Key resources

What resources are essential to your business's success?

What resources are essential to your business's success? 

  • Key resources could be infrastructure, employees, Funding, distribution channels, or production processes, to name a few.
  •  Your company can own key resources, lease them from a third party, or borrow from critical partners. 

Every business requires key resources. Manufacturing companies need expensive buildings and equipment while Consulting companies require primarily human resources. 


Essential resources can be divided into four basic categories.

physical: this would include buildings, machines, property, vehicles, and raw materials

human: the people that you need to run and grow your business successfully

Financial: Loans, investments, or Lines of credit. This can also include stock options for early hires.

Intellectual: this includes protectable intellectual property (IP) and human knowledge.


What resources do your distribution channels require?


What resources are required to maintain your customer relationships?


What resources are required for you to continually deliver your value proposition?


What resources are required to drive your revenue streams?

Up next

Key activities

What are the most important things your company needs to do to succeed?

Course content

Idea to business model
Idea to business model
Business Model Overview
Business Model Overview
Prototyping your business model
Prototyping your business model
Target Market and Customer Segments
Target Market and Customer Segments
Value proposition
Value proposition
Channels
Channels
Customer relationships
Customer relationships
Revenue streams
Revenue streams
Key resources
Key resources
Key activities
Key activities
Key partners
Key partners
Cost structure
Cost structure
Navigating Your Environment
Navigating Your Environment
Proving your business model
Proving your business model
What's next?
What's next?

Key resources

What resources are essential to your business's success?

What resources are essential to your business's success? 

  • Key resources could be infrastructure, employees, Funding, distribution channels, or production processes, to name a few.
  •  Your company can own key resources, lease them from a third party, or borrow from critical partners. 

Every business requires key resources. Manufacturing companies need expensive buildings and equipment while Consulting companies require primarily human resources. 


Essential resources can be divided into four basic categories.

physical: this would include buildings, machines, property, vehicles, and raw materials

human: the people that you need to run and grow your business successfully

Financial: Loans, investments, or Lines of credit. This can also include stock options for early hires.

Intellectual: this includes protectable intellectual property (IP) and human knowledge.


What resources do your distribution channels require?


What resources are required to maintain your customer relationships?


What resources are required for you to continually deliver your value proposition?


What resources are required to drive your revenue streams?

Up next

Key activities

What are the most important things your company needs to do to succeed?

Course content

Idea to business model
Idea to business model
Business Model Overview
Business Model Overview
Prototyping your business model
Prototyping your business model
Target Market and Customer Segments
Target Market and Customer Segments
Value proposition
Value proposition
Channels
Channels
Customer relationships
Customer relationships
Revenue streams
Revenue streams
Key resources
Key resources
Key activities
Key activities
Key partners
Key partners
Cost structure
Cost structure
Navigating Your Environment
Navigating Your Environment
Proving your business model
Proving your business model
What's next?
What's next?