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A business model is a framework for creating economic, social, and/or other forms of value. The term business model is thus used for a broad range of informal and formal descriptions to represent core aspects of a business, including purpose, offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies.

In the most basic sense, a business model is the method of doing business by which a company can sustain itself -- that is, generate revenue. The business model spells-out how a company makes money by specifying where it is positioned in the value chain.

Conceptualizations of business models try to formalize informal descriptions into building blocks and their relationships[1]. While many different conceptualizations exist[2][3][4][5][6][7][8][9], Osterwalder proposed[10] a synthesis of different conceptualizations into a single reference model based on the similarities of a large range of models, and constitutes a business model design template which allows enterprises to describe their business model

A brief history of the development of business models might run as follows. The oldest and most basic business model is the shopkeeper model. This involves setting up a store in a location where potential customers are likely to be and displaying a product or service.

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Business Model Articles

Buying and Selling Website as Business Model
by edwin teguh
Dec 02, 2008
There are many Web sites appears briefly to promote the virtues of the great turning point websites for a living and do a lot of money. Many offer courses and comprehensive consultations on the make and not make this business model. There are certain...

Affiliate Marketing Question: Is Affiliate Marketing Model A Legitimate Internet Business?
by Zack Lim
Nov 30, 2008
One of the things that you will need to be aware is that the internet business is a real business which will requires you to put in the time, effort and money to grow the business. If you are looking for a model that will enables you to get rich qui...

Internet Marketing: How to Choose the Suitable Internet Business Model
by Suraj Thapa
Nov 17, 2008
Working from home using your computer is getting more popular as more people realize the power of internet marketing. Starting a legitimate work from home business is filled with challenges and you need to correctly choose a business model that is su...

Social Network Marketing - Why the Inertia from Corporate Marketing
by Yoshiko Choy
Aug 05, 2008
The advent of Web 2.0 has given rise to the Social Networking evolution. It has transformed web interactivity to a whole new realm. The forces and its impact are still being carefully, apprehensively and sometimes skeptically monitored by corporate m...

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