Tag Archives: business model

Insurance companies

How Do Insurance Companies Make Money?

Ever wondered how the insurance companies make money while they still pay huge sums of money to their customers? This question crosses many people’s minds. As of 2017, there were 20 insurance companies in the Forbes 500. Moreover, Berkshire Hathaway was second on the list with a staggering $223, 604 million that year. There are […]

ideal business model

Ideal Business Model: Learn How To Make One!

The competitiveness of your startup in the market is based on the strategy that you devise for it. The right business model is a useful tool that helps you gain a sustainable advantage over your competitors.However, it is important for you to know that several key elements constitute a business model. And you require same […]

Business Model Canvas for Better Strategic Management

If you have been following our articles, such as the one on business models, you would know how crucial it is to have a lucrative business model. Business model canvas were invented with the idea to help entrepreneurs. A good idea has a strong business model to support it. Take Facebook for example, it is […]

What is A Business Model and The Different Types of Them

A business model is an integral part of an idea or a venture. A business cannot flourish if it does not have a robust business model and means of revenue generation.  If you are someone with a prototype, your idea is worth nothing if you have not decided a business model yet. Venture capitalists want […]