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What is a business model?

Updated: 9/11/2023
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11y ago

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Business ModelHere is a great definition from InvestorWords:

Business Model: A description of the operations of a business including the components of the business, the functions of the business, and the revenues and expenses that the business generates.

Business model also depicts the logic of the firm and how it intends to provide and capture value from it's customers.

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