A Business Model Canvas is the resource for startups. Forget a business plan, they are not suitable for early stage startups. This one-page business model, however, is golden. Download a free ThinkBusiness Business Model Canvas.
Below is a two-minute video overview of the Business Model Canvas.
2: The Value Proposition Canvas
This drills deeper into one of the key elements of the Business Model Canvas.
The Value Proposition Canvas is a very powerful tool. If your business doesn’t clearly understand the value of what you are offering then you don’t stand a chance of survival.
3: User Stories
Understanding your user helps your business’ value proposition. It’s best to have a nice, neat user story to help get your startup focused. Here is a good article that shows you how to do this.
Article by Ita O’Sullivan.
