understand your business model, take the right step towards business success
We help you develop a business model for your enterprise, whether it is a startup or an existing business, using the Business Model Canvas to answer questions about your business.
1.What is the Business Model Canvas?
The Business Model Canvas is an easy to use visual framework for developing a business model. The Canvas covers nine key elements of a business model to be captured and discussed by asking a series of exploratory questions among a group of people working together.
2.Why conduct the Business Model Canvas?
The Business Model Canvas presents a quick way to evaluate all the aspects of a business. As thorough business planning process requires a huge investment of time and resources, the Canvas can be a quick fire way to ensure that you have a complete picture of your business without requiring extensive business expertise and time.
What does the Business Model Canvas cover?
For whom do we aim to create value? Who are our most important customers?
What do we offer to whom? What value do we deliver to a customer in a given segment? What needs do we satisfy?
How do we reach each customer segment? What is easiest for the customer?
How do we build and maintain these? How do they fit effectively in both the customer’s world and our own?
For what will our customers pay? How much? How would they prefer to pay?
What resources are essential to deliver our Value Propositions through the Channels and maintain our Customer Relationships?
What are the most important things you must do to make your business work?
Who are our Key Partners and why? What Key Resources do they provide and what Key Activities do they carry out? What’s in it for them? What relationship should we have?
What costs are implied by our Business Model? Which are largest? What is fixed and what is variable? What drives them?
Biruwa conducts sessions to help entrepreneurs complete their Business Model Canvas, helping you brainstorm and structure your business model. We provide key industry insights, share best practices and extend a guiding hand to help you complete your Business Model Canvas. We also document the discussion and provide you a report containing all the aspects of your business model with a set of strategic recommendations to move your business forward. If you are interested in seeking support from Biruwa for your Business Model Canvas, fill the form below and we will get back to you with a quotation for this service.