High School

examples of business model canvas that can be started with Kshs 250000

Answer :

Final answer:

The Business Model Canvas can help to develop various businesses like an online retail business, consulting agency, and agricultural ventures within a budget of Kshs 250000. However, the structure and operation of each business will differ.

Explanation:

The Business Model Canvas is a strategic tool for developing new businesses or documenting and improving existing ones. With Kshs 250000, you can make investments for developing various types of small businesses. For instance:

  1. Online Retail Business: Allocate resources for the website, inventory, and marketing.
  2. Consulting Agency: Use the funds for setup costs, obtaining necessary certifications, and marketing.
  3. Agricultural ventures: Investment in farming, beekeeping, or poultry can be profitable businesses.

Note that, in each of these examples, the key elements of the Business Model Canvas such as Key Partners, Key Activities, Value Propositions, Customer Relationships, Customer Segments, Key Resources, Channels, Cost Structure, and Revenue Streams will vary.

Learn more about Business Model Canvas here:

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