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Business Plan Draft / Proposal - 5 % of Final Grade Due Friday February 1 6 t h @ , 1 1 : 5 9

Business Plan Draft/Proposal -5% of Final Grade Due Friday February 16th@,11:59PM
Your task is to create a comprehensive Business Model Canvas (BMC) for your groups business idea. With this assignment, please help in demonstrating a clear understanding of the various components that constitute a viable business model and explaining a viable strategy and plan for each. Each section should be multiple paragraphs in length. The You are expected to include:
Introduction: Introduce your business idea.
Customer Segments: Identify and describe your target customer segments.
Value Propositions: Articulate the value propositions your business offers to each . segment.
Channels: Describe the channels through which you will reach your customers.
Customer Relationships: Explain the types of relationships you will establish and maintain with customers.
Revenue Streams: Outline potential revenue streams and pricing strategies.
Key Resources: Identify key resources necessary for your business.
Key Activities: Detail the main activities required to operate your business.
Key Partnerships: Specify your key partners and suppliers.
Cost Structure: Analyze the major cost elements of your business.
Conclusion: Conclude with the overall feasibility and coherence of your business model.
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