student asking question

What does the "fee-based business model" mean? Could you give me some examples?

teacher

Native speaker’s answer

Rebecca

"Fee-based business model" means that its business model is centred around charging fees for its services (or products). Other ways to use "[noun]-based business model" could be: Ex: Its business model is service-based, which means that it makes money by selling services. Ex: My job is commission-based, so I don't get paid a regular salary every month.

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