Revenue Streams highlighted on the canvas
A company must ask itself, for what value is each customer segment truly willing to pay? Successfully answering that question allows the firm to generate one or more revenue stream from each customer segment. A business model can involve two different types of revenues streams: transaction revenues from one-time customer payments and recurring revenue from ongoing payments. There are several ways to generate revenue streams: asset sales, usage fees, subscription fees, lending/rental/leasing, licensing, brokerage fees, and advertising.
In some ways it is important to understand the impact and commerce inside a social enterprise as two separate but symbiotic systems. The commercial business around which a social enterprise is structured needs to operate as such. At the same time, the impact systems needs to be understood in terms of the social value it is generating. We need to be able to honestly and openly assess whether this social value is actually ‘saleable’ - whether our commercial customers, or impact customer will pay for this social value and thereby generate revenue... [continued below]
Revenue streams:
d.light sells solar energy solutions to populations without electricity in 60+ nations. See project description and its Impact BMC
Revenue streams:
Equal Opportunity Schools helps minority and low-income high school students succeed in AP and IB courses. See project description and its Impact BMC
Explore all possible revenue streams with the hypothesis of both a nonprofit and for-profit legal structure. Now is not the time to make decisions about whether to start a nonprofit or a for-profit. The availability of sufficient revenue options will be one of several factors to take into consideration to make that decision.