Many people are overwhelmed with the idea of creating a business plan. Especially the kind that require a business and law degree, not to mention having an accountant in your back pocket. Try creating a business canvas model. It is simple, to the point, and makes you think about your business from a global perspective, instead of a task driven one.
This image above is what it traditionally looks like. I really helps you answer questions that you may not have been thinking about before. The questions are simple, but require some deep thought and energy to execute.
Try answering these questions to create your own Business Canvas Model.
KEY PARTNERS
Who do we need to work with in order to produce and deliver our solution?
KEY ACTIVITIES
What do we need to do (daily, weekly, monthly, quarterly, and annually) to produce, market and deliver our solutions?
KEY RESOURCES
What do we need to have in order to produce, market and deliver our solutions?
VALUE PROPOSITION
What problem do we solve in our own special way and how do we solve it.
CUSTOMER RELATIONS
How do we talk to out market about our solutions and how do we get more customers?
CHANNELS
How do we deliver our solution and where will our customers find our solution?
MARKET & CUSTOMER SEGMENTS
Who needs our solution? Who needs it right now? Who will eventually need it?
COST STRUCTURE
How much will our key activities, resources and partners cost us?
REVENUE STREAMS & PRICING MODEL
How much will we charge and how will we get paid for the solution we provide?
Take your time and answer each question with your goals in mind. If you know you want to move out of your mother’s basement, make sure your pricing model is a reflection of that.
Would you like to join our Business Canvas Model Webinar Series? Drop your contact info below!
