What are some common startup business models?
by SMEBOOK (admin) · January 18, 2021
There are a lot of business models out there which suit various purposes depending upon the customer base as well:
- SaaS (Software as a Service) : A SaaS business model means delivering software to customers, usually enterprise software to enterprise clients or/and SMB clients, and gain revenue by charging a subscription (monthly, annually, etc) for the software.
- Data : Data business model startups extract value from collecting, and sometimes cleaning, reformatting and assessing data.
- Hardware : Hardware startups create hardware-using devices and gain revenue by charging for the devices or/and software or/and services alongside with the hardware.
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