Editor’s note: This is the first article in a six-part series. The second part, which covers firm strategy, is also in this issue. “Change always comes to us from the outside in, forcing us to react, ...

What separates a fleeting business idea from a thriving enterprise? The answer often lies in the business model—the foundation upon which every company is built. Yet, not all business models are ...

Volatility in commodity markets is making it harder to rely on linear supply chains. Lithium prices, for example, rose by more than 1,000 percent between 2020 and late 2022, before dropping 86 percent ...

Discover the key risks facing Costco's business model, including membership reliance, consumer preference shifts, e-commerce ...

What Are the Different Types of Business Models? Learn the different frameworks of how companies operate and generate revenue. A business model defines the framework within which a company creates ...

See how specific industries have taken advantage of the subscription model. Learn subscription model benefits and tips for ...

Micro-franchising lowers capital, risk and skill barriers, turning proven brands into accessible paths to ownership. Collaborative and micro-franchise models expand entrepreneurship, create jobs and ...

In today's digital economy, traditional businesses face mounting pressure to adapt or risk becoming obsolete. The shift in consumer expectations, driven by the convenience and personalization of ...

Most Americans may not realize that Ace Hardware is a cooperative, not a franchise. That distinction isn’t just academic—it’s fundamental to how we compete, survive, and serve our communities across ...

MicroStrategy's stock has surged over 567% YTD, driven by its unique business model and substantial Bitcoin holdings. The firm leverages Bitcoin's illiquidity premium and low-interest convertible ...