This Professional Services Business Model refers to a company's profit strategy. It specifies the products or services that the company intends to sell, its target market, and any anticipated expenses. Business models are critical for both new and established companies. They assist new and developing businesses in attracting investment, recruiting talent, and motivating management and staff. Established companies must update their business models regularly, or they will fail to anticipate future trends and challenges. Business models also assist investors in evaluating companies of interest to them and employees in understanding the future of a company they may want to work for. You can use EdrawMax to create this Professional Services Business Model online to get started.