The Basic Business Model Canvas is a simplified framework used to outline the core components of a business in a structured, visual format. It consists of nine essential building blocks: customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partners, and cost structure. By filling out each section, businesses can identify how they create, deliver, and capture value. The canvas helps teams visualize the relationships between different parts of their business and make informed decisions. This tool is ideal for both startups and established companies looking to clarify and optimize their business model.
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