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In this unit, students will be taking their business idea from ENT 1010 a step further through further expansion of their Business Model Canvas. It is recommended to use sticky notes so that thoughts can be rearranged as students progress through the lesson. By the end of this course, students should have expanded their ideas through describing and applying in their learning onto the Business Model Canvas.
Objective
After completing this unit plan, students will have:
• An emerging understanding of the new parts of the Business Model Canvas
• Learned how to complete the Key Resources section of the Business Model Canvas
• Learned how to complete the Value Proposition and Customer Segments section in the Business Model Canvas
• Learned how to advance a prototype and bring it to a sample level
• Learned how to complete the Revenue Streams, Cost Structure and Key Partners sections of the Business Model Canvas
• The ability to compile information needed in order to create a sample Financial Plan
• Learned how to complete the Key Activities, Key Partners, Key Relationships, Customer Relationships, and Channels sections of the Business Model Canvas
• The ability to compile information needed to create a sample Operational Plan
