Business Canvas

Question 1

Business Canvas

Answer 1

a business model broke down into 9 building blocks to visualize and assess the value, foundation, and plans of the business or organization

Question 2

Customer Segment

Answer 2

the type of customers you serve your solution (product/service) for based on their area, age, gender, interests, behavior, etc.

Question 3

Value Proposition

Answer 3

the products/service you offer to solve a consumer’s problem; the “heart” of the business

Question 4

Channels

Answer 4

where and how the customers can access your product/service and communicate with you to be able to deliver value to customers (e.g. kiosks, supermarkets)

Question 5

Customer Relationships

Answer 5

the relationships you establish with your customers and how you will maintain it (e.g. national ads, loyalty cards, discounts)

Question 6

Revenue Streams

Answer 6

any form/source of company income, the sum of all company sales (free or not)

Question 7

Key Resources

Answer 7

resources you need to carry out the key activities to create and run your business (e.g. store location, staff)

Question 8

Key Activities

Answer 8

tasks to fulfill the business purpose; mostly categorized in production, problem-solving, and platform/network (e.g. ad campaigns, recipes)

Question 9

Key Partnerships

Answer 9

external companies or suppliers that help carry out key activities; you reduce risks and acquire additional resources (e.g. farms, manufacturers)

Question 10

Cost Structure

Answer 10

the cost of creating and delivering business value, revenue streams, and maintaining customer relationships (e.g. staffs’ salaries, delivery fees, ad campaign costs)