Business model

Defines the architecture and financial characteristics, history, and anticipation of an organization. Business models are often the result of intensive planning and demonstrate, to the extent possible, the opportunities, threats, and uncertainties facing the business. It is concerned with markets, competition, ability to produce the product or service to be sold, and availability of resources. All such information is included in the development and projection of financial data. To the extent possible, business models should include a quantitative method that reproduces a recent historical period and is capable of forecasting the expected financial course of the business. Such models can often be used to study the expected results of policies, competitive moves, or future events.