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Fill out another section for the business of your business model canvas:Key Partnerships. Just write down what you would actually write down for your business, in a way that your team will understand.

Key Partnerships

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Forming strong partnerships with your ecosystem is a great tool to help in expanding your reach and making sure that your business is delivering its promise to clients.

Some essential partnerships in business include:

  1. Alliancesthese are entities that can complement your offerings or your reach to your clients – these can include joint ventures or general partnership agreement
  2. Suppliersare essential in providing you non-core business elements that allow you to focus on your core areas of strength

Continuous evaluation of the available partnership options is essential to stay abreast of the latest developments.

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