A Business Model is a viable, feasible, strategic and sustainable plan that explains how your company will make money (revenue) and create value for its customers. Make your business goals and activities precise and measurable in relation to time and cost so you can calculate (ROI) Return on Investments: SMART (specific, measurable, assignable, realistic, and time-related) is a tool to evaluate your plan.
Below is a business model I designed just for you after taking many workshops, classes and experimenting. This model can be used for various efforts. This model is included in my updated 2017 e-book Essential Online Free Tools for Bloggers. The new edition includes new tools and a blueprint for a blog business model, SWOT (strength, weakness, opportunities and threats) analysis, marketing action plan and more. A blog and technology will not make your blog successful but with tools included in my updated e-book you will be on your way.
More FREE Online Resources:
- 10 Innovative Bloggers Business Models by Problogger- great article but not strategic model as below.
- Blog Monetization Model: The Most Effective Blog Revenue Strategy That Exists –Excellent article a little overwhelming but allows you to you see the benefits of at least starting a simple plan as I have designed for you.
- What is the difference between a business model vs, business plan.– a great article describing the difference in plans. However, many business models are one page as the blueprint I have designed.
Essential FREE Online Tools for Bloggers- Business Model excerpt.