Considering the systems and experiences that your business will need to be successful.
A business model is a description of how a business conducts daily operations and makes money. This term covers a broad range of informal and formal
descriptions of the business offerings, strategies, infrastructure, organizational structures, trading practices, partners and operational processes
and policies.
The ability to create and sustain value must be demonstrated to be considered a viable business. The following video can help you determine the business
opportunity of your new product or service. In some cases, a product or service idea may not merit an entirely separate business model but could be
licensed to an established company.
Presenter: Mr. Jason Voiovich, Ecra Creative Group
Mr. Voiovich will share with you the elements of a Business Assessment process including operational feasibility, required resources, and legal due diligence.
* These videos are intended for general guidance only. Since professional advice must always be specific to the circumstances of a particular situation,
the information presented here should not be viewed as professional advice on advancing your specific technology or idea
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