What is a single-page business summary template created by Ash Maurya known as?

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The correct answer is the Lean Canvas, which is a strategic tool designed to help entrepreneurs and business leaders quickly conceptualize and communicate their business ideas. Developed by Ash Maurya, the Lean Canvas is a single-page template that allows users to outline key components of a business model.

It is structured to address critical elements such as the problem the business aims to solve, the unique value proposition, customer segments, channels, revenue streams, cost structure, and key metrics. By concentrating all this information on one page, the Lean Canvas facilitates rapid iteration and adaptation, aligning closely with lean startup principles. This makes it particularly useful for startups and innovative projects, as it encourages lean thinking and efficient use of resources.

Other options refer to various concepts and frameworks but do not specifically denote the single-page summary that the Lean Canvas represents. For instance, a Lean Guide may refer to general best practices, a Lean Framework might imply a broader structure related to lean methodologies, and Lean Strategy could mean a more comprehensive approach to business planning. However, none of these encapsulates the concise, focused nature of the Lean Canvas like the chosen answer does.

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