The key components involved in business modeling, which are carefully assessed and formulized for a business, are:

Value Proposition - this is key to understand the ability to provide innovative solutions that address customer needs effectively, ensuring a compelling and differentiated offering in the marketplace. 

Production process - for a manufacturing unit, important factors are the intricacies of production infrastructure and raw material conversions in order to efficient working capital usage

Inventory management - the strategic control and optimization of stocks of goods, ensuring efficient utilization of resources while meeting customer demand and minimizing costs  

Go-To-Market strategy - the plan for introducing and positioning a product or service to the target market, marketing tactics, and sales initiatives to drive customer acquisition and revenue growth

Distribution Channels - sales mix across wholesales, retail, e-commerce, DSA channels and the cost involved there impacts the revenue modelling

Customer success - strategies for customer acquisition, retaining transacting customers, minimizing customer acquisition cost (CAC), favorable unit economics and measured cash-burn

Revenue model - formulize and embed the interactions between product pricing, discount modelling, order value structuring, value added service planning, conversion rate of cost drivers

Cost structure - encompasses the basis of direct, overhead and debt service cost drivers and the internal interactions between them 

Resource planning - essential resources required to support the business operations, including physical assets, human capital, intellectual property, technology, and others

Capital and borrowing - efficient capital structure, timing of capital infusion, inherent strength of borrowing and debt servicing are crucial for a business model to run successfully

Risk Management - evaluation of potential risks and challenges that may impact the business and strategies to ensure resilience in the face of uncertainty