A business model is a framework that outlines the core elements of a company's strategy for creating, delivering, and capturing value. It describes how a company generates revenue, manages costs, and creates a sustainable competitive advantage in its industry. A business model includes elements such as the target market, revenue streams, key resources and partners, channels to reach customers, and cost structure. An effective business model is crucial for any organization to achieve long-term success and profitability. It provides a roadmap for the company's operations, helps it to stay focused on its goals, and allows it to adapt to changing market conditions. The book "Business Model Canva" shows you the way through all these. What are you now waiting for?
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