2.3 Designing the financial viability area
Now that you have explored the blocks of the financial viability area of the sustainable business model canvas, you can apply this knowledge to Use Case 2 – Drone Spraying.
Activity 5
Allow approximately 15 minutes.
Using Use Case 2 on Drone Spraying, match the examples given below to the related financial viability area in the business model canvas template.
Discussion
Table 4 Completed financial viability area block
| Cost structure | Revenue streams |
|---|---|
| R&D expenditure: high initial and ongoing costs | Subscription services: for software and data analysis tools |
| Manufacturing costs: production of drones | Leasing programmes: for drones and equipment |
| Marketing and sales: broad outreach programmes | Training services: for farmers and agricultural workers |
| Operational expenses: staff maintenance and updates | Consultancy fees: providing expert advice and customised solutions |
| Compliance and certification costs: meeting regulatory standards | Contract based on extension and complexity of the service: area covered and time required |
| Chemical products |
OpenLearn - Developing business ideas for drone technologies
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