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Lean vs Business Model Canvas for Efficient Planning
There are various business models, business planning, and business canvas tools. How do you know which will be the most helpful for you and your business or business idea? Below, we share details about the two most popular canvases to help you develop and/or optimize your business model.
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Lean Startup
Lean Canvas
Lean Canvas helps you deconstruct your business idea into its key assumptions. It is adapted from the Business Model Canvas and optimized for Lean Startups.
The lean model canvas features nine blocks with three add-ons: Problem (with Existing Alternatives), Solution, Key Metrics, Unique Value Proposition (with High-Level Concept), Unfair Advantage, Channels, Customer Segments (with Early Adopters), Cost Structure, and Revenue Streams. This canvas is a variation of the Business Model Canvas. The creator of the Lean Canvas wanted something hyper-focused on the mindset of a "Lean" startup entrepreneur/business. A lean business model focuses on improving processes to eliminate waste while optimizing value to the customer.
Intended for Startups
Focuses on Lean methodology
Utilizes Problem-Solution Approach
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the Lean Canvas!
Lean Canvas
Design and Optimize
Business Model Canvas
The Business Model Canvas, is a strategic management and entrepreneurial tool. It allows you to describe, design, challenge, invent, and pivot your business model.
The business model canvas features the nine fundamental building blocks of all business models: Key Partners, Key Activities, Key Resources, Value Propositions, Customer Relationships, Channels, Customer Segments, Cost Structure, and Revenue Streams. The business model canvas was created to provide a shared understanding of what a business model is—something everyone understands. The canvas helps you think through your business, competitors, or any other enterprise, all with an everyday shared language—a shared language you can use to describe and manipulate business models to create new strategic alternatives.
Intended for all business stages
Focuses on model design & testing
Utilizes Customer Jobs-to-be-done Approach
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the Business Model Canvas!
Business Model Canvas
Get Help Choosing Which Canvas Is For You
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