Question

In: Finance

What does Business Model: Key Revenue Streams mean when writing a business plan?

  • What does
    • Business Model: Key Revenue Streams

mean when writing a business plan?

Solutions

Expert Solution

Business Model

  • How does your business make money?
  • What do you actually do?
  • Which gap are you trying to fill?
  • How do you generate revenue?
    • What are your revenue drivers?
    • What are those variable whose addition / subtraction / multiplication / division gives the revenue?
  • What are your cost drivers?
  • Is your business asset heavy or asset light?
  • Is it capital intensive or capital light?
  • Is it scalable? Can it be easily replicated?
  • Entry barriers: How easy is it to copy your business?
  • Uniqueness, USPs

Key Revenue Streams:

  • Revenue drivers: what drivers revenues? What leads to generation of revenues?
  • Geographical segments
  • Business segments
  • Operating segments
  • Sources of revenues
  • For example: A company like Accenture have following different revenue streams:
    • Management consulting
    • Technology consulting
    • System Integration
    • Outsourcing
  • Further the revenue streams can be arranged geographically say:
    • North America
    • Asia & pacific regions
    • Latin America and so on...

Related Solutions

What does Momentum, Traction, Expertise: Your key numbers mean in writing a business plan?
What does Momentum, Traction, Expertise: Your key numbers mean in writing a business plan?
what does * mean when writing an equation pls
what does * mean when writing an equation pls
What does it mean when people say, “plan for retirement”?
Answer the following in 25 words or moreWhat does it mean when people say, “plan for retirement”?How should you “plan for retirement”?How does what you learned about stocks, bonds, and mutual funds benefit retirement plans?Where does your income come from in retirement? How do you calculate this income for planning purposes?What if you don’t plan for retirement?
NEW BUSINESS VENTURE ASSIGNMENT #5 Business Model Canvas elements: Revenue Streams, Cost Structure Answer the following...
NEW BUSINESS VENTURE ASSIGNMENT #5 Business Model Canvas elements: Revenue Streams, Cost Structure Answer the following questions and upload the completed form to Canvas. Your business idea : can choose any business to fill the question or blanks below as being asked. What is the product that you sell? Revenue Streams - Update the “menu”, listing the main product or service you will sell, and the price you will charge (just use 1 product). Estimate number sold per month &...
1. What business model could Zumba use? 2. What are the key revenue and cost drivers...
1. What business model could Zumba use? 2. What are the key revenue and cost drivers for your recommended model? 3. What do you feel are the key aspects to implementing this model? minimum 300 words
1. What business model could Zumba use? 2. What are the key revenue and cost drivers...
1. What business model could Zumba use? 2. What are the key revenue and cost drivers for your recommended model? 3. What do you feel are the key aspects to implementing this model? minimum 300 words
What does making a personal business model canvas mean when becoming an entrepreneur/acting in entrepreneurial ways?
What does making a personal business model canvas mean when becoming an entrepreneur/acting in entrepreneurial ways?
What is a revenue variance and what does it mean?
What is a revenue variance and what does it mean?
Writing Business Plan is a waste of time.Discuss
Writing Business Plan is a waste of time.Discuss
What does it mean for its shareholders when a company is applying most of its revenue...
What does it mean for its shareholders when a company is applying most of its revenue to the repayment of loans?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT