That is to say: should I have a business plan?

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Difference: model and business plan
Many people associate the plan with the business model. It is important to understand that these two processes are different!

A business plan is a fully detailed document that serves to understand the viability of your business, through market, economic and procedural analysis. This is the document that, for example, must be delivered to an investor, when appropriate.

As for the business model, it is the process prior to a business plan. It will help you observe all the stages that should be included in your business plan, but in a less detailed, more practical and visual way.


Yeah!

The difference is that the business plan structures “what” you do in the most detailed way possible. australia mobile database Costs, income, processes, structure, etc.

They are long and structured, they take time to be developed and they are also the result of your work; ultimately, no detail of your business can be left out.

And the business model is the mapping of “how” you do it: how you generate revenue, how you generate value for the customer, the way you work on your deliverables and how all those stages relate. These are quick and easy to understand.