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Good afternoon QuickBooks Community! Is everything going well? I would hope so. Today, I was thinking about when you last reviewed your revenue model? This is basically a model that helps you determine if your business model and the success of your small business will create enough income to cover costs. If you havent, I found six questions to ask yourself to build or rebuild your revenue model.
- What type of value is my company selling to my customers?
- Where is my value compared to the competitor’s value?
- What do my customers think about the value that I will give them?
- How many products and services you will sell with your revenue model?
- How will you charge for your value?
- How much will you charge for your value?
I hope asking these questions will give you a better understanding of your position and allow you to make adjustments or changes as you see fit. Until next time my Community family, be safe and take care. Bye for now.
