Have a Business Model That Works
Philip Coombs
Profit Improvement | Business Mentoring | Business Coaching | Leadership Training | Business Strategy | Melbourne
Your business model is how you intend to make a profit.
A business model is an integrated set of strategies that work together to solve a person's problem, satisfy a want or need, AT A PROFIT!
Strategies must include:
- A vision for your business
- A purpose of your business
- Your target markets/customers
- The problems your products/services are designed to solve
- Your method of delivery
- Your financial model
- How to achieve positive cash flow
- Your strategic competitive advantage
- The key resources required to run your business
If you're not making a profit or enough profit, review your business model.
If you need help applying any of these points in your own business, I’d be only too happy to help. Please call me on (0419) 834 -678 or send me an email at [email protected]