How to choose a startup business model that gives maximum profit?

by SMEBOOK (admin) · January 18, 2021

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There are a few facets which determine your choice in business models. Goes without saying, these must be considered when making a decision:

  • Pick a target market
  • Do research on your own products or services
  • Analyze your competition
  • Assess the potential customers or demographic
  • Find the relevant revenue streams
  • Consider the value you bring to the targeted market

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How to choose a startup business model that gives maximum profit?

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