The business model canvas is made up of nine parts that, together, end up describing the business model. A business plan shouldn’t be created until this has been done because you need to know what your business model is before you can really create a business plan (Osterwalder et al., 2010). The textbook goes into detail on the aspects of every section of a business model. Supporting statements from research are required and must be cited in APA Format. See grading rubric before starting the assessment.
INSTRUCTIONS: Create a business model for an established business using the template shared in the textbook. You can use a business from the PESTEL Analysis list and/or a business of your own choice. The required sections that must be included in your Business Model are listed below. DUE: Thursday, March 3rd by end of day.
KEY PARTNERS
KEY ACTIVITIES
KEY RESOURCES
VALUE PROPOSITIONS
CUSTOMERS
CHANNELS
CUSTOMER SEGMENTS
COST STRUCTURE
REVENUE STREAMS