Business Model Canvas: a tool for defining Business Models (part 2)

Business Model Canvas: a tool for defining Business Models (part 2)

In my last post, I introduced the tool called Business Model Canvas created by Alexander Osterwalder and Yves Pigneur and I also explained how this tool might help entrepreneurs and businessmen in the Internet industry to create new business models as they can use it to define

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Business Model Canvas: a tool for defining Business Models (part 1)

Business Model Canvas: a tool for defining Business Models (part 1)

Some years ago before the Internet, business models where very simple. Typically these models where based on products and services that where paid by a buyer. However Internet and technology changed the reality and today we can find new and innovative business models that transformed markets and

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My take on Financial Plans, their Importance and Validity

My take on Financial Plans, their Importance and Validity

It’s very difficult to imagine a modern enterprise or an upcoming business to work without some type of financial planning. This is a very important tool that allows managers and investors to control the money invested and future income. And don’t get me wrong; I think this

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Strategy and Tactics: Differences and Relationships

Strategy and Tactics: Differences and Relationships

The word strategy was first used in the military world and was used 500 years BC by Sun Tzu in The Art of War. This word was introduced to the business world with the beginning of the industrial revolution, however its massive used started about 100 years

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