These days cloud computing is booming like no other technology. Every organization whether it’s small, mid-sized or big, wants to adapt this cutting edge technology for its business. As cloud technology becomes immensely popular among these businesses, the question arises: which cloud model to consider for the users business? There are four types of cloud models available in the market: public, private, hybrid and community. This paper answers the question, which model would be most beneficial for the users business. All the four models are defined, discussed and compared with the benefits and pitfalls, thus giving the user a clear idea, which model to adopt for their organization.