Influence must be sustained: Creating your business model
Okay let’s get into the importance of having a strong business model in order to make money and sustain your business! A business model put simply, is the way in which a company creates and delivers value to customers while also generating revenue for the business. Having a clear and well-defined business model can help you to understand your target customers, identify potential revenue streams, and develop effective marketing strategies.
Make your business model flexible and adaptable to changing market conditions, review and update it regularly! If you want to make money and thrive in the long term – you’re business model needs to be strong and effective!