Create business model canvas of your proposed business model

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Reference no: EM133486624

Homework: Business Model Canvas- Louise Cupcakes Business Model Project

Competency

Determine different types of local, domestic, and global business model strategies.

Scenario

You have decided to open a cupcake bakery and move your home-based business into a storefront. Recently, you met with SBA National, a nonprofit that focuses on helping entrepreneurs start their business with funding and guidance. The nonprofit also hosts a business pitch competition to anyone who is a client. One of the requirements of the SBA business pitch competition is that each participant must create a business model canvas, which outlines the specifics of their business.

Instructions

Part A: In preparation for the upcoming business pitch competition, it is SBA policy that you must create a business model canvas of your proposed business model. Your first task is to create a business model canvas, in Microsoft PowerPoint, that details your business strategy. The template is linked here.

Business Model Canvas Template

Complete the business model canvas with the following information:

1. Description of your business
2. Type of business model selected
3. Value proposition
4. Geographic scale (local, domestic, global)
5. Ease of formation
6. Ease of replication
7. Capital requirements

Part B: Now that you have completed your business model canvas, in a Microsoft Word document, provide a synopsis of why the business model that you chose is the best for your cupcake bakery.

Reference no: EM133486624

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