PARAS, PRINCESS ERICA MAE M.

BSBA – 4A

ENTREPRENEURIAL MANAGEMENT

04 ACTIVITY 02

Business Model Canvass

Key partners

 Flip and Fold Company is a limited partnership wherein limited partners are only liable up to the
amount of their investment. 
 The company is also partnering with the local suppliers for the raw materials.
 The company will accept investors if the business continues to grow. 
 The company will ensure that all the key partners have a good relationship when launching and
growing the businesses. 

Key activities

 The company will concentrate on manufacturing a product, including learning more about
customers and experimenting with new production processes to better the outcome.
 The organization will do market research to determine whether clients are satisfied with the
products or whether the model needs to be updated to meet their needs better.
 The company will also using different social media platforms to promote the business.

Value proposition

 Improving the performance of a product or service has long been a popular way to add value.
 The company will make sure that they will offer affordable products that can satisfy the needs of
price-sensitive customer segments.
 They make sure that the design is unique from other furniture business. The company want to
standout because of the product they offer.
Customer relationship

 To establish customer relationships, the organization will ensure a good relationship. Rather than
simply telling clients about the firm, they would promote it while listening to them. They will speak
with them, ascertain their wants, and then demonstrate that they will provide a solution to their
problem.
 To meet or surpass customer expectations, the corporation will supply a product or service
sooner than expected. The consumer will be satisfied with the surprise if they deliver earlier than
planned.
 Customers will express their feelings about the company, whether they are positive or negative.
To demonstrate that they are paying attention, the company will solicit consumer feedback. Place
comment cards on the counter at the shop or conduct a survey.

Customer segments

 Customers will divide into distinct segments based on everyday needs, tasks to complete,
expected behaviors, or other characteristics to better serve them. One or more major or minor
Customer Segments may be present in the business model. The company must decide which
segments it will help and which ones it will neglect.
 To ensure a company's appeal to its target market, it must first figure out who the target market
is. These can be identified by looking at the customer's surroundings, past experiences, and
overall context. All these aspects influence how customers react to your goods. As a result, a
client's persona is defined by their geographic, demographic, and social environment, resulting in
a consumer archetype for your products and services.

Key resources

 Manufacturing facilities, buildings, vehicles, machinery, systems, point-of-sale systems, and

distribution networks fall within this category. Wal-Mart and Amazon.com, for example, rely
substantially on physical resources, which are frequently capital-intensive. The former has a
massive global store network and related logistics infrastructure.
 Brands, private information, patents and copyrights, collaborations, and consumer databases fall
under intellectual resources. All these elements are becoming increasingly vital in a successful
business plan. It takes time to cultivate and build academic resources.
Channels

 Raising customer awareness of a company's products and services.

 Helping people in determining the value proposition of a company.
 Providing clients with the ability to buy specific products and services.
 Providing a Customer Value Proposition.
 Providing after-sale customer service.

Cost Structure

 The company must analyze the most critical charges to your firm and build hypotheses for these
expenses to populate the cost structure block of your business model canvas. You'll need to
account for both fixed and variable expenditures, such as launch and acquisition fees, as well as
monthly operational costs.
 It's easy to figure out whether your costs are variable or fixed; all you must do is figure out which
costs change with your company's volume of sales or output. If the price fluctuates, it is variable;
otherwise, it is fixed. The type of industry and nature of business activities determine a company's
cost structure to some extent. There are, however, decisions that can have a direct impact on the
variable/fixed cost split.

Revenue streams

 One of the most important jobs for a financial analyst is to analyze a company's revenue
performance. As a result, an analyst must be able to identify the many revenue streams through
which the company makes cash and understand sales statistics on financial statements. When a
financial analyst examines financial statements, the revenue figure shows the amount recognized
by the company when items will sell or services will perform, regardless of whether money will
receive at the time.
 Understanding the revenue stream allows a financial analyst to recognize the pattern of cash
inflows and, as a result, spot unexpected movement or changes in revenue trends immediately
and pinpoint the source of the problem. When an analyst does financial analysis and provides a
relevant explanation for variations, this is a variance explanation.