Business Model Canvas
Overview
Think of the business model canvas as a mini-business plan or a structured “back of the napkin” framework. It covers the following 9 core aspects of a business:
Customer Segments
Value Proposition
Channels
Key Activities
Customer Relationships
Key Resources
Key Partners
Revenue
Cost Structure
Here is a link to a deeper explanation of each section and a downloadable template if you’d like. The order of sections above differs from that in the link, and this is on purpose. The order above focuses on your target customer segments first so that you can tie everything back to how you will optimize value for your target customer segments.
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Getting an objective outsider perspective will help either validate your assumptions, or surface new angles to approach the problem.