As easy as they may look, creating the right business model can be challenging sometimes.
So we’ve put together a template for Entrepreneurs to use to build and refine their business model.
Step 1: Identity who’s the seller and what you are selling?
Step 2: Who/What are the essential contributors
towards the creation of the service/product?
Step 3: Identify Target Customer Segment
Step 4: Identify Customer needs
Step 5: Identify Offerings
Step 6: What are your Delivery Models?
Step 7: Where do we stand in the value chain?
Step 8: How do we make a profit/ What is our business model?
You can use the Business Model Template Here
If you can’t create one, try adopting one of the Business models listed here.