Business Model Designing
Businesses get started within the mind or from the environment. We are driven either by our experience or to provide a solution to an existing problem. It normally starts from a white piece of paper with some flashy figures written in bold, while sipping a big cup of coffee. A white paper holds great weightage though but altogether at a different level.
A white paper is an authoritative report or guide that informs users concisely about a complex issue and presents the issuing body a philosophy on the matter. It is meant to help users understand an issue, solve a problem or make a decision.
As per various research reports, 90% of the businesses don’t have a business plan. They just start. That’s why 66% of the start-ups end up closing in first 2 years.
We are not encouraging you to develop a business plan as it’s a lengthy and cumbersome exercise, which remains only a s a report. But we strongly recommend a Business Model canvas, which provides clarity with direction. It may appear to be simple and easy once completed, but actually it involves top management brainstorming, profound thinking with clarity and lots of processes and checklists. It is indeed a great tool to help you understand Business Model in a structured and simple way.
Without Structured Thinking The Clarity Doesn’t Come Up
It is the normal market’s perception that a business model need to be prepared at the start of the business. Yes, we do agree to it to an extent. But we consider it as a multi-faceted canvas, which opens up vast possibilities in different areas, some are listed below –
- Before you start the business
- The first year of your business
- KYC (Know Your Competitor)
- New Product Launch
The above Business Model Canvas is just a standard one. We have customized it and have made it visually appealing for you. It will match with your brand identity and business flow. It will certainly bring owner’s pride moment.
“A Professional Business Model Canvas is what your business needs”
D-I-Y Do It Yourself
L-U-D-I-F-Y Let Us Do It For You
LUDIFY is an investment and it involves a process. A complete one-day exercise but it is certainly going to change your business.