The Business Model Canvas

The Business Model Canvas is a visual tool that outlines how a company creates, delivers, and captures value. It consists of nine key components: 1. **Customer Segments** - Who the business serves. 2. **Value Propositions** - What unique benefits the business offers. 3. **Channels** - How products are delivered to customers. 4. **Customer Relationships** - How the business interacts with customers. 5. **Revenue Streams** - How money is earned. 6. **Key Resources** - What essential assets are needed. 7. **Key Activities** - What crucial tasks must be performed. 8. **Key Partnerships** - Who the business collaborates with. 9. **Cost Structure** - The expenses involved in running the business. These elements work together to visualize and analyze a company’s strategy.