Business Model Generation: 8 Free Tools in 2024

Abhik Shome

Founder and Editor-in-chief
The Starting Idea

Have a spur of the moment business idea? A lightbulb moment? Do not let it hang around in your head and disappear into nothingness.

Use these 8 completely free business model generation tools in 2024 to write your idea, list the assumptions, draw the funnels and share it with your team members.

Free Business Model Generation Tools

Quickly create a business plan with all its assumptions and criteria with this free tool by Ash Maurya.

The Lean Canvas is based on Alexander Osterwalder’s Business Model Canvas, so you know it’s bound to be good.

2. Awwapp

In a hurry?

Draw a quick business plan on this free whiteboard tool.

Map out your funnels and traffic strategies with this free tool.

Another free alternative to Funnelytics.

Test your idea based on 3 goals:

a) identify customer needs,

b) validate new products,

c) reach product market/fit.

6. Germ

Turn your ideas into project plans.

7. Skitch

Convey your ideas effectively with annotations, shapes, and sketches.

Express ideas through animation.

Abhik Shome

Abhik helps entrepreneurs shorten their path to online growth with conversion marketing. He is a leading conversion marketing expert and online marketing thought leader. As CEO of Brand Bridge Solutions, an online marketing agency, Abhik's content has been featured in mainstream media outlets like Inc Magazine, Business Insider, Inc ASEAN, YourStory, and Influencive among others. Abhik is the Founder of The Starting Idea, a business growth magazine focused on giving fast-paced actionable marketing strategies to the modern day entrepreneur. He is also the founder of Product Know, an exclusive library of business software and resources. He has recently authored the book The Growth Toolbox covering 210+ tools to grow every aspect of a modern day business. Get it for FREE here. His blogs and articles have been shared and appreciated by top industry experts including Larry Kim, Founder of Wordstream & Mobile Monkey.