Busines Model for Start Up Organisation |
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BibTeX: |
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@article{IJIRSTV1I4004, |
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Abstract: |
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Business model is a reflection of the firm's realized strategy. The business model is an abstract concept with many facets. It describes the implementation of a business concept and is used for multiple purposes by different users. We find that in simple competitive situation there is a one-to-one mapping between strategy and business models which makes it difficult to separate the two notions. For a start up company it is very important to develop a business model for it growth and acquiring a place in the market. I developed a model known as "PADDY FIELD BUSINESS MODEL" which points out the important areas of a start up company. It includes the organizational structure, investors, resources, product features, market analysis, licensing and pricing, customers and revenue. The model focuses on every aspect from starting of an organization till the generation of revenue and the organization growth as a whole. |
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Keywords: |
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Business model, licensing, network layers, resources, virtualization |
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