By working through the Business Model Canvas, you will be able to determine if there is a viable business within your business idea.
Why use the Business Model Canvas?
- It tells the whole business story on one page utilizing 9 basic building blocks.
- It is clear and concise.
- It addresses all components of running a business.
- It puts the needs of the customer first.
Using the Business Model Canvas to detail your business will provide insight into your market, competitors, start-up costs, sales, expenses and financing needs. Your honest answers will help identify areas of both strength and concern. They will also help determine if you are ready to take the next step or need to reevaluate your business idea.
We also recommend that you take our in-person Start Your Own Business Workshop!