List everything you need to get your project up and running at a financial, human, intellectual, etc. level . The viability of your project depends on the analysis of this element . At this point, you will know if you need a specialized team, in which areas, if you can (or should) outsource some areas, and other aspects related to the needs of the business.
The key activities of your business model
Identify which key activity is necessary for the company to start making money. The clarity of this element helps us to show what we are and what we want to be in the market: production, marketing, consulting ... What are you?
The key players in your business model
Identify your key suppliers so that the entire business system latvia phone number data works and is sustainable, that is, the alliances necessary to execute the business model with guarantees. Collaboration and co-creation are essential factors in the current way of doing business.
The cost structure of your business model
Identify the resources with the highest costs, the activities that involve the greatest expenditure, the fixed and variable costs, taxes and everything that has an impact on your business's cash flow. By knowing them all, you will be able to optimize them and design an efficient business model.
These nine modules that make up the canvas method to add value to your business are captured in a value proposition template, which is even more attractive when you have the organization of your company at a glance . With all of them defined and completed, you will be able to establish the main core of the business model and, based on it, you will have to work to try to achieve your success in the business world.
The advantages of the business model canvas
Since its creation, this tool has become one of the favorites of those who are going to start a new business, as it makes it possible to draw up a strategic plan in a simple way. In addition, the value proposition canvas is, without a doubt, a very practical method that allows ideas to be presented easily and visually.
This model also has a great capacity to adapt as projects take shape and evolve. The reason for this is the possibility of having, at a glance, a global conceptualized idea of each of the fundamental elements that make up the business. In addition, this idea is presented in an intuitive and interactive way for the people who manage it at a strategic level.
In short, a simple tool that is part of the increasingly necessary business intelligence by ensuring the proper functioning of business ideas in a global vision showing the connections between each element. As Osterwalder himself defines, “the canvas is a method to describe, visualize, evaluate and modify business models.” A value proposition.