ABOUT BUSINESS MODEL CANVAS
REINVENT YOUR BUSINESS MODEL - CREATE YOUR BUSINESS MODEL CANVAS.
Firstly when we talk about business model, we refer to the particular plan executed by a business firm or organization in order to generate revenue and earn profit from its operations. Business model comprises of components and functions of a business and also the expenses and revenue. With this explanation, it is important to note that every Brand needs a Business Model - a blueprint that describes how your business operates.
We will reinvent your business model with an effective tool called Business Model Canvas - a powerful technique for creating pictures of how your business works. We will work on following business components.
1. YOUR CUSTOMERS, 2. VALUE YOU PROVIDE, 3. RESOURCES, 4. ACTIVITIES, 5. PARTNERS, 6. PROFITS, 7. CHANNELS, 8. COSTS.