Business Model Components
• Value Proposition: A feature that makes your product attractive to customers.
• Target Customer: A group of consumers who would be interested in your product.
• Competitive Advantage: A unique feature of your product not exists with your competitors.
• Cost Structure: A list of expenses your business requires to function.
• Key Metrics: The ways your company measures success.
• Resources: The physical, financial, and intellectual assets of your company.
• Problem & Solution: Your target customers’ needs, and how company intends to meet them.
• Revenue Model: A framework that identifies viable income sources to pursue.
• Revenue Streams: The multiple ways your company can generate income.
• Profit Margin: The difference between your revenue and costs.
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