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Setting up a business isn't just about naming your product or service and its functions.
There are many things to consider for your business to thrive, and planning them out is only part of the work.
1) Value Propositions
Which one of our customer's problems are we helping to serve?
Which customer needs are we satisfying?
What is the specific product/service?
What are the features that match customer needs?
2) Customer Segments
For who are we solving a problem or fulfilling a need?
Who are the customers?
Does the value proposition match their needs?
Is this a single-sided or multi-sided market?
3) Channels
Through which Channels do our Customer Segments want to be reached?
4) Customer Relationships
How will we Get, Keep, and Grow customers?
5) Key Activities
What Key Activities do our Value Propositions require?
6) Key Resources
What Key Resources do our Value Propositions require?
Suppliers, etc.
7) Key Partners
Who are our Key Partners?
8) Revenue Streams
What is the revenue model?
What are the pricing tactics?
For what value are our customers willing to pay?
9) Cost Structure
What are the most important costs in our business model?
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