Business Case Vs Business Model

Intuitively business cases and business models are closely connected.

Business case vs business model. The plan may cover a single product or product line or an organization. Feasibility studies and business case analyses are similar in that they provide information to organizational leaders to enable them to make informed decisions to move forward on a new initiative or to proceed with an existing project. The business model answers the question what is our strategy for making money business case the argument defending the viability of a product.

Konsep yang menyederhanakan suatu konsep bisnis yang digambarkan dalam satu lembar kertas kerja yaitu business model canvas. Cash flow results and major non financial impacts that follow from the action. A business case may contain much the same information but in a much shorter format that can be used for strategy prioritization and internal budget approvals.

A single action or single decision and its alternatives. Business plan case model or canvas. The business model is the mechanism through which the company generates its profit while the business plan is a document presenting the company s strategy and expected financial performance for the years to come.

Here are the reasons why i think the business model canvas is a better fit for existing small business owners rather than a business plan. An organization or the enterprise. Your business case must score high in credibility accuracy and practical value.

Typically it is a plan for a time period of 1 to 3 years. This makes it difficult to compare different business model alternatives and choose the best one. Business model the dynamic mechanics by which the company makes money off a product or service.

A business plan is a detailed description of how you plan to start and grow your business. Besides that little is written on the evaluation of business models at all. A business case is a tool to determine whether the project will be a good investment for the company or not.