A business model is a method of doing business by which a company can generate revenue to sustain itself. The two principal components of the business model are the value proposition — what customer need is being fulfilled by the business — and the revenue model — how a business or EC project intends to ...

A business model is a term used for a broad range of informal and formal descriptions that are used by enterprises to represent various aspects of its business, including its purpose, offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies.