Understanding Business Model
Business Model Canvas is strategic management and lean startup template for developing new or documenting existing business models. It is a visual chart with elements describing a firm’s or product’s value proposition, infrastructure, customers, and finances. It assists firms in aligning their activities by illustrating potential trade-offs.
The nine “building blocks” of the business model design template that came to be called the Business Model Canvas were initially proposed in 2005 by Alexander Osterwalder[4] based on his earlier work on business model ontology. Since the release of Osterwalder’s work around 2008, new canvases for specific niches have appeared.
This course was recorded during a live class with startup founders who do not have any formal background in accounting and finance.
Deriving financial plan and blending with business models
- Business Model – Components
- How each business model component is represented in financial plan
- Interwind different components to make a complete business plan.
- Case Study – Alibaba, IKEA and new startup
Why choose Edplx?
- Internationally recognised accredited qualification
- Access to our free career advisors
- Approved UK Learning Centre
- 1 year accessibility to the course
- Attain PDF or hardcopy certificate to show employers
- Study at your own pace anywhere
- Employer has access to certificate validation
- Tutor Support available Monday-Friday
- Invitation to job fairs
Course Curriculum
This Course will cover some of the following topics:-
INTRODUCTION
- Business Model Canvas – Brief Introduction
- How does it begin and starts
- Problems Solving Opportunities
COMPONENT OF BUSINESS MODEL, EXPLAINING DETAILS
- Customers and Value Proposition
- Channels of Distribution and Customer Relationships
- Revenue Streams and Key Resources
- Key Activities, Partners and Cost
CASE STUDY
- Business Model of ALIBABA to explain different components
- Business Model of IKEA Explained
- A Practical Example to Demonstrate how different components work in business model
BASIC OF BUSINESS PLAN
- Business Plan Component – Executive Summary
- Business Plan Component – Executive Summary-Key things
- Market Sizing Concepts and Financial Model to Calculate Market Access
- Marketing Sizing Method
- Rest of Financial Model and B Plan
Who is this Course for
This course is suitable for
- Startup Founders and Cofounder
- Business Executives
Requirement
This course is open to all with no formal entry requirements.
Course Features
- Lectures 15
- Quizzes 0
- Duration 2h 22m
- Skill level All levels
- Language English
- Students 259
- Certificate No
- Assessments Yes
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Introduction
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Component of Business Model, Explaining Details
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Case Study
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Basic of Business Plan