Case 5

Watch the video: https://youtu.be/IP0cUBWTgpY

Fill out another section for the business of your business model canvas: Key Partnerships. Just write down what you would actually write down for your business, in a way that your team will understand.

Key Partnerships

Forming strong partnerships with your ecosystem is a great tool to help in expanding your reach and making sure that your business is delivering its promise to clients.

Some essential partnerships in business include:

1. Alliances these are entities that can complement your offerings or your reach to your clients – these can include joint ventures or general partnership agreement
2. Suppliers are essential in providing you non-core business elements that allow you to focus on your core areas of strength

Continuous evaluation of the available partnership options is essential to stay abreast of the latest developments.