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Business Model

This document was generated using AI assistance

Content may include inaccuracies, outdated information, or technical errors. Users are advised to cross-check critical information before implementation.

The notation describes how an organization is built: its market and customers, goals, capabilities and assets, revenue and costs, plans, hypotheses and indicators.

A business model diagram: a problem, a customer, a value proposition and a solution

Create the model and pick a canvas​

Create a model Ledgerly of the type Business Model. Rename its first diagram to Lean Canvas and set Viewpoint to Lean Canvas in the form of the diagram.

The viewpoint narrows the palette to the element types of that canvas. Clear it, and the whole language is available.

Problem and solution​

Create from the palette:

  • Problem Freelancers lose hours on manual invoicing;
  • Customer Independent freelancers and an Association named suffers from from the customer to the problem;
  • Value Proposition An invoice sent in under a minute and an Influence to the problem;
  • Solution Automated invoice generation and an Association to the value proposition.

Resources of the solution​

Create Capability Payment reconciliation, Technology Bank data ingestion and Intellectual Property Reconciliation ruleset. Nest them inside the solution and draw Composition from the solution to each.

Add the financial part: Channel Web app, Revenue Stream Monthly subscription and Cost Component Hosting and payment fees. Draw Flow from the customer to the revenue stream and Usage from the customer to the channel.

An indicator​

Create a Metric Monthly recurring revenue with Unit EUR. Then create a Metric Value and set: Metric - the metric just created, Value 40, Scale kilo, Type Actual, Scenario Base, and the date the value holds for.

This node needs no name: the label Monthly recurring revenue: 40 kilo EUR is computed from the values.

Hypotheses​

Create a second diagram Validation without a viewpoint - every element type is available on it. Place:

  • Hypothesis Freelancers will pay 12 EUR a month, Status Testing;
  • Experiment Pricing landing page, Result 9% sign-up rate;
  • Evidence Landing page analytics with a Link filled in;
  • Risk Dependency on a single payment provider;
  • Assumption Freelancers invoice at least twice a month.

Draw Association from the hypothesis to the experiment and from the experiment to the evidence, and Dependency from the risk to the hypothesis.

Drag Independent freelancers and Monthly subscription onto this diagram from the model explorer - the relationship between them comes with them.

A third diagram​

Both diagrams work with one set of elements. Add a third diagram with the viewpoint Business Model Canvas and drag the customer, the value proposition, the channel, the revenue stream and the cost component onto it.