Business Models 101
So you have a great idea and you want to create your company. This is GREAT.
Starting something on your own, creating value for you, your family and the world is a totally recommendable thing to do. The world has been made by people like you. Entrepreneurs. Self-Made Men, Creators, Builders people that believed an obstacle is just another great challenge to overcome, to solve and put behind them as an achievement.
So in order to give your business idea all the chances for success, it is important to go through a few important points that should not be forgotten before starting your race towards success.
The main part is to define clearly your business idea: this is called the business plan and part of it is the business model which we are discussing here.
Our Example for the next 7 pages: A cupcake Factory
A business model is made of various parts.
The Value Proposition