As many different types of possible businesses in the world today, there are many more ways to go about developing them.
You can short cut the learning curve by adapting one or a multiple of business models from other businesses at the start of your business to support you in getting where you want it to grow.
There are big business models as well as small business models, both are applicable to any business of any size. Typically the difference is a small business model focuses on how the business is delivered, and big business model focuses on how the business is structured and grown.
Stage one of the BrandU Business Profit System works you through the steps to define the revenue model for the beginning or expansion of a business as part of its overall structure and living business plan.
You can find business model examples by looking at successful business and dissecting what they have done.
A quick article “5 Influential Business Models”, in How Stuff Works this month, looks at models of five large businesses today, including Dell Computers and Amazon.com.
Interesting to note, each business noted in this article adapted a model from another successful business that came before them.
See if you can apply any of the models to your business. It may be a wonderful way to start off 2010 in a powerful new direction.
Note: Adapting a business model should only be about 10% of your approach to business. Your uniqueness and market share is made up in the remaining 90%.
Written by Kim Castle
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