Ten Brilliant Business Models

By: EW News Desk Team   Date: 11 May 2011

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EW News Desk Team

Always on the look out for the latest news to monitor the state of the world economy.

EconomyWatch, News Desk Team

 

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11 May 2011

Business models today are vastly diverse from one company to the next. Especially with the rise of the internet and online businesses - there are more strategies for businesses than ever before to capture, market and sell to consumers. Some of those models succeed, some fail - and some keep evolving. A clever and innovative business model is even more important when it comes to start-up businesses:

All successful ventures need a clear business model, and any qualified investor will want to see it before making an investment. The poor economic environment means even more emphasis will be placed on your business model. But what is a business model? Investors and entrepreneurs throw this phrase around a lot, often without examining what it really means. On a basic level, a business model tells us how a business makes money. - Tom Taulli

So, want to kickstart your business with a winning model? Here are the top 10 business models of 2010 to inspire you:

10 business models that rocked 2010 - by @nickdemey (boardofinnovation.com)

Do you have a good idea for the next million dollar idea? Tell us which business models you think will come out tops in 2011.


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