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Developing an Effective Business Model - Coggle Diagram
Developing an Effective Business Model
WHAT IS FEASIBILITY ANALYSIS
Process of determining whether the business idea is viable
Preliminary evaluation of business idea, conducted for purpose whether the idea is worth pursuing
WHEN TO CONDUCT FEASIBILITY ANALYSIS
Timing of feasibility analysis
Component of properly conducted feasibility analysis
forms of feasibility analysis
organisational feasibility
financial feasibility
industry/target market feasibility
Product/sercve feasibility
GENERAL CATEGORIES OF BUSINESS MODELS
Standart business models
Advertising business model
Auction Business Model
Bricks and Clicks Business Model
Disruptive business models
Direct to consumer computer sales
Online text ads on search engine
Software as service
Cloud based service to connect riders and people wiling to provide rides
BARINGER/IRELAND BUSINESS MODEL TEMPLATE
Many agree that a successful business model has common set of attributes
These attributes can be laid out in visual framework or template to see the individual parts and their interrelationship
CORE
Basis differentiation
Business mission
product scope
target market
FINANCIALS
Cost structure
Financing/funding
Revenue streams
RESOURCES
key assets
core competencies
OPERATIONS
Channels
Key partners
Products production