Business Models: Survive and Thrive
As we maneuver the world during such hard pandemic times, we quickly notice how the world has rapidly changed around us. Some businesses were hit hard, while others managed to make it, thanks to new ideas, a flexible business model, and a high adaptation to change. During such challenging times, it is of great use to experiment and innovate.
Entrepreneurs can use the business model to explore, test, and model multiple cost and revenue structures. Exploring alternative business models can help you assess if your business idea is viable, attract investors, and drive your entire management strategy if you are just getting started. It serves as the foundation for making financial predictions, identifying milestones, and establishing a baseline for analyzing your business plan for established businesses.
Find out in this E-book:
- Understanding what is a business model
- Build/choose your own unique business model
- Learn about the Mckinsey's 7-S Model to examines a company's organizational architecture if they are correctly aligned and allow the company to achieve its goals.
- ...and more!