Question
Help me to make my Business Model Canvas Report. (I'd like to open my own gym within next 10 years.) The business model canvas report
Help me to make my Business Model Canvas Report. (I'd like to open my own gym within next 10 years.) The business model canvas report is a simplified version of a business plan without key components such as competitor analysis and pro-forma financial statements. All the activities and exercises in the threaded discussions provide important guidelines for the different components of a business plan and a business model. The thinking skills developed from creating the business model canvas can take you beyond entrepreneurship into a career as a business professional because many organizations require similar logic in thinking processes from high potential management candidates. Also help me will use my text, additional research, and outside resources to build my business canvas model. Approximately 80% of the information required for a business model overlaps with a business plan. The instructor says, "This is a REAL world practical activity with substantial hands on work. I strongly encourage you to have conversations with business owners about the different ways they approached starting their businesses and their experiences with developing your business model canvas report. Not all advice will be applicable to your situation but you can glean some wisdom from both the successes and failures of entrepreneurs." Can include specific pro forma financial projections and related supporting information. Any information in the appendix must be appropriately discussed in the body of the business model canvas report with the correct reference to the correct appendix. The completed Business Model Canvas report must include the relevant sections outlined below. Use the textbook (Entrepreneurship: Successfully Launching New Ventures by Bruce R. Barringer and R. Duane Ireland. 6th Ed. Person. 2019.) chapters to guide your discussions to demonstrate your ability to apply the key entrepreneurship ideas. Sections of a Business Model Canvas Report - be as specific as possible with your ideas:
Help me to:
1.I need to find a title page [include business name, nature of the document, and a logo if possible]
2.Executive Summary [this is similar to an elevator pitch in a written form; capture the highlights of the business plan in one page]
3.Introduction to Your Business Model Canvas Plan with background about you and why you want to start this business
4.Customer Segments: Who is your target market? Conduct market research into the demographic variables, psychographic variables, and related research details of customers; be specific to describe your ideal customer
5.Channels: specific description of how goods and services will reach the customer
6.Customer Relationships: what are the different touch points to connect with customers? Include specific description of messages about your business.
7.Value Proposition: what are your five distinct values? What will you be known as the best in? What will be equal in?
8.Key Activities: what needs to be done to fulfill your promised value proposition to your customers? What are the minimum essential activities?
9.Key Partners: who are essential partners for your business to succeed? What resources will they provide you?
10.Key Resources: what are essential resources required for the success of the business? What are important inputs to your business?
11.Revenue streams: What there the different streams of revenue? What is your projected revenue over the next three years? Provide supporting explanations for how this will happen.
12.Cost structure: Identify the type and amount for Capex and Opex. Provide specific numbers for your major costs over the next 3 years.
13.Appendices [*extra credit] You may include 1-2 screen shot of your business model canvas work here as it evolved over time.
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