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This Question Contains Multiple Parts;be Sure to Answer All of Them.First,what

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This question contains multiple parts;be sure to answer all of them.First,what exactly is a business model? What should it specify? Next,suppose you are planning to start a personal training business.Third,write a one-paragraph business model.


Definitions:

Terms

Agreed-upon stipulations and conditions under which transactions or agreements are made.

Insulation Job

A task or project aimed at applying materials to buildings or structures to prevent heat loss or gain, thereby improving energy efficiency.

Annual Fuel Bill

The total expense incurred for fuel consumption over the course of a year.

Interest Rate

The slice of a loan that incurs a charge as interest to the borrower, typically represented as an annual percentage of the remaining loan amount.

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