Looking for Help with an Assignment? Connect with an Expert Now!

test business models

test business models.

Keep in mind that we are still in the Restaurant business in Texas. We have detected a place to enter the market, possible target customers, and used Porter’s Generic Model of Competition (1985). Remember the wedding cake example? Here is where your creativity begins.


The purpose of this assignment is to test business models, describe customer value propositions, identify our value adding activities, and look for pivots (changes). It is best to start the assignment with the graphic and work around the boxes.


Start with page 165 of the textbook and view the lesson videos in Canvas. (Please submit the assignment as Lastname.Firstname.BusinessModel.docx. ) You will notice that much of this is covered in section eight of the business plan template. Your written report should be key boarded, utilize the American Psychological Association (APA) citation format, and be 2-3 pages in length (including exhibits, tables and appendices). Use 12 point Ariel font, 1/4 inch indentions, and single line and character spacing. All assignments will graded as to content, format, Grammar, spelling, punctuation, word use, subject-verb agreement, and other hallmarks of University level writing. Turn in your Word files to Canvas for submission to www.turnitin.com. Late submissions will not be accepted.


Dear Class:
I can see that you have started the third assignment by the questions coming in. Let me summarize and provide guidance.
1) The questions to be answered are located on the Word document attached to the assignment and announcement. Let me demonstrate headings.
                                                                  Develop/ Test the Business Model (Level one, centered, boldface, and uppercase)
Customer Segments (Level two, left justified, bold, and uppercase)
       For whom are we creating value? (Level three, indented ¼ inch, bold, sentence style, and punctuation)

2) Within the value proposition box, the target market will dictate what they want, how they want it, and how much they will pay for it. The IBIS report will shed some light on this topic. You may also consider Google searches. Be sure to note what type of relationship you wish to create.

3) What about a pivot? The word means to “change.” I want you to look at your motel with a critical eye as to possible pivots. Remember my silly idea of a Cat motel where customers brought their own cat? What if we pivoted and provided the cats (comfort animals)? What about other possible pivots? There are three that come to mind. The product/ service pivot, customer pivot, and the revenue pivot. So, let’s look at some examples.
a. Remember my brother-in-law (Jim) with the water licenses? His pivot was to teach classes that led to certification for his students. He now makes more money at one sitting than actually performing the work himself. Jim adds value by using Constant Contact to update everyone on new laws (State or Federal) or changes to the Uniform Plumbing Code.
b. Jim also had a customer pivot. The original customers were individual plumbers and irrigation people. His new customer group includes cities, counties, State and Federal agencies, and companies. All of these new customers require less advertising, have lower customer acquisition costs, better payment terms, and pack the house on training day. Jim no longer spends days recruiting to make a class.
c. Jim’s revenue model changed in that he no longer replied on individuals with hot checks and bad credit cards. Nor does he listen to sob stories about why people can’t come to class. He bills the new customer group directly and gets paid quicker.

4) Here is another example of product pivot. I had a Police officer (Sam) redesign first responder flashlights. There were several improvements he wanted to make. Patent #1, change the texture pattern on the barrel of the light. Sam found that wet hands or wet gloves slipped off most flashlights. Patent #2, he wanted both a tail and barrel switch for convenience. No manufacturer had both. Patent #3, he wanted to increase the power of the light by adding more batteries. He engineered barrel extensions.

The customer changed (pivot) to manufacturers which changed distribution channels ending with first responders. Let me explain. Sam insisted on having his flashlight manufactured to sell on online and through retailers. Therefore, I helped him find an ISO certified manufacturer in China. We made 10,000 of these things. He still has some in his garage at home.
I finally convinced Sam that the value of the flashlight was in the patents! He now leases his patents to other manufacturers that sell to retailers. That is why you see these features in Surefire, Streamlight, and others. Sam has since become a millionaire and retired at the age of 34.

5) Can I innovate in other boxes? Yes! You can innovate and change in all boxes though, fixed cost are usually the hardest to change. You can minimize variable costs by closing the doors and firing all employees. The remaining fixed costs are the mortgage, notes on equipment, inventory and materials on hand, work in process, and insurance.

6) Let’s talk about channels, resources, customer relationship, and cost structure. My UNT students took on Enterprise Rent a Car (big E) as a client a few years ago. We all know the distribution model in that you went to Enterprise’s location to pick up the car. Heck, they would pick you up. The UNT pivot got Enterprise in to Classic Dealerships, Autonation, and Jim McNatt. Also, the big E had cars at the dealership for immediate rental. Big E doubled locations overnight! Resources and costs changed in that the dealership provided the office space and in return were able to offer customers added value.

7) The bottom line with possible pivots is to focus on the target market. For instance, they may insist on paying with cryptocurrency. If there is a large enough group of customers and how do we make that happen?

  • attachment


test business models

Quick Quote

Approximately 250 words
Total price (USD) $: 10.99

Benefits of Accessing Our Paper Writing Service

Take a look at the characteristics of our custom essay writing service. We ensure that not only will your essay be delivered on schedule, but that it will also be of the finest possible quality.

Guaranteed Customer Satisfaction

We are always available to help with any revisions and deliver flawless results

Quick Results

Any deadline can be met. 400+ dedicated writers are waiting to finish your essay in as little as three hours.

Support is available

We’re here for you at all times and can answer in as little as one minute.

All papers reviewed

We examine our own database of completed orders to ensure that you always get original work.

Student Feedback on Our Paper Writers

Your feedback is our primary tool for development. We help you get A’s, and you help us improve as an essay paper writing service. Check out what your peers are saying about us.

How Our Essay Service Works

Image showing step 1 of making an order

1. Complete Order Form

  • Choose the type of assignment, topic, subject, length, and deadline for your paper.
  • Indicate the following order parameters: service, chosen writer level, number of cited sources, and citation style.
  • Add your document or provide instructions for paper in a specific form.
Image showing how to make payment for your order

2. Select Writer

  • Log in using your email address or your Facebook account.
  • A list of suitable writers will be offered to you. Before making a selection, you can read testimonials or engage in a Live Chat with authors.
  • Check your balance and, if necessary, add funds to your account. Here you will also find exclusive bargains.
  • Put money into the account of the chosen writer.
Image showing how to download your completed results

3. Receive your Paper

  • You will receive the paper. You have the option of requesting modifications if they are required. Before giving it back to the writer, make a list of the adjustments that need to be made.
  • Accept the paper and send the money to the author.
  • Rate your writer, submit your request, then sit back and enjoy the results.

Frequently Asked Questions

Is your service free of plagiarism?

Absolutely! Every paper is written from scratch by EssayHelpMarket writers and double-checked for plagiarism using our plagiarism detection software. We will never provide you pre-written essays or papers that include copied text.

Is it possible to compose essays for free?

Our writers are independent contractors who charge for their services because writing essays is what they do for a living. There’s always the option to save money by choosing a longer deadline, buying fewer pages, or asking editing rather than writing.

Is it possible to get an expert on any essay topic?

Yes, of course! We worked very hard to discover the top essay writers who were knowledgeable in any field, including the most difficult ones such as physics, engineering, and information technology.

Is it safe to buy essays online?

You don’t have to be concerned about security because all payments are encrypted. We’ve been validated by MasterCard, Visa, American Express, and Discovery. Your personal information is not accessible to the EssayHelpMarket essay service. A money-back guarantee is also included.

Is it legal to use your writing service?

Our service is lawful, and hundreds of students use it every day. You may read testimonials about our custom essay writing service on the internet.

How quickly can your service finish an essay?

A brief essay takes at least 3 hours to complete. Please contact us ahead of time if you require assistance with a more intricate or lengthy document. Your writing assistant will have more time to analyze and generate a high-quality essay.