I was going through my notebook and found notes from some book on a business model. I will update the post with the book name if I find it.
One of the elegant business models is that which serves as a great foundation for future growth.
Attributes of a great business model.
1. Lots of recurring revenue. (generally over 50%)
2. High gross margin. (over 50%)
3. Low capital requirement.
4. Great return on asset employed. (close to 100%)