Business Model Canvas
It is a framework to elaborate business ideas.
It is a strategic management template for developing new or documenting existing business models.
It is a visual chart with elements representing firm's:
- Value proposition
- Infrastructure
- Customers
- Finances
Questions
- How do you acquire customers?
- How will you manage the relationship with them?
- How do you charge your customer?
- Can you calculate your revenues for the next month, quarter and year?
- What assets are available to you or under your control?
- Who are your key partners?
- What key activities do you need to engage in t deliver your value proposition?
- What are your fixed costs?
- What are your variable costs?
- Does your revenue forecast demonstrate increased profitability towards the end of the forecast period?