Costs: What will it cost?

The Key Resources, Key Partners, and Key Activities together create your Costs to operate the Business Model. What are your fixed costs? What are your variable costs? Is your model cost-driven (built on minimizing costs) or value-driven (focused on value creation)? 

Questions to Ask to Create Costs Hypotheses:

• What are the most essential costs?
• What Key Resources are most expensive? Are they essential? Is there a way to lower costs?
• What Key Activities are most expensive? Are they essential? Is there a way to lower costs?