How to Create a Business Model Canvas in Word


On the other hand, the Lean Canvas model is meant to help startups that are at the beginning of the innovation process and turn their idea into a competitive business model. Download Business Model Canvas Word Template for free now. Fully editable so you can create your own business model canvas. You can also download the canvas in PDF format. Step 7: Tell the storyPresenting a complete canvas to a new person is not a good idea, there are too many things to pick up. Instead, it`s best to fill in each field while explaining the idea. This makes the company much easier to understand and creates a much richer appreciation of the model at the end. Even if you just list a few words in each field, it will take about 6-8 minutes to explain the full concept and clear up many misunderstandings. Step 1: Name the purpose of the companyWithout a clear goal, how do you know if a model is good or not? It can be whatever you want, for example:To earn passive income from homeTo prevent the destruction of Indonesian rainforestsTo improve the financial stability of our parent organizationTo provide stable livelihoods to youth at risk of homelessnessTo improve the job search process Josh – Our acquisition channels are Instagram and word of mouth, while our main delivery channel is mail order. Our customers are difficult to acquire, but they are fairly loyal, and our transactions are highly automated.

Once we find a way to tell the story and show them how beautiful the product is, it`s easy to get an order. Download this easy-to-use business template created as a Microsoft Word docx file. Simply click on the image on the right to download the file. A business model innovation has a higher potential to gain an innovation advantage than a single product or service. Products and services are easy to copy, while a business model is ingrained in the DNA of the company and how it operates. Think of it as a journey where you evolve and iterate on how you design your business until you find the best. Josh – «Reducing the amount of plastic that ends up in landfills» Kylie and Dan – «Preserving and celebrating indigenous culture and explaining its relevance in our daily lives»Anna – «Creating meaningful jobs in Fiji» Start with the customer, then build outward. Once you`re sure you can address an unmet need or problem, build outward to create an efficient, effective, and lean business model. Download this value proposition template, created as a high-quality PDF file.

Click on the image on the right or the button below to download it. It is an ideal size for workshops. The Lean Canvas model was designed by Ash Muarya as an alternative to the Business Model Canvas. The Business Model Canvas allows companies to develop new strategies for their business and critically analyze and evaluate their current business model. The template canvas or template can be easily designed in MS Word and Google Docs, so today`s businesses can easily draw the template for free. It is not difficult to create the template; However, it takes a little time. All you need is a simple toolkit available in MS Word and Google Docs that draws shapes. In any case, these business model templates can be customized for a variety of individuals and teams. Step 6: Link boxes + cleanOur boxes are not nine independent checklists, it would not help your idea. Instead, the web holds our ideas accountable; If we make a promise somewhere on the right, it must also be in one of the boxes on the left. Creating a unique value proposition is one of the most challenging parts of creating a solid business model.

It`s the foundation of how customers connect with your brand and business. First, I designed the business template templates in PowerPoint to have a master template. This allows you to create as many variants as you want and then evaluate them. We`ll look at some contractors who fill their own canvases – it`s much easier if you can look at someone else. Step 4: Key Resources, Key Activities and Key PartnersThese three boxes describe how the company will work «behind the scenes» – all the operational components that make value propositions a reality. We want to list all the key ingredients, important processes and invaluable allies that make our business possible. Key resources are people, places, machines, patents and intangible assets used each week. This is not a complete inventory, but a list of resources that, if lost, would prevent the business from functioning. The Business Model Canvas is best suited for established companies that have established resources, customers, and revenues.

Josh – We have two clients:1. Young professionals who want to buy cool and eco-friendly gifts for themselves and their friends. They love the aesthetics of brushes and the history of movement. It`s an easy way to do something cool.2. Mothers with young children who want to create a mindset of environmental responsibility in their daily choices. They love the custom colors of each brush, and by making brushing their teeth fun, they get fewer objections from their kids twice a day. Download this Value Proposition PPT template as a PowerPoint file. It is designed to have a master model that allows you to create multiple versions of your value proposition. If you`re hosting a workshop, the business template`s PDF template is great for printing and pinning to a wall – see sizes below.