The best answer to the question, “What is the right business for me?” is always “It depends.” Each business model has its own advantages and challenges, and choosing one should depend on your goals, resources and the demands of the market. There are several business models you can try to help generate value for your customers, such as product or service, shared assets, lease or rental, insurance and reselling.
However, according to, tried-and-true business models that dominate the market include direct sales, subscription-based, “freemium” and the franchise model. In franchising, the brand owner (franchisor) grants the investor (franchisee) the right to operate a business and use their brand name and business system in exchange for royalties and usually an initial fee.presents a great opportunity for aspiring entrepreneur