A business model describes how a company creates and delivers captures and defends value. While this definition may sound complex, defining and developing a business model does not have to be a daunting task. In this step-by-step guide, we will share with you a proven process to follow, as well as questions and checklists to help you avoid common pitfalls. We will be using the Lean Canvas as our tool, which you can download from our Template Library.
Originally published on Feb 7, 2020. Go to the full article at https://neoschronos.com/insights/how-to-create-your-business-model-lean-canvas-edition/