(Optional) Compare the business model canvas to a traditional business plan.

Comparison should include identifying

• the components of the business model canvas
• appropriate situations for the use of the business model canvas and of a traditional business plan.

Teacher Resource:

The Business Model Canvas Links to an external site. - Strategyzer

Process/Skill Questions:

• How does the business model canvas compare to a traditional business plan?
• Why would it be beneficial to complete a business model canvas instead of a traditional business plan?