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Business Model

Term in Qoyod's Accounting Glossary — Practical definition with examples from the Saudi market.

What is Business Model?

A business model describes how a company creates, delivers, and captures value. It covers customers, value proposition, channels, revenue streams, key resources, activities, partners, and cost structure.

How It Works

  • Define the target customer segments and value proposition.
  • Map revenue streams, channels, and customer relationships.
  • Identify cost drivers, key resources, and strategic partners.

Saudi Context

Saudi startups under MISA licenses and SME programs (Monsha’at, Kafalah) use canvas-style business models to access financing. ZATCA’s Fatoora platform reshaped retail business models by mandating real-time e-invoicing.

Example

A Saudi SaaS startup serves SMEs via monthly subscriptions, sells through a Riyadh-based partner network, and earns a 15% margin after AWS hosting and support costs.

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