Strategy & Planning
Business Model Canvas
Describe how an organisation creates, delivers and captures value on a single page.
- Time: 45 to 90 min
- With: Team, ideally with different functions
- You get: A shared picture of the current or intended business model
How to use this worksheet
- Start on the right side with customers and value, then move left to infrastructure and money.
- Be specific: name customer segments, channels, partners. "Everyone" is not a segment.
- Check consistency across blocks: does each value proposition have a customer, a channel and a revenue stream?
- Make one canvas per business model. Compare "today" and "tomorrow" side by side.
For whom are we creating value? Who are our most important customers?
Prompts and example
Ask yourself
- Which segments are we serving, and which not?
- Who pays, who uses?
Example
- Independent restaurants (10 to 50 staff) - Small hotel kitchens
What value do we deliver, which problem do we solve, and what do we offer each segment?
Prompts and example
Ask yourself
- Which customer needs do we satisfy?
- What bundle of products and services do we offer?
Example
- Plan a week of shifts in 10 minutes - Fewer conflicts and overtime surprises - Staff self-service for swaps
How do we reach and serve each segment? Which channels work best and are cheapest?
Prompts and example
Ask yourself
- How do customers want to be reached?
- How do we integrate channels?
Example
- Website and self-serve sign-up - Partner newsletters - Direct outreach for larger groups
What kind of relationship does each segment expect from us?
Prompts and example
Ask yourself
- Which relationships exist today and what do they cost?
- How do we acquire, retain, grow?
Example
- Self-service with in-app help - Onboarding call for groups with 3+ locations - Monthly tips newsletter
For what value are customers willing to pay, and how?
Prompts and example
Ask yourself
- How much does each stream contribute?
- Fixed or dynamic pricing?
Example
- Subscription 29 EUR per location per month - Onboarding packages for groups
Which assets does our value proposition require?
Prompts and example
Ask yourself
- What do our channels, relationships and revenue need?
Example
- Engineering team - Scheduling optimisation know-how - Customer data (anonymised)
What must we do to make the model work?
Prompts and example
Ask yourself
- Which activities do our value proposition, channels and revenue require?
Example
- Product development - Customer onboarding - Marketing in hospitality communities
Who are our key partners and suppliers? What do we get from them?
Prompts and example
Ask yourself
- Which activities do we outsource?
- Where do partners reduce risk?
Example
- Payment provider - Payroll software integrations - Food supplier newsletter
What are the most important costs? Which resources and activities are most expensive?
Prompts and example
Ask yourself
- Is the model cost-driven or value-driven?
- Which costs are fixed?
Example
- Salaries (80%) - Hosting and tools - Paid acquisition
Before you finish
- Each value proposition has a segment, a channel and a revenue stream.
- Segments are specific enough to find real people.
- The cost structure follows from the key activities and resources.
- You know which block holds your riskiest assumption.
About the Business Model Canvas
Alexander Osterwalder and Yves Pigneur introduced the canvas in "Business Model Generation" (2010). It splits a business model into nine building blocks that must fit together.
Use it to compare options, find gaps and explain a business to others in minutes rather than in a 40-page plan.
Recommended reading
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- Business Model GenerationAlexander Osterwalder & Yves Pigneur
The definitive handbook on business model innovation. Visual, practical guide used by millions worldwide with the original Business Model Canvas.
- Business Model YouTim Clark
Personal application of the Business Model Canvas for career planning and personal development strategy.