What’s The Right Business Model?
Most entrepreneurs fall in love with their business idea and already have a plan for how to make their idea a reality. You’re probably one of them! Ideally, your plan is low-risk with minimal start-up costs. The right business model helps you run your business with those criteria in mind.
A business model outlines the specific way in which you will deliver your offering. Most people think that their product should be available to everyone at every single outlet. However, that’s a multi-step process.
Topic Objective: To understand which business model options are appropriate for you and which may not be realistic.
Your Outcome: A decision about your business model.