Archives Tag: business model
Business Model: What It Is and How To Create One For Your Business
April 19, 2022
Most new entrepreneurs when starting in business spend more time fantasizing about their product or service and the expected profit from them. They fail to take time to define the approach which their new business will take to ensure they can serve the needs of their customers profitably and sustainably. This simple act is known … Continue reading Business Model: What It Is and How To Create One For Your Business
What Businesses In Nigeria Can Learn From The Japanese Business Model
April 19, 2022
In the 1970s, businesses across the world began to acquaint themselves with Japanese ideologies and business models. Japan had recovered from the Second World War in such a short time, its economy was booming. Scholars and observers echoed the “Japanese economy miracle” as one of the great feats of the 20th century. What more? … Continue reading What Businesses In Nigeria Can Learn From The Japanese Business Model
How To Use The Business Model Canvas Template And leverage It For Business Success
April 19, 2022
The Business Model Canvas (BMC) has presented start-ups and existing businesses with a great strategic management template for developing new business models and documenting existing ones. It is therefore useful and important to understand how to use and leverage it for business success. Read more about Business The Business Model Canvas was proposed by Alexander … Continue reading How To Use The Business Model Canvas Template And leverage It For Business Success
By funke-medun
How to Build a Business Model that Generates Significant Revenues
April 19, 2022
What is a Business Model? Your business model is your plan to create, deliver, and monetize value. It’s a description of all the important things you will do to ensure that your business serves its customers and continues to gain from doing so. Such a model will cover the structures that will make cost-effective products … Continue reading How to Build a Business Model that Generates Significant Revenues
