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once upon a time business advisors recommended that anyone starting a business write a formal business plan these lengthy documents could take weeks if not months to create nowadays most entrepreneurs dont bother creating such a plan for two reasons number one they dont have the time and number two theyre moving so fast that by the time a plan is written down its already obsolete a smarter approach is to develop a lean business model canvas this strategic document includes all the elements you need to construct a business model but in a single page now if youre creating a social enterprise heres a note for you the general thinking behind the lean business model canvas should apply to your situation but you might also want to check out the impact business model canvas designed by stanford university youll find templates for both these canvases in this module the lean business model canvas comprises nine parts which divide into two halves on the left of the canvas we find all the