Small Business Consulting ? Business Model ? Home Business Ideas

Before we can focus on the things which make a business model unique to a small business consulting business, let?s take a quick look at what information is contained in a business model itself.

A business model is simply a way of getting all the ideas which go into the creation of your business down on paper. It helps you to organize your thoughts, and presents all the information in a clear and logical way. This not only helps you to see your business more clearly, but also makes it easier for potential investors and others, to quickly understand your business.

Generally, a business model will cover 4 different areas: Infrastructure, Offering, Customers, and Finances.

Infrastructure

Core: What are the things that are necessary, in order for your business to do what your business does?

Partners: What other people or businesses are you working with to conduct your normal business?

Values: What are those things which make the business something good for you to be doing, and what makes it something good for your customers?

Offering

What are the business?s products and services? Why should someone go to your business for those products and services, rather than get them from another business?

Customers

Who is the target customer of your business?

How will your business deliver your products and services to your customers? What is the business strategy behind your distribution channel?

What things will you do, and what processes will you use, to develop a relationship with your customers?

Finances

Cost: What are the total costs to your business, if you successfully follow your business model to conduct business?

Income: What are all the different ways your business will make money?

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Source: http://goodbusinessideastips.com/blog/2011/08/31/small-business-consulting-business-model/

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