Key Resources are the important things your business needs to build out the value proposition you promise customers. You might say I saved the best for last because without these, you wouldn’t be able to deliver value, and you wouldn’t have a business to build a business model canvas for! 🙂 Continue reading →
The cost structure piece of the business model canvas helps you create a list of all the costs you will incur to operate your business.
Now, when I say “all costs for your business”, I should clarify that these are the more important and bigger costs. But as you go through this example, if you come up with additional costs I would absolutely keep them on the list. It might be helpful to add a star next to those that are the bigger costs so you can differentiate. Continue reading →
In the Business Model Canvas, there is a block dedicated to “Channels.” In many of the examples I’ve found on the web, they discuss mostly the distribution channels, i.e. how will you deliver your product to your customer.
But there are at least 5 phases of channels we should be looking at when it comes to thinking about our business. Continue reading →