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Writing a Business Model

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From Quick Guide: Business Plan How-To

Summary: A business model is a simplified business plan that is an overview of a company, and it usually includes income, expenses, marketing and potential customers. Discuss what is currently being worked on in a business model with help from an experienced businessman in this free video on planning a business.

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By John Niemira
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John Niemira is a professor of business at Stevens-Henager College in Salt Lake City, Utah.read more

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Video Transcript

"Hi, my name is John Niemira and I want to talk to you today about writing a business model for your business. Writing a business model is a simplified business plan. A business model is an overview of your company. It's not a breakdown in detail like a business plan, it's a model. One, it has basically seven to ten different sections. Which include your income, which include your expenses. Include things like marketing, potential customers, what you're working on now, what you're looking for, what you're going to need for capital for your business. Where you want to go with it and who you want to approach with your business. A model can be as simple as using somebody else's plan and modifying it to fit your business or developing it from the ground up. Business model is an overview, it's a model of your business. What you want your business to look like, where you envision your business going. If you need any more information on this subject or any other subject in the business field, my Email address is jniemira@gmail.com."

eHow Article: Writing a Business Model

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