Business modelling is the practice of creating a detailed plan or framework that outlines how a business will operate, generate revenue, and sustain itself. It involves defining the business’s value proposition, target market, revenue streams, cost structure, and competitive advantage. This model helps in visualizing how different elements of the business interact and contribute to its overall goals.

Business setup involves the practical steps required to establish and launch a new business. This includes legal registration, operational planning, resource allocation, and marketing strategies. Proper setup ensures that the business complies with regulations, is efficiently organized, and is equipped to start operations smoothly.

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