Week 11: Intro to Business Models

  1. Business model: Business Model Canvas
  2. Further refine your Value Propositions – determine what your VP is, and craft it so that it is stated in a succinct, clear, compelling manner. Be ready to present, as a team, a 60-90 second statement of your value and purpose as an entity in class next week.
    1. For the communities of color in the Lehigh Valley who lack access to healthcare services or have been disproportionately affected due to the global pandemic, our goal is to help them overcome the many barriers to healthcare, including: transportation, language/communication, reliable internet access, etc. Our report on healthcare barriers in the Lehigh Valley will articulate the barriers which our target customers, the POC’s in the Allentown/Bethlehem area, experience and address them based on the data we collect from media, academic research, and community interviews in order for us to provide recommendations to local government and health networks for improving the health literacy of these communities. 
  3. Initial financial model / income statement – 
    1. Assumptions – revenues and costs
      1. We have no costs for this project
    2. Revenue streams
      1. Not making any sales or selling anything, thus no revenues
    3. Cost structures 
      1. No good being sold or overhead costs associated with our project or commissions made from our work
    4. Income statement 
Criteria Amount
Assumptions $0
Revenue Streams $0
Cost Structures $0
Total $0

 

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