Podcast

Common Mistakes When Using the Business Model Canvas and how small business owners can avoid them

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In this episode of BizTalk with Emmanuel, we dive into the topic of the Business Model Canvas, a valuable tool for small business owners to develop, analyze, and improve their business models. We explore how this visual template allows entrepreneurs to easily identify the key components of their business and how they fit together.

However, despite its usefulness, it’s common for small business owners to make mistakes when using the Business Model Canvas. These mistakes can lead to inefficiencies, inaccuracies, and ultimately, a flawed business model. That’s why we’re going to discuss some of the most common mistakes made when using the Business Model Canvas and provide strategies for small business owners to avoid them.

By the end of this episode, you’ll have a better understanding of the Business Model Canvas, its importance, and how to avoid common mistakes when using it. With this knowledge, small business owners can effectively utilize the Business Model Canvas to create a successful business strategy. Tune in to learn more!

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Author

Emmanuel Setyawan

A Strategyzer coach and Blue Ocean Strategy Australia consultant, Emmanuel brings remote delivery and time-proven, case study backed frameworks to remote strategy coaching and facilitation while helping customers create new or improve existing business models, design value propositions that capture new market or untapped needs and create a new way to generate revenue streams. Contact Accolade Coaching now and let Emmanuel help you work on your innovation strategy.

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