What is a Business Model, and How to Develop and Update It

"What is a Business Model, and How to Develop and Update It?" — At the latest workshop at the Mantashyants branch in Gyumri, club members received answers to these questions.

Hayk Margaryan, a specialist in the implementation of business management systems and founder of Executive Online Business Campus, discussed the main business processes and steps for developing a business model with the entrepreneurs. He also introduced the Canvas business model.

As a result of teamwork, the Mantashyants members developed 2 new business models, which were presented and thoroughly reviewed.