Ep. 22 What’s a Business Model and Why Do I Need One?

In this week’s podcast I introduce my definition of a business model and explains why it’s essential to design your business around a model and be purposeful in your strategy. I cover everything from your processes and systems to staff structure, pricing and values. I outlines my 7 key elements of a business model and how each of these will increase your profit margins and allow you to sustain your new business, or grow an existing one.

 

Music by http://www.scottholmesmusic.com