Definition of business model in English:

Share this entry

business model

noun

A plan for the successful operation of a business, identifying sources of revenue, the intended customer base, products, and details of financing.
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.

For editors and proofreaders

Line breaks: busi|ness model

Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.