Do you need a new business model?

It’s in the papers all the time: “Company goes bankrupt”. Sometimes it’s due to shady practices. But then sometimes bankruptcy leaves you scratching your head. How didn’t they see it coming? Why didn’t they respond to industry changes before it was too late?

Your hindsight may be crystal clear, but how is your ability to predict your own future? How do you recognise major threats to your core business model?

There are five clues to help you determine whether you need to revisit your business model.

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