Partners in the Business Model Canvas and SWOT
Dear all, I am new here and I really need help.
I have recently started my company and I drew and prepared my Business Model Canvas with the 9 blocks.
My question is really difficult:
What is the relation between SWOT analysis and Business Model Canvas?
You see, in my real life case, my company signed an agreement with another company (it's name is XR). XR will provide me with all the raw materials to produce my products. So I've put this company (XR) in the KEY PARTNER Block of the Business Model canvas.
If I now want to do a small evaluation of my company in terms of Strengths and Weaknesses for the company, can I now say I have a Strength in my company because I signed an agreement with with this partner XR?