Are you thinking of starting a business, seeking a bank loan to expand or approach some investors to interest them with a big business idea? Then a business plan is your best bet to opening those doors as it acts as the blueprint for your business. Whether it is visualising a roadmap for your team, help set clear strategies or goals for the business, a well-crafted and detailed business plan can be the difference between success and failure.
One of the deciding factor for a successful business is getting your products and services into the hands of your customers quickly, effectively and in a timely manner. As such, a business model describes the way a company generates money and how it makes a profit in the process.
AMI’s Business Planning 101 course guides you on how to come up with your business model using the business model canvas template. The components of the business model canvas includes;
- Problem statement and solution
- Unique value proposition
- Customer segments
- Key business metrics
- Marketing channels
- Cost structure
- Revenue model
The business model canvas template will help you to quickly and simply summarise and explain your business model in one page.
Can you clearly map your business using the business model canvas? The Business Planning 101 course covers this topic and more that include key skills that you need to write a winning business plan. Throughout the course, you are also provided with downloadable tools to help you come up with a business plan you can be proud of. Sign up today for FREE and start learning! Click HERE