Is Your Small Business Model Broken?
Show Notes Page: https://www.thehowofbusiness.com/532-broken-business-model/
Is your small business model broken? How can you tell, and how do you fix it? And what do I mean by a Business Model?
The Business Idea is WHAT you do, and the Business Model is HOW you do it. And how you do it must result in profits and the ability to scale.
A strong and healthy business model supports a small business that is consistently profitable and that can scale.
How do you know if I have a strong or viable Business Model? Ask yourself these three questions (whether you are starting a business or running an existing business): Are you making a profit? Can you scale? Can you compete?
On this episode Henry Lopez helps you determine if you have a solid business model, whether you are starting your first business or already have an established small business.
This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com