4-5 Flashcards
a person who purchases the goods and services from the business, in exchange for
monetary consideration
Customer
like those who are engaged in purchasing goods with the purpose of
reselling them; (types of customer)
Intermediate customer
are the customer who are the end user (consumer) of the product or those
who delivers the product to the final consumer (type of customer)
ultimate customer
refers to the party, who has business dealings with the organization. He is someone,
who is the recipient of services.
client
a business tool used to visualize all the building blocks when you want to start a business,
including customers, route to market, value proposition and finance
Business Model Canvass (BMC)
BMC Activity and Financial Plan (Tabular and Gantt charting)
-Investment Costs, Sales, Return on Investment
-Payback Period
- Cash flows
- Movements of money
- Financial Ratios