What Is a Business Model - Is It Important For Success?

What Is a Business Model - Is It Important For Success? - http://greatbusinesscontent.com Avatar Posted by greatcontent under Management
From http://greatbusinesscontent.com 3417 days ago
Made Hot by: SimplySmallBiz on November 26, 2013 9:53 pm
Developing a business model is boring if you don't like to make money. Every business owner works their business model every day, it's all the day to day stuff. So why get formal? Because it will show you where to focus to make more money using the same amount of time.





Comments


Written by lyceum
3408 days ago

John Waters, Thanks for sharing your view on business plans. Have you talked with Tim Berry about this topic?



Written by lyceum
3411 days ago

Have you tested lean canvas business model?



Written by greatcontent
3410 days ago

Yes, I have tested the lean canvas business model with two recent start up businesses. One was a more complex nanotechnology where we collaborated as a group using the lean canvas method.

In my experience, the lean canvas business model is a much more practical method to developing a useful, single diagram that describes the business vs. a business plan which is more of a document for investors or stakeholders that is rarely read or used.

John Waters-



Log in to comment or register here.
Subscribe

Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!