Driving home from one of Startup Grind Lagos’s meetup we had a discussion with one of the participating entrepreneurs which evolved into an interesting argument and now, an Afropreneur topic: Business Model Canvas vs Business Plan. Why do we need business plans? Why not stick with a Business Model Canvas (BMC)? When should Business plans be drafted? Who needs to see the business plan? So what is the difference between a BMC and a Business Plan? The difference is the level of detail! A business plan can reach up......