Elements of Business Model:

 Elements of Business Model:

Pg.160: 

Keith J Cunningham

The Road less stupid

A business model describes how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts

Without a business model,  an idea is no business! 

Its mere hobby!

Below explains elements of the business model 

1. How many resources have to be invested ? (Time ,Money)

2. Over what period of time?

3. TO produce what volume of revenue

4. Is Revenue - Cost  = Profit , enough to justify the Risk and Effort?

5. What ROI does the investor get in what time frame?