Prepare a detailed business canvas model that deconstructs an idea for an entrepreneurial startup business model and identifies the critical success factors that make the business sustainable. To undertake this analysis, you will need to explore different ideas of potential successful business models, including those that are frequently seen to achieve sustainable success and high levels of profitability based on a market of your choice, for example, Miami. Your analysis will demonstrate your critical thinking skills and your ability to professionally articulate your findings.

Completing the Business Canvas Model:

There are main components in the business model canvas template you will need to complete these sections based on your unique business idea for an entrepreneurial startup:

1. Key Partners: The strategic relationships your business creates between other companies or people.

2. Key Activities: Activities or tasks that are integral to operating your company.

3. Key Resources: Assets that are required to operate and deliver your companys value proposition.

4. Value Propositions: The fundamental need that your company is trying to fulfill for its customers. Why your company exists.

5. Customer Relationships: The type of interactions your company has with its customers and the level of support it gives.

6. Channels: Different methods that your company uses to deliver its products and value proposition to customers.

7. Customer Segments: The different groups of customers that your company interacts with.

8. Cost Structure: How a company spends money on operations. The key costs and level of cost-focus for your company.

9. Revenue Streams: Your Companys sources of cash flows.