BMC

1. Dr. Devesh Gupta
IIMT Group of Colleges, Meerut

2.  The term business model refers to a
company's plan for making a profit. It
identifies the products or services the
business plans to sell, its identified target
market, and any anticipated expenses.

3.  Business models are important for both new
and established businesses. They help new,
developing companies attract investment,
recruit talent, and motivate management and
staff.

4.  Established businesses should regularly
update their business plans or they will fail to
anticipate trends and challenges ahead.
Business plans help investors evaluate
companies that interest them.

5.  High Level Plan
 Value Proposition
 Desirable to Customers or Clients
 Differentiates the Product or Service from its
Competitors

6.  Start-up Costs
 Marketing Strategy
 Opportunities
 Partnership with other established Companies

7.  To fulfil client needs
 Revision of Business Models
 To reflect changing business environments
and market demands

8.  Possible Investment
 How it makes money
 Company’s Prospects
 Better sense of Financial Data

9.  Direct Sales
 Franchising
 Advertising Based
 Brick and Mortar stores

10.  Unique
 Razor-Razorblade Model
 To supply a dependent good at a
considerable higher price

11.  The Business Model Canvas Template PPT is
likely to be the most well-known and used
business modelling system in the world. This
tool was developed by Alexander
Osterwalder, in his book entitled Business
Model Generation.

12.  User Friendly
 Dispenses Pages and Pages of Explanations
 Attention of interested parties on a single
canvas

14.  What value do I deliver to my consumer?
 Difference of your product or service form the
competitor?

15.  Who you are selling to?
 Who is my primary customer?
 What kind of customer can I generate value
for?

16.  Bring together all the service, communication
and after sales strategies
 Create a relationship with the customer
 Retention of your audience
 Prevention from migrating

17.  What are the best ways for me to reach my
customer?
 Sales Channels
 Distribution
 Communication and Marketing

18.  Development and Maintenance of :
 Technologies
 Production Line
 Logistics and Distribution

19.  What resources are essential for my business?
 Fundamental Assets
 Software, HR, Machines

20.  Who your business partners are?
 Suppliers
 Service Providers
 Outsourced Companies

21.  Define the Costs related to different activities
 Fixed Costs
 Fluctuation Costs

22.  How and how much will my customer pay for
the value proposition?
 How much money your business will make?
 More than one revenue stream