Reference no: EM133225994

Question 1. Describe the revenue model you will use. Note: The model you select must be one of the models presented in your textbook.

Question 2. Explain why your chosen model is the best fit for your proposed business.

Question 3. Describe two complementary revenue models that you would utilize to reduce risk in operating your business. When possible, revenue models should be aligned to reflect core business operations.

Question 4. Reflect on your business proposition, and identify one additional action you can take to develop another source of revenue that will help minimize the lost revenue risk associated with your initial revenue model. Provide the following information in your reflection:

- Describe the changes you will have to make to your business to generate another revenue source.

- Identify the specific revenue model associated with the additional source of revenue.

- Explain why you think the additional revenue model will mitigate the risk of concurrent revenue loss.