What is the Difference Between a Business Plan and a Business Model?

added blog Business

2024-12-18 16:44:40 -

This question often comes up as people try to clarify the distinction between two critical elements of business strategy: the business plan and the business model. While both are essential for launching, running, and growing a business, they serve different purposes and provide different insights into the operations and future direction of a company. Understanding the difference between these...

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