A business model is the operating model, or plan, for an organization. It is short-hand to describe all aspects of operations, including the revenue streams, customers or clients, products, and financing or fundraising. Government agencies and programs, non-profits, and companies all have business models.
A tri-sector business model is when each sector - public, private, social - contributes to and benefits from a business model. For example, in Propel's business model, the public sector contributes to the business model via the SNAP program and benefits from the business model by running a more effective and efficient program for its users without having to change their operations. Learn more about tri-sector business models.