There can be confusion about what a business model is since many people use the term but don't share a universal definition. The most important thing to remember is that your business model outlines how your business works. The five big questions a business model answers are:
In the StacDek Framework, we look at the nine elements of any business that need to work together in unison to make a business model repeatable and scalable.
Here are the nine parts of a business model that we evaluate in the StacDek Framework.
We have already addressed your target market, value proposition, and the kind of relationship you want with your customers. Now we are going to focus on how your business functions in order to deliver on your value proposition to your target customers.
There can be confusion about what a business model is since many people use the term but don't share a universal definition. The most important thing to remember is that your business model outlines how your business works. The five big questions a business model answers are:
In the StacDek Framework, we look at the nine elements of any business that need to work together in unison to make a business model repeatable and scalable.
Here are the nine parts of a business model that we evaluate in the StacDek Framework.
We have already addressed your target market, value proposition, and the kind of relationship you want with your customers. Now we are going to focus on how your business functions in order to deliver on your value proposition to your target customers.