Lean Business Model Canvas Template
The lean business model canvas template is made based on the Business Model Canvas by Alexander Osterwalder, but Ash Maurya made it in the style of Lean Startup to make it easier for people to see how things work. The Lean Business Model Canvas helps you make a business plan that is both actionable and entrepreneur-focused. It talks about problems, solutions, key metrics, and how to be better than your competitors.
Before starting a discussion about the lean business model canvas template, we have to know about the lean canvas.
What is a lean canvas?
The lean canvas is a one-page business plan that looks at all the main parts of your business idea. It is a version of the Business Model Canvas that was made for Lean Startups. The framework is broken up into nine main parts that together give a complete picture of the overall strategy.
A lean canvas online template makes it easy for teams that are spread out across the world to work together and share their ideas. In the end, the document can be shared, downloaded, and exported as a PDF.
This is a picture of a lean business model that you can use
If we’re going to talk about the lean business model canvas template, whether it’s for small businesses or big businesses, we need to know what canvas is.
The canvas business model is a diagrammatic template that is divided into several squares where important information must be filled in. This will help you plan quickly and intuitively.
So, we can say that the lean business model canvas is meant to help you make a business plan quickly. Without a lot of money or time spent on research, with the help of this diagram and other methods that we’ll talk about later.
When did the Lean Business Model Canvas template come about?
Everyone who wants to start a new business with a lot of enthusiasm will have to write a detailed business plan. Figure out a target market, figure out how to do things, talk to suppliers, set up the company’s finances, and many other costly and time-consuming steps.
Things sometimes don’t go as planned after a lot of work to start a business. This is part of the game, and a lot of time and money is wasted.
The idea behind the Lean Startup method is to make this whole process of starting a new business easier by using three key, agile, cost-effective, and practical principles. This way, things run more smoothly in the event that the business doesn’t work out, and things move more quickly.
It’s said that Eric Reis is one of the great idealists of the lean business model canvas, but he thinks that not just startups can benefit from it.
In the next part, we’ll talk about the three pillars of this business planning model.
Also, see: What are some of the problems that small businesses have to deal with?
The three parts of the Lean Business Model Canvas are:
The lean business model canvas, which is used by many startups, isn’t just for them.
There are three main points to this method.
1- Canvas vs. Business Plan
People who use canvas to start a business find it much easier to make decisions and start the first steps of setting up a business. Canvas is a lot smaller and more agile than paper.
2- In this case, MVP stands for the “Minimum Viable Product.”
Is one that doesn’t have everything you want to be able to use in the future. It can still be changed and improved as you go. This is called a “minimally viable product.”
To do things faster and with less waste, MVPs are used. It is about making a product with a few basic features so that you can get reliable information about the product and how it will be used in the future.
MVPs are very important for businesses that don’t have a lot of money. They help you learn more about your market and see if your product has the kind of reach you want. With this information, you can plan the development of your product and make sure your marketing campaigns are aimed at the right people.
As an example:
What if you want to make shoes out of a material that is only used to make waste now? You don’t need to make shoes for all ages and for all types of use, both feminine and masculine. Then make a specific thing, like men’s casual shoes. If the business does well, shoes of all kinds and for all kinds of reasons can be made from the information learned from the MVP.
3- Agile development
As soon as possible, start talking to people who might buy your product or service. Make sure to focus on what’s important and adds value to your business.
Make assumptions, build prototypes, and test them with people who are most interested in them. In this process, many things can go wrong. The only things that should be avoided at all costs are wasting time and not having enough money.
This is how your company will soon be modeling processes and putting your MPV on the market, based on these three things.
From there, there will be a lot of progress. Persevere!