What is the Best Business Model?

Mika

VIP Contributor
SaaS or Software as a Service is one of the best business models. Companies like Amazon, Google and Microsoft are selling software as a service. Even social media platforms use this business model. It's considered the best because you create a service once, but keep making money from it for a long time. It's like earning money without doing much because it keeps coming in even when you're sleeping. Many successful start-ups use this model because it's easy to make money. If you offer a service that people really want, they'll keep paying for it for a long time after they start using it.
 
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