A working business model is important to any business. Without it, your business lacks direction and focus. Thus, it is important not only to create a working business model but also to make sure it is the best possible one.
When creating a business model, there are countless angles to consider: finances, customers, resources, creativity, etc. However, by using the right tools and by approaching your business model with the right perspective in mind, you can create a business model that exceeds expectations.
Here are a few tools that YEC members and I use when creating our own business models. Ranging from the latest apps to simply a pen and paper, here are the tools we have used to build our business from the ground up and arrive to where we are today.