The Subscription Business Model: Definition, Examples, Advantages, and Disadvantages
According to a report by McKinsey & Company, the global subscription industry is expected to reach $2 trillion by 2025. This is an astronomical number but shouldn’t be much of a surprise since 86% of [..]
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The High Touch Business Model and How it Works
As an entrepreneur, you’ve most likely established your startup having recognized a gap in the market. Or perhaps you’ve identified the opportunity to introduce a unique product or service that your [..]
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The Beauty Salon Business Model: Types, Advantages and Disadvantages
1 year ago
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For many people, a trip to a beauty salon is something to look forward to. Many people love the idea of going someplace to improve their looks, feel better about themselves, and socialize with others. Centuries ago, beauty [..]
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The Lawn Care Business Model: Types, Advantages and Disadvantages
Many potential entrepreneurs who are looking for a business venture where they can start quickly, generate predictable revenue, and launch with low costs have many different options. There are many business models that fit [..]
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The Laundromat Business Model: Types, Advantages, and Disadvantages
Many first-time entrepreneurs seek businesses that can make a profit without needing too many people, and without requiring a lot of training or expertise. While many opt for online businesses, some others would prefer a [..]
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Understanding the Low Touch Business Model
Technology continues to influence the business world and help companies innovate their processes. Since Covid-19, and even before then, consumers have increasingly appreciated being able to enjoy products and services by [..]
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Is the Equity Crowdfunding Model a Better Alternative to VC Funding?
1 year ago
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Sick of chasing after angels, VCs, and bankers for funding to grow your business?
You might not have to anymore.
Equity Crowdfunding is giving promising young companies a chance to raise money from the crowd in a whole new [..]
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Pros and Cons of a Freemium Business Model
The Freemium business model has been around since the 1980s, but it has recently gained more popularity. The basic premise is that a company will offer a free version of its product or service, but the company will also [..]
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4 Main Types of Crowdfunding Business Models
1 year ago
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For many founders and business owners, finding funding is always a priority. This is especially true for newer businesses and startups that may not have even launched their product yet. Fortunately, there is a business [..]
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How to Build a Consulting Business
A successful consulting business doesn’t just happen. There are more than a few, interrelated keys to success. That also includes consultants who help businesses reach their goals and solve internal problems. [..]
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