Question
Our business idea will perfectly fit a big gap in the market which is the investing gap, normal human brokers take huge fees on investing
Our business idea will perfectly fit a big gap in the market which is the investing gap, normal human brokers take huge fees on investing your money, our subscription uses Artificial Intelligence AI which will save a lot of salaries and cuts a lot of costs for us, and that will help us to charge fewer fees to our consumers compared to competitors, which will attract a lot of people, and that will give us a huge advantage over our competitors.
Another advantage or privilege that our business supports the government 2030 vision and SAMA, which encourages people to save and invest and budget control. We can lend the money that we borrowed and invest it with startups, small and medium companies which will give us a higher rate of return and support the 2030 vision.
Business idea description
Our business idea will take a normal bank account to another level, to make your bank account your personal financial advisor. Our service can help you save your money and invest it with a professional guide that uses Artificial Intelligence (AI), which helps us to cut extra brokers costs and give our consumers the best price they can have. In your bank application, you can check your portfolio improvement and your future savings raise, which makes you know when to spend and when to stop, and how to move your money to tomorrow, just via the subscribe button.
Questions:
1) For this question, you will continue to work on your Business Model Canvas. This week you will complete the cost structure and revenue streams and key resources and channels sections of your BMC.
Complete the following sections of your Business Model Canvas: Cost structure Revenue streams Key Resources Channels
Provide a short rationalisation for each of the sections of the Business Model Canvas you completed, providing any additional context you think is necessary.
Key Resources (Max. 50 words)
Channels (Max. 50 words)
Cost structure (Max. 50 words)
Revenue streams (Max. 50 words)
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