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How to Start a Used Car Business

Strategy Driven

It’s not even enough just to know everything about cars and their features; you also need to have a sound understanding of business finances, licensing and legal requirements in terms of permits and taxes. The process of writing your business plan will highlight any potential pitfalls or problems in the business model.

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Repositioning Is Not a New Business Model

Harvard Business Review

” It’s relevant when we come to describing business models and their likely impact. There are many different makes and models on the market. On the other hand, were it not already invented, plane travel would be classed as a new form of transport, compared to driving along the highway.

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How Ford Is Thinking About the Future

Harvard Business Review

” But if you are the Ford Motor Company and face the prospect of investing billions in new technology while your century-old business model is overturned, you might first have a few questions. Develop a portfolio of new business models. Any new venture or business model is risky.

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For Some Platforms, Network Effects Are No Match for Local Know-How

Harvard Business Review

And what can Grab teach us about the future of platform businesses? To venture capitalists and the financial market, no business model is more attractive than a platform. Transportation, aviation, health care, and energy all require physical delivery, whereas media, music, and advertisement do not.

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Is Your Company Ready for the Rise of Smart Cities?

Harvard Business Review

Other telecoms are offering solutions such as smart parking and waste management systems. In other cases, smart city projects present opportunities to generate advertising revenue and branding. But now the range of possibilities has gotten bigger, and B2C or even B2G2C business models are growing more common.

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The Fastest-Growing Cause for Shareholders Is Sustainability

Harvard Business Review

While activism takes many different forms, it usually begins with investors holding private conversations with company management on the need to change a process, business model, or management practice. In contrast, fair marketing and advertising of products are very important for companies in these sectors.

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Great Brands Never Have to “Give Back”

Harvard Business Review

What sounded on the surface like a noble effort to show the company’s concern for women, however, failed to square with the chain’s long-standing advertising strategy of appealing to young men by portraying scantily-clad females suggestively eating its products. And its self-serve stores save labor costs.

Brand 10