A short video to take you through new concepts on the course – this one covers Business Models – which makes up most of chapter 8.
The specification names traditional business models (retail, manufacturing, subscription, franchise, and affiliate) and also tech driven business models (marketplace, subscription, crowdfunding and advertising-supported models) but says “including” so there seems scope to add other models in class as well.Additional links to Business Model Canvas article/info -> https://www.thepowermba.com/en/blog/business-model-canvas
Additional links to some Irish Times articles about how the business model for restaurants in Ireland is broken at the moment due to rising costs (energy, minimum wage…) -> https://www.irishtimes.com/food/restaurants/2024/08/16/restaurant-closures-if-its-going-to-hit-dylan-mcgrath-its-going-to-affect-many-businesses-the-model-is-broken/ and https://www.irishtimes.com/opinion/2025/07/22/should-vat-on-hospitality-be-reduced-a-cafe-owner-and-an-economist-debate/
