Getting Value Out of a Business Model

The Up and to the Right | Small Business | Practical, Actionable, Sustainable Improvements

See the show notes: https://b50p.info/uattr025
Welcome to the recording of my first livestream! There were a few hiccups in the beginning but we got through it!
In this livestream/episode I continue the discussion from the last episode (audio only sorry) of Up and to the Right when we talked about the definition of a business model. This time I talk about how to get practical value out of a business model in the context of small business. Can small businesses get value out of business modeling? Using a specific example from one of my own businesses I go through how I modeled the business and how we can get value out of the exercise.
While there is no real 'right' or 'wrong' way to develop a business model that works for you I'll outline below how I went about it for my own business.