Understanding the Business Model Canvas
Understanding the Business Model Canvas
The Business Model Canvas is a strategic management and entrepreneurial tool. It allows you to describe, design, challenge, invent, and pivot your business model. It is a visual chart with elements describing a firm’s or product’s value proposition, infrastructure, customers, and finances.
For more detailed information, you can visit the Business Model Canvas Wikipedia page.
Key Components of the Business Model Canvas
- Value Proposition
- Customer Segments
- Channels
- Customer Relationships
- Revenue Streams
- Key Resources
- Key Activities
- Key Partnerships
- Cost Structure
Additional References
For further reading and understanding of the Business Model Canvas, you can refer to the following resources:
Caly.ch 