While the business plan includes an overview of the business' marketing strategies, it generally does not include the additional strategies that are needed to achieve overall success. Whereas a business plan could be for new businesses and entrepreneurs who are startups.
Whereas a business plan is used to assess the viability of a business opportunity, and is more tactical in nature. This is especially important because your potential investors and partners will use these documents to help gauge their decisions about your business.
The two plans cover different time frames as well. A strategy can surprise, impress, and put you on track to becoming a competitive powerhouse.
The business model identifies how the business generates its income. The two plans cover different timeframes as well. This plan only shows how your small business makes money. The business model does not address the software or computers needed to complete the service, nor does it address how the customers are obtained or retained.
The meanings of the words are quite similar; a method for achieving an end.