Business Model Canvas

Business Model Canvas

The Canvas business model has become very popular over the last decade. It is a template that helps entrepreneurs to develop and think about their business idea. The visual capacity of the model is very high.

The template is divided in nine different sections:

  1. Value proposition.

This section describes the value generated by the business.

  1. Key partners
  2. Key activities
  3. Key resources

Sections 2, 3 and 4 gather the key elements to be able to provide value to the business.

  1. Customer relationships
  2. Channels
  3. Customer segments

Sections 5, 6, and 7 are related to the potential customers of the business and the relationship that could be established between the customer and the business.

8.- Cost structure 9.- Revenue streams

The two last sections refer to the financial structure of the business, specifically in the capacity to generate revenues and the costs required:

If you want to learn more in depth, we suggest you read an article on the subject Business Model Canvas, at Wikipedia.

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