<p> Business Model Canvas Form Guide</p><p>The following form is designed to help you identify potential value propositions, customer segments, channels, and customer relationships. The information below is a recap from our class discussion on applying on the business model canvas. Please refer to this guide in filling out the Business Model Canvas Form.</p><p>The following business model canvas explains the type of information that each category addresses. </p><p>7. Key Partners 8. Key Activities 1. Value Proposition 4. Customer 2. Customer Segments Relationships  Who are our key  What key activities do  What value do we  For whom are we partners? our value propositions deliver to the customer?  What type of creating value?  Who are our key require?  Which one of our relationship does each  Who are our most suppliers?  Our distribution customer’s problems are of our customer important customers? segments expect us to  Which key resources are channels? we helping to solve? establish and maintain  Examples we acquiring from  Customer relationships?  What bundles of with them? o Mass market partners? products and services  Revenue streams?  Which ones have we o Niche market  Which key activities do are we offering to each  Categories established? o Segmented partners perform? customer segment? o Production  How are they integrated o Diversified  Motivations for  Which customer needs Problem solving with the rest of our partnerships o are we satisfying? o Multi-sided business model? o Optimization and o Platform/network  Characteristics platform  How costly are they? economy o Newness o Reduction of risk o Performance 6. Key Resources 3. Channels and uncertainty o Customization  Through which channels o Acquisition of o “Getting the job  What key resources do do our customer particular resources done” and activities our value propositions segments want to be require? o Design reached?  Our distribution o Brand/status  How are we reaching channels? o Price them now?  Customer relationships? o Cost reduction  How are our channels integrated?  Revenue streams? o Risk reduction Accessibility  Which ones work best?  Types of resources o o Physical o Convenience/  Which ones are most usability cost-efficient? o Intellectual (brands, patents,  How are we integrating copyrights, data) them with customer routines? o Human o Financial 9. Cost Structure 5. Revenue Streams  What are the most important costs inherent in our business model?  For what value are our customers really willing to pay?  Which key resources are most expensive?  For what do they currently pay?  Which key activities are most expensive?  How are they currently paying?  Is your business more:  How would they prefer to pay? o Cost driven (leanest cost structure, low price value proposition,  How much does each revenue stream contribute to overall revenues? maximum automation, extensive outsourcing) o Value driven (focused on value creation, premium value proposition) Business Model Canvas Form Guide Business Model Canvas Form Guide</p><p>Helpful Hints</p><p>Key Resources</p><p> Lesson 1.5A: Business Models and Customer Development o Go to https://www.udacity.com/course/ep245 . Click on “Take the Class” on the right side and sign in  If you do not already have a user account, you will need to create one  Don’t worry – it is free . Use the lesson navigator pull down menu in the upper left to navigate to the lesson Business Model Canvas Form Guide</p><p>LSU NSF I-Corps Sites Team: Entrepreneurial Lead: Academic Lead: Business Mentor:</p><p>Business Model Canvas Please fill in your hypothesized value propositions, customer segments, channels, and customer relationships. </p><p>1. Value Proposition 4. Customer Relationships 2. Customer Segments</p><p>3. Channels </p>