The discovery of a business model is when the c-level executive of a firm sets out to discover and describe (through components) how their firm will capture and create value. A firm may already be in the market, but not necessarily have all the components of a business model figured out. After analyzing each component of the business model, they can then decide if the value is being derived, the revenue model and the
Businesses use data dashboards to learn about their present scenario, recurring trends, major drawbacks and potential improvement areas using a wide range of data. However, the effective utilization of dashboards depends on how they're built, their chief purpose and the team behind their usage. In this blog, learn everything from intelligent planning, types of dashboards and best design practices crucial to draw maximum benefits from dashboards.
Digital transformation has led to the evolution of the travel industry. The industry has made numerous progressions and has attracted many entrepreneurs to establish their business in the industry. Due to the gaining popularity in the industry, the competition among various businesses is thriving. Consequently making it challenging for people wishing to start their business in this industry. Here are some attractive business ideas that you can follow and successfully be a part of.
Trust, value, ownership, and transparency are the factors that are governing the Rental Industry. One of the fastest-growing industry has got the eye of most entrepreneurs fixated on them. There are different niches that the entrepreneur can explore according to the area they are catering to. Read ahead to know the latest trends and future of this industry.
The experiential and adventure activity segment perfectly conveys the idea of more local, adventurous, immersive and active forms of travel. Travelers believe that excursions, attractions, events and activities make their travel experience better at an emotional level. Long underestimated, experiential travel and adventure activities are now crowned as the next big growth segment. Continue reading to know more on growth within this segment, strategy to launch your own experiential and adventure activity booking business.
A two-sided marketplace business model is both simple and complex. Such a marketplace model enables you to sell products or services like any other marketplace, but without owning, manufacturing, or selling these products or services. Wonder how do you provide value then? Continue reading to learn more.
The on-demand economy is becoming popular by the day. Forsaking the comfort of full-time jobs, people are turning towards short-term, project-based jobs that offer flexible timings. Read this blog to learn how the gig economy works, its business model, and FATbit's suite of premium solutions to help you kickstart your on-demand business with ease.
The online food ordering is the key factor behind the spectacular growth of the UAE’s F&B market. It has a limitless investment appetite that attracts many entrepreneurs to launch an online food ordering marketplace in the region. This blog post will help you to look at every aspect of the current UAE online food market.
