Business Opportunity : Ku Anis Cake & Bakery / Nik Nurnina Anis Alya Nik Man

For the second assignment of Fundamentals Of Entrepreneurship (ENT300), it is about
how Ku Anis Cake & Bakery developing the new innovation in their product that can be sell
to their beloved customers. In addition, the reasons why the bakery do the innovation because
they want to create new product and being able to compete with the other competitors. They
also want to attract the customers to buy their product. The new innovation of Ku Anis Cake
& Bakery’s product is Topsy Turvy Cake.
So, the content of this report is about the business model canvas. Business model canvas
(BMC) or as known as business opportunity has nine building blocks which are customer
segment, value proposition, channel, customer relationship, revenue streams, key activities,
key resources, key partners and the last one is cost structures. Basically, this BMC is preparing
with the certain reasons as a guideline for the business operations. This is important because
they want to ensure all the activities run smoothly.
The main reason of the BMC is to provide direction of the business’s future
development such as how the business is taking, the goals of this business, where it wants to
be and so on. Next, to distribute business resources more effectively and allocate effectively to
avoid unnecessary wastage elements in all aspects of the business is also one of the reason of
BMC. Last but not least, as a guideline for business’s operation in terms of goals, objectives
target markets and so on.