Business Model Canvas
Business Model Canvas is a tool belonging to the comprehensive Business Model Design methodology developed by Strategyzer. It serves as a great tool for corporate visionaries, business owners and directors and anyone involved in corporate innovation or looking to improve corporate strategy.
The Business Model Design methodology is used by small and large companies around the world. It is suitable for both startup development and strategy changes in Fortune 500 companies.
The Canvas consists of nine blocks that can be modified to create entirely new business models. These are customer segments, value propositions, distribution channels, customer relationship building, key resources, key activities, key partners, revenue sources and cost structure.
A sample canvas can be found below: