How an Adaptable Business Model Can Drive Your Start-up

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business2community.comApparently, 75% of technology start-ups fail in their first year, with a failure to adapt to the pace of innovation and industry changes cited as the primary reason for this.

Despite the evolutionary nature of all technology markets, however, the failure to adapt and respond to change is something that can derail business start-ups in numerous industries. This is why many business experts consider adaptability to provide a competitive advantage to modern firms, with fluid and flexible models capable of minimising cost, alleviating risk and optimising growth.

 

Read more at business2community.com

 

photo CC by NEC Corporation of America

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