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Business Model Canvas with Instructions
What is a Business Model Canvas
A business model (https://www.moneycrashers.com/unique-nontraditional-business-model-
examples/) is simply a plan describing how a business intends to make money. It explains who your customer base is, how you deliver value to them, and the related financing details. And the business model canvas lets you define these different components on a single page.
The business model canvas (https://creately.com/usage/business-model-canvas-template/) is a strategic management tool that lets you visualize and assess your business idea or concept. It’s a one-page document containing nine boxes that represent different fundamental elements of a business.
The business model canvas beats the traditional business plan that spans across several pages, by offering a much easier way to understand the different core elements of a business.