Business Questions

Direct explanations of the business concepts and frameworks that come up in strategy, startups, and everyday work.

• What is the difference between a startup and a small business?
  A startup is built to grow fast and scale rapidly, often chasing a large, unproven market with outside investment, while…
• What is a SWOT analysis?
  A SWOT analysis is a strategic planning tool that examines a business’s Strengths, Weaknesses, Opportunities, and Threat…
• What is the difference between B2B and B2C?
  B2B (business-to-business) means a company sells to other businesses, while B2C (business-to-consumer) means a company s…
• What is a business model canvas?
  The Business Model Canvas is a one-page visual template with nine building blocks that maps out how a business creates, …
• What is the difference between revenue and profit?
  Revenue is the total money a business brings in from sales, before any costs are subtracted; profit is what remains afte…