The Business Model chapter of the business plan to be authored this week should address:
How will you make money? How can you lose money?
How will you price the product/service? Are there comparably priced solutions in your market? Are there other surrogates you can use to ballpark the price?
What are the major dependencies of your business model (staff, suppliers, expertise, rapid adoption, validation, breaking through noise barriers, etc.)?
What is the key metric to determine if your business is a success? When will you reach this milestone?
Are there follow-on or derivative products/service and/or revenue streams you need to consider as part of the overall business?
Sample Solution
