A business model refers to how a company creates, delivers, and captures value. It defines the company’s strategy for generating revenue and profit. Common business models include subscription-based, freemium, direct sales, and franchise models. Understanding a business model helps in analyzing its financial structure and long-term viability.
A bank loan is a sum of money borrowed from a financial institution, which is to be repaid with interest…
A bookkeeping system is a method or software used to record financial transactions, track income and expenses, and maintain accurate…
A breach of contract occurs when one party fails to fulfill the terms outlined in a legally binding agreement. In…
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