REVENUE MODEL

Defining a revenue model for your new business is a necessity; it's the underpinning of success.

Defining a revenue model for your business will help you:

1. Stay focused on a niche and a target audience
2. Give you a foundation for your product or service development plans
3. Provide a foundation for your marketing plans
4. Begin a line of credit or get a loan
5. Raise capital

For example, Google offers targeted advertising solutions and global Internet search solutions. Its principal products and services. Therefore the revenue of Google is from "pay per click advertising program"