Business Model Design – Redesign Services
Let’s face it, as a small business owner it’s easy to get wrapped up in the tedious day-to-day activities of your company, unfortunately leading to the neglect of some of the detrimental areas of your business. In order for you to get a better understanding of your current situation and how to improve on it, we need to assess your operation. To accomplish this most effectively, we’ll visually deconstruct your current business model and investigate all of its respective components with as much detail as possible to ensure that your company is best positioned for sustainable growth in today’s marketplace. We often resource an amazing tool known as the Business Model Canvas for assessing business models, as it has provided us with some of the most thorough business assessments we’ve seen. The Business Model Canvas is broken up into multiple components as you will see listed below..
Cost Structure defines all costs incurred to operate a business model
Revenue Stream represents the cash a company generates from each Customer Segment (costs must be subtracted from revenues to create earnings)
Value Proposition describes how products and services create value for a specific Customer Segment
Key Activities define the most important things a company must do to make its business model work
Key Resources define the most important assets required to make a business model work
Key Partnerships defines the network of suppliers and partners that make the business model work
Customer Relationships define the types of relationships a company establishes with specific Customer Segments
The Customer Segments define the different groups of people or organizations an enterprise aims to reach and serve
Channels define how a company communicates with and reaches its Customer Segments to deliver a Value Proposition
It is highly recommended to get as many members of your core team involved in this workout as we’ve found the more involved your team is, the more they will learn about your business, the more you will learn about your team, and the more likely we are to curate new ideas and insight as to how we design a better business model for the future of your company.
If you’re interested in redesigning your business model to better suit the current market conditions, gain a significant advantage in your industry, and prepare your company for long-term growth, then please contact us to schedule a preliminary (no-obligation) telephone interview with one of our professional strategists so we can get a better understanding of your immediate objectives and goals.
Once we get the introduction out of the way, it’s time to get to work. The length of time that’s expected to complete a business model redesign can vary greatly for many reasons, however; we estimate this to take roughly 64-80 hours from start to finish.
Give Us a Call Today: (570)817-2901
We’d love the opportunity to help you design or redesign your business model for success. We’ve worked with many different types of businesses and people in developing some really awesome businesses throughout the years. Now it’s your turn to take your business to its true potential. Give us a call at 570-817-2901, or send us an email through the link to the right, and please include a good time for us to reach out to you. Until then, best of luck on your entrepreneurial journey!