Customer Segments, Value propositions, Revenue Streams, Channels, Customer Relationships, Key Activities, Key Resources, Key Partners, and Cost Structure are the nine essential components of this SMB Business Model Canvas. Your business plan should come before the Business Model Canvas. Although the Business Model Canvas is sometimes referred to as a onepage business plan, it should be used outside of a business plan. However, it should serve as the foundation of your business plan. To get started, you can use EdrawMax online to create this SMB Business Model Canvas diagram.