THE BUSINESS MODEL CANVAS

› Have you written a business plan? The Business Model Canvas can help you outline the basic elements of a business plan—
making your business idea much more clear to you and your mentor.

› Even if you do have a business plan in place, The Business Model Canvas is a useful exercise that can help to summarize all of your
business activities on one sheet of paper, allowing you and your mentor to analyze what you are currently doing and brainstorm
possible solutions to the challenges you are facing.

Instructions
› On your Key Partners Value Customer Customer own, fill out
the Key Activities Relationships Segments Business
Propositions
Model Canvas by
› What activities does following the
› Who are your key your value › What value do you › What types of › For whom are you
proposition require? deliver to your relationships are creating value? prompts
partners and suppliers?
below. customer? expected and/or You will find
established?
a blank › Distribution, customer › Who are your most canvas on
relationships & › What problem/need important customers?
revenue streams. are you helping to › How costly are they?
› Which key resources do solve?
you acquire from them? Key Resources Channels
› What bundles of › Through which channels
› What resources do your products/services are
do customers want to
value propositions require? you offering to each
be reached?
› Which key activities do › Are additional resources customer segment?
partners perform? needed?
› How do you reach
them now, is it best?

Cost Structure Revenue Streams

› For what value are your customers really willing to pay?
› What are the most important costs inherent to your business model?
› For what do they currently pay?
› How are they paying and how would they prefer to pay?
› Which key resources are most expensive?
› How much does each revenue stream contribute overall?

› Which key activities are most expensive?

the following page. Present your completed version to your mentor; you can even send this to your mentor ahead of your first
conversation.
Tip: Look for the correlating icons in the ‘Mentor Readiness Worksheet’ for quick and easy completion.
THE BUSINESS MODEL CANVAS
Key Partners Key Activities : Value Propositions Customer Customer
1)Robotical As soon as you have Relationships Segments
Association pvt.limited. ordered our product,it
2)Philips Group of will be delivered within Our employees are Our main aim is to sell
a week.The delivery We give our customers friendly with the this product to the aged
Electrical wirings. package itself contains the best product and we customers and they people and the people
an user manual and in gain their trust by would clarify the who can’t take care of
addition it contains our delivering a defectless customers queries themselves.
showroom number for product within the about the product in a
any queries.The user stipulated time. well mannered way.
manual contains all
information about We are providing
warranty,service healthcare service to the
people.
scheme.
Key Resources : Channels
Additionally more man The customers can
power is required to order their product
assemble the parts. through our private
website or they can
come in person to buy
the product.
Cost Structure Revenue
1)Batteries-250000 1)The robot’s prototype will cost around 50000.
2)Metallic parts-150000 2)The robot will be soon available in the market with a price
3)Electrical circuits-45000 range of 300000-500000.
3)Most of the customers are willing to pay in cheque.
Assembling the parts,connecting the circuits,inserting the
data into the robot’s system ,and coding is a tedious
process.