A business model template is a document which will describe how a business will work to generate target profits. A comprehensive business model will explain every bit of business operations and functions like finances, expenditures, assets, liabilities, operations, company’s structure and strategies, sales activities, marketing tools etc. Some business models even describe day to day functions of a business but only internal operations will be discussed in this document. A well drafted business model can help business people in focusing on the business missions. A business model should be updated on regular basis according to the market situations and business…