The choice of assessment criteria for the best [[Business Model]] dpends on the purpose of the evaluation being made:
''Main purposes for evaluating a business model'':
* Benchmarking with competitors
* Assessing alternative business models for possible adoption or adaptation
* Evaluating the risk in pursuing business model innovation
* Evaluating an innovative business model in terms of its feasibility and profitability
''Factors that determine a business models value potential''
* Efficiency
* Uniqueness
* Fit
* Profit booster
The assessment of economic feasibility of a business model can be based on different factors:
* Assessing the economic feasibility based on:
** Its incoming and outgoing value
** What-if scenarioes
** Sensitivity analysis
** Caution: it is difficult ot express intangible benefits in financial terms
* Three levels for measuring the performance of a business model
** Measures of profitability
** Profitability prediction
** Business model component attributes
* Additional factors that can influence profitability and viability:
** Level of ownership
** Firm's access to key information
** Conflicts 
See also: [[Business Model Canvas]]
bag
businessmodelling_public
created
Sun, 26 Sep 2010 12:49:04 GMT
creator
dirkjan
modified
Sun, 26 Sep 2010 12:49:04 GMT
modifier
dirkjan
tags
Business
M8
Model
Modeling
Term
creator
dirkjan