BUSINESS
Business is the process of creating and capturing value. All viable businesses are based on a business model that represents a method for creating value for customers and capturing this value as revenue in a competitive market. The following are the basic types of business.
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A business that licenses a complete business. For example, a restaurant chain that provides everything required to open a restaurant location such as know-how, processes and branded products and services. This benefits the franchisor as they can expand profits without investing more capital.
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NETWORKS & COMMUNICATIONS
Developing products and services that meet relatively unique customer needs. Business models based on the reuse of products and assets. This is a way for a small business to compete with far larger competitors that benefit from superior economies of scale. For example, a small local bakery that offers high quality wedding cakes.
TYPES OF BUSINESS
A business that allows amateurs to access a market that was once exclusively controlled by professionals. For example, a video sharing site that allows anyone to monetize videos. This may compete with professionally produced television shows, music videos and movies. A broad category of commerce that includes any sale of goods or services that use digital channels.
PRICING
Computing
For Beginners
Computing services such as a cloud infrastructure platform.
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Communication
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Telecommunications such as an internet connection.
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Management
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Management services such as a facility management service.
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Software
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Software services such as a cloud-based sales automation platform.
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Professional Services
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Professional services such as legal advice.
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Consulting
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Work as a service. For example, an IT consultant who develops software
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Training
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Training services such as onsite defensive computing training.
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Improve Yourself
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How To Become The Best Version Of Yourself. Pursuing meaning is the true path to success. Go to the profile of BeTop.
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Finance
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Financial services such as a bond issuance.
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Insurance
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Insurance services for businesses such as workers compensation
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