how do i build a business model 
there are many steps to building a business model and there is no single consistent process among business experts in general a business model should identify your customers understand the problem you are trying to solve select a business model type to determine how your clients will buy your product and determine the ways your company will make money it is also important to periodically review your business model once you ve launched evaluate your plan and adjust your target audience product line or pricing as needed the bottom linea company isn t just an entity that sells goods it s an ecosystem that must have a plan on who to sell to what to sell what to charge and what value it is creating a business model describes what an organization does to make a profit after building a business model a company should have a stronger direction on how it wants to operate and what its financial future appears to be 