Week 2: Business Model Canvas
Hi everyone,
I hope you got some good stuff out of the session yesterday and you're seeing how the Business Model Canvas can be helpful for your business. Creating a Business Model Canvas gives you the starting point for a full business plan and it's intended to change over time. So as you learn more about your business, you'll adjust your Canvas accordingly. Please feel free to reach out if you have any questions!
Here are the two videos we watched about the Business Model Canvas:
No Business Plan Survives First Contact With Customers
Business Model Canvas Explained
You’ll find the following buttons below:
Yesterday’s presentation on the Business Model Canvas
Business Model Canvas template (blank)
Business Model Canvas with descriptions of each section - You can also save this document and type right into it if you want a digital version.
A large canvas you can have printed and hang on your wall (this is fun to use with colorful sticky notes!)
Homework:
1. Complete the first draft of your Business Model Canvas and turn it in at the link on the main Digital Hub page.
2. Write the first (or next) draft of your Value Proposition. Here’s a link with more info about what they are. And below is the “fill-in-the-blank” template. It’s a great way to start by filling in the blanks and then reworking it to flow more easily. Let’s plan to share our value propositions at the beginning of next week’s session…Also, here’s an article I found about having more than one value proposition. This might be fitting for some of you.
“I help people who are struggling with _________ by offering _________ and my service/product is unlike any others because ________.”
3. Try your 30-second pitch with another person at home.
Reminders:
Food businesses - If you haven’t already, please see Chris’s email about Food Handler’s Certification, the Food Manager book, and other expectations. You’ll be taking the ServSafe Manager Exam on October 15th.
Next Week:
Marketing Part 1 -Come prepared with the above homework completed.
See you soon!
Sheena