Here's Why You Need a Business Model Canvas?

Here's Why You Need a Business Model Canvas?

Business Model Canvas

Dear ,

If you are a startup, the Business Model Canvas is a strategic management and lean start up template for developing new or documenting existing business models we think you should leverage.

As a business design template, the business model canvas has nine (9) building blocks. It is a very useful tool for determining your business model. Whether you're just starting out or have been in business for longer than 10 years, this canvas helps all entrepreneurs to clearly define all the various aspects of their business.More importantly, it gives you a clear visual representation of your business, which will prove a valuable resource throughout your entrepreneurial journey. Utilizing the Business Model Canvas as a template, you can refine your existing model to best suit your needs. You can use the business model canvas to create your own ideal business model.  

The Nine (9) building blocks of the Business Model Canvas are highlighted in this article 

Stay Safe!Sincerely,Oluchi Johnson-AchibiriCommunity Manager, msmehub.orgFATE Foundation1st Floor, Water Corporation BuildingIjora, Lagos

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