Welcome to the How of Business with your host, Henry Lopez, the podcast that helps you start,

run, and grow your small business. And now, here is your host. Welcome to the How of Business

podcast. This is Henry Lopez. And on this episode, I hope to help you answer the question,

is your business model broken? How can you tell and how do you fix it? And what do I mean by

a business model? Well, a strong and healthy business model supports a business that is consistently

profitable and that can scale. And so on this episode, I hope to help you determine if you have a solid

business model, whether you're starting your first business or already

you have an established small business. To get more information about the Howah Business,

including the show notes page for this episode, and to learn more about my one-on-one coaching program

and group coaching programs, please visit thehowab business.com. I also encourage you to please

subscribe to my show wherever you might be listening so you don't miss any new episodes.

I would also like to thank a few of my recent coaching clients, including Randy and Kevin,

Adam and Jennifer. I appreciate the opportunity to serve as your business coach and to help you launch

and grow your small business. I encourage you to download my business model health checklist. You can download that

from the show notes page at the howab business.com. And as you go through this checklist, it'll help

you determine how healthy, how strong is your business model, and what areas do you potentially

need to improve. So go look for that at the howab business.com on the show notes page for this episode.

So let's start with what is a business model.

Give you a further definition of what I mean by that.

A business model is a combination of the core strategies and the tactics that a small business

executes to make a profit.

That's why we're in business to make a profit.

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