As a business modelling consultant you are required to suggest suitable business model to your client. In this scenario what are the key components you're going to explain to them before finalising the business model?

Answer 5(a) The key components of a business model are as under: High Level Vision: A basic description of any business model, i.e., couple of sentences which describe the big picture and overall intent of the promoters. Key Objectives: The top goals and plan to measure them. Customer targets and challenges: The types of customers who will purchase the solution, along with their exact pain points. Pricing: How will you package your solution and what it will cost. Messaging: A clear and compelling message that explains your solution is worth buying. Go to market: The channels that you will use to market and sell to your customers. Investment: The costs required to be incurred to make the solution a success. Growth opportunity: The ways that you will grow the business, including key partnerships if you need them.