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Welcome to Business Models Guide

 

Business Models Article

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Why is a business model needed?

from:

A business model is a framework that helps you understand your business better as well as acts as a tool to explain the concept to others. There are many realistic reasons as to why a good business model is needed and why you should get one for your company immediately. Business models have been in use for a quite some time now and with time they are becoming more and more advanced, organized and technological. This is because in today’s business world the market is so penetrated by others trying to get their products in the market. Another reason is the massive size of many of our corporations that go to other countries like China for business.

A business model in China (I will use China just so it’s easier to understand) is more than needed it is necessary, and not in just English but also in the Chinese language. It is necessary because when discussing business with foreign clients it is at the up most concern to get your idea across clearly and the best thing for that is to have a model.

So what does this model show? A business models main reason is to show how the business or product intends to make money or makes money, but it can also show you how a certain business is interconnected with clients, it can show revenues, it can show practically everything and anything related to a specific business.

Another reason a business model is needed is so that business’s can show how a business works to anyone, especially people in the Multi Level Marketing business. If you’ve ever tried an MLM business you have seen a business model. When they show you a triangular money scale, or any other type of scale, for that matter, they are showing you a business model which tells you how the money is earned.

The main goal of business model, after showing you how it makes money is to get you to be a part of the income opportunity. If it is a good one, it will interest the clients and impress them too, on many occasions. If it succeeds then it must have been good, and that’s why many large corporations are actively seeking new and better business models so that they can make new clients and prospects. Having a business model and showing it to potential business buyers or investors will greatly increase your chance at the business game of persuasion.




 

Business Models News

Time Warner CEO: Digital Offers More Opportunity Than Risk - Wall Street Journal


Time Warner CEO: Digital Offers More Opportunity Than Risk
Wall Street Journal
He also said HBO, Time Warner's premium network, has led the way to new business models, like video on-demand and HBO Go, which puts HBO programming online ...
Bewkes: Retrans Is Good for Time WarnerBroadcasting & Cable
Time Warner CEO bullish on growth prospectsHollywood Reporter

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Foursquare Gives Businesses New Analytics Tools, Flirts With A Business Model - The Business Insider


The Business Insider

Foursquare Gives Businesses New Analytics Tools, Flirts With A Business Model
The Business Insider
Getting businesses engaged with the product is also the key to creating a real revenue model for Foursquare. Promotional deals have long been expected to be ...

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Viacom Says 'Daily Show' May Return to Hulu if Model Changes - BusinessWeek


The Business Insider

Viacom Says 'Daily Show' May Return to Hulu if Model Changes
BusinessWeek
... Executive Officer Philippe Dauman said “The Daily Show” and “The Colbert Report” may return to Hulu.com if the video site's business model changes. ...
'The Daily Show' Could Be Coming Back To HuluThe Business Insider
Viacom CEO On Hulu: Not Enough In It For UsWall Street Journal

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Google Launches Apps Marketplace - Enterprise Irregulars (blog)


Google Launches Apps Marketplace
Enterprise Irregulars (blog)
... the list represents a wide range of partners – some are very obvious fit, others bring questions re. future business model. Just picking a few randomly, ...

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Highlighting a feeble business model - Financial Times


Highlighting a feeble business model
Financial Times
Gapper Blog (Richard Milne): EADS was meant to be the model European company. That long ago ceased to be the case, unless the model it was ...

and more »

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