Reality Check

The question is “How will your business make money?” Most new businesses don’t take this question seriously, and often fail because of it. You need a business model – which is basically your roadmap to making money, and no, a business model is not a business plan. Confused? Read through the statements below to get a better understanding of what a business model requires:

  • Value propositions for each customer segment
  • The customer segments, which you aim to serve with your value propositions
  • The type of customer channels required to reach your customer segments with your value proposition
  • The type of customer relationships required for each customer segment
  • The key business activities required to deliver your value proposition to your customer segments
  • The key business resources required for activities to reach the customer segments with your value proposition
  • The key business partners required to support you in reaching your customer segments, in the areas which you are less effective in
  • The key cost structures required to deliver your value proposition to your customer segments
  • The key revenue streams required to make money from delivering your value proposition, to the customer segments

Free Download

Once you have done a reality check, download our free Business Model Checklist Template, to check whether or not your business model can be successfully presented to investors or bankers.

Free Download

Business Model Checklist Template

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