The information is private and extremely useful in allowing business owners to ask vital questions regarding their business model and seek help when relevant issues surface.
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Indianapolis, IN (PRWEB) March 12, 2010
Current economic pressures find many Americans developing a unique business idea or dealing with a business they already own. The success or failure of a business may be decided by the overall focus of a business model. One company is now offering a comprehensive business tool to evaluate the core elements of your business plan and business model.
Jim Muehlhausen, Founder of The Business Model Institute (http://www.businessmodelinstitute.com) suggests, “No matter how tied you may be to your present business model the use of our Business Model Evaluator may help point out strengths and potential weaknesses in your business plan. Best of all the business model evaluation is available free of charge.”
News reports surface on a weekly basis that serve to demonstrate that even the largest American companies have endured their own struggles due to the current economy and perhaps a weakness in their business model. Consider this list of companies that have undergone multiple store closures in last two years. Some on this list have since moved their product online or have closed entirely.
- Linen & Things
- Foot Locker
- Home Depot
- Lonestar Steakhouse
- Zales Jewelry
- Medical Articles
- Pier 1 Imports
- Dell Computers
Muehlhausen explains the reasoning behind the Business Model Evaluator; “Our business is business. We are quick to connect with CEO’s throughout North America. We understand commerce and this tool is one way we can contribute to the successful rebirth of the American economy – one business at a time.”
An iPhone application has been developed for the Business Model Evaluator (http://www.businessmodelevaluator.com) and can be downloaded at no cost through iTunes.
“Mobile devices like an iPhone provide a unique connection point that allows us to link up with business owners in a way that really fits with their schedule and lifestyle,” Muehlhausen said. “The information is private and extremely useful in allowing business owners to ask vital questions regarding their business model and seek help when relevant issues surface.”
The Business Model Evaluator delivers a comprehensive series of questions aimed at providing an evaluation of the general areas of strength and weakness within an existing business model and vision.
For additional information, contact:
Web site: http://www.businessmodelinstitute.com
The Business Model Institute is devoted to study and improvement of business models. Many scholars and business gurus, including Warren Buffet, have determined that the business model is the most important factor in business success. It is nearly impossible to create a remarkable business without a remarkable business model. Unfortunately, very few resources exist for business owners to analyze and improve their business model. The Business Model Institute has worked with business owners and experts to develop 87 methods to improve a business model. These methods have helped countless entrepreneurs create a better and more profitable business.
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