Lean Canvas
Overwhelmed with a business plan? Lean Canvas is a better tool to start ideating and ensuring the viability of your business idea. Then, if you need a business plan, for lending or other functions, you can take your notes from your Canvas and more easily create a business plan with ease.
Lean Canvas is a 1-page business plan template created by Ash Maurya that helps you deconstruct your idea into its key assumptions. It is adapted from Alex Osterwalder's Business Model Canvas and optimized for Lean Startups. It replaces elaborate business plans with a single page business model. You can learn more here: www.leanstack.com
Benefits of the Lean Canvas:
Fast
Compared to writing a business plan which can take several weeks or months, you can outline multiple possible business models on a canvas in one afternoon.
Portable
A single page business model is much easier to share with others which means it will be read by more people and also more frequently updated.
Concise
Lean Canvas forces you to distill the essence of your product. You have 30 seconds to grab the attention of an investor over a metaphorical elevator ride, and 8 seconds to grab the attention of a customer on your landing page.
See the example below and in the yellow box, the order in which to complete the canvas. Download your own blank canvas using the button below.
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