What is a business model? The most popular explanation

Generally speaking, a business model is a company's operating model.

A business model is a conceptual tool, which contains a series of elements and their relationships to clarify the business logic of a specific entity.

It describes the value that a company can provide to its customers, and the internal structure, partner network, relationship capital and other factors used to realize (create, sell and deliver) this value and generate sustainable profit income.