,  but Business plan is mostly needed by Investors  , but a business model is a must have for any startup or entrepreneur as it helps  create a road map, gives clarity and focus to your set goal  in a sustainable level by connecting all variables to work for you.

With a Business model, you can identify  the following 9 fundamental tips at a glance :

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1.Key customers
2.Value proposition
3.Key partners
4.Key activities
5.Key resources
6.Channels of reaching customers
7.Customer relationship
8.Cost structure
9.Revenue stream

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Understanding this will help you as an  entrepreneur to run your internal business affairs  on a daily basis and make you to achieve your overall goal.

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