Business Model Introduction and Development

Presented by Micahel Crain, 

• Executive Partner: BAM Ventures LLC
• President and Founder: B²Hub Accelerator Program (nonprofit)
• VP Business Operations: Condor Exploration LLC

The development of a business model enables the essential alignment between operations and strategic business planning while improving the core business processes. The result allows for critical insight to increase control and consistency, improving operational efficiencies that drive competitive advantage. Business models are also known as profit models – supportive of operating with a positive result. Establishing a business model empowers planning for growth and financial sustainability. Developing a business model typically focuses on the customer, market, and deploying cost control techniques to guide critical budgeting and expenditure decisions.