by Billy Epperhart | Apr 13, 2015 | Business Blogs
No matter how new your business idea is, it’s never too early to test the waters with a business model. For instance, you need to think about the structure of your business: do you want to create a for-profit business, an invention, or a non-profit? You also...
by Billy Epperhart | Apr 6, 2015 | Business Blogs
In the last eight weeks, I’ve been taking you through the Business Model Canvas. It’s an essential business tool that, when used correctly, can almost guarantee success. Today, I cover the last section of the canvas: Cost Structure. When it comes to...
by Billy Epperhart | Mar 30, 2015 | Business Blogs, Uncategorized
Every business has to do something in order to produce revenue. On the Business Model Canvas, we refer to these as Key Activities. Key activities are what you do with your key resources. In this stage, the most important thing to consider are the activities that need...
by Billy Epperhart | Mar 29, 2015 | Personal Growth
Thank you to everyone who contributed to my survey! If you’ve been on my website in the past week, then you probably noticed the survey to the right. I was curious to know what days of the week you all read blogs and articles. So I asked, and you answered. And...
by Billy Epperhart | Mar 23, 2015 | Business Blogs, Entrepreneurship & The Business Model Canvas
When filling out the Business Model Canvas, the Key Resources section indicates the things you need to deliver your value proposition to your customer segment. For instance, if you own a coffee shop, then coffee is obviously going to be a key resource! However, you...