It’s very common to make confusion on what’s the difference between Business Model and Business Plan. But, in fact, they are similar only in name. Their functions and purposes are quite different and, actually, complementary.
A Business Plan is a perfect tool to write the most accurate portrait of the market, product/service, and entrepreneur’s behavior and attitude.
Groupon Business Model has taken the world by storm almost over 10 years ago with its high-discount coupons. After many ups and downs, how is it holding up? Let’s take an in-depth look.
The Lean Canvas is a business modeling tool created to help deconstruct a startup idea into its key and most risky assumptions. Deeply influenced by the lean startup methodology, the Lean Canvas servers as a tactical plan to guide entrepreneurs navigate their way from ideation to building a successful startup.
The Facebook business model is a multisided platform. Although other brands have called themselves “social network” before, such as Myspace or Orkut, it’s fair to say that the first to turn this digital environment into a successful business model is, no doubt, Facebook.
Google Business Model is a Multisided Platform. What started as a search company is nowadays a tech giant that has multiple offers. Can you imagine business, studies and entertainment without Google today?
