A business model is a logical and comprehensive representation of how a business will operate at all levels and generate profit. In other words, it outlines the unique value proposition offered to customers and how the business idea will be monetized.
A well-defined business model can be invaluable to entrepreneurs, as well as investors, creditors, business partners, and grant providers.
CONSULTEX provides support to clients in creating business models of varying complexity. As a result of developing the business model, the client will receive a document that describes the business idea based on the following components:
- Identification and description of target customer segments.
- Description of the value proposition to customers (the set of benefits offered or how customer needs/requirements will be satisfied and their problems solved).
- How the value will be delivered to target customers (distribution and communication channels).
- Organization of customer relationship management.
- Main and auxiliary activities.
- Revenue structure (including pricing policy).
- Necessary resources (materials, financial, human, intellectual, etc.).
- Business partners.
- Cost structure and expenditures.
Through this process, the client gains a clear understanding of how the business idea will be transformed into a successful venture.