5 Startup Business Models That Can Be Highly Successful


Collective location

The Business model works around having a common platform or a space for buyers and sellers. This virtual platform will provide a vast pool of options to choose from as both the demand and supply are featured in the same place. E-bay, which is one among the best online market places, has been placed around this business model. One can search through the various options and offering to filter out the best out of the bunch.

Franchise your business

Franchising your successful business model can be turned into another ground from where you can reap profit in tons. You can formulate a fresh business system with inputs from the existing business and can sell it to an entrepreneur who has a similar vision. You can compile a business hand book and provide them with the resources and train them to venture into fresh and unexplored markets. Now they will do the work for you, and you can quote a margin or commission on the business.