The components of a business model
Monday, December 18th, 2017As we discussed in our last post, a business model is a blueprint for the business, outlining how you’re going to run your business, and how you’re going to make money. It’s made up of five elements: Business concept Value chain position Calculating customer value Revenue sources and cost drivers Competitive advantage Let’s take a closer […]
The business concept: Putting it all together
Saturday, November 29th, 2014Learn how to create a strong business concept statement.
The business concept: The product or service definition
Saturday, November 15th, 2014The product or service definition is an important part of the business concept.
The business concept: Value proposition and the compelling story
Sunday, November 9th, 2014The value proposition and compelling story are two key aspects of a business concept.
The business concept: Who will buy?
Saturday, November 1st, 2014Who will buy? Answering this question is the first step in creating a business concept.