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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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Alphabet Isn’t a Typical Conglomerate

Harvard Business Review

In the years ahead, Alphabet could dramatically influence business models in many industries. This new entity could bring together human talent, technology scale, and long-horizon venture and investment approaches to construct business models that could pose a formidable challenge to those designed and perfected in the industrial age.

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Is Your Company Ready for the Rise of Smart Cities?

Harvard Business Review

In other cases, smart city projects present opportunities to generate advertising revenue and branding. The technology and media company Intersection builds on revenue from advertisers to offer cities free “Links” kiosks to expand public Wi-Fi. How Might Smart Cities Shift Value in Our Industry?

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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.