There are all kinds of tools for business management, and the Canvas methodology is one of the best. In this post we review the differences between Lean Canvas vs Business Model Canvas : discover what they are and which option to choose for your business or company.
What is Business Model Canvas
How the canvas model is made
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The Business Model Canvas , as we have already seen, is a strategic tool that helps to visualize and define all the key aspects of a business model. It is made up of nine blocks that cover everything from customer segmentation to revenue streams and distribution channels.
This model is widely used by established companies to optimize their business model.
What is Lean Canvas
The Lean Canvas is an adaptation of the Business Model bosnia and herzegovina phone number lead Canvas designed specifically for startups and innovative projects . This tool builds an easier and more problem-solution-focused Canvas. It also has nine blocks , which are quite similar in some cases to the Business Model Canvas.
Lean Canvas vs Business Model Canvas: What are the differences?
As you may have seen , both Canvas models are similar , but there is a big difference: the Lean Canvas is designed for startups and businesses in their early stages that want to validate their ideas and projects quickly.
The Business Model Canvas , on the other hand, is aimed at more established companies that are looking for a more in-depth and structured analysis of their activity. Hence, the content of the blocks is different.
To help you understand it better, the Lean Canvas model focuses more on key problems, solutions and metrics, reflecting a "build-measure-learn" approach, while the Business Model Canvas takes a much broader approach that takes into account all kinds of factors, such as relationships with customers and partners (which would not make sense in a new business or a startup in its embryonic phase).
Lean Canvas vs Business Model Canvas: Which One Should You Use?
Canvas model
If your business is in an early stage and you need to quickly validate your ideas, the Lean Canvas is the best option , the same for an innovative project that tends to pivot. This agile methodology is perfect for this type of project.
But if you have an established company looking to optimize its business model or explore new opportunities in the market, the Business Model Canvas is the best option to develop long-term strategies and have a more detailed analysis of the market.
At MASMOVIL NEGOCIOS we hope to have helped you with this Lean Canvas vs Business Model Canvas comparison so that you know which is the best option for your business.
Lean Canvas vs Business Model Canvas: Which Option Should You Choose?
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