Business Models Canvas 101
So you have a great idea and you want to create your company, your own startup. This is GREAT.
Starting something on your own, creating value for you, your family and the world is a totally recommendable thing to do. The world has been made by people like you. Entrepreneurs, Self-Made Men, Creators, Builders people that believed an obstacle is just another great challenge to overcome, to solve and put behind them as an achievement.
If you want to create your own company, you need to know your environment very well and for this we give you a structure that you can follow and use, not only at the moment of creation but also on a regular base in order to assess if you are still on track or already deviating from your target. It helps you define your product, understand better your revenue streams, give you an overview about your customers and competitors, helps you define a good value proposition, decide on your various distribution Channels, focus on you Key Activities, assign correctely your Key Resources, select your Key Partners, define a adequate Cost Structure, makes you think about the Long Term Mission of your business, the strategy to reach it Strategy.
So in order to give your business idea all the chances for a success startup, it is important to go through a few important points that should not be forgotten before starting your race towards success. We also share with you our Excel business model canvas template or business canvas or business plan model for some.
The main part is to define clearly your business idea: this is called the business plan and part of it is the business model which we are discussing here.
Our Example for the next 7 pages: A cupcake Factory
A business model is made of various parts.
The Value Proposition