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Business owners must come up with their own business model template as it contains the plan of the company for making a profit.
Business Model Canvas is a strategic management tool for developing new or documenting existing business.
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The canvas or template of the model can be easily designed on MS Word and Google Docs so that businesses today can easily draw the model for free. The Business Model Canvas is likely to be the most well-known and used business modelling system in the world. Free Download Canvas Business Model Template PPT.
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