What is a business model?

A business model explains how an organization creates an added value, which could be in the form of money or other benefits for participants. We can find more detailed explanations about business models on the blogs of the world’s most knowledgeable expert, Alexander Osterwalder: Business Model Design and Innovation and on the blog: The Business Model Database Blog .

Each business model has a unique value formation of building blocks. This is a fact that offers limitless possibilities for creativity and innovation. For example, a business model could be combined with other business models.

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