{"id":401,"date":"2020-12-03T16:17:00","date_gmt":"2020-12-03T10:47:00","guid":{"rendered":"https:\/\/blogrevv.revv.so\/?p=401"},"modified":"2021-11-26T16:31:03","modified_gmt":"2021-11-26T11:01:03","slug":"what-is-a-business-plan-how-is-it-different-from-a-business-proposal","status":"publish","type":"post","link":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/","title":{"rendered":"What Is a Business Plan? How Is it Different from a Business Proposal?"},"content":{"rendered":"\n<p>Whether you are starting afresh or managing an already existing business, there is one activity that\u2019s always constant &#8211; working with documents. The purpose and application of each document play a vital role in the smooth functioning of any business. In this blog, we would like to clear the air around two such documents that are critical to the business process but are often used interchangeably &#8211; a business plan and a business proposal.<\/p>\n\n\n\n<p>Let us start by answering what is a business plan.<\/p>\n\n\n\n<h2>What is a business plan?<\/h2>\n\n\n\n<p>A business plan is a written document that contains details about the operational and financial objectives of a business. It lays out a roadmap of what the company aims to achieve and how it will achieve it.<\/p>\n\n\n\n<p>This document is critical to anyone who is planning to start a new business. It is a guide to success. It provides direction by allowing you to set out milestones to be achieved over the course of time as your business progresses. Different type of business plan is used for different purposes like &#8211;<\/p>\n\n\n\n<ul><li><strong>Startup business plan<\/strong> &#8211; One should list down details of starting a new business as the information about the company, the product or service it offers, projected cost, turnover over a period of time, etc for potential investors.<\/li><li><strong>Internal business plan<\/strong> &#8211; As the name suggests, this document is used to make internal business decisions based on the company\u2019s current state in terms of operational costs and profitability.<\/li><li><strong>Strategic business plan <\/strong>&#8211; This document lays down the foundational view of the company. It provides a high-level view of the company\u2019s goals and lists down possible ways to achieve them.<\/li><li><strong>Feasibility business plan<\/strong> &#8211; A feasibility study helps to answer questions such as who will buy the product or service that your business is offering and whether this venture will be a profitable affair. Basically, how well have you analyzed your target demography and capital requirements.<\/li><li><strong>Operations business plan<\/strong> &#8211; The operations plan outlines the employee\u2019s responsibilities. It is an internal plan that contains information about the company\u2019s operations.<\/li><li><strong>Growth business plan<\/strong> &#8211; This document is drafted for both internal and external purposes. A growth plan for internal purposes will provide a roadmap for employees to adhere to and enable the company\u2019s growth. A growth plan that requires investment will be shared externally to potential investors with relevant details.<\/li><\/ul>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.revv.so\/preview\/templates\/business-plan\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_Plan-1024x538.png\" alt=\"A business plan is drafted to seek investment from potential investors\" class=\"wp-image-404\" srcset=\"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_Plan-1024x538.png 1024w, https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_Plan-300x158.png 300w, https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_Plan-768x403.png 768w, https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_Plan.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>Understanding what is a business plan is the first step but drafting a plan document is the game-changer. Here are some basic components that should always be included when drafting this document &#8211;<\/p>\n\n\n\n<ul><li>Executive summary<\/li><li>Company description<\/li><li>Mission statement<\/li><li>Product\/service offering<\/li><li>Market analysis and strategy<\/li><li>Operations plan<\/li><li>Management and organization description<\/li><li>Financial plan<\/li><li>Conclusion and appendix<\/li><\/ul>\n\n\n\n<p>To give yourself a head start, you can also opt for a <a href=\"https:\/\/www.revv.so\/templates\/t\/business-plan?utm_source=revv_blog&amp;utm_medium=blog&amp;utm_campaign=What+Is+a+Business+Plan%3F+How+Is+it+Different+from+a+Business+Proposal%3F\" target=\"_blank\" rel=\"noreferrer noopener\">business plan template<\/a>. Document management tools like Revv offers other vetted <a href=\"https:\/\/www.revv.so\/templates?utm_source=revv_blog&amp;utm_medium=blog&amp;utm_campaign=What+Is+a+Business+Plan%3F+How+Is+it+Different+from+a+Business+Proposal%3F\" target=\"_blank\" rel=\"noreferrer noopener\">business document templates<\/a> that you can use and edit as per your company\u2019s brand guidelines.<\/p>\n\n\n\n<h2>What is a business proposal?<\/h2>\n\n\n\n<p>A <a href=\"https:\/\/www.revv.so\/proposal-software.html?utm_source=revv_blog&amp;utm_medium=blog&amp;utm_campaign=What+Is+a+Business+Plan%3F+How+Is+it+Different+from+a+Business+Proposal%3F\" target=\"_blank\" rel=\"noreferrer noopener\">business proposal<\/a> document is an offering that bridges the gap between the seller and the prospective client. The document is shared with prospects outlining the details about your product or service offering, and how it will help them solve their issues.<\/p>\n\n\n\n<p>Business proposals mainly are replies to RFPs sent out by prospective clients, looking for the right fit to help them run their business in a more effective manner. It mainly helps you seek out potential clients and convert them to full-time users or customers. In order to convert prospects to clients, one must create a proposal that stands out from the crowd.<\/p>\n\n\n\t\t<div data-elementor-type=\"page\" data-elementor-id=\"652\" class=\"elementor elementor-652\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c701b3c elementor-section-content-top elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c701b3c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-89503dc\" data-id=\"89503dc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ef48438 elementor-widget elementor-widget-image\" data-id=\"ef48438\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img src=\"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/elementor\/thumbs\/Bulb-pg4zc7ff2kcq24xvov0e8y6oejmn338li8sl236ut2.png\" title=\"Bulb\" alt=\"Bulb\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-be347be\" data-id=\"be347be\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f6b1ac2 elementor-widget elementor-widget-text-editor\" data-id=\"f6b1ac2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Want to take the hard work out of drafting proposals? Try <a style=\"color: #ff0078;\" href=\"https:\/\/www.revv.so\/templates\/proposals\" target=\"_blank\" rel=\"noopener\">Revv\u2019s proposal templates<\/a><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.revv.so\/preview\/templates\/business-proposal-sample-pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_Proposal-1024x538.png\" alt=\"Business proposal is drafted to seek clients\" class=\"wp-image-403\" srcset=\"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_Proposal-1024x538.png 1024w, https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_Proposal-300x158.png 300w, https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_Proposal-768x403.png 768w, https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_Proposal.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>Research about your prospects, leverage already existing data from successful deals, use a <a href=\"https:\/\/www.revv.so\/templates\/t\/business-proposal?utm_source=revv_blog&amp;utm_medium=blog&amp;utm_campaign=What+Is+a+Business+Plan%3F+How+Is+it+Different+from+a+Business+Proposal%3F\" target=\"_blank\" rel=\"noreferrer noopener\">business proposal template<\/a> to get a head start, and create a powerful proposal that helps you win deals. Learn <a href=\"https:\/\/www.revv.so\/blog\/how-to-write-a-business-proposal-that-stands-out\/\" target=\"_blank\" rel=\"noreferrer noopener\">how to create business proposals<\/a> that give you a competitive edge over others.<\/p>\n\n\n\n<p>Another name for a business proposal could be a <a href=\"https:\/\/www.revv.so\/preview\/templates\/sales-proposal?utm_source=revv_blog&amp;utm_medium=blog&amp;utm_campaign=What+Is+a+Business+Plan%3F+How+Is+it+Different+from+a+Business+Proposal%3F\" target=\"_blank\" rel=\"noreferrer noopener\">sales proposal<\/a>. Usually, a business proposal is a generic document that can be used by freelancers, solopreneurs, etc., and often goes beyond a sales team purview.<\/p>\n\n\n\n<h2>Difference between a business plan and a business proposal &#8211; summarized<\/h2>\n\n\n\n<p>Now it\u2019s time to address the elephant in the room &#8211; the differentiating factor between a business plan and a business proposal.<\/p>\n\n\n\n<p>A business plan document enlists the factual details of running a business (its operations and finances) whereas a business proposal document is an offering from the seller to a prospective client, convincing them to use their product or services.<\/p>\n\n\n\n<p>Below is a table highlighting the major differences between these two important documents &#8211;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>BASIS<\/strong><\/td><td><strong>BUSINESS PLAN<\/strong><\/td><td><strong>BUSINESS PROPOSAL<\/strong><\/td><\/tr><tr><td><strong>Meaning<\/strong><\/td><td>A business plan document details the vision of the business, how to set it up, the process of realizing the vision, and the financials required to achieve it.<\/td><td>A business proposal mainly consists of unsolicited ideas that are offered to potential clients. The scope for this document is limited to a particular project.<\/td><\/tr><tr><td><strong>Purpose<\/strong> <\/td><td>The main purpose of a business plan is to seek investment from potential investors. The more explicit a plan, the higher the chances of raising funds and ensuring confidence among stakeholders of your business.<\/td><td>The purpose of a <a href=\"https:\/\/www.revv.so\/blog\/commercial-proposal-that-wins-deals-download-proposal-template\/\" target=\"_blank\" rel=\"noreferrer noopener\">business proposal<\/a> is to convince the potential client to choose your business offerings in comparison to the other competitors.<\/td><\/tr><tr><td><strong>Used by<\/strong><\/td><td>This document is referred to by both internal and external parties (i.e, founders and employees and potential investors, respectively) of an organization.<\/td><td>This document is prepared mainly for the target prospect to whom your business is offering the service or product.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>It is important to be mindful of what document you choose to create. Clarity of thought can do wonders especially when running a business and choosing the right document for the right purposes.<\/p>\n\n\n\n<h2>Wrapping it up<\/h2>\n\n\n\n<p>Documents like a business plan and proposals are the cornerstones of any business. Whether you are <a href=\"https:\/\/www.thestartupinc.com\/blog\/how-to-start-a-startup\/\" target=\"_blank\" rel=\"noreferrer noopener\">starting a new business<\/a> or running an existing one, it is important to know what these documents are used for, what is their purpose, who uses them, and at what stage of the business.<\/p>\n\n\n\n<p>Business plan document and business proposal document has always remained in the grey area with people constantly interchanging their names. Such confusions around these documents need to be clarified to ensure a frictionless business process with ease of document use and understanding.<\/p>\n\n\n\t\t<div data-elementor-type=\"page\" data-elementor-id=\"652\" class=\"elementor elementor-652\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c701b3c elementor-section-content-top elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c701b3c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-89503dc\" data-id=\"89503dc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ef48438 elementor-widget elementor-widget-image\" data-id=\"ef48438\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img src=\"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/elementor\/thumbs\/Bulb-pg4zc7ff2kcq24xvov0e8y6oejmn338li8sl236ut2.png\" title=\"Bulb\" alt=\"Bulb\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-be347be\" data-id=\"be347be\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f6b1ac2 elementor-widget elementor-widget-text-editor\" data-id=\"f6b1ac2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Want to take the hard work out of drafting proposals? Try <a style=\"color: #ff0078;\" href=\"https:\/\/www.revv.so\/templates\/proposals\" target=\"_blank\" rel=\"noopener\">Revv\u2019s proposal templates<\/a><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Documents run your business, so it is critical to know that you are using it correctly. This blog brings clarity about business plan and proposal document that businesses use very often.<\/p>\n","protected":false},"author":5,"featured_media":402,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[13],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is a business plan? How is it different from a business proposal?<\/title>\n<meta name=\"description\" content=\"A business plan and business proposal are often confused with one another. Read here to know about the two documents and its purpose.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is a business plan? How is it different from a business proposal?\" \/>\n<meta property=\"og:description\" content=\"A business plan and business proposal are often confused with one another. Read here to know about the two documents and its purpose.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/\" \/>\n<meta property=\"og:site_name\" content=\"Revv Blog\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-03T10:47:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-26T11:01:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_plan_business_proposal_4.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Diksha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.revv.so\/blog\/#organization\",\"name\":\"Revv\",\"url\":\"https:\/\/www.revv.so\/blog\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.revv.so\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/blogrevv.revv.so\/wp-content\/uploads\/2020\/10\/Revv-Logo.png\",\"contentUrl\":\"https:\/\/blogrevv.revv.so\/wp-content\/uploads\/2020\/10\/Revv-Logo.png\",\"width\":2212,\"height\":539,\"caption\":\"Revv\"},\"image\":{\"@id\":\"https:\/\/www.revv.so\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.revv.so\/blog\/#website\",\"url\":\"https:\/\/www.revv.so\/blog\/\",\"name\":\"Revv Blog\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.revv.so\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.revv.so\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_plan_business_proposal_4.png\",\"contentUrl\":\"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_plan_business_proposal_4.png\",\"width\":1200,\"height\":480,\"caption\":\"Create business plans and proposals using Revv templates\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#webpage\",\"url\":\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/\",\"name\":\"What is a business plan? How is it different from a business proposal?\",\"isPartOf\":{\"@id\":\"https:\/\/www.revv.so\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#primaryimage\"},\"datePublished\":\"2020-12-03T10:47:00+00:00\",\"dateModified\":\"2021-11-26T11:01:03+00:00\",\"description\":\"A business plan and business proposal are often confused with one another. Read here to know about the two documents and its purpose.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.revv.so\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What Is a Business Plan? How Is it Different from a Business Proposal?\"}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#webpage\"},\"author\":{\"@id\":\"https:\/\/www.revv.so\/blog\/#\/schema\/person\/920495c3c238b2375de43843296573d8\"},\"headline\":\"What Is a Business Plan? How Is it Different from a Business Proposal?\",\"datePublished\":\"2020-12-03T10:47:00+00:00\",\"dateModified\":\"2021-11-26T11:01:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#webpage\"},\"wordCount\":1069,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.revv.so\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_plan_business_proposal_4.png\",\"articleSection\":[\"Proposals\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#respond\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.revv.so\/blog\/#\/schema\/person\/920495c3c238b2375de43843296573d8\",\"name\":\"Diksha\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.revv.so\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/10\/10347161_10202990495736276_9210619004067017389_n-150x150.jpg\",\"contentUrl\":\"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/10\/10347161_10202990495736276_9210619004067017389_n-150x150.jpg\",\"caption\":\"Diksha\"},\"description\":\"Diksha is a Product Expert at Revv. She works with the creative marketing team to come up with new and exciting content for you. When not working, she can be found engrossed in the world of fiction novels while foot-tapping to Coldplay's tunes.\",\"url\":\"https:\/\/www.revv.so\/blog\/author\/diksha\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is a business plan? How is it different from a business proposal?","description":"A business plan and business proposal are often confused with one another. Read here to know about the two documents and its purpose.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/","og_locale":"en_US","og_type":"article","og_title":"What is a business plan? How is it different from a business proposal?","og_description":"A business plan and business proposal are often confused with one another. Read here to know about the two documents and its purpose.","og_url":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/","og_site_name":"Revv Blog","article_published_time":"2020-12-03T10:47:00+00:00","article_modified_time":"2021-11-26T11:01:03+00:00","og_image":[{"width":1200,"height":480,"url":"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_plan_business_proposal_4.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Diksha","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/www.revv.so\/blog\/#organization","name":"Revv","url":"https:\/\/www.revv.so\/blog\/","sameAs":[],"logo":{"@type":"ImageObject","@id":"https:\/\/www.revv.so\/blog\/#logo","inLanguage":"en-US","url":"https:\/\/blogrevv.revv.so\/wp-content\/uploads\/2020\/10\/Revv-Logo.png","contentUrl":"https:\/\/blogrevv.revv.so\/wp-content\/uploads\/2020\/10\/Revv-Logo.png","width":2212,"height":539,"caption":"Revv"},"image":{"@id":"https:\/\/www.revv.so\/blog\/#logo"}},{"@type":"WebSite","@id":"https:\/\/www.revv.so\/blog\/#website","url":"https:\/\/www.revv.so\/blog\/","name":"Revv Blog","description":"","publisher":{"@id":"https:\/\/www.revv.so\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.revv.so\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#primaryimage","inLanguage":"en-US","url":"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_plan_business_proposal_4.png","contentUrl":"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_plan_business_proposal_4.png","width":1200,"height":480,"caption":"Create business plans and proposals using Revv templates"},{"@type":"WebPage","@id":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#webpage","url":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/","name":"What is a business plan? How is it different from a business proposal?","isPartOf":{"@id":"https:\/\/www.revv.so\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#primaryimage"},"datePublished":"2020-12-03T10:47:00+00:00","dateModified":"2021-11-26T11:01:03+00:00","description":"A business plan and business proposal are often confused with one another. Read here to know about the two documents and its purpose.","breadcrumb":{"@id":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.revv.so\/blog\/"},{"@type":"ListItem","position":2,"name":"What Is a Business Plan? How Is it Different from a Business Proposal?"}]},{"@type":"Article","@id":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#article","isPartOf":{"@id":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#webpage"},"author":{"@id":"https:\/\/www.revv.so\/blog\/#\/schema\/person\/920495c3c238b2375de43843296573d8"},"headline":"What Is a Business Plan? How Is it Different from a Business Proposal?","datePublished":"2020-12-03T10:47:00+00:00","dateModified":"2021-11-26T11:01:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#webpage"},"wordCount":1069,"commentCount":0,"publisher":{"@id":"https:\/\/www.revv.so\/blog\/#organization"},"image":{"@id":"https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#primaryimage"},"thumbnailUrl":"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/12\/Business_plan_business_proposal_4.png","articleSection":["Proposals"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.revv.so\/blog\/what-is-a-business-plan-how-is-it-different-from-a-business-proposal\/#respond"]}]},{"@type":"Person","@id":"https:\/\/www.revv.so\/blog\/#\/schema\/person\/920495c3c238b2375de43843296573d8","name":"Diksha","image":{"@type":"ImageObject","@id":"https:\/\/www.revv.so\/blog\/#personlogo","inLanguage":"en-US","url":"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/10\/10347161_10202990495736276_9210619004067017389_n-150x150.jpg","contentUrl":"https:\/\/www.revv.so\/blog\/wp-content\/uploads\/2020\/10\/10347161_10202990495736276_9210619004067017389_n-150x150.jpg","caption":"Diksha"},"description":"Diksha is a Product Expert at Revv. She works with the creative marketing team to come up with new and exciting content for you. When not working, she can be found engrossed in the world of fiction novels while foot-tapping to Coldplay's tunes.","url":"https:\/\/www.revv.so\/blog\/author\/diksha\/"}]}},"_links":{"self":[{"href":"https:\/\/www.revv.so\/blog\/wp-json\/wp\/v2\/posts\/401"}],"collection":[{"href":"https:\/\/www.revv.so\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.revv.so\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.revv.so\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.revv.so\/blog\/wp-json\/wp\/v2\/comments?post=401"}],"version-history":[{"count":0,"href":"https:\/\/www.revv.so\/blog\/wp-json\/wp\/v2\/posts\/401\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.revv.so\/blog\/wp-json\/wp\/v2\/media\/402"}],"wp:attachment":[{"href":"https:\/\/www.revv.so\/blog\/wp-json\/wp\/v2\/media?parent=401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.revv.so\/blog\/wp-json\/wp\/v2\/categories?post=401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.revv.so\/blog\/wp-json\/wp\/v2\/tags?post=401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}