Business Validation
All startups should run a Business Model Canvas exercise to understand their company's strengths and weaknesses.
All startups should run a Business Model Canvas exercise to understand their company's strengths and weaknesses.
This is a great tool to understand your business model, use it to understand insights about your potential or current customers, what value propositions are offered, and how your startup makes money.
This tool will also help you understand your competitors, which is a helpful way to learn about your customers’ needs across the entire industry, not just in your company. You’ll uncover important information about how other businesses, some even successful businesses, and learn how they have created their own spaces in the market.
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