Entr 421 - Study guides, Class notes & Summaries

What are the 9 components of the business model canvas? Key Partners Key Activities Value Propositions Customer Relations Customer Segments Key Resources Channels Cost Structure Revenue Streams What is the business model canvas? A strategic template tool used by new and existing companies to help design their business plan. It is a visual chart that is broken into 9 different components What are the 5 common traps to avoid large market fallacy better mousetrap fallacy no sustainable business m...