Business Model

timer Asked: Oct 21st, 2018
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Question Description

Assignment 1: Business Models

Due Week 3 and worth 100 points

What is the best business model for the small business or startup you have chosen? In one page, outline at least three different business models and then select the best model for your business. Then, give a short statement explaining why this is the best model. Remember, you will take feedback from all submitted portions of your plan, revise, and then submit the final business plan in Week 9.

Write a one (1) page outline in which you:

  1. Briefly describe three different business models.
  2. Select the best business model for your business.
  3. Create a short statement explaining why the business model you have chosen is the best model for your business. Give at least three supporting facts for your choice.
  4. Format your assignment according to the following formatting requirements:
    1. Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
    2. Include a cover page containing the title of the assignment, your name, your professor’s name, the course title, and the date. The cover page is not included in the required page length.

The specific course learning outcomes associated with this assignment are:

  • Examine the process of innovating and developing ideas and business opportunities.
  • Analyze different innovative business models to determine the best model for a specific venture.
  • Analyze the management of a successful innovative company.
  • Use technology and information resources to research issues in entrepreneurship.
  • Write clearly and concisely about entrepreneurship using proper writing mechanics.

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Shani’s Place Those caring for an individual with a disability face a wide array of challenges. They must identify the appropriate support services and coordinate the transition of these services at several different points in their loved one’s life. They may also have to work with several different medical specialists as well as deal with their insurer. And they often must do all this while caring for other children and meeting all the demands faced by any family. Shani’s Place will be was established to support individuals with disabilities as well as their families. We want to be a resource, to share our expertise in any way we can to help. I would like my startup business to focus on offering adults with disabilities the ability to be as independent as possible to include living on their own with the support they need. I would like to offer apartment style living with on-site support services such as; social worker, transportation, credit union, mini grocery store, cafeteria and a nurse. ...
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Tutor Answer

School: UIUC



Running head: BUSINESS MODEL

Business Model



A business model is a conceptual framework that enhances the success of a firm. It
entails the purpose as well as the goals of the firm and how the company plans to achieve all the
goals and purposes. There are different types of business models. Three of these business models
include manufacturer, distributor, and franchise. A manufacturer bu...

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awesome work thanks

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