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business model

Syllabification: busi·ness mod·el

Definition of business model in English:

noun

A design for the successful operation of a business, identifying revenue sources, customer base, products, and details of financing: many of the free sites have either shifted their business model or have gone out of business completely
More example sentences
  • The franchising business model has flourished in Ireland over the last decade.
  • The company is changing its business model away from reliance on revenue sharing.
  • Analysts said the City would watch closely to see which business model worked out better.

Definition of business model in:

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