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What is business model?

I am now applying for capital from one business angel.They required me to fill some online forms and one of the issues is the business model.My consultancy will provide geophysical services to mining,environmental and other sectors.But I have written this before in Customer question.What should I write on business model issues?

Answer 11833

A simple Google search returned the following. I hope it’s enough to clarify the concept for you:

a design for the successful operation of a business, identifying revenue sources, customer base, products, and details of financing


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