: entrepreneurship

Key Partners

  • Talented staff who can create the desired items with the specifications and precisions required.
  • Highly qualified designers for creating alarms compatible with various jewelleries
  • Information technology specialists who can ensure prompt functioning of the alarm on the slightest touch thereby signalling attention for help of the endangered woman without alerting the perpetrator.

Key Activities

  • Identification of the physical resources to be used in this business model. For example; raw materials required for producing the self-defence jewellery.
  • Establishment of a physical space where the company will be operating from as well as a warehouse for storage.
  • Pooling together resources to acquire enough capital for operating and managing the business.
  • Getting patents and copyrights for the business brands to avoid unauthorised sale or distribution.

Key Channels

  • Establish a reliable supply chain with the suppliers and retailers
  • Reduce expenses by sharing the costs with intermediaries in the supply chain
  • Identify a strategic location for ease of obtaining raw materials and distributing the finished products

 

Franceschelli, M. V., Santoro, G., & Candelo, E. (2018). Business model innovation for sustainability: a food start-up case study. British Food Journal.

Onken, M., & Campeau, D. (2016). Lean startups: Using the business model canvas. Journal of Case Studies, 34(1), 95.

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