The DifferenceA business model describes how a business generates value. A revenue model is a small part of a business model that describes how customers are charged.
ExampleManufacturing is a business model. Manufacturing firms take components, parts and materials and create a product of greater value. Markup is a revenue model whereby firms charge a price that's higher than their costs. Most manufacturing firms have a markup revenue model.
|Business Model vs Revenue Model|
A method for capturing value.
A method for charging for value.