Dictionary Term

Business Model


A business model is a description or a plan outlining the elements of a business that work together to create revenue. A good business model not only helps create revenue, but also supports sustained profitability over the course of time.

Sources :

http://www.investopedia.com/terms/b/businessmodel.asp        http://www.businessdictionary.com/definition/business-model.html         http://en.wikipedia.org/wiki/Business_model

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