To be successful, a business needs to have a plan for revenue in the short term and profitability in the long. Early-stage founders might be tempted to come up with half a dozen ways the company could ...

While there are many forms of innovation that a company can develop - such as product, process, network and customer experience innovation – business model innovation is one of the most powerful ...

A revenue model is a narrow answer to that question. The revenue model is the combination of all your revenue streams. It’s concerned narrowly with the area of your business that involves clients ...

Business models define how companies earn revenue, including methods like subscriptions. Understanding a company's business model helps investors assess potential profitability. Different industries ...

The Canvas concept in business refers to a visual chart that outlines a company’s business model elements. Much like an artist’s canvas, which serves as the foundational layout for a painting, a ...

Forbes contributors publish independent expert analyses and insights. Dr. Cheryl Robinson covers areas of leadership, pivoting and careers. In recent years, a profound shift has occurred in the way ...

The key to building a successful business for the long term–and potentially the opportunity to sell it for top dollar down the road–is to ensure that you have a rock-solid business model as your ...

A lean business model is an approach to business development that focuses on creating value for the customer while minimizing waste within the organization. This model derives its core principles from ...

For entrepreneurs who don’t want to start and run a company on their own, community-focused co-ops may be the path forward. In the traditional style of business, employees don’t have as much say in ...