BUS 435 Small Business Ventures FINAL PAPER

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BusinessModelCanvas-FINAL.pdf
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Solution

Key Resources

Key Activities

Market Profile

Value Proposition

Key Channels

Customer Profile

Key Suppliers Profit/Cost Structure Revenue Streams

Business Model Canvas Designed by: Date: Revision:

  1. Designed by: Kevin Sessions
  2. Date: 10/27/2022
  3. Revision: A
  4. Revenue Streams: Professional Services via cash or credit/debit card(s).
  5. Solution: More equipment allows for more revenue but increases investment. The option to lease the equipment will provide reliability and removal of maintenance requirements and a fixed equipment cost.
  6. Key Resources: With the additional equipment, the human capital is not adversely effected until the fixed rental or seasonality of the market provides the control to avoid over-staffing.
  7. Value Proposition: The most prevalent job is refuse/waste removal from a residential property. Customer Value: Removes the need to acquire equipment. Business Value: Revenue generated by daily rental. Social Value: Expendable income.
  8. Key Activities: Acquisition of five or more trailers provides the opportunity to acquire at a lower cost per asset; however, it requires additional capital to purchase.
  9. Key Suppliers: In my local area, there is no assumption of future affiliation or patronage. Suppliers: Trailer Manufacturers, Tow Vehicle(s), and Office Supplies.
  10. ProfitCost Structure: Pricing structure: Equipment type and rental days. Cost structure: Mainly direct likened to car rental entities. Margin model: $50-$250 per transaction.
  11. Key Channels: The critical channel is marketing, to make potential customers aware of the services they could purchase.
  12. Market Profile: Niche market with the option of general laborers to assist the customer (as required). The market competition is sole proprietor single trailer rentals. Advertising could be a challenge.
  13. Customer Profile: The most important customer is the long-term rental agreements such as general contractors; however, the value is also realized in the typical homeowner.
  14. Icon: