Since the emergence of the phrase “business model” in the 1950s, theoretical cycle has done a lot of researches in this field and made fruitful achievement. Based on the review of relevant literatures at home and abroad published during 2001—2013, this paper analyzes the research status of the relationship between business model and enterprise performance, and gets the four main components of business model, based on this, a model framework of the research on the relationship between business models and enterprise performance is constructed, and the relationship is described in detail by taking service sector as an example.