Business Model Canvas
What is it
A 1 page template to help you flesh out an idea quicker and cleaner, and assess how viable it is (likelihood to meet your objectives) and feasibility (how realistic it is to deliver). Using this canvas will lead to insights about the customers you serve, what value propositions are offered through what channels, and how you makes income and / or impact..
When to use it
When you want to quickly build out your idea in more detail.
Read more - Business Model Canvas by Board of Innovation