Understanding Product Market Fit

Business model is one of the most essential elements to develop while initiating your startup. With the help of a business model canvas, the task becomes relatively easier and reduces the chances of overlooking an important segment. 

Atul Sachdeva, co-founder of Appsmartz and a member of Chandigarh Angels Network, elaborates upon the 9 elements in a business model canvas that are integral in understanding a startup’s plan of action, including key partners, activities, resources, value proposition, customer relations, channels, customer segment, cost structure and revenue streams

This canvas can be an important tool for entrepreneurs to plan properly as well as for investors to get a comprehensive overview of a startup before they invest in them. 

This article was published in Times of India. Access it here.