Choosing and Explaining Your Business Model

Your business model is how you turn customer value into sustainable revenue. Present it clearly with compelling unit economics and growth potential.

Common Business Models

Subscription (SaaS)

Recurring monthly or annual payments

Pros:
  • • Predictable revenue
  • • High customer lifetime value
  • • Scalable growth
Key Metrics:
  • • Monthly Recurring Revenue (MRR)
  • • Churn rate
  • • Customer Acquisition Cost (CAC)

Transaction/Marketplace

Take percentage of each transaction

Pros:
  • • Scales with customer success
  • • Network effects potential
  • • Revenue grows with usage
Key Metrics:
  • • Gross Merchandise Volume (GMV)
  • • Take rate
  • • Active users/transactions

Unit Economics Framework

Essential Calculations

Customer Lifetime Value (LTV): Total revenue per customer over their lifetime

Customer Acquisition Cost (CAC): Cost to acquire one new customer

LTV:CAC Ratio: Should be at least 3:1 for healthy business

Payback Period: How long to recover CAC (ideally 8-15 months)