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what is the relationship between the business plan and the business model?

QUESTION 7 10. ... help focus your energ Obstacles Constraints Challenges Crises
QUESTION 47 to esta concretor processo is an early sample or model Experiment Testing Designing
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Answer #1

The basic relationship between business plan and business model is that the business model is a part of business plan.

Business plan is a broader concept which visualise the whole business includes the whole planning of a particular business where as business model focus on operational elements. Business model works on logics and is a element of the business plan.

  • CONSTRAINTS helps focus your energy.
  • EXPERIMENT is an early sample or model build to test a concept.

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