Map a business

Choose a business you know well, such as a place where you've worked or shopped, or your own business idea. Then work through the steps.

Your steps

7 steps

1. Write one sentence describing the problem the business solves.
2. Fill in all nine blocks of the Business Model Canvas. A sticky note for each block works well.
3. List three fixed costs and three variable costs.
4. Estimate one month of revenue and total costs.
5. Calculate the profit and the profit margin.
6. Decide which business structure suits it best and why.
7. Write down one change that could improve its profit.