This is the second post of a series of posts in which I discuss how to use the business model protototyping approach to professional service firms. You can find a list of all posts in the series here.
The starting point for building the business model prototype is the generic business model blueprint, which I introduced in my post on business model prototyping. Before going into the details of the prototype I wanted to illustrate how this blueprint can be applied to model an industry-specific blueprint, that of a generic professional service firm (PSF). I started this in my last post, in which I discussed the professional service firms’ value network.
Today I would like to move on to a generic blueprint for the transaction model of professional service firms. [Read more…]