Developing A Business Model Canvas | Entrepreneurship Workshop | Week 3

​Dive into the practical foundations of running a business—understanding their business model, managing money, and making financial projections.

​Participants will:

• ​Break down their business idea using the 9 building blocks of the Business Model Canvas:

  1. ​Customer Segments

  2. ​Customer Relationships

  3. ​Channels

  4. ​Value Proposition

  5. ​Key Activities

  6. ​Key Partners

  7. ​Key Resources

  8. ​Revenue Streams

  9. ​Cost Structure

• ​Learn basic bookkeeping using a simple Excel template to track:

  • ​Revenue

  • ​Expenses

  • ​Profit

  • ​Cash flow

• ​Understand unit economics and how to calculate the cost of producing and delivering their product or service.

• ​Begin working on financial projections, helping them forecast income and expenses as they build their business.

​Hands-on Class Activities Include:

• ​Recording mock sales and expenses

• ​Practicing with a cash ledger

• ​Breaking down the costs and pricing of their product or service

• ​Filling out their business model canvas

​By the end of this session, students will have a stronger grasp of financial literacy, cost structures, and how to strategically shape and sustain their business.