Your business model is invariably based on the business model canvas, which explains how any business works:
You use your resources (human resources, information, processes, infrastructure and systems) to develop and sell products and services of value to paying customers. This generates revenue, which covers the costs of buying products and services from partners and paying salaries and other costs of running the business.
Running a successful business means continuously generating higher revenue than costs. This is why continuous improvement is essential for maintaining business continuity.
An inherent mechanism in any business is that all costs and sales are recorded as transactions in a ledger. This makes the ledger (typically managed in an ERP system) the ultimate and indisputable source of information about all activities in the business.
Partners
Partners deliver products and services you need to develop and deliver yours.
In continuous improvement it’s relevant to look for
Activities
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Products and services
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Position
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Channels
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Customers
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Revenue
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Costs
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