Could you please explain to me what a business model is so that I might actually be able to grasp the concept. I am so lost. Thank you in advance for any assistance.

Answer 1

Overall, it's a detailed plan by which a person plans to start and run a business.

http://www.investopedia.com/terms/b/businessmodel.asp#axzz1lnqDIrkS

http://en.wikipedia.org/wiki/Business_model

http://www.dummies.com/how-to/content/defining-your-business-model.html

Answer 2

Thank you so much, you have no idea how much you helped me with just one sentence and three links. I greatly appreciate it.

Answer 3

You're very welcome!