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Mastering Your Business Model

Melissa Franks

In this conversation, Melissa discusses the fundamental principles of running a business, emphasizing the importance of clarity in defining what a business sells, who it sells to, and how it operates. 

She outlines a framework for developing a business model, sales strategy, and marketing strategy, highlighting the interconnectedness of these elements in creating a cohesive business machine. 

The discussion stresses the need for decision-making grounded in a clear understanding of the business's core offerings and constraints, ultimately guiding entrepreneurs towards sustainable growth and success.

Takeaways

The principles of business structure are universal across industries.

Clarity on what you sell and who you sell it to is crucial.

Your business model defines your products, consumers, and fulfillment methods.

Sales strategy should align with your business model and constraints.

Marketing strategies must be informed by your sales approach.

Understanding your business design is essential for operational success.

Decision-making should always return to the core business model.

A cohesive business machine requires all elements to work in tandem.

Clarity in business operations leads to effective planning and execution.

Continuous evaluation of your business model is necessary for growth.

If you want a clear plan for growth in 2025, secure you 2025 planning workshop today. Spaces are limited for these half day workshops where you will have a quarter by quarter plan for 2025. To learn more: https://www.melissafranks.com/2025planning