The best way to set up your business model

Instamojo.com
mojoVerse: The Business Weekly
2 min readMay 8, 2021

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Before your business idea comes to life, you need a business plan! You need to write down your vision, mission — and even your company type and name. A business plan will decide what your company needs to set things up; from funding to office space!

A business plan is not complicated. Sometimes, all you need is a chalkboard and a team of brainstorm troopers! In other cases, you can use mojoVersity — our free e-learning platform built to help small businesses upskill!

A complete course on creating a business plan

This carefully curated business planning course on mojoVersity is crafted by MSMEx — a small business advisory platform that has helped 5000+ Indian businesses with business challenges. The platform curates advice from experts with 1000+ years of cumulative business experience to bring unique solutions for every business.

In this course, you will learn:

  • Why a business model is important and how it can help you
  • What a Business Model Canvas is and how to use it
  • How to take every business aspect into consideration and build a successful, operating model that is ready to be funded
  • Definitions, rules, and other best practices on building a working business model

You can also submit your business model for review from experts at MSMEx to see if your business model is viable, feasible, and desirable! Register here!

Know the basics of a business plan

When it comes to creating a business plan, it’s always best to make a lean strategy — meaning more muscle, less fat — a solid plan that has no frills and is practical in nature.

The lean strategy/ lean startup plan is basically a continuous form of planning, executing, analyzing, and revising which effectively helps improve a business’ strength and weed out the weaknesses.

There are two guides we KNOW can be of help to you —

  1. FREE business plan templates to help you get started
  2. Business plan exclusively for online store or eCommerce store businesses

Set up your dream business today!

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Instamojo.com
mojoVerse: The Business Weekly

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