Business models are used to explain and classify companies, especially in an entrepreneurial setting, however they are also used by managers inside companies to explore possibilities for future improvement.

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Business models are used to explain and classify companies, especially in an entrepreneurial setting, however they are also used by managers inside companies to explore possibilities for future improvement.
As well as, the startup cost of buying a business alternative is far lower than for a franchise — generally, as little as a number of hundred dollars.