Businesses today survive in a highly dynamic environment. Technology has created an elastic world that has seen businesses change and transform in a heartbeat. Business models today are no longer just about your core product or service. They are the way you create...
The canvas business model has been around for a while but it is being used by more and more businesses. It’s a simple model and can be used by both large and small businesses. In this blog, we are going to look at what the canvas business model is all about. We...
Have you ever heard of the Business Model Canvas? If not, don’t worry, I’ll explain it to you! The Business Model Canvas (BMC) is a tool that helps you visualize and design your business model, identify key elements of your business, and develop a clear...
Key activities are a crucial part of any business model. They are the primary actions that an organization must perform in order to fulfill its business purpose. To be successful, a company must carry out key actions that are primarily dictated by its business model....
Business model canvas is a great tool for businesses to understand your businesses’ value proposition, identify your customers, and analyze your strengths and weaknesses. However, many people use it ineffectively; sometimes creating a business model canvas that can...