UNDERSTANDING YOUR BUSINESS THROUGH A BUSINESS MODEL
When a business operates more than 3 to 5 years, business owners’ grasp on their business becomes less. There’s a feeling that it has a life of its own. Most of the time entrepreneurs have this nagging feeling that the business is running them rather than the other way around. You wish that there was a simpler way to look at the current state of your business before it gets out of hand and run you over. You hope that someone can come up with a tool to help you see your business in a more logical manner, breaking it up into understandable components like a building or a Lego set. Actually, there is a tool. The tool you need is a business model.
