The Muscatine County Extension and Outreach Office, 1601 Plaza Place, Muscatine, is hosting a free workshop, Business Model Canvas 101, at noon on Oct. 9.
The Business Model Canvas is a strategic management tool created by entrepreneurs for entrepreneurs. It is a simplified, visual, open source tool, which is user-friendly, hands-on, and a step-by-step guide. At its most basic level it is a canvas divided into nine individual rectangles representing the building blocks of all small business and non-profit. The nine building blocks are: Customer Segments, Value Propositions, Channels, Customer Relationships, Revenue Streams, Key Resources, Key Activities, Key Partnerships and Cost Structure.
On the Business Model Canvas, an entrepreneur will organize, analyze, adjust and implement premises on a feasible business concept. The nine building blocks will guide a person on the pathway to understanding how their business concept will create value for value in return.
This tool is applied by entrepreneurs, small business, large corporations and non-profits. Once you engage the tool, you may be enticed to continue utilizing it on all different business ideas or management projects.
For more information contact Victor Oyervides, 319-321-9623 or oyervide@iastate.edu. Or visit extension.iastate.edu.
To register call the Muscatine County Extension and Outreach Office at 563-263-5701 or email Kristar@iastate.edu.
