Bmc slides toshare_11.15

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+ Terri Burch, MBA Business Design Strategist November 15 th , 2015 The Lean Business Plan Copyright Terri Burch 2015

Transcript of Bmc slides toshare_11.15

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Terri Burch, MBA Business Design Strategist November 15th, 2015

The Lean Business

Plan

Copyright Terri Burch 2015

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Terri Burch Business Design & Innovation Strategistwww.businessdesignco.com [email protected] terrinburch.branded.me

+Goals

Understand the Business Model Canvas (high-level)

Apply to your own business

Get/Give Feedback

Receive additional resources + more

Copyright Terri Burch 2015

+What is a Business Model?

Copyright Terri Burch 2015

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Describes the way your business creates, delivers, and captures value for your customers

Copyright Terri Burch 2015

+ENTREPRENEUR?

Copyright Terri Burch 2015

+What is the job of an entrepreneur?

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Job is to find a business model that works…

Copyright Terri Burch 2015

Copyright Terri Burch 2015

+USES

New business

Existing business

Departments

Business model YOU

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+Benefits

n  Transformative, changes, adaptive

n  BMC vs Traditional Business Plan

n  Can get ideas out faster than the larger companies

n  Great when talking about your business

n  Partners working together

n  Explaining the vision of your business

n  Defining clarity for yourself

n  Wall art – visualization tool

Copyright Terri Burch 2015

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The Business Model Canvas Explained h`ps://youtu.be/QoAOzMTLP5sh`ps://youtu.be/wlKP-BaC0jAh`ps://www.youtube.com/watch?v=wlKP-BaC0jA#action=share

+Instructions on Studio 30 minutes

Customers: Identify your customers

Value Proposition: What value are you creating for your customers?

Channels: How are you delivering that value?

Customer Relationships: How do you a`ract customers and keep customers?

Revenue Streams: What’s in it for you?

Key Activities: How are you ge`ing it done?

Key Partners: Who do you need to help you?

Key Resources: What do you need to make it?

Cost Structure: How much will it cost?

Copyright Terri Burch 2015

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Terri Burch Business Design & Innovation Strategistwww.businessdesignco.com [email protected] terrinburch.branded.me

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FacilitationWorkshops

Brainstorming

ResearchCustomer Segment

Customer InterviewsSurveys

StrategyBusiness model development

Brand identification + resonance

Design + PhotographicLogo

Web designProduct + event photography

Journey + touchpoint mappingMarketing materials

Business Design Strategy Services

+Additional Resources

n  Strategyzer.org

n  Entrepreneurship.org

n  Canvanizer.com

n  Business Model You

Copyright Terri Burch 2015

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The Canvas & More Examples