{"id":22292,"date":"2022-12-15T14:20:11","date_gmt":"2022-12-15T13:20:11","guid":{"rendered":"https:\/\/acumbamail.com\/blog\/?p=22292"},"modified":"2022-12-15T14:20:12","modified_gmt":"2022-12-15T13:20:12","slug":"canvas-model","status":"publish","type":"post","link":"https:\/\/acumbamail.com\/blog\/en\/canvas-model\/","title":{"rendered":"Business Model Canvas: what is it, benefits and how to create it?"},"content":{"rendered":"

When setting up a business, one of the first things you need to know is what kind of company you want to create and what business model you are going to adopt. If you were wondering what the Business Model Canvas is,<\/strong> it is a tool that helps you to create different business models in a simplified way.<\/p>\n\n

What is the Business Model Canvas?<\/strong><\/h2>\n

To understand what the Business Model Canvas is, we start from the premise that it is a model comprising nine blocks corresponding to the characteristics of a business: <\/strong>market segments, value proposition, distribution channel, customer relationship, revenue sources, key resources, key activities, key stakeholders and cost structure. The entrepreneur with a business idea must be able to fill in these blocks.<\/strong> If you cannot do this, it is probably a sign that your idea is not yet mature enough.<\/p>\n

How the Model Canvas is applied<\/strong><\/h2>\n

There are many successful examples of the Model Canvas, as it has been used for all kinds of business planning for more than a decade.<\/strong> In these cases, a template is usually used in which the nine blocks are clearly shown, because the more visual the information is, the better you will be able to process it.<\/strong> If several people are going to participate in the business project, each one should give his\/her opinion on each of the blocks. If you are acting alone, you can put different ideas in each of the blocks. It\u2019s like <\/strong>brainstorming<\/em><\/strong>.<\/strong> Annotations can be deleted, moved from one box to another, rewritten, etc. The premise is that the information presented will lead to a debate from which the definitive business model will emerge. <\/strong><\/p>\n

Benefits of applying the Model Canvas to your online business<\/strong><\/h2>\n

The model Canvas was developed by Alexander Osterwalder<\/strong> and is already being used all over the world because of the wide range of benefits it provides.<\/p>\n