How to Start an Online Business from Home?

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This lesson covers the holistic business model analysis. This lesson will ask questions about your e-business so you can test all of the component parts of your e-business, and thereby make the whole e-business stronger and more resilient; hence the term ‘holistic’.

The table below is the second table of the CHIMPS^® method, which lists questions for you to answer regarding your e-business as a whole; the ‘Holistic Business Model’. Each question targets a different area of your e-business idea so that you can test that area and truly get into the detail. The detail is necessary as you don’t want to find out later some small issue or variable that could come up that you are not prepared for or accounted for in your plan, and then for that small issue to later cause you a big – and potentially expensive – problem.

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