The Business Model Canvas is a tool that allows participants to represent how they create, catch and deliver the value of their product or service to its customers. It includes 9 elements to consider that are fundamental for the creation or the analysis of a business. Half of these elements are related to the value created and the other half is related to how the value is created and delivered.
In order to make a logical compilation of the tool, the participant must have clear in mind the business idea and must have done the basic research related to customer needs, to contest, to market and to the competitors.
There is also a logic in the compilation of this tool which is related to the reasoning that the participant must do when designing a new business. Here are the 9 elements in order of the compilation:
The outcome of the first Business Model Canvas created for a business idea will be an ideally designed business model, that eventually, after several tests, trials, feedback and further research, can and will be remodeled.