Concept and Application of Entrepreneurship Business Canvas Abstract

2017 ◽  
Vol 7 (2) ◽  
pp. 23-43 ◽  
Author(s):  
Fernando Almeida
Keyword(s):  
Financial Analysis ◽  
Business Plan ◽  
Building Blocks ◽  
Value Proposition ◽  
Strategic Positioning ◽  
Model Framework ◽  
Executive Summary ◽  
Marketing Analysis ◽  
Product Presentation ◽  
Maintenance Process

The executive summary is a fundamental element of a business plan, being essential to present it in a concise, practical and objective manner. This article presents an innovative approach of building an executive summary that facilitates its creation and maintenance process. For this purpose, a canvas model framework consisting of five building blocks is proposed, respectively: product presentation, value proposition, marketing analysis, strategic positioning, and financial analysis. This framework was adopted and validated in the context of an entrepreneurship classroom. The findings indicate that three benefits stand out, namely the offer of a more focus tool, clear and concise and fast to build. The perception of these benefits is greater for students with previous experience as entrepreneurs, being independent to the origin course of students and their professional experience.

ANALISIS KELAYAKAN BISNIS SYARIAH PADA USAHA MIKRO TEMPE

2019 ◽  
Vol 4 (1) ◽  
Author(s):  
Heni Sukmawati ◽  
Fatimah Zahra Nasution
Keyword(s):  
Financial Management ◽  
Financial Analysis ◽  
Business Plan ◽  
Survey Method ◽  
Small Scale ◽  
Valid Data ◽  
Marketing Analysis ◽  
Business Condition ◽  
The Cost ◽  
Food Consumed

Tempe industry is one of potential micro enterprises operating in Indonesia. Tempe isa well-known substitution food consumed by many people in the country. Thus tempeproduction has an important role in meeting the demand for Tempe in the domestic market in Indonesia. Practically in many areas, Tempe production is operated in a small scale due to lack of resources. This promising business is feasible to be developed into a higher scale. The feasibility study is an in-depth assessment in analyzing either a running business or a proposed business plan. The purpose of this study is to define a business condition with a statement that a business is feasible or not as per consideration in various analyzed aspects. In-depth assessment means that one enterprise will be studied comprehensively according to data and information, measured and examined with certain methods. One important aspect is marketing which will look at how large the market share of the business, how capable the business to attain the proportion of the market sharudie, relatively compare with the competitors, what strategies will be conducted in obtaining the expected results for the business. Financial analysis will assess the capability of a business in attaining revenue and minimizing the cost. By doing this analysis, the duration of payback period of an investment will be calculated precisely. The assessment includes financial records and cash flow report. Research method used in this study is descriptive both quantitative and qualitative using survey method and indepth interview. The research designed to capture the real condition regarding the analyzedobject based on valid data and factual circumstances. The collected data then analyzed and processed with the basic theory used in this research. This research was conducted in Tempe production center located on Jalan Ampera Tasikmalaya City. Based on the result from financial analysis, it can be stated that the business is feasible. Based on the result on sharia marketing analysis, it is found that the business is operated accordingly to sharia principles. However, the interview section found some problems regarding the financial management and marketing strategy which needed to be resolutely improved. The research results are expected to be considered as evaluation issue for the improvement and development of Tempe industry in Tasikmalaya City and eventually give some contribution for the economic growth in Tasikmalaya City.

scholarly journals Analyzing AgriFood-Tech e-Business Models

2021 ◽  
Vol 13 (10) ◽  
pp. 5516
Author(s):  
Maro Vlachopoulou ◽  
Christos Ziakis ◽  
Kostas Vergidis ◽  
Michael Madas
Keyword(s):  
Business Models ◽  
Relevant Literature ◽  
Building Blocks ◽  
Distribution Channels ◽  
Digital Environment ◽  
Value Proposition ◽  
Business Model Canvas ◽  
Logistics Services ◽  
Different Types ◽  
Online Searches

The agribusiness sector shows tremendous growth and sustainability prospects by exploiting the challenges of “AgriFood-Tech” business models in the digital environment, by encouraging innovation, accelerating institutional and structural change, enhancing productivity, and introducing new products and services to the market. The purpose of this study is to investigate different types of “AgriFood-Tech” digital models and analyze their role in the agribusiness and AgriFood sector. Based on relevant literature research, the authors present and discuss five indicative examples of “AgriFood-Tech” models, using the Business Model Canvas (BMC) framework. The methodology included the analysis of the components of innovative AgriFood innovative business models paradigms, such as distribution channels, key partnerships, customer selection and relationships, financial viability, and value proposition. The goal was to explore their building blocks and the required decisions that create, deliver, and capture value. Our findings highlight the importance of specific features of the models, including online sharing of information between the stakeholders, online searches of agri-products, and logistics services in the agribusiness sector.

scholarly journals Developing Pavement Marking Management Systems: A Theoretical Model Framework Based on the Experiences of the US Transportation Agencies

2021 ◽  
Vol 6 (2) ◽  
pp. 18
Author(s):  
Alireza Sassani ◽  
Omar Smadi ◽  
Neal Hawkins
Keyword(s):  
Asset Management ◽  
Management Practices ◽  
Relevant Literature ◽  
Building Blocks ◽  
Management Systems ◽  
Model Framework ◽  
Pavement Markings ◽  
The Us ◽  
Pavement Marking ◽  
Transportation Agencies

Pavement markings are essential elements of transportation infrastructure with critical impacts on safety and mobility. They provide road users with the necessary information to adjust driving behavior or make calculated decisions about commuting. The visibility of pavement markings for drivers can be the boundary between a safe trip and a disastrous accident. Consequently, transportation agencies at the local or national levels allocate sizeable budgets to upkeep the pavement markings under their jurisdiction. Infrastructure asset management systems (IAMS) are often biased toward high-capital-cost assets such as pavements and bridges, not providing structured asset management (AM) plans for low-cost assets such as pavement markings. However, recent advances in transportation asset management (TAM) have promoted an integrated approach involving the pavement marking management system (PMMS). A PMMS brings all data items and processes under a comprehensive AM plan and enables managing pavement markings more efficiently. Pavement marking operations depend on location, conditions, and AM policies, highly diversifying the pavement marking management practices among agencies and making it difficult to create a holistic image of the system. Most of the available resources for pavement marking management focus on practices instead of strategies. Therefore, there is a lack of comprehensive guidelines and model frameworks for developing PMMS. This study utilizes the existing body of knowledge to build a guideline for developing and implementing PMMS. First, by adapting the core AM concepts to pavement marking management, a model framework for PMMS is created, and the building blocks and elements of the framework are introduced. Then, the caveats and practical points in PMMS implementation are discussed based on the US transportation agencies’ experiences and the relevant literature. This guideline is aspired to facilitate PMMS development for the agencies and pave the way for future pavement marking management tools and databases.

Developing a Business Plan

2017 ◽  
pp. 117-132
Author(s):  
Jesse Fairchild
Keyword(s):  
Real World ◽  
Private Practice ◽  
Mission Statement ◽  
Business Plan ◽  
Building Blocks ◽  
Marketing Plan ◽  
Private Practitioners ◽  
Financial Plan ◽  
Operational Plan ◽  
Valuable Role

To be successful, private practitioners must take a thoughtful approach to establishing and running their business. This chapter explains the valuable role that a well-thought-out business plan can play in a private practice. It outlines the elements of a business plan for a private practice and explains how thoughtful consideration of each can affect the viability and success of the business. The author discusses the importance of setting goals and using one’s guiding principles, vision statement, and mission statement when preparing all aspects of the business plan. This chapter reviews the basics of a business plan, including a marketing plan, an operational plan, and a financial plan, and provides real-world examples for developing each of these organizational building blocks.

A Gaussian Process-Based Crack Pattern Modeling Approach for Battery Anode Materials Design

2020 ◽  
Vol 18 (1) ◽  
Author(s):  
Zhuoyuan Zheng ◽  
Bo Chen ◽  
Yanwen Xu ◽  
Nathan Fritz ◽  
Yashraj Gurumukhi ◽  
...  
Keyword(s):  
Gaussian Process ◽  
Surrogate Model ◽  
Lithium Ion ◽  
Building Blocks ◽  
Electrochemical Process ◽  
Fe Model ◽  
Model Framework ◽  
Major Drawback ◽  
Cracking Behavior ◽  
Si Anode

Abstract Silicon-based anodes are one of the promising candidates for the next generation high-power/energy density lithium ion batteries (LIBs). However, a major drawback limiting the practical application of the Si anode is that Si experiences a significant volume change during lithiation/delithiation, which induces high stresses causing degradation and pulverization of the anode. This study focuses on crack initiation within a Si anode during the delithiation process. A multi-physics-based finite element (FE) model is built to simulate the electrochemical process and crack generation during delithiation. On top of that, a Gaussian process (GP)-based surrogate model is developed to assist the exploration of the crack patterns within the anode design space. It is found that the thickness of the Si coating layer, TSi, the yield strength of the Si material, σFc, the cohesive strength between Si and the substrate, σFs, and the curvature of the substrate, ρ, have large impacts on the cracking behavior of Si. This coupled FE simulation-GP surrogate model framework is also applicable to other types of LIB electrodes and provides fundamental insights as building blocks to investigate more complex internal geometries.

scholarly journals PrimaVera: Synergising Predictive Maintenance

2020 ◽  
Vol 10 (23) ◽  
pp. 8348
Author(s):  
Bram Ton ◽  
Rob Basten ◽  
John Bolte ◽  
Jan Braaksma ◽  
Alessandro Di Bucchianico ◽  
...  
Keyword(s):  
Asset Management ◽  
Process Model ◽  
Building Blocks ◽  
Predictive Maintenance ◽  
Full Potential ◽  
Support Tools ◽  
Maintenance Cycle ◽  
Optimal Maintenance ◽  
Organisational Factors ◽  
Maintenance Process

The full potential of predictive maintenance has not yet been utilised. Current solutions focus on individual steps of the predictive maintenance cycle and only work for very specific settings. The overarching challenge of predictive maintenance is to leverage these individual building blocks to obtain a framework that supports optimal maintenance and asset management. The PrimaVera project has identified four obstacles to tackle in order to utilise predictive maintenance at its full potential: lack of orchestration and automation of the predictive maintenance workflow, inaccurate or incomplete data and the role of human and organisational factors in data-driven decision support tools. Furthermore, an intuitive generic applicable predictive maintenance process model is presented in this paper to provide a structured way of deploying predictive maintenance solutions.

scholarly journals Microsimulation

2021 ◽  
pp. 845-864
Author(s):  
Mark Birkin
Keyword(s):  
Financial Analysis ◽  
Building Blocks ◽  
Urban Environments ◽  
Supply Side ◽  
Small Areas ◽  
Individual Level ◽  
Stable Conditions ◽  
Sample Data ◽  
Population Structures ◽  
The Individual

AbstractFrom origins in economics and financial analysis, microsimulation has become an important technique for spatial analysis. The method relies on conversion of aggregate census tables, sometimes complemented by sample data at the individual level, to synthetic lists of people and households. The individual records generated by the microsimulation can be aggregated flexibly to small areas, linked to create new attributes, and projected forward in time under stable conditions, or in the context of ‘what-if’ policy scenarios. The chapter outlines the basic building blocks of microsimulation and shows how these are combined within a representative practical application. It is argued that further progress can be expected through advances in computation, assimilation of data into models, and greater capacity to handle uncertainty and dynamics. We also expect the creation of more sophisticated architectures to reflect the interdependence between population structures at the micro-scale, and the supply-side infrastructures and urban environments in which they evolve.

scholarly journals THC Yield and Greenhouse Cover Materials: Optimizing the Profit of Medical Cannabis

2021 ◽  
Vol 78 (2) ◽  
pp. 107
Author(s):  
Maria KOUSOYLA ◽  
Stella BRAKATSOULA ◽  
Christina NIKAKI ◽  
Dimitrios BILALIS ◽  
Alexandros TATARIDAS ◽  
...  
Keyword(s):  
Economic Analysis ◽  
Cannabis Sativa ◽  
Financial Analysis ◽  
Business Plan ◽  
Economic Viability ◽  
Psychoactive Substance ◽  
Medical Cannabis ◽  
Business Opportunities ◽  
New Business ◽  
Therapeutic Properties

Even though Delta-9-tetrahydrocannabinol (THC) is a psychoactive substance, studies indicate that it has therapeutic properties. Moreover, the modification in Greece legislation regarding the legalization of cannabis has resulted in new business opportunities for medical-cannabis related companies. This study aimed to evaluate whether different greenhouse cover materials affect THC yield and propose a business plan for any potential medical-cannabis related company in Greece. A greenhouse experiment was conducted in order to evaluate the effect of different plastic cover films in greenhouses for the cultivation of Cannabis sativa. Furthermore, the economic viability of a potential medical-cannabis related business in Greece was evaluated based upon a financial analysis. Yields were increased in greenhouses with double plastic cover materials (compared to the control). According to the results of our comparative economic analysis the production of medical cannabis in greenhouses constructed with double layered cover materials would significantly increase profits. Finally, greenhouse medical-cannabis production is much promising in Greece. Nevertheless, the use of appropriate greenhouse cover materials should be considered as they affect THC yield and therefore, the profit of the company.

Regionalism as a Building Block for Multilateralism

2011 ◽  
Vol 11 (1) ◽  
pp. 1850217 ◽  
Author(s):  
Bernhard Herz ◽  
Marco Wagner
Keyword(s):  
Trade Liberalization ◽  
Building Blocks ◽  
Trade Agreements ◽  
Regional Trade Agreements ◽  
Impulse Response Functions ◽  
Model Framework ◽  
Regional Trade ◽  
Data Set ◽  
Multilateral Trade ◽  
Multilateral Trade Liberalization

The well-known question whether regional trade agreements (RTAs) and the multilateral trading system (MTS) are “strangers, friends, or foes” (Bhagwati and Panagariya, 1996) has gained new importance with the widespread proliferation of RTAs in recent years. Based on an extensive data set which covers most of world trade over the past 60 years and about 240 regional trade agreements, we analyze the relationship between RTAs and the MTS by combining the gravity model framework with vector auto-regression analysis. Impulse-response-functions robustly suggest that multilateral trade liberalization responds in a significantly positive way to regional trade liberalization. We also find robust evidence that RTA liberalization Granger-causes GATT/WTO liberalization. Thus, our results indicate that RTAs do not undermine the MTS but serve as building blocks to multilateral trade liberalization.

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