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A business should update its canvas whenever there is a significant change in any aspect of the business model, such as customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, or cost structure. However, it's a good practice to review and update the business canvas at least once a year, even if there are no significant changes, to keep it relevant and aligned with the current market trends.
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Your business model can make or break your company. But lengthy business plans often increase the risk of failure. Document the core essence of your strategies and develop new ideas with our . Get results you want with some of the most commonly used canvases, such as business model, lean business, strategy sketch, value proposition, and product management.
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Document the essence of your business strategies and develop new ideas with our Canvas Collection. This deck includes some of the most commonly used c...
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