Lean Canvas 1
List 4 examples of popular channels
Social media
Online Advertisements
Print Advertisements
Trade Shows
TV or Radio Commercials
Blogs
Webinars
Which section of the Lean Canvas addresses the company's proposed income?
Revenue Streams
What section of the business plan includes information about product line expansions?
Product and Service Plan
What section of the business plan includes information about the qualifications of management?
Management Team Plan
What is the first section that should be filled out in the lean canvas model?
problem
What is the Unique Value Proposition?
What makes your brand stand out among competition
What section answers the following question?
“What does this business have that no one else does?”
unfair advantage
The Executive Summary should be how many pages long?
1-2 pages
Give an example of indirect competitors
answers will vary
How many sections are in the lean canvas?
9
2 expenses that are included in the cost structure section
start up costs and operational costs
Give 3 examples of revenue streams.
one time fee, subscription plan, donation based
Contains information about differentiation and what sets your products/services apart from other businesses in your industry.
Competitor Analysis
How many sections are in a business plan?
14
the means of delivering a service or product indirectly to the customer, such as through a wholesaler.
Indirect Channel
Which section of the Lean Canvas identifies who the product or service is for?
customer segments
In a Lean Canvas, where would you find information about how a company plans to market its product?
Contains information about the ownership structure.
Organizational Plan
Contains information about how the business will minimize risk.
Contingency Plan
What component of a business plan establishes the scope and purpose of a company and reflects its values and beliefs?
Vision Statement
List all the components of the lean canvas model.
problem, customer segments, UVP, Solution, Channels, Revenue Streams, Cost Structure, Key Metrics, Unfair Advantage
3 purposes of a lean canvas
brainstorm, problem-solve, communicate business ideas
Name 7 Sections of the Business Plan
Company Description, Market Analysis, Product and Service Plan, Operational Plan, Executive Summary, Growth Plan, Management Team Plan, Organizational Plan, Contingency Plan, Mission and Vision Statement, Industry Overview, Marketing Plan, Financial Plan, Competitive Analysis
What section of the business plan includes information about inventory management?
Operational Plan
The means by which you deliver the product or service to the customer.
Distribution Channel