Tuesday, November 24, 2020

Business Model Canvas: A Tool for Strategizing Your Business Idea

Business Model Canvas (BMC) is considered one of the great tool for strategizing your business. Entrepreneurs may use this tool for starting and changing your business idea informally as well as a presentation tool to present your idea on applying for loans and attracting investor towards your business. There are 9 key elements within this BMC tool that consists of Key Partners, Value Proposition, Key Activities, Customer Segment, Customer Relationship, Channel, Cost Structure, Resources, and Revenue Stream. 

You may download the template here at Strategyzer.com. You may watch this video below on how to use it. 

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