Analysis of Passel Company's Business Canvas Model

Running head: BUSINESS MANAGEMENT
Business Management
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BUSINESS MANAGEMENT
Executive Summary
The report has thrown light on the overall analysis of the business canvas model of Passel
Company situated in Australian economy. The different kinds of interrelationship between
the nine building blocks had been identified that has helped the company in gaining
competitive advantage along with there was a proper analysis which was conducted related to
the issues faced by the company. Lastly, the recommended changes have been analyzed that
has helped in improving the business operations. The different recommendations which have
been identified are as follows:
 Proper security and the training are required to be provided to the employees working
in the organization which will be beneficial in improving the overall effectiveness of
the operations
 Moreover, there should be inclusion of the trustworthiness among employees and the
customers which will be beneficial for the overall success of the company

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BUSINESS MANAGEMENT
Table of Contents
I. Introduction.............................................................................................................................3
II. Business model......................................................................................................................4
A. Building blocks.................................................................................................................4
1. Customer segments........................................................................................................4
2. Key partners...................................................................................................................4
3. Value proposition...........................................................................................................5
4. Key activities..................................................................................................................5
5. Channels.........................................................................................................................5
6. Revenue streams.............................................................................................................5
7. Cost structure.................................................................................................................6
8. Key resources.................................................................................................................6
9. Customer relationships...................................................................................................6
B. Interrelationships...............................................................................................................6
C. Critical success factors......................................................................................................7
D. Downside risks..................................................................................................................8
E. Business model changes....................................................................................................8
III. Conclusion............................................................................................................................9
IV. Recommendations................................................................................................................9
References................................................................................................................................10
Appendix 1- Table 1- Business Model Canvas of Passel........................................................13
Appendix 2- Table 2- Financial Aspects of Passel..................................................................14

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BUSINESS MANAGEMENT
I. Introduction
Passel is one of the world’s largest crowdsourced online delivery option which was
launched in the year 2017. The founder of the company is Marshall Hughes who had quit his
job to make the dream turn into reality. Passel is one of the largest and genuinely
crowdsourced home delivery company which provides speedy delivery of the different
products which are being purchased by the customers from the different organizations
(Passel.com.au, 2019). The respective company is already looked by Silicon Valley wherein
they plan to tackle the delivery of more than 300000 items in Australia and it is one of the
largest freight companies in the Australian market. In the respective company, they try to
deliver the different products to the customers within three hours which is the maximum time
limit. The different benefits which are offered by Passel is inclusive of that the different
retailers will be gaining additional sales revenue along with customers receive much better
level of service and gain competitive advantage.
Figure 1: Process Applied by Passel for Delivery of Goods