
Business Plans: Writing the Business Plan
Business Plan: The Business Model
A guide on how to write the business model component of your business plan.
By Greg Fisher
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Business Model (1 page)
A
business model is the profit-making engine of the business. It is central to a business's success. The important aspects of a business model that should be presented in a consolidated framework include:The sources of revenue
- The major costs involved in generating the revenue
- The profitability of the business (revenue less costs)
- The investment required to get the business up and running (to get to scale)
- The critical success factors and assumptions for making the profit model work
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