The best replacement for business model is business plan.

The best alternatives to business model are rated as following:
★★★★★  business plan
★★★★  strategy
★★  operating model
★★  revenue model
★  business strategy
★  business process
★  business case
★  value proposition
★  value chain
★  microsoft business model
★  business concept
  financial model
  company strategy
  marketing plan
  direct business model

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Speaking about business model, one probably shouldn't forget about its latest proposed business model.

Other search terms related to business model and their ratings are:
★★★★★ its latest proposed business model
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business model
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