Create Your Business Plan in Minutes

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15,000+ clients

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Business Plans Generated

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Countries Supported

Plannit AI

How it Works

Step 1

Start With Your Idea

Craft Your Vision: Jumpstart your business journey with a brief description of your business. Acknowledge your business type and let us seamlessly transform it into a meticulously structured plan.

Step 1

Series Of Guided Questions

Easily navigate through each section with Plannit's step-by-step guidance. Enter your own detailed solutions or leverage with AI-generated content and receive helpful prompts and ideas along the way. Plannit's AI capabilities provide insightful and precise content for market analysis, financial projections, marketing strategies, sales plan and more.

Step 1

Collaborate With Your Partners

Bring your team over! PlannitAI provides a dedicated space where you can invite team members to view, shape and refine your online business plan. With or without the help of our AI model You can reword, rephrase, prolong and shorten sections to your liking. Collaborate in real-time to ensure your business strategy benefits from diverse insights and expertise, leading to a well-rounded and robust plan.

Step 1

Present With Confidence

With a polished, expertly crafted plan in hand, You have already won half the battle. Confidently present business strategy to investors, stakeholders, or financial institutions.ć Start your journey with Plannit AI and transform your vision into a reality, creating a pathway for that entrepreneur life.

Try Plannit AI Today

Who can benefit from plannit.

Entrepreneurs

Aspiring Entrepreneurs

Analyze your ventures through extensive business plans aligned with your vision and goals.

Owners

Business Owners

Back your business with a solid plan that aligns with your objectives. Perfect for small businesses.

Students

Educational Institutions

Develop your business understanding and vocabulary by analyzing your business idea and creating a plan.

Startups

Startups Accelerators

Work alongside your founders as they build their plan to ensure they have a solid roadmap for scalability.

Funding Ready Business Plan

Executive summary, company overview.

Problem Statement

Business Description

Mission Statement

Business Model

Products and Services

Additional Features

Revenue Model

Market Analysis

Target Market

Market Size and Segments

Unique Value Proposition

Risks and Mitigations

Identified Risks

Mitigation Strategies

Financial Overview

Income Statement

Marketing and Sales Plan

Focus On Your Vision

Language support.

USA

Key Features & Benefits

Ai editing companion.

Modify and regenerate sections of your business plan using premade or custom prompts. Our AI will help you refine your plan to perfection.

Multi-User Collaboration

Invite team members with easy sharing to collaborate on your business plan in real-time. Communicate and make changes together. Collaborate with your partners in real-time as you perfect your plan.

Education Center

Immerse yourself in a rich library of articles, tools, templates, webinars and resources for continuous business and professional growth. Learn all about the key aspects of starting, running and growing a business.

Powered by Chat GPT

Our algorithms are powered the latest in AI technology to ensure the most accurate and relevant output. We use OpenAI's GPT 4o and 4o-mini engines for the perfect blend of accuracy and speed.

Business Resources

We recommend a variety of useful tools and resurces that help sustain your growth. We only recommend the best in the business. Filter your needs and equip yourself with the best tools.

Your plan in your language. We offer a choice of over 150 worldwide languages to ensure the best fit for your business plan.

Financial Projections

Take an additional questionnaire about your financial trajectory and get a detailed financial projection + 3 year income statement for your business.

Tools and Templates

Plannit's comprehensive suite that accompany business planning. From pitch decks to financial models, we have you covered.

Plan Export

Download your business plan in an editable .docx format. Fully edit & share your plan with investors, partners, and stakeholders.

Plannit Business Ecosystem

Business Resources

Frequently Asked Questions (FAQ)

  • Initiate with Your Business Concept: Lay the Groundwork: Start by introducing your business idea into Plannit AI's Business Plan Generator. This first step is crucial, as it sets the tone for a tailored, insightful business plan that truly resonates with your vision. Capture the Essence: Our platform is designed to grasp the nuances of your concept, ensuring that the generated plan accurately reflects the core and potential of your business.
  • Navigate Through the AI-Guided Questionnaire: Tailored Interactive Experience: Plannit AI’s AI-guided questionnaire is your interactive guide through the planning process. It meticulously gathers information about your business's objectives, strategies, and market positioning, ensuring a comprehensive and reflective plan. Intelligent Feedback and Suggestions: As you progress through the questionnaire, benefit from smart prompts and suggestions, ensuring that your plan is not just detailed but also strategically sound and aligned with industry standards.
  • Generate Your Plan with Advanced AI: Intuitive Plan Creation: With the questionnaire complete, Plannit AI's advanced algorithms intelligently analyze your responses. They then craft a detailed, customizable, and strategically aligned business plan, providing you with a structured, coherent, and actionable format. Benefit from AI-Powered Insights: Plannit AI offers AI-driven insights and suggestions, ensuring your plan is not just a document but a strategic tool equipped with tailored AI prompts and an in-app plan editor. Get inspired by browsing through our sample business plans, a collection of successful strategies across various industries.
  • Finalize Your Plan with Confidence: Dynamic Adaptation and Refinement: Plannit AI recognizes that a business plan is a living document. Our platform allows for continuous adaptation and refinement, ensuring your strategy remains agile, relevant, and aligned with your evolving business goals. Professional Presentation and Sharing: Once your plan meets your standards, utilize Plannit AI's export features to present your plan professionally. Choose between various formats for exporting your business plan, ready to impress stakeholders, attract investors, or guide your team. Review and Adapt: Ensure your business plan is a living document, ready to evolve with your growing business. Plannit AI's dynamic platform allows you to adapt your strategy as new opportunities or challenges arise.
  • Roadmap for Success: At its core, a business plan acts as a strategic guide, providing detailed steps on how your business will achieve its objectives. It helps you navigate the startup phase, manage growth effectively, and tackle unforeseen challenges with a well-thought-out strategy.
  • Securing Funding: For startups and businesses looking to expand, a business plan is crucial for securing loans or attracting investors. It demonstrates to potential financial backers that your business has a clear vision, a solid strategy for profitability, and a plan for delivering returns on their investment.
  • Informed Decision-Making: A well-prepared business plan offers valuable insights into your market, competition, and potential challenges. This information is vital for making informed decisions, from day-to-day operations to long-term strategic shifts.
  • Market Analysis and Strategy: It allows you to conduct an in-depth analysis of your target market, understand customer needs, and position your product or service effectively. The marketing strategy outlined in your business plan helps in identifying the best channels and tactics to reach your audience and achieve market penetration.
  • Financial Planning: One of the most critical components of a business plan is the financial forecast. It outlines your funding requirements, expected revenue, profit margins, and cash flow projections. This section is essential for budgeting, financial management, and ensuring the financial viability of your business.
  • Goal Setting and Performance Measurement: A business plan sets clear, measurable goals and objectives. It provides a framework for monitoring performance, measuring success, and making necessary adjustments to stay on track.
  • Aspiring Entrepreneurs: If you're at the idea stage, looking to transform your vision into a viable business, Plannit AI offers the tools and guidance to bring your concept to life. Our platform helps you articulate your business idea, define your target market, and develop a solid plan to turn your dream into reality.
  • Students and Educators: For students delving into the intricacies of business planning and educators teaching the fundamentals of entrepreneurship, Plannit AI serves as an invaluable resource. It provides a practical, hands-on tool for learning and teaching how to create detailed business plans, analyze markets, and understand financials in a real-world context.
  • Startup Founders: In the dynamic startup environment, Plannit AI is the ideal partner for founders looking to pivot quickly, secure funding, or understand their competitive landscape. With our AI-driven insights and market analysis tools, startups can make informed decisions and adapt their strategies to thrive in competitive markets.
  • Small Business Owners: For small business owners seeking to optimize their operations, expand their customer base, or explore new markets, Plannit AI offers targeted solutions. Our platform simplifies the planning process, enabling owners to focus on growth while managing the day-to-day challenges of running their business.
  • Consultants and Freelancers: Consultants and freelancers specializing in business development, strategic planning, or financial advising will find Plannit AI a powerful addition to their toolkit. It allows them to provide clients with comprehensive, data-driven business plans and strategies, enhancing the value of their services.
  • Non-Profit Organizations: Leaders of non-profit organizations can leverage Plannit AI to plan initiatives, secure funding, and manage resources more efficiently. Our platform helps non-profits articulate their mission, set achievable goals, and measure their impact, ensuring they can make a difference in their communities.
  • Innovators and Inventors: Individuals looking to commercialize innovative products or technologies can use Plannit AI to navigate the complexities of bringing new ideas to market. From patent strategies to go-to-market plans, our platform covers all bases, ensuring innovators can focus on what they do best.
  • Small Business Development Centers (SBDCs) and Government Agencies: Government and SBA backed entities can greatly benefit from integrating Plannit AI into their services, enhancing their ability to support a larger number of clients more efficiently. By facilitating quicker, more in-depth business plan development, these organizations can spend more time assisting with plan execution and less time on creation, ultimately serving their communities more effectively.
  • Anyone with a Business Idea: Ultimately, Plannit AI is for anyone with a business idea, regardless of industry, experience, or stage of business development. Our mission is to democratize business planning, making it accessible, understandable, and actionable for everyone.
  • Interactive Questionnaire and ChatGPT Integration: Plannit AI transforms the business planning process into an engaging conversation. Through our advanced ChatGPT integration, we offer a questionnaire that dynamically adapts to your responses, ensuring your plan is personalized, comprehensive, and aligned with your business goals.
  • Dynamic Planning Environment: Unlike static templates provided by many, Plannit AI introduces a living platform that grows with your business. It features real-time updates, strategic insights, and a feedback mechanism that keeps your business plan current and actionable.
  • Extensive Educational Resources: Our Education Center is packed with articles, guides, and sample plans to bolster your planning process. It's designed to arm you with the knowledge to navigate the complexities of your industry confidently.
  • Enhanced Collaboration and Customization: Recognizing the collaborative essence of business planning, Plannit AI supports team efforts with multi-user editing, annotations, and feedback features, ensuring a comprehensive approach to your strategy.
  • Customer Success Stories: Our users' achievements are a testament to Plannit AI's effectiveness. These success stories illustrate how diverse businesses have utilized our platform for strategic planning and growth.
  • Tailored Business Plan Creation: Our platform stands out with its tailored approach, featuring customizable templates that directly cater to your business type and industry, making plan creation straightforward and relevant.
  • Content Generation:: ChatGPT helps draft various sections of a business plan, from executive summaries to marketing strategies, by providing structured and coherent text based on the prompts given.
  • Strategic Insights: It can offer suggestions on business strategies by analyzing trends and providing examples from a wide range of industries.
  • Financial Planning: While it can't replace professional financial advice, ChatGPT can guide the structure of financial projections and statements, helping you consider important financial aspects of your plan.

Privacy & Security

Rest assured, we never share your data with third parties. Your privacy is our top priority, and we're committed to keeping your information safe and confidential.

Take The First Step Towards Success

AI that writes a business plan for you.

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Get your AI-generated business plan

Just answer a couple of questions about your business, and we'll generate a comprehensive business plan for you.

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Business Plan

Comprehensive business plan

Your AI business consultant

Use Chat to ask questions about your business, and create any kind of content you can imagine.

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Create Content

Create any kind of content

Instantly generate everything - blog posts, social media posts, sales copy, and more - all in your tone and with your business in mind.

"As someone who was always daunted by the idea of drafting a business plan, Venturekit was a game-changer. The process was intuitive, and the generated plans exceeded all my expectations."

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"The scalability and consistency of Venturekit's business plans have streamlined our expansion strategies. It's impressive how tailored and detailed each plan is, despite being AI-generated."

business plan con ai

Frequently asked questions

AI Business Plan Generator

Get your professional business plan ready in minutes.

Your business plan is just a click away. Answer a few questions, and our AI business plan generator will craft a detailed business plan tailored just for you in minutes.

Join over 1000+ Entrepreneurs & business owners​

Why bizplanr is the best business plan generator, ai assistance - a way to save time., it's free - say no to costly business plan writers, it works for any industry, get your business plan ready in 3 simple steps, start with simple questions.

Start by answering a few simple, context-aware questions about your business & idea. Our AI uses your responses to tailor the planning process uniquely to your business needs.

AI Crafts Your Plan

As you provide details, our AI constructs a comprehensive business plan that integrates all necessary components, such as market analysis and financial projections.

Review, Download, and Share

Once your plan is ready, review it for any final changes. Once you're finished, easily share your professionally-designed business plan with stakeholders and investors.

business-plan-ready-in-3-min

Explore How Bizplanr Meets Various Business Planning Needs

Secure your funding.

Use our AI to develop a persuasive business plan tailored for banks, investors, or grants. Ensure that your plan stands out by clearly describing your financial needs and potential.

Launch Your Startup

Create a detailed business plan covering all operations and marketing aspects for startup success. Our tool helps you map out each step, from conception to market entry.

Validate Your Business Idea

Evaluate the viability of your business concept with a solid business plan. By assessing the feasibility, our plan helps you confirm your idea's marketability.

Academic Planning Assistant

Our free tool streamlines students' project work, provides detailed business plans for assignments and presentations and ensures comprehensive learning.

Business Plan Examples & Templates

Need some references? Check out some of our professionally generated business plan samples

Read more about Bookstore Business Plan

Bookstore Business Plan

Read more about Yoga Studio Business Plan

Yoga Studio Business Plan

Read more about Pool Hall Business Plan

Pool Hall Business Plan

What our users have to say.

Don’t just take our word for it; read why thousands of our users love Bizplanr.

Astrid M

It was challenging for me to create a business plan for my café until I discovered Bizplanr. The process is fast and cost-effective compared with other solutions available on the market. It was like having a mentor guiding me through every step. I’d surely recommend it to others.

Javier R

Co-founder of Innovatech

Using Bizplanr made creating our business plan much easier. The financial projection tools are simple and quick, helping us focus on what we do best—innovate. Highly recommended for any tech startup looking to streamline their planning process.

Dr. Marcus J. Thompson

Dr. Marcus J. Thompson

Clinic Director

When we were setting up our new clinic, Bizplanr made the business planning side much easier. Creating a business plan felt like a breeze; I created my first plan in just a few hours.

Anjali S

Nonprofit Director

Our nonprofit often struggled with the complexities of planning and funding. Bizplanr provided a straightforward method to create a detailed plan, helping us focus more on our mission rather than getting stuck in paperwork.

Ethan W

E-commerce Entrepreneur

Switching to Bizplanr was a smart decision. Our previous software lacked many modern, AI-powered features, and the interface was confusing. Now, I’ve got all the features I need, not to mention at a reasonable cost.

Tanya J

Business Consultant

As a consultant, it's important to provide clients with clear and practical business plans. Bizplanr helps me create these plans quickly, offering straightforward strategies and reliable financial outlooks.

Frequently asked questions

Is the Bizplanr 100% free?

Do I need to pay to download my business plan?

How should I edit my business plan?

How much time will it take to create a business plan?

Get an Investor-ready business plan for free

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Table Of Contents

business plan con ai

In today's fast-paced business world, having a well-crafted business plan is essential for securing funding, guiding decision-making, and charting a course for success. However, creating a comprehensive and persuasive business plan can be a daunting task, especially for entrepreneurs and small business owners who may not have extensive experience in this area. Fortunately, the rise of AI tools has improved the creative process, making it more accessible, efficient, and effective than ever before.

We will explore the top AI business plan generators that can help you create a winning plan for your venture.

1. Upmetrics

How to Write a Business Plan? | Business Plan Tutorial | Step by Step Guide

Upmetrics is an AI-powered business plan tool that guides individuals and small businesses through the process of writing a top-notch business plan. With its user-friendly platform and step-by-step guidance, Upmetrics makes it easy for anyone to create a professional-quality plan, regardless of their level of business expertise.

The tool offers a wide range of features, including 400+ business plan samples, AI-assisted writing, and financial forecasting up to 7 years. Upmetrics also provides an AI-generated pitch deck feature, allowing users to create a compelling presentation in less than an hour. The platform's flexibility and adaptability make it suitable for various industries, from tech startups to retail stores and service businesses.

Key features of Upmetrics:

  • 400+ business plan samples
  • AI-generated business plans (Entirely AI-generated)
  • Financial forecasting up to 7 years
  • AI to create pitch deck in less than an hour
  • Free guides and educational resources
  • Real-time cloud storage
  • Easy collaboration and sharing option

Visit Upmetrics →

Plus AI is an AI-powered tool that specializes in creating professional, well-designed presentations, making it an ideal choice for crafting business plans. The platform integrates seamlessly with Google Slides, allowing users to access built-in editing and collaboration features.

With Plus AI, users can generate a comprehensive business plan outline based on a brief description of their business, which can then be easily edited and rearranged to suit their specific needs. Plus AI offers the flexibility to generate slides one at a time or create an entire presentation in a single step, making it a versatile tool for businesses of all sizes. The platform also provides a free trial, allowing users to explore its features before committing to a paid plan.

Key features of Plus AI:

  • Direct integration with Google Slides for easy editing and collaboration
  • Customizable slides that can be edited, revised, and themed after generating a first draft
  • Slide-by-slide or full presentation generation options
  • Free trial available for users to try Plus AI before committing to a paid plan

Use discount code: UNITEAI10 to claim a 10% discount .

Read Review →

Visit Plus AI →

3. Storydoc

business plan con ai

Storydoc is an AI-powered business plan generator that simplifies the creation of interactive and persuasive business plans, without requiring any design skills. The platform offers a user-friendly interface with a wide selection of interactive slides tailored for startups and new businesses, which can be easily customized to align with the user's vision and requirements.

Storydoc's AI Presentation Designer creates scroll-based, web-friendly, and mobile-optimized presentations, complete with performance analytics. The platform also ensures the security and privacy of user data, adhering to stringent security protocols and industry best practices. With Storydoc, users can create engaging presentations that capture the attention of investors and stakeholders.

Key features of Storydoc:

  • AI Business Plan Presentation Designer for scroll-based, web-friendly, and mobile-optimized presentations
  • Secure and reliable platform that ensures the security and privacy of user data
  • Interactive slides that can be customized to align with the user's presentation vision and requirements
  • Mobile-optimized presentations that look great on any device
  • Integrations with Calendly, Loom, YouTube, Typeform, and more for added functionality

Visit Storydoc →

4. 15minuteplan

business plan con ai

15minuteplan

15minuteplan.ai is an AI-powered generator that streamlines the creation process, allowing entrepreneurs and small to medium-sized enterprises (SMEs) to produce effective documents in just 15 minutes. Designed to make business planning universally accessible, the platform caters to users of all levels of business or writing experience.

With its advanced AI algorithms, 15minuteplan generates comprehensive, up-to-date plans based on the latest market trends and best practices. The platform also features a unique ‘Talk To Plan' functionality, enabling users to dictate specific changes or additions, which are then seamlessly integrated by the AI. Additionally, 15minuteplan supports various languages, making it accessible to users worldwide.

Key features of 15minuteplan:

  • AI Creation based on the latest market trends and business best practices
  • Talk To Plan functionality for easy dictation of changes or additions
  • Multilingual support for 10+ languages, with more being added continuously
  • User-friendly interface for inputting essential business information
  • Downloadable Word document for easy sharing and modification

Visit 15minuteplan →

5. Notion AI

business plan con ai

Notion AI is an AI-powered tool in Notion that simplifies the creation of comprehensive business plans, emphasizing an organized and structured approach to business strategizing. The platform offers a wide range of features designed to streamline the business planning process, including AI-driven content generation, rewriting, shortening, expansion, and tone adjustment.

Notion AI seamlessly integrates with the Notion platform, allowing users to access features such as database creation, organization, and management, as well as collaboration and sharing options. With Notion AI, users can create tailored content that aligns with their business objectives and voice, while significantly reducing their workload in crafting compelling narratives that secure buy-in from investors and stakeholders.

Key features of Notion AI:

  • AI-driven content generation, rewriting, shortening, expansion, and tone adjustment
  • Integration with Notion for database creation, organization, and management
  • Collaboration and sharing features for inviting team members and stakeholders
  • Real-time cloud storage for secure and accessible data
  • Streamlined business planning process for crafting compelling narratives

Visit Notion AI →

6. Beautiful AI

business plan con ai

Beautiful AI

Beautiful AI is an AI-powered presentation software that enables users to create stunning business presentations and plans in no time, without requiring any design skills. With this platform, users simply need to add text, and Beautiful AI will transform the content into elegant presentation slides, eliminating the need for manual image resizing or content placement.

The business plan template can be accessed by logging in, and users will be prompted to fill out a few key details about their business. Beautiful AI offers a wide range of features, including 65+ smart slide templates, custom presentation themes for brand consistency, and hundreds of customizable starter templates, ensuring that users never have to start a presentation or business plan from scratch.

Key features of Beautiful AI:

  • 65+ smart slide templates with pre-designed slide galleries
  • Brand consistency with custom presentation themes
  • Hundreds of customizable starter templates
  • Designerbot for creating first drafts based on user requirements
  • Effortless content transformation into elegant presentation slides

Visit Beautiful AI →

7. Wordkraft AI

business plan con ai

Wordkraft AI is an AI-powered web application that generates optimized, authentic, and high-quality content for various needs. Utilizing the powerful large language model GPT-3.5, Wordkraft AI specializes in creating content tailored to specific requirements, including professional and well-organized business plans. This tool helps users efficiently develop strategic documents that meet their unique business goals.

The platform offers a template that can be used to create a draft by providing essential details about the business. Wordkraft AI's AI capabilities assist users in creating content that aligns with their business objectives and voice, while also supporting collaboration and sharing features. With real-time cloud storage and seamless integration with the Wordkraft platform, Wordkraft AI is a valuable asset for business planning and presentations.

Key features of Wordkraft AI:

  • Integration with Wordkraft for database creation, organization, and management
  • A template for creating drafts by providing essential business details

Visit Wordkraft AI →

Bit AI is an AI-powered platform designed to enhance the creation of interactive and collaborative strategic documents. It features powerful wikis and AI writing tools that help in crafting well-structured and engaging content. With Bit AI, users can produce visually appealing and informative documents that effectively communicate their strategic vision.

The platform supports real-time collaboration, allowing team members to work together seamlessly on documents and incorporate feedback efficiently. Bit AI also ensures that documents are fully responsive, adapting to different devices for optimal accessibility and readability. Moreover, users have the option to create private documents, enhancing data privacy and security.

Key features of Bit AI:

  • Interactive and collaborative business plans for fostering teamwork and creativity
  • AI writer features for crafting clear and coherent content
  • Real-time collaboration for seamless teamwork and feedback integration
  • Fully responsive documents that adapt to different devices
  • Private document sharing for data privacy and security

Visit Bit AI →

9. Simplified

Simplified is an all-in-one AI-powered platform that offers a comprehensive solution for managing marketing efforts and crafting engaging content, along with a unique feature for creating a business plan. The platform's AI Business Plan Generator is designed to assist entrepreneurs and small business owners in rapidly producing professional and detailed strategic documents.

With its advanced AI capabilities, Simplified provides accurate growth forecasts and investment strategies, enabling users to make well-informed decisions for their ventures. The platform offers customization options to ensure that the final output aligns with the user's vision and goals. Additionally, it supports collaboration, allowing team members to contribute effectively to the document. Integrated marketing tools further establish Simplified as a versatile solution for both strategic planning and marketing needs.

Key features of Simplified:

  • Efficient business planning with a professional and comprehensive plan created in just a few clicks
  • Accurate growth forecasts and investment strategies provided by AI capabilities
  • Customization options to align the business plan with the user's vision and goals
  • Collaboration features for working with team members on a comprehensive and accurate plan
  • Integrated marketing tools for a cohesive and effective marketing strategy

Visit Simplified →

Creating the Best Business Plans with AI

The rise of AI-powered business plan generators has changed the way entrepreneurs and small business owners approach the crucial task of planning for their ventures' success. By leveraging the top 10 AI generators discussed in this blog post, users can streamline the creation process, ensure professional-quality plans, and access valuable insights and forecasts.

From Upmetrics' user-friendly platform and step-by-step guidance to Simplified's all-in-one solution for business planning and marketing, these AI-powered tools cater to the diverse needs of businesses across various industries. By harnessing the power of AI, entrepreneurs can save time, effort, and resources while creating compelling and persuasive plans that attract investors and guide their decision-making processes.

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Alex McFarland is an AI journalist and writer exploring the latest developments in artificial intelligence. He has collaborated with numerous AI startups and publications worldwide.

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Professional AI Business Plan Generator & Writer

Write your business plan in minutes, not days.

Skip the frustration of business plan writing—our AI editor streamlines the process, so you can focus on your goals.

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Featured on :

BizPlannerAI - From a blank page to a professional business plan in a few clicks | Product Hunt

Write, generate, and edit

Discover the core functionalities of our service, from intuitive in-browser editing to flexible AI regeneration and convenient export options, all designed to streamline your business plan creation.

Business plan generator editor

AI Business Plan Section Generator

Choose, customize, and instantly generate key sections of your business plan, from "Executive Summary" to "Risk Analysis".

Business plan generator editor

Rewrite Sections using AI

Easily rewrite and paraphrase any section by providing specific details or prompts, such as adding a sentence about desired investments.

Business plan generator editor

In-Browser Editing

Edit and format your business plan directly in your browser with a user-friendly, Notion-like interface.

Business plan generator PDF

Export Options

Conveniently export your completed business plan to PDF or Word formats for easy sharing and presentation.

Table of contents

Your business plan's table of contents.

While writing your business plan, you can generate detailed sections covering everything from your Executive Summary to Financial Projections, providing a complete and insightful overview of your business strategy.

Client testimonials

Join 3400+ happy customers.

Entrepreneurs worldwide have crafted over 3570+ successful business plans using our AI-driven editor.

“What a great program. It really came up with so in-depth information and gives a great starting point. With just a few information inputs and some pictures this will be fantastic business plan. Very easy to use and very quick, it would have taken me hours to write something like this. Excellent!”
“This plan is well articulated, the fact that I can edit it makes BizPlanner to be much better than option, also the customer service interaction is worth an applaud.”
“I've spent many hours building a business plan for a proposal and your product will improve on the existing work. Next time I shall start with your plan and then tailor it to my needs which will save a lot of time!”
“At first, I thought this tool will be just like ChatGPT result. But then, it surprise me. The Information is very complete and almost 100% correct like how exactly my business work. I wonder how this is work considering the information that I provide is very little. The fact that I also can edit it directly through the web is very good. Bizplanner save my money and my time for sure. That would be so cool if there is also pre-template that I can choose for cover of the file, but beside that, I wish I knew this tool earlier.”
“Just used your bizplanner! Nice job! Great tool. Tons of value for $10.”
“This is just perfect.”
“Simplemente espectacular, felicidades.”

Try BizPlanner AI today

Take the first step toward creating a thriving business today

Examples & Templates

Business plan examples

Explore examples created with our AI Business Plan Generator and Writer. These are real outputs from our service, showcasing the depth and personalization achievable for your own plan. Click 'See more business plan templates' for additional examples.

Professional business plan for 10x less than hiring a consultant

Business plans on Fiverr can cost $90 or more . Our offer at just $7.99 delivers great value, making quality business planning affordable.

AI business plan generator pricing

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Frequently asked questions

From the blog.

Introducing the Free Business Name Generator

Introducing the Free Business Name Generator

Choosing a great name is one of the most critical steps when starting a business. A strong, memorable name can make a significant impact, attracting customers and setting the tone for your brand's identity. That's why we've launched our Free Business Name Generator at BizPlanner AI, making it easier than ever to find the perfect name for your business.

New Bulk Purchase Feature: Save on Multiple Business Plans

New Bulk Purchase Feature: Save on Multiple Business Plans

We're excited to introduce a new feature at BizPlanner AI designed specifically for business consultants and entrepreneurs wanting to validate multiple ideas.

New Features: Manual Save and AI Text Rewrite

New Features: Manual Save and AI Text Rewrite

At Bizplanner AI, we’re always listening to your feedback and looking for ways to improve our AI business plan generator. This month, we’re excited to announce two new features designed to enhance your user experience and give you more control over your business plans.

New Feature: Add Images to Your Business Plan

New Feature: Add Images to Your Business Plan

Great news for BizPlanner AI users! We've added a new feature that lets you insert images directly into your business plans using our easy-to-use Notion-like editor.

Free AI Business Plan Generator

Creating a detailed business plan can overwhelm you with endless research and complex structuring. With our AI business plan generator, just provide a prompt with your business idea, and effortlessly receive a comprehensive, well-organized plan, streamlining what is traditionally a frustrating process.

Browse through Business Plan Templates

Business Operational Plan Template

How to write a prompt that generate the business plans you want?

Detail Your Business Concept: Clearly describe your business, its offerings, and target market. Include your unique selling proposition and objectives to align the plan with your vision.

Specify Requirements and Structure: Define the essential sections and elements, like market analysis, marketing strategies, and financial projections, ensuring the AI delivers the structure and detail you expect.

Include Contextual Information: Provide context such as industry trends and competitor analysis. This helps the AI create a comprehensive plan that considers external business influences.

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Sample prompts you can modify and use

“sustainable fashion brand business plan: generate a plan for a sustainable fashion brand using eco-friendly materials. outline product lines, ethical production, pricing strategy, market analysis, customer segmentation, and digital marketing aimed at eco-conscious consumers.”, “tech startup business plan: develop a business plan for a tech startup providing ai analytics for healthcare. detail product development, market strategy, partnerships, funding needs, financial projections, and risk analysis focused on regulations and data security.”, “organic food market business plan: craft a plan for an organic food market in a suburban area. discuss sourcing local organic products, customer engagement programs, health-focused marketing, potential customer base, and competitor analysis.”, “mobile app development company business plan: formulate a business plan for a mobile app development company specializing in educational apps for children. detail app portfolio, development timeline, monetization strategies, educational outreach, and market analysis of educational trends and competitors.”, quickly generate professional business plans with ai power.

Unlock rapid, precise business planning with our AI-powered tool. Designed for efficiency, it enables entrepreneurs and business owners to quickly generate professional business plans. Just input your business specifics, and let the AI craft a comprehensive plan that aligns with your goals and attracts investors.

Take action today and transform your business idea into a reality. Our user-friendly AI tool guides you through each step, from market analysis to financial projections, ensuring your business plan is both thorough and tailored. Start now and leverage AI to navigate your path to success with confidence.

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Our AI Business Plan Generator is made for every business type

Whether you’re starting fresh, scaling up, or shaking things up in a large company, our AI business plan generator adjusts to your specific needs. Just enter your business information and let AI simplify the process of creating a detailed plan, from market analysis to financial projections.

Ready to streamline your business planning? Give our tool a try. It’s here to help you craft a business plan that matches your goals, making the whole process faster and less daunting. Let’s get your business plan sorted so you can focus on what you do best: growing your business.

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Custom Business Plans: Precisely Tailored to Your Needs

Our custom business plans ensure you get exactly what your project requires—no more, no less. By focusing only on the essential information you need in your AI prompts, our service streamlines the planning process, allowing you to quickly move forward with implementation and execution.

Start today by specifying the details that matter most to your business. Our generator will tailor a plan that fits your specifications perfectly, ensuring efficiency and clarity. Let us help you eliminate unnecessary complexity and focus on driving your business success.

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How can you create a business plan in under 5 minutes?

Step 1: define your business identity.

Identify core aspects like your mission, vision, and target audience. Clearly define your business’s goals and target market to lay the foundation for your business plan.

Step 2: Specify Operational and Design Elements

Choose key operational elements such as organizational structure and processes. Ensure these support your business’s objectives and are tailored to industry needs.

Step 3: Craft Your AI Prompt for the Business Plan

Develop a detailed prompt for the AI, outlining the desired business plan structure and key information for each section, such as market analysis and financial projections.

Step 4: Review and Refine

Review the initial AI-generated business plan draft and refine areas like financials and market analysis to ensure comprehensive and professional content.

Step 5: Finalize and Utilize

Finalize the business plan by integrating all sections clearly. Use it as a strategic guide and a tool for securing funding or partnerships, ensuring it serves as a robust framework for your business.

Venngage is more than just an AI business plan generator

Venngage is your one-stop shop for creating impactful presentations, infographics, reports, and more. It's a favorite among professionals, educators, and marketers for a reason:

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Effortless Design

Browse a vast library of pre-made templates and customize them with your own text, images, and branding for a unique and polished look.

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Drag-and-Drop Simplicity

The intuitive interface makes creating stunning visuals a breeze. Drag, drop, and edit with ease, and collaborate seamlessly with team members using built-in collaboration tools.

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Data Made Clear

Transform your data into clear and informative charts and graphs. Import data directly from spreadsheets and let Venngage do the work.

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Consistent Branding

Maintain a professional image with Venngage's Brand Kit. Save your company colors, fonts, and logos to ensure consistent branding across all your designs.

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High-Quality Exports

Export your creations in various high-resolution formats like PDF, PNG, and many more, perfect for both digital and print use.

Can I customize the business plans generated by the AI?

Yes, you can fully customize all AI-generated templates on Venngage's platform.

Are there more business plan designs available?

Yes, Venngage offers a wide variety of business plan designs to suit different needs and preferences. Whether you're looking for something sleek and modern, or more detailed and data-focused, you'll find numerous options to choose from in our extensive template library.

Are the AI-generated business plans using Venngage’s tool copyright-free?

Yes, the AI-generated business plans created using Venngage's tools are copyright-free. You can use them for both personal and commercial purposes without any restrictions on copyright. However, it's always good practice to ensure that any externally sourced content you include is also cleared for use.

How many business plans can I generate for free?

The number of business plans you can generate for free on Venngage is currently unlimited.

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Create comprehensive and professional business plans with the help of AI.

AI Business Plan Generator

Create comprehensive and professional business plans with the help of AI.

Instructions

  • Enter the details about your business in the provided textarea.
  • Click the “Generate Business Plan” button to get AI-generated business plan suggestions.

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AI Business Description Generator

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Boost your business with authentic reviews using a review generator and enhance your online reputation effortlessly.

Business Name Generator

Business Name Generator

Find the perfect name for your business. Get creative and unique name ideas instantly.

Restaurant Name Generator

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Create a memorable name for your restaurant. Get creative and unique name ideas tailored to your cuisine and concept.

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Craft a compelling elevator pitch in seconds. Perfect for startups, entrepreneurs, and professionals seeking to make a strong impression.

Product Name Generator

Product Name Generator

Create a captivating name for your product. Get creative and unique name ideas that resonate with your target audience.

App Name Generator

App Name Generator

Create a catchy name for your mobile app. Get creative and unique name ideas that stand out in the app store.

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Create a compelling About Us page for your website. Share your story, values, and mission with your audience effectively.

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Testimonial Generator

Easily create authentic testimonials with our cutting-edge AI testimonial generator.

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Vision Statement Generator

Craft a powerful vision statement that defines your organization's future aspirations with Typli's Vision Statement Generator.

Mission Statement Generator

Mission Statement Generator

Craft a mission statement that encapsulates your organization's essence and propels it towards its vision.

Coffee Shop Name Generator

Coffee Shop Name Generator

Create a warm and inviting name for your coffee shop. Get creative and unique name ideas that reflect the cozy atmosphere of your café.

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Business Idea Generator

Need a business idea? Let Typli’s Free AI Business Idea Generator spark your creativity and find the perfect concept for you.

Brand Name Generator

Brand Name Generator

Say goodbye to naming roadblocks and hello to the perfect brand name - Typli’s AI Brand Name Generator makes it easy and fast.

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Sales Pitch Generator

Craft compelling and persuasive sales pitches with Typli.ai’s AI Sales Pitch Generator. Perfect for sales professionals, entrepreneurs, and marketers to deliver impactful messages that drive results.

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News Article Generator

Generate well-researched and engaging news articles with Typli.ai’s AI News Article Generator. Perfect for journalists, bloggers, and content creators looking to quickly draft high-quality news content.

Product Description Generator

Product Description Generator

Let our AI product description generator do the heavy lifting so you can focus on growing your business and increasing sales.

Bakery Name Generator

Bakery Name Generator

Create a sweet and memorable name for your bakery. Get creative and unique name ideas that will make your bakery stand out.

AI Slogan Generator

AI Slogan Generator

Get ahead of the competition with our AI slogan generator, making it easy to craft memorable brand slogans.

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Brewery Name Generator

Create a unique and memorable name for your brewery. Get creative name ideas that capture the essence of your craft beer.

The Ultimate Guide to Business Plan Generation: Crafting Comprehensive and Professional Plans

Creating the perfect business plan can be a challenging task, as it needs to provide a detailed roadmap for the business while maintaining professionalism and clarity. A well-crafted business plan helps attract investors, guide business growth, and set clear objectives. This guide aims to provide insights into the art of business plan generation, exploring the importance of a good plan, the characteristics of effective business plans, and how AI-powered tools can simplify the process.

Table of Contents

Key takeaways, understanding business plan generation, characteristics of effective business plans, how ai business plan generators work, tips for crafting the perfect business plan.

  • A good business plan is clear, detailed, and professional.
  • AI business plan generators use algorithms to analyze business details and generate comprehensive plan suggestions.
  • Effective business plans can help attract investors, guide business growth, and set clear objectives.
  • Combining AI-generated suggestions with human creativity can yield the best results.

Business plans are a crucial tool for setting the direction of a business and attracting investors. A good business plan is not only detailed but also clear and professional. It should provide comprehensive information about the business, including its objectives, strategies, market analysis, financial projections, and management structure.

Effective business plans typically have the following characteristics:

  • Clear and Concise : Provides specific information without overwhelming the reader.
  • Detailed : Covers all essential aspects of the business, including objectives, strategies, market analysis, financial projections, and management structure.
  • Professional : Maintains a professional tone and presentation throughout.
  • Well-Structured : Organizes information logically and coherently.

AI business plan generators use Natural Language Processing (NLP) and machine learning algorithms to analyze input details about the business and generate plan suggestions. These tools consider various factors, including the type of business, target market, key objectives, and financial projections, to create comprehensive and professional business plans. By leveraging AI, users can quickly generate a list of potential plans and refine their choices based on preferences and feedback.

While AI can provide a wealth of suggestions, crafting the perfect business plan involves a few additional considerations:

  • Be Specific and Honest : Clearly express your business objectives and provide specific details.
  • Maintain Professionalism : Use a respectful and professional tone throughout.
  • Be Detailed and Comprehensive : Cover all essential aspects of the business in detail.
  • Proofread : Ensure the plan is free of errors and typos.

AI business plan generators offer a powerful tool for creating comprehensive and professional business plans. By understanding the key characteristics of effective plans and combining AI-generated suggestions with human creativity, you can craft business plans that attract investors, guide business growth, and set clear objectives.

For further reading and tools to aid in business plan generation, consider exploring the various AI-powered name generation tools available on Typli.ai.

Step into effortless content creation with Typli and elevate your writing today. Experience AI content writing made simple.

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The World’s Best AI Business Plan Generator

PlanPros’ AI-powered business plan generator is the absolute quickest and easiest way for you to create a professional business plan.

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Discover the PlanPro’s Advantages

Save time and effort.

Let our AI business plan generator do all of the heavy lifting, creating a comprehensive business plan for you in just minutes.

Quickly Secure Funding

PlanPros will create a strategically sound business plan for you in the precise format that attracts investors and lenders.

Works for Your Business

PlanPros has been used to develop AI-generated business plans for over 1,000 types of business, so rest assured it will 100% work for your business!

Improve Your Strategy

Our AI business plan generator has been specially developed to improve your business, operations and marketing strategies to improve your long-term success.

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Craft The Perfect Business Plan With Artificial Intelligence In Just 12 Minutes

“planspro has been an absolute game-changer for my company. the user-friendly system coupled with its ai technology made crafting our business plan a breeze…the exceptional quality of the final business plan exceeded my expectations.”.

cristy ayala

Here’s a little bit about our team

  • 25+ years of business planning experience
  • Have helped over 1 million entrepreneurs and businesses create impressive business plans
  • Dedicated to YOUR success
  • Our business plan clients have raised over $5 billion

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We are so confident you’ll love PlanPros that we give you the opportunity to try it absolutely free!

Entrepreneurs & business owners love planpros....

“ PlanPros is hands down the best business planning software out there. As a long-time business plan writer and consultant who has tried his fair share of business plan tools, this one far outweighs the competition.

What used to be a laborious and complex process is now fast, easy, professional and dare I say quite fun!

I highly recommend PlanPros to any entrepreneur in need of a business plan.”

Tim Martinez

“PlanPros is the kick-in-the-pants I needed after being in business for two years. It allowed me to quickly and easily create a great business plan for Love Equals that will surely help us in our next stage of development.

The business plan helped me better understand who we are and what we are trying to do, and it mapped out a roadmap for our company to achieve the success we want.”

Sarbjit Singh

“ PlanPros is an incredible business plan generator. It transformed what was once a daunting task into a straightforward and quick process.

Its user-friendly interface, with clear and concise prompts, made creating a business plan much more manageable for me.

It also helped me to focus on the core aspects of my business and more confidently secure the right type of investor.”

Erica Anderson

The process is easy!

Our AI business plan maker asks you some quick and easy questions about your business.

The PlanPros AI business plan generator then writes your entire business plan, including the executive summary, market analysis, competitive analysis, complete 5-year financial projections and more.

Our AI-generated business plans are geared specifically to the needs of investors and lenders. Whether you need funding or not, our plans guide you to successfully grow your company!

Funding Requirements and Investment Ideas

Harness the power of AI for a smarter approach to planning

PlanPros.ai simplifies the planning process, providing you with a strategic roadmap to success. Optimize your business strategy with our AI-driven platform and watch your company thrive.

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Impress Investors with a Highly Professional Business Plan

Attract the right potential investors and lenders with a polished, data-driven business plan from PlanPros. Showcase your business’ potential and secure the funding you need to succeed.

Create A Winning Business Plan In Minutes

PlanPros.ai’s intelligent AI-powered tool crafts the perfect business plan for you in just minutes, giving you more time to focus on growing your business.

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What PlanPros Clients are Saying…

“I needed a professional business plan quickly to present to an investor. PlanPros allowed me to create a great plan, in just minutes, that really impressed the investor. Thank you PlanPros!!!”

Steven Joachim

“ PlanPros is simply incredible! I highly recommend it for any small business owner or entrepreneur looking for an efficient way to create a professional business plan.”

Meghan Meeks

“ PlanPros is amazing! It is by far a superior tool for creating a business plan than anything I have ever seen. In just minutes, PlanPros allowed me to create a great business plan. Super simple to use and outstanding results. What a great product!”

Alex Transp

“ Wow! PlanPros really exceeded my expectations! I utilized it to create a business plan for my company, and I was truly impressed by its precision and efficiency. In the end, it worked its magic, producing an outstanding business plan complete with amazing financial forecasts.”

Ishaq

“ PlanPros.ai is a revolutionary tool for all business owners. It is so simple to use and allowed me to complete my business plan in minutes. Thanks to PlanPros we now understand which services and targets to focus our efforts on, and what our expansion possibilities are.”

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“Not only did PlanPros help me complete my business plan in just minutes, but I already received funding from an investor! I highly recommend it! “

Tim K

Ready To Complete Your Business Plan? Get Started Now!

You ask, we answer.

Yes, we are so confident you’ll love PlanPros that we give you the opportunity to try it absolutely free! Just click any of the “Try it for free” buttons on this page. You’ll immediately be taken to the PlanPros business plan generator . There you’ll be able to quickly complete part of your business plan absolutely free. You’ll see just how simple it is to use, and how incredible the plan is that it creates for you.

Simply answer some questions about your business and PlanPros writes a comprehensive business plan for you. You can then edit your plan further if desired.

You will be able to complete and print out your professional business plan within minutes. That being said, we recommend reviewing and editing your plan…even with these additional steps, you should be able to complete your entire business plan within 1 hour of starting. 

We have different plans from which you can choose. See our  plans & pricing here .

Some sample questions include:

  • Tell us briefly about your business?
  • Which of the following promotional tactics might you want to use to attract new customers (click on relevant tactics from our comprehensive list)
  • Briefly describe your background or provide us with your LinkedIn URL so our AI can write the management team section of your business plan.

We are so confident you’ll love PlanPros, that if you’re not fully satisfied with it, simply contact us via email, phone or online within the 30 days and we’ll gladly refund your money.

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Free AI Business Plan Generator

Chat with AI to turn your business idea into a comprehensive plan in minutes.

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How to generate a business plan using AI

Create a comprehensive business plan quickly and easily with AI assistance.

Typing business concept into AI tool

Input your idea

Type in your business concept or startup idea to provide context for the AI generator.

Adjusting sections of AI plan

Refine the plan

Review the AI-generated business plan and use prompts to modify or expand specific sections.

Export and share business plan

Export and Share

Download your completed business plan as a PNG or share it online with a unique URL.

Why choose MyMap's Business Plan Generator?

AI Summary

Chat with our AI to craft your business plan in minutes, not hours. No complex software to navigate.

AI Summary

Flexible Input

Upload existing docs or start from scratch. Our AI adapts to your needs, using any info you provide.

AI Summary

Market Research

Our AI scours the web for current market trends and competitor data, enriching your plan with fresh insights.

AI Summary

Website Integration

Paste any URL and watch our AI extract relevant business info to enhance your plan's content.

AI Summary

Team Effort

Collaborate with your partners in real-time on the same business plan, ensuring everyone's input is captured.

AI Summary

Easy Sharing

Export your polished business plan as a PDF or share a link, impressing potential investors in seconds.

AI-generated business plan for entrepreneurs

Aspiring Entrepreneurs

First-time founders use this tool to transform their business ideas into comprehensive plans within minutes, saving weeks of research and writing.

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Small Business Owners

Busy shop owners utilize this generator to quickly create professional business plans for loan applications, impressing lenders with detailed financial projections.

Business plan tool for students

Business Students

MBA students leverage this AI tool to generate realistic business plans for class projects, learning practical planning skills while meeting tight deadlines.

FAQs about Free AI Business Plan Generator

What is the free ai business plan generator.

The Free AI Business Plan Generator is a tool that helps entrepreneurs, business owners, and startups create professional business plans quickly and easily through AI-powered assistance. It guides users through each step of the planning process, from basic information to detailed strategies.

How long does it take to generate a business plan?

While the exact time may vary, many AI Business Plan Generators can produce a draft plan in just minutes. For example, some platforms boast an average generation time of less than 60 seconds. However, you may want to spend additional time refining and customizing the plan to your specific needs.

Can I collaborate with others on my business plan?

Yes, many AI Business Plan Generators offer collaboration features. You can typically invite team members to view, edit, and refine your online business plan in real-time. This allows for diverse insights and expertise to contribute to a well-rounded and robust plan.

What types of businesses can benefit from using an AI Business Plan Generator?

AI Business Plan Generators can benefit a wide range of users, including aspiring entrepreneurs, existing business owners, startups, educational institutions, and even startup accelerators. They're particularly useful for small businesses and those seeking funding or looking to analyze their business idea thoroughly.

Can I export or download my business plan?

Yes, most AI Business Plan Generators allow you to export or download your completed plan. Typically, you can download it in an editable format like .docx, which allows you to further customize it and share it with investors, partners, or stakeholders.

Does the AI Business Plan Generator provide financial projections?

Many AI Business Plan Generators do offer financial projection features. Some tools can generate detailed financial projections and even 3-year income statements based on the information you provide about your financial trajectory.

Is my business idea secure when using an AI Business Plan Generator?

Reputable AI Business Plan Generators prioritize data security and intellectual property protection. They typically use advanced security technologies and comply with international data protection standards to ensure your business ideas and data remain secure and confidential.

👀 Turn any prompt into captivating visuals in seconds with our AI-powered design generator ✨ Try Piktochart AI!

AI Business Plan Generator

Effortlessly transform your business plan into a professional and polished visual in seconds with Piktochart AI. Captivate your stakeholders and deliver your message with impactful clarity.

The fastest way to create and visualize business plans

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Effortless and Instant

Turn complex business plans into beautiful visual plans instantly

This not only makes your business plan more compelling and effective, but also ensures that key information is highlighted and easily accessible to your audience. Your business ideas deserve to be presented in the best light, and Piktochart AI makes that possible.

Customized to Your Content

Create personalized business plans to your needs

Coming soon: Keep your original text intact and preserve the full context of your document. Piktochart AI currently generates multi-page documents up to 8 pages.

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Engaging and Professional

Business plan that looks polished and professional

Customize with your brand’s colors, fonts, and style, creating a cohesive and professional experience across all your business plans.

Limitless Creativity

Create anything with AI image generator

Whether you’re envisioning fantastical landscapes or cutting-edge futuristic designs, the possibilities are limitless. Elevate your business plan and bring your imagination to life with ease!

Business plans created using Piktochart AI

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Trusted by Industry Leaders

NGOs and government persona

Nonprofits and NGOs

  • Applying for grants and funding from donors and foundations.
  • Illustrate impact on communities by showcasing progress on projects, beneficiary stories, and fund utilization, essential for donor reports and stakeholder updates.
  • Reports on donation usage, program effectiveness, and organizational financial health.
  • Analyze program data, helping to assess effectiveness, identify areas for improvement, and inform future project planning and resource allocation.

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Entrepreneurs and Startup Founders

  • Create business plans to help in presenting a clear vision to investors and lenders, making it easier to secure funding.
  • Provide a step-by-step guide for launching and growing the business, outlining goals, strategies, and timelines.
  • Visualize results, customer demographics, and market trends, facilitating data-driven decision-making.
  • Engaging, easy-to-understand reports for investors, showcasing business performance, ROI, and key metrics.

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Corporate Executives and Managers

  • Create long-term strategic planning and help in setting departmental goals that align with the overall corporate vision.
  • Manage resources in budgeting, allocation, and prioritizing projects to ensure efficient use of company resources.
  • Help in managing organizational changes, such as launching new products or entering new markets, by outlining detailed plans and expected outcomes.

SMEs and enterprises persona

Small Business Owners

  • Create operation guideline for daily operations, helping in resource allocation and task management.
  • Track performance with outlining benchmarks and KPIs to track business performance and make data-driven decisions.
  • Helps in understanding the competitive landscape, target market, and customer needs, informing marketing and sales strategies.
  • Highlight progress, identify areas for improvement, and facilitate effective improvement plans.

How to use AI to create a business plan

1. describe your type of business plan.

Describe the intent or use case of your business plan. Whether it’s for creating a growth strategy, expansion plan, funding plan, or operations plan. You can also input your existing content and let our AI algorithm visualize a customised business plan for you.

2. Select from our document templates

Piktochart AI will analyze your content to provide a variety of professionally designed business plan templates. Pick the one that best suits your message.

3. Customize in Piktochart Editor

Each template is completely customizable, giving you full control to tailor it to your brand’s unique identity. Choose fonts, colors, and design elements that perfectly align with your brand style. In addition, use our interactive chart and graph to transform complex data into clear, easily understandable visuals. Personalize every detail and make your business plan truly stand out.

4. Download and share

Once you’ve customized your business plan, export it in PNG or PDF formats (Pro subscription required). Share your polished, professional business plan with stakeholders seamlessly—whether digitally or in print. Make a strong impression and ensure your message is communicated effectively, no matter how it’s delivered.

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What kinds of business plans can be generated?

Startup business plan.

Think of this as your new business’s roadmap. It lays out your big idea, the market you’re entering, and how you plan to make it all work. It’s essential for attracting investors and guiding you through your early steps.

Strategic Business Plan

This plan is all about where you want your business to go in the long run. It outlines your big goals, the strategies you’ll use to achieve them, and how you plan to stay ahead of the competition.

Operational Business Plan

Here’s where you get into the nitty-gritty of running your business. This plan covers everything from production processes to daily tasks, ensuring that your operations run smoothly and efficiently.

Development Business Plan

If you’re developing a new product or service, this plan helps you chart out the steps from concept to launch. It includes research phases, development timelines, and strategies for introducing your new offering.

Growth Business Plan

When your business is ready to expand, this plan helps you map out how to grow. Whether you’re entering new markets or adding new products, it shows how you’ll manage the expansion and what resources you’ll need.

Non-Profit Business Plan

For non-profits, this plan outlines how you’ll achieve your mission and make an impact. It includes strategies for fundraising, managing operations, and engaging with the community to support your cause.

Discover other types of documents you can generate with Piktochart AI

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Can I customize my business plan with my own images?

How many business plans can i generate, what are some tips to get better results for my generated business plans, how long does it take to create my business plan with ai, do i need to sign up for piktochart, why use an ai business plan generator, what are the rules that apply to my use of piktochart ai, ready to use ai to create professional business plans.

Join more than 11 million people who already design information with Piktochart.

What else can you create with Piktochart AI?

AI Business Plan Generator

Create your business plan in minutes with our ai assistant.

Answer few tailored questions about your business, and get a business plan in under 10 minutes. Its as simple as that.

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You will be guided in the same way as a business coach

Upmetrics acts as your business coach, offering tailored guidance throughout your business planning journey

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Navigate Your Plan with Our Step-By-Step Instructions

Upmetrics offers straightforward, step-by-step guidance for every aspect of your business plan. With our AI assistant, get clear instructions, practical examples, and a tailored guide for every stage of planning.

Leverage our extensive collection of over 400+ sample business plans for inspiration, and directly chat with our support for personalized assistance.

Ask anything to our AI Business Coach

Our AI Co-pilot is your on-demand research assistant and business advisor. Ask any question—our tool gets into your plan or conducts research to provide insightful answers.

 Powered by our cutting-edge language model, it boasts a depth of knowledge trained on vast quantities of internet, book-based resources, and business plan examples. With Upmetrics, harness AI that understands the breadth of business planning and beyond.

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Writing will never become a problem for you

Upmetrics asks targeted questions to build your business plan. Our AI streamlines the process, providing expert-level guidance and suggestions at every step.

Let our AI Business Plan Assistant transform your ideas into polished, professional sections, enhancing your content’s tone, style, and correctness.

Get a head start with 400+ real business plan examples

Why start with a blank page? When you have access to the 400+ real business plan examples. If crafting your first business plan seems daunting, let our real-world examples illuminate the path to success.

Embark confidently on your entrepreneurial journey – a standout business plan is just a template away with Upmetrics.

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Create a plan and build your dream business

Loved by forward-thinking entrepreneurs and business owners

The great USP here is the AI feature I used, where I can write my idea in simple terms, and I use AI to reformulate it in a more persuasive way where I saw the difference in the pitching level.

Abdelraouf Hammoud

Abdelraouf Hammoud

Solutions Design Manager at DHL Supply Chain

Having complete control over our business plan has been instrumental in being able to raise funds from investors. Upmetrics is an invaluable product that keeps getting better.

Jason Lorje

Jason Lorje

Founder & CEO at Agmondo

The Upmetrics platform is perfect for someone looking to start a business and has a range of tools to assist with planning from financial forecasting to AI-assisted business plans. Strongly recommend.

Jarred Bouffier

Jarred Bouffier

BDM at Mandoe

Drafting impactful and clear business plans is not easy. Navigating complex spreadsheets , creating financial projections, and generating and publishing financial reports take up a lot of a founder's time.

Deepak Dhanak

Deepak Dhanak

Founder at DocuX

I created a fantastic business plan in 1/4 the time with much more professionalism than without Upmetrics. I especially liked the templates I could work from.

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Harnessing the Power of AI: A Comprehensive Guide to Crafting a Dynamic Business Plan

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If you have ever tried to write one, you know just how challenging crafting a business plan can be. There’s a lot of foresight, strategic thinking, and meticulous attention to detail involved. You have to understand what people want, figure out how to fund it, and explain your big ideas clearly. Entrepreneurs have to do all this while dealing with the everyday chaos of running a business.

To this end, one of the most useful applications of AI has been its ability to be your thinking- assistant- adding structure to your thoughts- and creating frameworks to help you navigate through complex problems.

  • Ready to use
  • Fully customizable template
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Why Use AI to Write Your Business Plan?

The arrival of artificial intelligence has revolutionized how you gather and put together information. AI’s predictive analytics and data-driven insights help businesses make more informed decisions, often leading to a significant competitive edge. Here are some of the competitive advantages of integrating AI into business planning processes:

  • Enhanced accuracy in market analysis and financial projections.
  • Real-time adaptation to market changes and customer behavior.
  • Personalized strategies that align closely with company goals and customer needs.

By leveraging AI, businesses can visualize their business plan in new ways Now data can be used as a strategic asset that drives growth and innovation. Writing a business plan is no longer just about a document to present to investors; it’s about creating a dynamic blueprint that evolves with your business and the market.

Use AI as your thinking Assistant

The ability to automate complex processes, gain insights from big data, and enhance decision-making can help the way you think about designing your business. This includes streamling operations, predicting customer behavior, and personalizing marketing efforts.

The ability to collect, process, and analyze vast amounts of information is what makes AI so powerful in business planning.

A robust business plan typically includes components such as market analysis, financial projections, and marketing strategies. AI can optimize each aspect of a business plan:

  • Market Analysis : AI tools can analyze market trends and customer feedback, offering a more nuanced understanding of the competitive landscape.
  • Financial Projections : Machine learning algorithms can provide more accurate revenue forecasts by analyzing past performance and market conditions.
  • Marketing Strategies : AI can personalize customer interactions and optimize marketing campaigns for better engagement and conversion rates.
  • Decoding Customer Behavior: AI algorithms are adept at analyzing customer interactions and feedback across various platforms. By processing this data, businesses can gain a nuanced understanding of customer preferences and tailor their offerings accordingly.
  • Predictive Market Trends: AI doesn’t just analyze the present; it’s also predictive. By examining historical data and current market conditions, AI can forecast future market shifts, giving businesses a strategic advantage in planning their next move.
  • Real-time Market Insights: With AI, market analysis is not a one-time report but a continuous stream of insights. This allows companies to adapt quickly to changing market dynamics and maintain a competitive edge.

Using AI to Develop Your Business Plan (With Prompts)

Your Executive Summary : Begin with an AI-generated executive summary that encapsulates the financial health and projections of your business. You can use specific AI tools to analyze historical data and generate a concise summary that highlights key financial metrics and future goals. A useful prompt to help you do this:

  • Write a very detailed executive summary for a [insert your company type] that is requesting funding. Here is some context to get you started: {Succinctly summarize the key elements of your business} {List 5 business objectives} { 3 unique selling points}

Company Description : Utilize AI to provide a data-backed company valuation and financial history. This can include automated calculations of burn rate, cash flow, and other vital financial statistics that give stakeholders a clear picture of your company’s fiscal standing.

  • Write a very detailed mission statement for a [insert business] that values [insert values] and offers [insert products and/or services]
  • Write a very detailed business description for a [ insert business name] that sells [insert products and/or services]. The company values [insert values].
  • Write a very detailed product description for (insert products and/or services) that highlights [insert features to highlight]

Market Analysis : Deploy AI algorithms to analyze the market size, growth rates, and trends. This will help you to forecast demand and price points, which are essential for accurate financial planning.

  • Write a very detailed market analysis for a [insert business type].
  • Create a target audience for a [insert business type] who wants to target [insert who you want to target. Include their age, race, gender, likes, dislikes etc]
  • What are the top 3 market trends for the [insert industry] and why are they trending?

Competitive Analysis : AI can help you perform a deep dive into competitors' financial strategies. By analyzing public financial reports and market data, AI can uncover insights into pricing strategies, market share, and financial strengths or weaknesses of your competitors.

  • Write a very detailed competitive analysis for a [insert company] who’s advantage is [insert your advantage over the market]
  • Find 3 competitors for a [insert business type] and explain their competitive advantage.
  • Write a unique selling proposition for a [insert product or service type] that is [insert unique selling proposition].

Sales and Marketing Plan : Predictive analytics can forecast the ROI of different marketing strategies, helping you to allocate your budget effectively. AI can also optimize your sales funnel by predicting customer lifetime value and churn rates.

  • Write a very detailed sales and marketing plan for a [insert business type] that offers [insert products and/or services]
  • Write a very detailed growth strategy for a [insert business type] that offers [insert products and/or services]

Ownership and Management Plan : AI can assist in modeling different ownership structures and their financial implications, as well as predict the financial impact of management decisions.

  • Write a very detailed Ownership Structure for a [insert business type] that has [include the ownership roles that you have in your company]
  • Write a very detailed Management Plan for a [insert business type] that has [include the roles that you have in your company]

Operating Plan : Use AI to simulate various operational scenarios and their costs. This includes everything from supply chain optimization to energy consumption and staffing requirements.

  • Write a very detailed Operating Plan for a [insert business type] that operates [include where you operate your business ex: online, storefront etc]
  • Write a very detailed risk management assessment for a [insert business type] that operates [include where you operate your business ex: online, storefront etc]

Financial Plan : This is where AI truly shines. Machine learning models can provide detailed revenue forecasts, expense projections, and cash flow analysis. They can also help in stress-testing your financial plan against various economic scenarios to ensure resilience.

  • Create a detailed year sales forecast for a [Insert business type] with an average growth rate of [XX% per year and an average order value of $XX]
  • Create a break-even analysis for a [insert business type] with an average order value of SIXXI. The Total cost per unit is $[XX]. The yearly combined fixed and variable costs is[XXX]
  • Write a very detailed funding request section of a business plan for a [insert business type] that is requesting [XX] for [insert what you need the funding for]

Develop A Robust Business Plan with Creately VIZ

Use the AI-powered visual intelligence of Creately VIZ to develop strategic business plans. The AI templates help you generate, expand, organize and transform all the information you require to put together a complete business plan. You can use Creately VIZ as your strategic partner - taking advantage of visual frameworks to build out winning strategies.

Business Model Canvas: The Business Model Canvas is a strategic planning tool, that condenses a comprehensive business plan into a one-page visual. Comprising nine key building blocks, it offers a holistic view of a business, from customer segments and value propositions to revenue streams and cost structures.

Business Model Canvas Explained

Strategic Blueprint: A strategic blueprint is a detailed, overarching plan that outlines an organization’s long-term goals and the actions needed to achieve them. It serves as a guiding document for decision-making and resource allocation. Typically encompassing mission statements, objectives, and tactics, a strategic blueprint provides a roadmap for navigating challenges and leveraging opportunities. It considers internal and external factors, aligning organizational strengths with market demands.

Capability Mapping: A business capability map is a visual representation that outlines the core competencies and capabilities of an organization. It provides a comprehensive view of the skills, processes, technologies, and resources required to achieve business objectives. Like a strategic blueprint, a capability map guides decision-making but focuses on the specific abilities needed for successful operations. It often categorizes capabilities into key domains, such as operational, strategic, and customer-related. This map serves as a strategic planning tool, aligning business activities with organizational goals.

AI transforms a static business plan into a dynamic blueprint that evolves with your business and the market. The competitive advantages it offers, from enhanced accuracy in market analysis to real-time adaptation and personalized strategies, underscore the transformative power of AI. As you embark on crafting your business plan, consider leveraging AI as your thinking assistant, ensuring your strategies align with evolving market dynamics. With AI, the journey from plan to success becomes a continuous and adaptive process.

Join over thousands of organizations that use Creately to brainstorm, plan, analyze, and execute their projects successfully.

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Chiraag George is a communication specialist here at Creately. He is a marketing junkie that is fascinated by how brands occupy consumer mind space. A lover of all things tech, he writes a lot about the intersection of technology, branding and culture at large.

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Craft Customized Business Plans with AI

Transform your entrepreneurial vision into a concrete reality with AI Business Plan Generator customized for aspiring entrepreneurs, startup founders, small business owners, and freelance business plan writers. Our AI Business Plan Generator Online Free tool helps you to generate high-quality business plans easily. Customize every detail to align perfectly with your brand guidelines, ensuring your business strategy reflects your unique vision and goals from the very first draft.

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Three Simple Steps for generating Business Plan:

On the AI Writer Dashboard, click on "AI Chat" from the left menu section.

Type in your “Business Category with a little detail” in the provided field. Adjust your preferences by selecting advanced options like writing style.

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Discover our AI Business Plan Generator, a user-friendly and easy-to-navigate tool designed to release your creativity in crafting comprehensive business plans. Whether you're new to business planning or a seasoned professional, our intuitive interface eases the process. Customize every detail easily, from financial projections to strategic goals, ensuring your business plan reflects your unique vision and objectives. Transform your ideas into actionable plans with precision and ease using our innovative AI-powered Business Plan Generator.

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Simplified provides extensive interactive options for your business plans. Showcase your plans with dynamic text effects and add animations into text, graphics, shapes, or objects in your designs. For data-intensive plans, Simplified offers a diverse range of graphs, charts, and data widgets to visually represent information. Utilize diagrams, roadmaps, and timelines to effectively convey various types of information.

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Collaborate easily with Simplified AI Business Plan Generator, designed to facilitate teamwork and enhance collaboration. Whether you're working with colleagues, advisors, or stakeholders, our tool supports easy communication and shared access to project updates. Ease planning processes, delegate tasks, and ensure everyone is on the same page with real-time editing and commenting features. Empower your team to contribute their expertise and insights, driving collective success in business planning endeavors.

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Benefits of Using AI in Business Planning

Ai tools and platforms for writing business plans.

  • AI in Business Planning
  • Ethical Considerations
  • Future Trends

The Bottom Line

How to use ai in business planning.

AI can boost efficiency and accuracy in inventory planning, logistics, data analysis, forecasting, writing business plans, and more

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Artificial intelligence (AI) can be used across many aspects of business planning, improving the accuracy and efficiency of processes like inventory planning, logistics, financial and sales analysis and forecasting, and project management. Entrepreneurs looking to launch a new business can also use AI to their advantage in writing a business plan.

However, the specific roles and applications of AI in business planning can vary depending on the nature and requirements of the business or industry.

Key Takeaways

  • AI can significantly improve the accuracy and efficiency of data analysis for business planning and help identify new sales and business growth opportunities.
  • Incorporating AI in business planning can improve forecasting by offering predictive capabilities.
  • Automation of repetitive tasks and processes, such as pulling data for analysis, is another benefit of using AI in business planning.
  • Ethical considerations such as potential biases in AI algorithms, as well as technical limitations with AI algorithms, must be addressed in any AI-driven business planning.

Business leaders looking to use artificial intelligence for business planning can benefit from the insights and efficiencies it provides . Here are some of the ways in which businesses can use AI for different business planning applications.

Improved Accuracy and Efficiency of Data Analysis

As many machine learning algorithms are designed to recognize patterns and process a large quantity of data in relatively little time, they can spot trends and offer insights that might not otherwise be evident. This can help in analyzing and deriving insights from large volumes of customer, order, financial, or other business-related information.

Enhanced Forecasting and Predictive Capabilities

Also referred to as predictive analytics , the ability of AI to make inferences about future outcomes using existing data can be a huge asset across many different business areas. For example, the food service company Sysco uses AI for inventory management as well as warehouse and delivery logistics planning. Another impactful business application for predictive AI models is financial and inventory planning.

Automation of Repetitive Tasks and Processes

Any business planning workflow that currently includes a manual, rote, or repetitive task might be a good candidate for automation using AI. Examples might include pulling data into a spreadsheet for analysis, generating or formatting data, processing documents or information, or requesting approvals.

Identification of New Business Opportunities

AI can help identify new growth strategies and opportunities in marketing and sales. Using AI-enabled customer relationship management (CRM) software can offer insights on lead generation, upsell or cross-sell opportunities, and customer service strategies. It can also provide businesses with the data to better personalize their offerings and target different segments of their customer base.

Many generative AI tools and software platforms are available to assist entrepreneurs with the task of writing a business plan. Here is a list of popular AI-based business plan generators.

Although not a dedicated business plan generator, ChatGPT is one of the most well-known and accessible generative AI tools. Users can prompt ChatGPT to quickly generate ideas, draft outlines or sections, and edit or make text suggestions.

However, any information that ChatGPT provides on things like market research may not be up to date or reliable. Any data and references should be double-checked to ensure both factual and contextual accuracy, and the writing should be reviewed to ensure it aligns with the writer’s desired tone of voice.

Although a free version is available, a paid subscription to ChatGPT Plus costs $20 per month.

Notion is an AI-enabled workspace and project management tool. Although it can be used for more than just generating a business plan, Notion offers both free and paid AI-supported business plan templates.

As an AI-powered productivity tool, Notion can help users quickly generate text as well as automate workflows and tasks. This makes it a useful option for those who wish to use it for individual and team project execution as well as planning.

However, for those who simply wish to generate a business plan, the platform may present a bit of a learning curve and require an investment of time to understand how to use it properly.

Notion has a free plan, but its paid plans start at $8 per month.

ProAI is an AI platform specifically tailored to business planning, research, and strategy solutions. It has dedicated tools for generating business plans, financial models, and pitch decks, as well as an AI business advisor that users can consult. It can also guide users in raising capital, including suggesting investors, funding amounts, and approaches.

Users input their business information and goals and link their social media, analytics, accounting software, and other data to the program, and it learns and adapts accordingly. As such, ProAI is a good tool for those looking for accuracy and assistance with financial projections.

However, compared to other tools, ProAI can take considerable time to generate a business plan (up to several days, depending on the depth and level of customization required). There are also potential privacy concerns associated with the sensitivity of data being shared.

ProAI is one of the more expensive AI business plan generators on the market, with plans starting at $199 per month.

Simplified is another workflow and productivity tool, with a suite of AI-powered programs to help users create all kinds of content, manage social media channels, and more. Their AI writing tool can offer suggestions and includes templates for specific types of business plans, from food trucks to real estate services.

Simplified’s business plan generator is geared toward solo entrepreneurs, small businesses, and startups. As it is easy to learn how to use, it is a good option for those who don’t want to invest significant time in understanding a new software. It can also generate different types of content, integrate with other platforms, and allow multiple users to collaborate, making it a useful tool for project management and execution.

However, the tool as a whole is not specifically designed for business planning, so it can be limited in terms of data analysis and industry-specific details.

Up to 2,000 words can be generated for free; after that, paid plans start at $11 per month.

As a dedicated business planning tool, Upmetrics promises to simplify business planning with its AI-powered insights. It includes an AI assistant, a business plan builder with over 400 customizable sample plans, and a pitch deck creator. It also offers financial forecasting and templates to suit different business models.

Upmetrics can both generate and edit text, and users can adjust the tone of the content as well. It also offers users the ability to collaborate on documents, design cover pages, and drag and drop sections into the template.

Potential downsides might include privacy concerns around sharing financial and other business data, as well as relatively limited template options and customization options.

Upmetrics plans start at $7 per month.

AI Tools for Business Plans
ChatGPT Free; paid plan is $20/month All-purpose generative AI chatbot
Notion AI Free; paid plan starts at $8/month AI-enabled workspace tool
ProAI Paid plan starts at $199/month Dedicated AI business planning tool and business plan generator
Simplified Free for up to 2,000 words; paid plan starts at $11/month AI-enabled workspace tool
Upmetrics Paid plan starts at $7/month Dedicated AI business planning tool and business plan generator

AI can be used for business planning at many different stages, starting from when the initial vision for the business is being created. Here’s how to incorporate AI into your business planning.

  • Write a business plan with an AI business plan generator . Whether you use one of the generators mentioned above or one of the many other tools available online, AI-enabled writing programs can provide anything from a draft outline to a comprehensive document to work from. Don’t rely entirely on AI for a finished product, however; it’s important to review and check your business plan for things like accuracy, tone, and flow.
  • Use AI-powered automation to improve your business operations . To optimize the day-to-day operating processes of your business, pinpoint any workflows that include manual, rote, or repetitive tasks, such as note taking, data entry, or transcription. Then seek out AI automation tools to save time, make the tasks more efficient, and reduce errors.
  • Analyze your business data with AI . As your business starts to generate data, whether from leads, orders, sales, customer interactions, social media, or finances, AI can be helpful in capturing and analyzing it. In turn, this data can provide crucial information for making decisions about the future of the business in terms of both offerings and growth opportunities.
  • Capture insights with AI to forecast, plan, and set goals . Predictive AI models can be a huge asset in business planning, helping entrepreneurs draw conclusions about future states of business based on historical and current data. While this has obvious applications for business financials, it can also be useful for consumer trend forecasting, customer service, and logistics and inventory planning.

Ethical Considerations in AI-Driven Business Planning

As with any AI application, using AI for business planning is not without ethical concerns.

It’s important to be transparent about the use of AI to both stakeholders and customers in order to maintain relationships of trust and accountability. It’s good practice to make it clear to customers when they are interacting with AI, as with an AI chatbot or a piece of writing generated by AI, for example.

It’s also important to communicate with stakeholders, employees, and decision makers about the reasons for choosing to implement AI in the business and how it will be used, monitored, and maintained so that the appropriate policies and oversight are put in place.

Understanding and communicating how any AI model is programmed and why is also an important accountability and ethics consideration. Many AI models have been shown to reproduce patterns of bias and discriminatory behavior when it comes to gender, race, and other aspects of identity. For example, fintech software algorithms have been shown to replicate historical behaviors of discrimination against marginalized and racialized individuals because those algorithms learn from historical datasets.

Future Trends of AI in Business Planning

As AI models improve and their applications become more mainstream, expect to see AI becoming a feature in all kinds of programs, from financial software to go-to office productivity suites. This will offer both easily accessible information and automation.

Businesses will be able to create ever more personalized offerings for their customers, thanks to AI integrations in CRM software that can draw insights from large volumes of customer data.

AI tools are also changing the competitive landscape of business and entrepreneurship by making previously specialized creative and technical skills like writing, designing, and coding more accessible.

Companies that nimbly adopt and develop strategies to use AI may unlock a significant advantage, though soft skills and a human touch remain as important as ever. A 2023 survey by software company Redpoint Global found that although 73% of consumers believe there to be a positive potential for AI in customer experience, 77% of consumers believe that positive customer experiences still require human interaction.

Can I Use ChatGPT to Write a Business Plan?

Among other types of content, ChatGPT can help users quickly generate a business plan by providing ideas, drafts, outlines, or suggestions. However, it’s advisable to review and validate any information that it provides to ensure it’s up to date and accurate.

Are There Free AI Tools for Writing Business Plans?

Many free generative AI tools, like ChatGPT, can assist in writing business plans. Notion and Simplified are examples that include business plan templates for specific types of businesses.

What AI Tools Can Be Used for Business Strategy?

Upmetrics and ProAI are two dedicated business planning AI tools that can provide research, strategy, financial forecasting, and presentation templates.

AI can contribute to better efficiency in business processes, identify opportunities for growth, and provide insights by analyzing large volumes of data, making it a great asset to business planning. However, it’s worth taking a step back before implementing any AI tool in business planning to assess where and how AI can have the most impact.

Just like any other digital tool or technology, AI should be used to complement and bolster existing and future workflows, and should be implemented with an eye to both strategy and accountability.

U.S. Government Accountability Office. “ Artificial Intelligence’s Use and Rapid Growth Highlight Its Possibilities and Perils .”

Google Cloud. “ What Is Predictive Analytics? ”

Massachusetts Institute of Technology, MIT Sloan School of Management. “ Incorporating Generative AI into Your Company’s Technology Strategy .”

CO— by U.S. Chamber of Commerce. “ AI and CRM: Combining Two Powerful Technologies to Grow Your Small Business .”

OpenAI Help Center. “ What Is ChatGPT Plus? ”

Notion AI. “ Product Page .”

ProAI. “ Homepage .”

CO— by U.S. Chamber of Commerce. “ How to Use AI Tools to Write a Business Plan .”

ProAI. “ Pricing Page .”

Simplified. “ Generate a Business Plan for Small Business .”

Simplified. “ Homepage .”

Upmetrics. “ Homepage .”

TrustRadius. “ Upmetrics .”

CNBC. “ A.I. Has a Discrimination Problem. In Banking, the Consequences Can Be Severe .”

Harvard Business Review. “ Building Transparency into AI Projects .”

Massachusetts Institute of Technology, MIT Sloan School of Management. “ How Generative AI Is Changing Entrepreneurship .”

U.S. Small Business Administration. “ These Small Business Trends Look to Shape 2024 .”

Redpoint Global. “ 73% of Consumers Believe AI Can Have a Positive Impact on Their Customer Experience .”

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Discover the Best Tools for Business Plans

Learn from the business planning experts, resources to help you get ahead, ai in business planning, table of contents.

In business plan writing, the advent of advanced AI platforms like ChatGPT-4 by OpenAI , Google’s Bard , and Anthropic’s Claude marks a significant shift. These AI tools offer novel ways to enhance the business planning process, particularly when used in conjunction with Businessplan.com’s unique  Model-Based Planning®  approach. From formulating a compelling narrative to analyzing market data, AI can be very helpful in each step of business development.

AI’s can provide insightful analyses, generate creative content, and assist in decision-making processes, transforming the way entrepreneurs plan and execute their strategies. However, it’s crucial to understand the limitations and ethical considerations of using AI, such as data privacy concerns, copyright issues, and the potential for inaccuracies or “hallucinations” in AI-generated content.

For a comprehensive understanding of the entire business planning process, readers are encouraged to visit the  Plan & Pitch  section of our website, which offers in-depth insights and guidance.

AI and Model-Based Planning®

Businessplan.com’s Model-Based Planning® is a unique and comprehensive approach to business planning, incorporating over 350 specialized worksheets covering a wide range of industries, from Aquaculture & Fisheries and Software as a Service (SaaS) to Daycares and Restaurants. These worksheets, developed by the most experienced professionals in the business planning industry, combine a thorough industry-specific questionnaire with expert recommendations specific to the respective business model. Entrepreneurs can utilize these to meticulously consider all aspects of their new business venture.

Upon completing a worksheet, entrepreneurs can then leverage their responses to craft efficient and effective prompts for AI tools like ChatGPT-4. This integration of AI allows for the rapid drafting of various business plan components. This approach saves time and money; it also provides a platform for quick iteration, ideation, and revision.

By using AI in conjunction with the Model-Based Planning® Worksheet, entrepreneurs gain a significant advantage. They can produce detailed, high-quality sections of their business plans, such as market analysis, organizational structure, and marketing strategies, with a level of precision and customization that was previously unattainable.

AI and Narrative Development

Crafting a compelling narrative is a critical component of business planning. With ChatGPT-4, entrepreneurs can enhance this process through a strategic approach:

  • Idea Generation and Structuring:  ChatGPT-4 assists in brainstorming and structuring key narrative elements like value propositions and product descriptions, laying the foundation for a cohesive story.
  • Drafting Sections:  The AI can draft important sections of the narrative, including the company description and mission statement, providing a solid base for further refinement.
  • Audience Customization:  ChatGPT-4 tailors the narrative to suit diverse audiences, adjusting tone and content for stakeholders such as investors or bankers.
  • Feedback and Refinement:  AI can offer preliminary feedback, suggesting improvements and identifying potential inconsistencies in the narrative.
  • Data Integration:  In narratives involving market data, ChatGPT-4 excels at helping interpret and seamlessly integrate these insights, enhancing the narrative’s relevance and impact.
  • Final Review:  Utilizing AI for the final review ensures coherence, readability, and engagement, making the narrative more compelling and clear.

This utilization of ChatGPT-4 in narrative development helps to write a business plan that resonates with purpose and clarity. It combines the AI’s capabilities in content generation and customization with critical human oversight, ensuring the narrative is not only well-written but also deeply aligned with the business plan’s goals.

[Link to Narrative Development Page for narrative aspects]

AI and Market Analysis

The Market Analysis section of a business plan is critical, providing detailed insights into the industry, target markets, competition, and the broader economic landscape. To enrich this analysis, reputable sources like IBISWorld , ESRI , Statista , and eMarketer Pro are invaluable. These platforms offer comprehensive data on industry trends, market conditions, and consumer behaviors, essential for informed decision-making.

  • IBISWorld:  Known for industry reports and business environment profiles, offering detailed market and industry insights.
  • ESRI:  Provides location-based data and analytics, crucial for geographical market trends and understanding customer demographics.
  • Statista:  A versatile tool for market size estimates, trend analysis, and forecasting, with data from various industries.
  • eMarketer Pro:  Offers digital marketing data, insights into online consumer behaviors, and digital market trends.

ChatGPT-4, especially with its Vision capabilities, can be a game-changer in analyzing this data. Entrepreneurs can use ChatGPT-4 to:

  • Summarize Complex Data:  ChatGPT-4 can process large datasets from these sources, creating concise summaries and highlighting key takeaways.
  • Interpret Charts and Tables:  Using ChatGPT-4 Vision, entrepreneurs can analyze and understand complex graphs and charts, translating data into actionable insights.
  • Draft Market Analysis Sections:  The AI can help draft sections of the market analysis, integrating data insights into a coherent narrative.

By leveraging AI in market analysis, entrepreneurs can transform raw data into meaningful insights, efficiently shaping their business strategies.

[Link to Market Analysis Page for in-depth market analysis details]

AI and Organizational Structure

Organizational structure is a key component of business planning, where defining roles, responsibilities, and hierarchy is crucial, especially for startups. AI, particularly ChatGPT-4, can significantly aid in this process:

  • Brainstorming Departments and Roles:  Based on the Company Summary and Business Model, AI can suggest potential departments and roles needed. This includes considering the scale of operations and anticipated growth trajectories.
  • Salary and Wage Research:  Utilizing its web search capabilities, ChatGPT-4 can assist in determining average salaries or hourly wages for these roles, providing valuable input for financial projections.
  • Developing Management Bios:  ChatGPT-4 excels in transforming CVs or resumes into compelling bios for the Management Summary section. It can articulate the strengths and experiences of founders, executives, or other key employees.
  • Bio Questionnaire Assistance:  For cases without detailed CVs, ChatGPT-4 can help formulate questions to gather necessary information, facilitating the creation of detailed bios.

This approach harnesses AI’s data processing and content generation capabilities to streamline the organizational structuring process, aiding in both operational and financial planning aspects.

[Link to Organizational Structure Page for structure considerations]

AI and Financial Projections

Financial projections are a vital element of a business plan, providing a forecast of future financial performance. AI, especially models like ChatGPT-4, can offer substantial assistance in this area:

  • Brainstorming Financial Components:  AI can help identify various components needed for financial projections, like cost categories, personnel needs, and potential revenue streams.
  • Cost Category Identification:  ChatGPT-4 can enumerate relevant cost categories, ensuring comprehensive coverage, from direct costs to often-overlooked indirect expenses.
  • Staffing and Salary Estimates:  Based on the business model and operational needs, AI can suggest staffing requirements and assist in researching average salaries for budgeting purposes.
  • Revenue Stream Identification:  AI can aid in identifying and analyzing potential revenue streams, offering diverse monetization strategies.
  • Operational Expense Analysis:  ChatGPT-4 can assist in detailed operational expense analysis, considering both fixed and variable costs.

However, it is crucial to supplement AI-generated financial projections with expert human analysis and market research. AI’s role is to enhance brainstorming and planning rather than creating financial models directly. It ensures a solid foundation of well-considered estimates and assumptions for realistic and accurate financial projections.

[Link to Financial Projections Page for financial planning details]

AI and Strategy & Implementation

The Strategy & Implementation section of a business plan focuses on developing practical tactics to generate paying customers. For effective development of this section, a detailed business model, comprehensive company summary, and thorough market research are prerequisites.

  • Marketing Strategy Development:  Using AI, particularly ChatGPT-4, entrepreneurs can analyze the market research data and company information to brainstorm and refine marketing strategies. AI can suggest innovative marketing approaches, identify potential customer segments, and offer insights on effective marketing channels.
  • Promotional Planning:  AI can aid in devising specific promotional tactics, helping to establish clear promotional goals and choose focused promotional methods that align with the product and target audience.
  • Sales Strategy Formulation:  ChatGPT-4 can assist in developing a comprehensive sales approach, including identifying effective sales channels, structuring a sales team, and optimizing the sales process in alignment with the marketing strategy.
  • Customer Service Plan Development:  AI tools can help understand customer needs and expectations, plan for a dedicated customer service team, and choose appropriate service channels. Additionally, they can aid in creating service policies and feedback mechanisms for continuous improvement.
  • Requirements for Other Audiences:  For plans targeting specific audiences like government agencies, AI can help review audience-specific requirements and incorporate them into the Strategy & Implementation section, including financial planning considerations for unique requirements.

[Link to Strategy & Implementation Page for strategy formulation]

AI Limitations & Considerations

Incorporating AI into business planning comes with its own set of limitations and considerations that must be acknowledged:

  • Accuracy and Reliability:  While AI can process and summarize information efficiently, it’s crucial to cross-verify AI-generated data with reliable sources for accuracy.
  • Data Privacy Concerns:  Entrepreneurs need to be aware of the data privacy implications when using AI, especially when handling sensitive customer or business information.
  • Intellectual Property Rights:  Using AI to generate content raises questions about copyright and intellectual property rights, which must be carefully considered.
  • Understanding AI’s Capabilities:  It’s important to have a realistic understanding of what AI can and cannot do, avoiding over-reliance on AI for critical decision-making.
  • Ethical Considerations:  The ethical use of AI in business planning is paramount, ensuring that AI applications align with broader societal values and norms.

[Link to AI Limitations & Considerations for a detailed understanding]

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  • Northern Data-stock
  • News for Northern Data

EQS-News: Successful completion of preset purchase plan for the acquisition of Northern Data Group shares by CEO Aroosh Thillainathan

EQS-News: Northern Data AG / Key word(s): Miscellaneous
Successful completion of preset purchase plan for the acquisition of Northern Data Group shares by CEO Aroosh Thillainathan

06.09.2024 / 22:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


 
 
  Northern Data AG (‘Northern Data Group’; Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87) today announces the successful completion and the results of its CEO Aroosh Thillainathan’s preset share purchase plan.

As announced on 15 August 2024, Mr. Thillainathan placed an irrevocable standing order via its 100% owned family office ART Beteiligungs Management GmbH with a broker to acquire shares in Northern Data Group for a total of up to EUR 10 million in the period from 16 August 2024 to 15 October 2024 (inclusive) at the latest.

During the period from 2 September 2024 to 4 September 2024 (inclusive), the broker purchased a total of 91,719 Northern Data shares for a total purchase price of approx. EUR 2.54 million. The average purchase price amounted to approx. EUR 27.68 per share. The highest price paid in that period was EUR 28.50 per share and the lowest price paid was EUR 26.65 per share.

In total, 370,500 shares have been acquired under the standing order from 16 August 2024 until its completion on 4 September 2024 at a total purchase price of EUR 9,998,461.83 (including fees). The average purchase price amounted to approx. EUR 26.85 per share. The highest price paid under the standing order was EUR 29.55 per share and the lowest price paid was EUR 22.95 per share.

Mr. Thillainathan’s current (direct and indirect) stake in Northern Data Group, including the shares acquired through the broker in the aforementioned period, amounts to 4,959,067 shares, corresponding to approx. 7.72% of the Company’s share capital of EUR 64,196,677.00 after the full implementation of both tranches of the 20% capital increase resolved on 15 July 2024 (the “Capital Increase”). This includes 764,761 new shares already issued to ART Management in mid-August 2024 following the registration of the implementation of the first tranche of the Capital Increase in the commercial register of Northern Data Group. As a result of the implementation of this first tranche of the capital increase, Northern Data Group's share capital has now increased to EUR 59,799,409.00. Northern Data Group assumes that the implementation of the second tranche of the Capital Increase, in which ART Management has subscribed for and will receive further 174,121 new shares, will be registered in Northern Data Group's commercial register, and thus become effective, shortly. With the registration of the full implementation of the second tranche of the capital increase in the commercial register, the share capital of Northern Data Group will increase further to EUR 64,196,677.00. At the same time, this will increase the number of shares held by ART Management by a further 174,121 to 5,133,188 shares and its percentage shareholding in Northern Data Group by a further 0.27% to approx. 8.0%.

Northern Data Group (ETR: NB2) is a leading provider of specialized High-Performance Computing (HPC) infrastructure solutions to businesses and research institutions, utilizing GPU and ASIC-based solutions. Our flexible compute power fuels innovation in our three core business divisions: Taiga Cloud, Ardent Data Centers and Peak Mining. Through our HPC infrastructure, we pioneer ambitious computing innovation that drives progress in the AI, ML and Generative AI industries. Our partnerships with industry-leading manufacturers including Gigabyte, AMD, and NVIDIA are fundamental to the acceleration of innovation across sectors including life sciences, financial services and energy.

Jens-Philipp Briemle
Head of Investor Relations
An der Welle 3
60322 Frankfurt am Main
E-Mail: [email protected]
Telephone: +49 171 557 6989

Language: English
Company: Northern Data AG
An der Welle 3
60322 Frankfurt/Main
Germany
Phone: +49 69 34 87 52 25
E-mail: [email protected]
Internet: www.northerndata.de
ISIN: DE000A0SMU87
WKN: A0SMU8
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 1983573
 
End of News EQS News Service

1983573  06.09.2024 CET/CEST

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