Page 8 - KYTE INDIA E-MAGAZINE
P. 8
Business Models
A business model is the way that your company generates revenue and earns
money. Profit and productions costs are integral parts of any business model,
creating a framework for financing day-to-day operations and also for earning
money that you can take away from the business to cover your personal expenses.
If your production costs are reasonable and your profit is sufficient, then your
business will be able to operate without incurring unsustainable debt, while also
earning enough to compensate you for your time and initial investment.
By
Devra Gartenstein
FOOD FOR THOUGHTS - NEW GEN
COVID-19, one of the deadliest viruses has incurred unforgettable losses to families, as
well as immense slowdown and stagnation to economies worldwide. Unfortunately,
Coronavirus is here to stay for a while, so do not let this virus stop you from doing what
best can be done during these testing times. Do not lose hope and don’t let this virus
weaken you. Lockdown is a temporary measure taken by Government of various nations
to slow down the spread of virus and to take appropriate steps to combat Coronavirus.
Businesses have suffered huge losses and people have lost their jobs because of
massive economic slump caused by COVID19. We cannot wait further without doing
anything. Therefore, we have to become more aware, decisive,proactive and think of