The Business Model Canvas is a strategic management tool designed to help entrepreneurs and businesses visually map out and analyse their business model.
Developed by Alexander Osterwalder, it provides a comprehensive framework consisting of nine building blocks.
When should I use it with a mentee?
The Business Model Canvas is a versatile tool that can be used at various stages of a business’s lifecycle:
- During start-up planning to develop and refine a new business idea or concept.
- For strategic decision-making to analyse the viability of a business model, test assumptions, or identify opportunities for innovation.
- In growth and scaling to realign operations, focus on profitable segments, or explore new revenue streams.
- For problem-solving to address specific challenges by revisiting and updating parts of the business model.
Download the below PDF for more information and a client template.