There are nine main building blocks in the business model canvas template:

1. Key Partners: The strategic relationships your business creates with other companies or people.
2. Key Activities: Activities or tasks that are integral to operating your company.
3. Key Resources: Assets that are required to operate and deliver your company’s value proposition.
4. Value Proposition: The fundamental need that your company is trying to fulfill for its customers. Why your company exists.
5. Customer Relationships: The type of interactions your company has with its customers and the level of support it gives.
6. Channels: Different methods that your company uses to deliver its products and value proposition to customers.
7. Customer Segments: The different groups of customers that your company interacts with.
8. Cost Structure: How a company spends money on operations. The key costs and level of cost focus for your company.
9. Revenue Streams: Your company’s sources of cash flows.

When you start setting up a business, the first thing you should consider is a business plan. You must need a proper business plan to have a business bank account. Even venture capitalists, angel investors, and bankers will ask for a Business Plan if you are looking for investment.

StartupKit gives you a central hub to organize all your business planning work. When all information is in one place, executing ideas becomes far easier.

Founders/ teams can discuss the product/project. It’s very helpful to know who thinks what so that everyone in the team stays on the same page and it saves huge time and energy

You can add tasks and assign tasks to other users across the same workspace.Tasks have both the table and kanban view. The status can be updated from the status dropdown button from the table. Besides, the status automatically updates when you move the tasks from one board to another

PESTLE Analysis is an extended model of PEST Analysis. A PESTLE analysis studies the key external factors (Political, Economic, Sociological, Technological, Legal, and Environmental) that influence an organization. It can be used in various scenarios and can guide business decision-makers in strategic decision-making.

Porter’s Five Forces Model is a framework for analyzing a company’s competitive environment. The number and power of a company’s:

1. Competitive rivals
2. Potential new market entrants
3. suppliers
4. Customers
5. Substitute products influence a company’s profitability.

The McKinsey 7-S Model is a change framework based on a company’s organizational design. It’s key elements include:

1. Structure
2. Strategy
3. System
4. Shared Values
5. Skill
6. Style
7. Staff

Startups need to study a lot regarding the current economics and market and it’s great for them to take notes when they learn something new. This note system will help your team learn together. If one team member creates a note, the other team member can learn from it.