according to your text, a revenue model is a key component of the business model and identifies how the company will earn income and generate profits.
Key questions include:
How much are my customers willing to pay?
How many customers do I need?
How much cash can be generated through sales?
If I have more than one revenue stream, how much does each stream contribute to the total?
use the venture you generated as part of your needs assessment exercise or you can create a hypothetical entrepreneurial venture for this exercise. Discuss the major concepts and skills necessary to be successful regarding the aspects of finance, economics, and accounting within your chosen venture.
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