A visual framework that outlines key components of a business model, including value propositions, customer segments, and revenue streams.

The specific groups of people or organizations that a business aims to serve and create value for.

The unique value a product or service offers to its customers, explaining why they should choose it over competitors.

The various sources of income generated from the sale of products or services, crucial for financial sustainability.

The expenses associated with operating a business, including fixed and variable costs, essential for profitability analysis.

The means through which a business delivers its value proposition to customers, including distribution and communication methods.

External organizations or individuals that help a business achieve its objectives, often through strategic alliances.

The essential actions and processes a business must perform to deliver its value proposition and operate effectively.

The critical assets required to deliver value, including physical, intellectual, human, and financial resources.

The process of gathering, analyzing, and interpreting information about a market, including customer needs and trends.

A strategic planning tool that identifies strengths, weaknesses, opportunities, and threats related to a business or project.

Fictional characters that represent different segments of a target market, helping to understand customer needs and behaviors.

The act of presenting a business idea or model to potential investors or stakeholders, emphasizing its value and viability.

The process of estimating future financial performance based on historical data and market analysis.

Evaluating the strengths and weaknesses of competitors to identify opportunities and threats in the market.

An iterative approach to project management and product development that emphasizes flexibility and customer collaboration.

The process of testing and confirming that a business model or idea meets the needs of the target market.

Creating a preliminary model of a product or service to test concepts and gather feedback before full-scale production.

A process where outputs of a system are circled back and used as inputs, often to improve a product or service.

A plan that outlines how a business will compete in its market and achieve its goals.

The act of creating, developing, and managing a new business venture to make a profit.

A newly established business, often in the early stages of development, seeking to bring a product or service to market.

The degree to which a product satisfies a strong market demand, indicating potential for success.

The process of defining a business's direction and making decisions on allocating resources to pursue this strategy.

Building and nurturing professional relationships that can provide support, advice, and business opportunities.