July 25th, 2009
Business Models for Web based StartUps
If you want to start a web based startup, its important to come up with a good business model. Business model is the most important part of any business which answers the question, How you are going to make money? Many companies don’ t answer this question when they venture out or they don’t even understand it (Sad). Here are a few business models that can fit into your business.
It’s not compulsive to fit into any of the above mentioned business models. You can draft your own business model for your startup, But, Make sure you understand it to the core. Most startups fail, because they don’t have a good business model.