ai tools for business planning

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How it Works

Questionnaire

Respond to a series of targeted questions about your business goals and objectives.

AI Business Plan Generator

The engine analyzes your responses and generates a business plan tailored to your vision.

SBA Approved Business Plan

Receive a detailed, tailored business plan that aligns with your requirements. Ready for funding.

WHO BENEFITS FROM Plannit?

Aspiring Entrepreneurs

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

Business Owners

Back your business with a solid plan that aligns with your vision and goals. Perfect for startups and small businesses.

Educational Institutions

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

Startups Accelerators

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

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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

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 4 and 3.5 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.

Plan Samples

Explore a library of sample business plans we generated to get the idea of what to expect. Currently able to generate viable plans for 50+ industries.

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.

Privacy & Security

Rest assured, your privacy is our top priority, and we're committed to keeping your information safe and confidential.

PLANNIT BUSINESS ECOSYSTEM

Frequently Asked Questions

What is a business plan and why is it important.

• 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.

How to Write a Business Plan?

• 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.

Who Can Benefit from Plannit AI?

• 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.

Why is Plannit AI the best choice for an AI business planning software?

• 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.

How can ChatGPT help me to create business plans?

• 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.

Take The First Step Towards Success With our AI-Generated Business Plans

Plannit For...

AI Business Plan Generator

Create comprehensive business plans with ai.

• Create a startup business plan: Develop a comprehensive business plan for your new startup, covering all key aspects of your business.
• Plan for business expansion: Generate a business plan that outlines your strategy for expanding your existing business into new markets or product lines.
• Prepare for investor meetings: Create a detailed business plan to share with potential investors, showcasing your business's potential and strategy for success.
• Develop a product launch plan: Craft a business plan for launching a new product, detailing your marketing strategy, financial projections, and more.

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6 Best AI-Powered Business Plan Generators (December 2023)

An entrepreneur is, in essence, a maker of plans. Actionable, specific plans for the realization of things that don't yet exist; turning ideas into action.

It sounds simple, but any business owner who has tried to start, build and grow a business knows how tricky this skill can be. Because, let's face it: business is too complicated to simply sit down and make 'one plan, one business plan to rule them all...'.

It's product and marketing plans. It's legal and financials; customer support and content plans. If you're doing it right, entrepreneurship means you are always standing at the edge of your next plan, always in a position to pivot as new information comes in and to update your plans accordingly.

The problem with such dynamic planning is that it takes time. Time to write out your plan. To assess what happened, and reassess if the current gameplan is still the best path. To think through the expected outcomes, costs and ROI.

Let alone making plans for things you're not-so-well-versed in. "I know I should have a Customer Onboarding Plan, but can someone please remind me of best practices again?"

Fortunately, we live in 2023 and some of the most powerful AI models in existence are available to help us with the more mundane and administrative side of business planning; so that you can focus on the strategic inputs and let your new AI-powered tools fill in the details.

In this post, I'll be sharing 6 of the best such AI-powered business plan generators. From tools to help you write out a formal business plan proposal (say, for applying for a business loan) to apps that will guide you through and generate plans for every step of your business building journey.

Let's take a look.

Best AI-Powered Business Plan Generators (2023 List)

• Tarkenton GoSmallBiz

Bizway is a little bit different to the other platforms on this list. From the ground-up, it's built with a simple idea: every task in your business deserves an AI Assistant. And while that absolutely does include business plan writing; it also includes every other step in that process.

When you're planning your business, you'll need some help with a variety of tasks. With Bizway, you can create:

• Market Research Assistants: To help you estimate market size, brainstorm target market segements and help with your pricing;
• Product Experts: To help you brainstorm product ideas, features, and how you'll develop it;
• Social Media Marketing Assistants: To write your content, brainstorm topics and ideas, do keyword research, and whatever else;
• And whatever other roles you need to help perfect your business plan.

This gives you full flexibility and freedom to sharpen your thinking and ideas for your business, before concretizing it in a more formal business plan.

Then, if you do need a more formally written document for an investor or when seeking funding, simply:

• Fill in the Business Model details that you'd like to include;
• Create a custom AI Assistant, name it 'Business Plan Writer' and give it instructions about styling, length and sections;
• Toggle on your new Business Plan Writer Assistant, and simply ask it to 'Write my business plan in full';
• And voila! Your business plan is served;
• Bonus: You can then follow up and ask for specific sections or details to be added/rewritten as you please.

The best part? Bizway doesn't end with a business plan. Once you have your plan, Bizway can serve as your new hub; with a team of custom AI Assistants to help you launch, grow and manage your business going forward.

Try Bizway .

2. LivePlan

Next on our list is LivePlan. This AI-powered tool is best known for its step-by-step guidance and interactive financial forecasting. It features easy-to-use templates and pitch guides, which can be a great starting point for startups and SMEs. LivePlan's Pitch feature helps you to quickly prepare a one-page infographic that highlights your business idea and its profitability to investors.

In addition, LivePlan allows you to benchmark your forecasts against similar businesses, giving you an insight into your competitive standing. The tool's performance dashboard also keeps you updated on your business progress, ensuring you stay on track with your plan.

3. Upmetrics

Upmetrics is an excellent AI-powered business plan generator that offers a plethora of features including a business plan editor, financial forecasting, and a collaboration feature that allows your team to work together on the plan. One standout feature of Upmetrics is its repository of more than 20,000 business ideas, which can provide inspiration for your own venture.

Additionally, Upmetrics has a Business Plan Analytics feature that allows you to analyze your business strategy and optimize your plan for maximum effectiveness. This is an excellent tool for entrepreneurs who want a deeper understanding of their business strategy.

4. IdeaBuddy

IdeaBuddy is a novel AI-powered business plan generator that targets entrepreneurs and startups in the initial stages of planning. The platform takes users through an organized idea development process dubbed "Idea Journey" that includes creating a business concept, building a business model, and planning a budget.

IdeaBuddy also offers an attractive feature named Storyboard. This tool allows you to visualize your business journey and share your vision with potential investors and stakeholders, fostering a deeper understanding of your idea.

5. GoSmallBiz

GoSmallBiz is a comprehensive business plan generator powered by AI. It covers all the essential aspects of a business plan including executive summary, company description, product/service line, and market analysis.

What sets Tarkenton GoSmallBiz apart is its integrated educational resources. With hundreds of business courses and webinars, users can deepen their business knowledge while creating a business plan. The AI tool also includes a real-time performance score that provides immediate feedback on your plan.

Rounding up our list is Bizplan, an AI-powered tool that makes business planning enjoyable with its interactive and easy-to-use interface. Bizplan breaks down the business plan creation process into digestible pieces through its "builder" approach.

Its standout feature is its ability to connect users to a global community of entrepreneurs, Fundable, where you can share ideas and seek feedback. Bizplan also has a robust financial forecasting tool that can help you project revenue, costs, and cash flow.

In conclusion, AI-powered business plan generators are an invaluable resource for entrepreneurs, startups, and small businesses alike. They not only simplify the business plan creation process but also provide insights and features that can significantly boost the success of your venture. With tools like Bizway, LivePlan, Upmetrics, IdeaBuddy, Tarkenton GoSmallBiz, and Bizplan at your disposal, you can confidently create a business plan that is both compelling and investor-ready.

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8 Best AI Business Plan Generators

  For entrepreneurs, time is a commodity as precious as capital. Crafting a business plan is a fundamental step for any startup, yet it can be a daunting and time-consuming task. This is where AI Business Plan Generators come into play, offering a modern solution to an age-old challenge. These innovative tools are designed to streamline the process of creating a comprehensive business plan, allowing entrepreneurs to focus on what they do best innovating and growing their business.

The advent of AI Business Plan Generators has revolutionized the way business plans are developed. By leveraging artificial intelligence, these tools can produce detailed, professional plans with a fraction of the effort traditionally required. They are not just time-savers, they are strategic assets that can enhance the quality of business planning, ensuring that entrepreneurs are equipped with well-structured, data-driven plans to guide their ventures to success.

The Need for AI Business Plan Generator

The need for an AI Business Plan Generator stem from the increasing complexity of the business environment and the intense competition that startups face. A well-crafted business plan is the blueprint for a company’s future, outlining strategies, goals, and the path to profitability. However, the process of creating this document can be overwhelming, especially for those without a background in business development. AI Business Plan Generators alleviate this burden by automating the creation of these essential documents, enabling entrepreneurs to produce professional-looking business plans with ease.

Moreover, these AI tools are not just about efficiency, they are about effectiveness. They can analyze market data, track trends, and provide insights that might be missed by the human eye. This level of analysis is crucial for startups to position themselves advantageously in the market. With an AI Business Plan Generator, entrepreneurs can ensure that their business plans are not only quickly produced but also rich in data-driven insights that can inform better decision-making.

How does AI Business Plan Generator work?

AI Business Plan Generators work by employing advanced algorithms and natural language processing to transform user input into a structured business plan. Entrepreneurs start by providing details about their business idea, goals, target market, and financial projections. The AI then processes this information, utilizing vast databases and market analysis to generate a tailored business plan that aligns with industry standards and best practices.

The process is interactive and iterative, with the AI often prompting the user for additional information to refine the plan further. This collaboration between human creativity and AI’s analytical prowess results in a document that is both comprehensive and customized. The final output is a business plan that not only looks professional but is also imbued with strategic insights, making it a powerful tool for attracting investors and guiding the company’s growth.

8 Best AI Business Plan Generator (Free & Paid)

• PitchBob.io
• Easy-Peasy.AI

How to Choose the Best AI Business Plan Generator?

Choosing the best AI Business Plan Generator requires careful consideration of several factors. First and foremost, the complexity of your business and the specific needs of your startup should guide your selection. A good AI Business Plan Generator should offer a balance between user-friendliness and comprehensive features. It should be intuitive enough for those without extensive business planning experience while providing advanced options for more seasoned entrepreneurs.

Another critical factor is customization. The best AI Business Plan Generators allow for a high degree of personalization, ensuring that the final business plan reflects the unique vision and objectives of your startup. Additionally, consider the level of support and resources provided by the tool. Access to customer service, tutorials, and documentation can be invaluable, especially when fine-tuning your business plan.

Lastly, the cost is an important consideration. While some AI Business Plan Generators are free, others come with subscription fees or one-time charges. Evaluate the pricing structures and determine which offers the best value for your budget. Remember, the goal is to find a tool that not only fits your financial constraints but also empowers you to create a business plan that can propel your startup towards success.

AI Business Plan Generator

ProAI is a cutting-edge AI business plan generator that leverages artificial intelligence to provide strategic recommendations for businesses. It is designed to create tailored business plans in a matter of days, offering a data-driven approach to growth and strategy. ProAI’s unique selling point is its ability to provide insights based on its experience advising over 3,600 clients, integrating proprietary data into your plan to identify key opportunities and risks. It assists businesses in evaluating new markets, products, and revenue streams, ensuring they achieve critical milestones to maximize their potential.

What does ProAI do?

ProAI is a tool that helps businesses strategize without guessing. It uses artificial intelligence to generate a tailored business plan, providing strategic recommendations based on insights from its extensive client base. ProAI helps businesses determine key opportunities and risks with proprietary data integrated into their plan, providing guidance based on the company’s objectives and needs. It also assists businesses in evaluating new markets, products, and revenue streams, ensuring they achieve critical milestones to maximize their potential.

ProAI Key Features

Data-Driven Growth : ProAI uses proprietary data to help businesses identify key opportunities and risks, providing a data-driven approach to growth.

Strategic Recommendations : Based on insights from advising over 3,600 clients, ProAI provides strategic recommendations tailored to your business needs.

Evaluation of New Markets : ProAI assists businesses in evaluating new markets, helping them to expand and grow.

Product and Revenue Stream Evaluation : ProAI helps businesses evaluate new products and revenue streams, ensuring they are making the most of their potential.

Tailored Business Plans : ProAI generates a tailored business plan in a matter of days, saving businesses time and effort.

Achievement of Critical Milestones : ProAI ensures businesses achieve critical milestones, helping them to maximize their potential.

ProAI Pricing Plans

ProAI offers three different pricing plans to meet the diverse needs of businesses. Users require to contact ProAI team for pricing information:

Standard Plan : The Standard Plan is designed to get businesses running, providing all the essential features of ProAI.

Premium Plan : The Premium Plan offers more power and confidence, providing additional features for businesses that need a little extra.

Agency Plan : The Agency Plan is designed for business consultants and agencies, offering enhanced features to meet their specific needs.

ProAI accepts debit and credit cards for payments.

2. LivePlan

LivePlan emerges as a beacon for entrepreneurs aiming to navigate the complex terrain of AI business plan generators and execution. With its roots deeply embedded in aiding over a million entrepreneurs to plan, fund, and grow their ventures, LivePlan stands out for its innovative approach towards eliminating the dread of writer’s block through its AI-Powered LivePlan Assistant. This platform is not just about drafting business plans, it’s a comprehensive ecosystem designed to transform your business dreams into achievable realities. By offering a plethora of sample business plans across various industries, LivePlan ensures that entrepreneurs have a clear vision of what their final plan should encompass. Moreover, its unique One-Page Pitch creation tool and simplified process for building financial forecasts demystify the planning process, making it accessible to all. LivePlan doesn’t stop at planning, it advocates for a shift towards growth planning, a testament to its commitment to evolving with entrepreneurial needs and ensuring the success of its users.

What does LivePlan do?

At its core, LivePlan simplifies the daunting task of business planning and financial forecasting for entrepreneurs and small business owners. By providing a user-friendly platform, it assists users in crafting professional business plans that are both lender-ready and investor-friendly. LivePlan’s strength lies in its ability to guide users through each step of the planning process with clear, step-by-step instructions, eliminating guesswork. The platform is equipped with tools for creating detailed financial forecasts, budgeting, and assessing financial performance, all while offering the flexibility of integrating with popular accounting software like QuickBooks and Xero. Its performance dashboard and the LivePlan Assistant further empower users to make informed, data-driven decisions. Whether you’re looking to clarify your business ideas, secure funding, or strategize for growth, LivePlan provides the tools and resources to achieve your business goals efficiently.

LivePlan Key Features

Step-By-Step Instructions : LivePlan breaks down the business planning process into manageable steps, ensuring that even those new to business planning can create comprehensive and professional plans.

Financial Forecasts & Scenarios : The platform offers robust tools for creating detailed financial forecasts, allowing users to explore various financial scenarios and their potential impacts on their business.

Budgeting & Financial Performance : LivePlan simplifies budgeting and tracking financial performance, making it easier for businesses to stay on top of their finances and make adjustments as needed.

Cash Flow Forecasting : With LivePlan, users can forecast their cash flow with ease, ensuring that they have a clear understanding of their financial health and liquidity at any given time.

Performance Dashboard : The dashboard provides a real-time overview of a company’s financial performance, helping users monitor progress towards their goals and make data-driven decisions.

QuickBooks & Xero Integration : LivePlan integrates seamlessly with QuickBooks and Xero, allowing for easy import of financial data and simplifying the financial planning and management process.

LivePlan Pricing Plans

LivePlan offers two main pricing plans to cater to the diverse needs of its users.

Standard Plan : This plan, priced at $20 per month ($15 per month when billed annually), is designed for individuals or businesses in need of a professional business plan. It includes step-by-step instructions, lender-ready financial statements, a full financial forecast, a one-page pitch builder, access to over 550 sample plans, the LivePlan Assistant, and a personal onboarding call. The pricing for this plan is structured to offer flexibility, with options for monthly or annual payments.

Premium Plan : Aimed at businesses seeking to make confident decisions with additional support, the Premium Plan, priced at $30 per month ($20 per month when billed annually), builds on the Standard Plan by offering advanced features such as industry benchmark data and the ability to create multiple financial forecasts. This plan is ideal for businesses looking for deeper insights and more comprehensive planning tools.

LivePlan accepts various payment methods, including debit and credit cards, and PayPal, ensuring convenience for its users.

3. Planpros

Planpros stands out as a sophisticated AI business plan generator designed to simplify the complex process of crafting a business plan. It caters to entrepreneurs and business consultants who seek a streamlined, efficient approach to developing professional business plans. With its user-friendly interface and advanced features, Planpros transforms what was once a time-consuming task into a more manageable and even enjoyable experience. It is praised for its speed and ease of use, making it a top choice for anyone in need of a business plan.

What does Planpros do?

Planpros leverages artificial intelligence to assist users in creating detailed business plans. It understands the critical components that must be included and ensures that each section communicates the necessary information effectively. This AI business plan generator is not just a template-filler, it’s a comprehensive tool that guides users through the planning process, providing insights and expertise that rival traditional methods. Planpros is particularly valuable for its ability to generate full financial projections, a crucial element for entrepreneurs seeking funding.

Planpros Key Features

Ease of Use : Planpros is designed with a focus on user experience, ensuring that even those with minimal business planning experience can navigate and utilize the software effectively.

Comprehensive Financial Projections : The tool includes robust financial projection capabilities, which are essential for securing funding and understanding the financial outlook of the business.

AI-Powered Efficiency : By harnessing the power of AI, Planpros significantly reduces the time and effort required to produce a business plan compared to traditional methods.

Customization : Users can fully customize their business plans, ensuring that the final product is tailored to their specific business needs and goals.

Up-to-Date Plans : The software allows for easy updates, so business plans can remain current and evolve alongside the business.

Free Trial : Potential users can test-drive Planpros without any initial investment, providing an opportunity to assess the software’s capabilities firsthand.

Planpros Pricing Plans

Planpros offers a variety of pricing plans to accommodate different user needs and budgets.

Starter Plan : This plan, priced at $25 per month ($15 per month when billed annually), is ideal for those new to business planning, offering the basic tools needed to create a professional business plan.

Professional Plan : For more advanced users, this plan, priced at $45 per month ($27 per month when billed annually), includes additional features such as more comprehensive customization options and the ability to keep business plans up-to-date with the latest information.

Planpros accepts various payment methods, including debit and credit cards, and PayPal, providing flexibility for users when it comes to purchasing their preferred plan.

Bizplan stands out as a comprehensive AI business plan generator designed to assist startups and small businesses in crafting detailed business plans with ease. It simplifies the complex process of business planning by providing a suite of tools that cater to various aspects of creating a business plan, from financial projections to scenario planning. Bizplan’s integration with platforms like Fundable.com further enhances its value proposition by offering users the ability to raise capital directly through the software. Its cloud-based nature ensures accessibility across devices, making it a versatile choice for entrepreneurs on the go.

What does Bizplan do?

Bizplan serves as a dynamic platform that streamlines the creation of business plans for entrepreneurs and small business owners. It offers a guided step-by-step process that demystifies the intricacies of financial modeling and strategic planning. Users can collaborate in real-time, share documents with stakeholders, and access a wealth of resources including video tutorials and expert advice. Bizplan’s financial tools are designed to be user-friendly, allowing those without a finance background to create professional and accurate financial forecasts, making it an invaluable tool for anyone looking to start or grow a business.

Bizplan Key Features

Financial Modeling Tools : These tools enable users to create detailed revenue and cost forecasts, cash flow projections, and profit/loss statements. They are designed to be intuitive, catering to users who may not have a deep background in finance.

Executive Summary Builder : This feature guides users through crafting a compelling executive summary, which is a critical component of any business plan, designed to capture the attention of potential investors or stakeholders.

Pitch Deck Creator : Bizplan provides users with the tools to create a professional pitch deck, an essential for startups seeking investment.

Document Sharing and Centralized Dashboard : The platform allows for easy sharing of documents and a centralized dashboard for efficient management of the business plan.

Integration with Major Services : Bizplan integrates with services like Office 365, G Suite, QuickBooks, Xero, Stripe, and PayPal, streamlining the planning process by connecting with tools businesses already use.

Access to Expert Advice : With a subscription, users gain access to over 20,000 experts across various fields, which can be invaluable for getting specific questions answered or for general guidance.

Bizplan Pricing Plans

Bizplan offers a range of pricing plans to suit different needs, including Monthly, Annual, and Lifetime Access options.

Monthly Plan : This plan, priced at $29 per month, is designed for those who prefer a short-term commitment, offering full access to Bizplan’s features on a month-to-month basis.

Annual Plan : For users looking for a longer-term solution, the annual plan, priced at $20.75 per month billed annually, provides a discounted rate compared to the monthly plan, billed once a year.

Lifetime Access : The lifetime access plan is a one-time payment option of $349 that gives users unlimited access to Bizplan’s features for the lifetime of the product.

Each plan includes access to Bizplan’s suite of tools, including financial modeling, document sharing, and pitch deck creation. Payment can be made using debit and credit cards, or bank wire transfer.

5. Upmetrics

Upmetrics is a dynamic, AI business plan generator designed to assist entrepreneurs and small business owners in creating effective business plans. It offers a simple, flexible tool that aids in accelerating business growth through strategic planning, forecasting, and collaboration. Upmetrics is designed to convert great business ideas into reality, providing a comprehensive suite of features to plan, fund, and grow your business.

What does Upmetrics do?

Upmetrics serves as a comprehensive business plan builder, offering AI assistance to help users write their business plans with ease. It provides a library of over 400 sample business plans across various industries to help users get started. The platform also offers real-time collaboration features, allowing teams to work together seamlessly. Upmetrics is not just a business plan creator, it also offers financial forecasting tools, a pitch deck creator, and a variety of business models to help businesses strategize and grow.

Upmetrics Key Features

AI Assistance : Upmetrics offers AI assistance to help users write their business plans. It can auto-write, rewrite, shorten, expand, or even change the tone of the business plan, making the process more efficient and less time-consuming.

Business Plan Builder : Upmetrics provides a robust business plan builder that allows users to create comprehensive and professional business plans. It also offers over 400 sample business plans to help users get started.

Financial Forecasting : Upmetrics includes financial forecasting tools that help businesses plan their finances effectively. These tools can aid in creating detailed financial projections and forecasts.

Pitch Deck Creator : Upmetrics features a pitch deck creator that helps businesses create compelling pitch decks to attract investors and stakeholders.

Business Models : Upmetrics provides a variety of business models that businesses can use to strategize and plan their growth.

Collaboration Tools : Upmetrics offers real-time collaboration tools that allow teams to work together seamlessly on their business plans.

Upmetrics Pricing Plans

Upmetrics offers two main pricing plans: the Starter Plan and the Premium Plan.

Starter Plan : The Starter Plan is priced at $7 per month when billed annually. It is designed for individuals or small teams who are just starting their business planning journey.

Premium Plan : The Premium Plan is priced at $14 per month when billed annually. This plan is designed for larger teams or businesses that require more advanced features and capabilities.

Upmetrics accepts payments through debit and credit cards.

Enloop stands out as a dynamic and user-friendly online AI business plan generator designed to simplify the complex process of business plan creation. It offers a suite of tools that cater to both novices and seasoned entrepreneurs, aiming to transform the daunting task of business plan writing into a more manageable and efficient experience. Enloop’s system is engineered to guide users through each step, ensuring that the final product is not only comprehensive but also tailored to meet the expectations of potential investors and financial institutions.

What does Enloop do?

Enloop serves as an automated business plan generator that leverages artificial intelligence to craft personalized business plans. The platform’s core functionality revolves around its ability to generate customized text, which users can then edit to suit their specific business needs. Enloop’s sophisticated algorithms also integrate financial data into the text, providing real-time updates and ensuring consistency across the document. This seamless synchronization between textual and financial elements is designed to produce a cohesive and professional business plan that can withstand the scrutiny of stakeholders and lenders.

Enloop Key Features

Automated Text Writing : Enloop’s automated text writing feature generates customized content that users can modify. This tool is particularly beneficial for those who may not be adept at articulating business concepts, as it provides a solid foundation upon which they can build and refine their business plan.

Financial Ratios Analyzed : The platform offers analysis of 16 critical financial ratios, comparing forecasted performance with industry peers. This insight is invaluable for understanding a business’s financial health and positioning in the market.

Real-Time Performance Score : Users receive a real-time performance score that reflects the strength of their business plan. This scoring system motivates users to improve their plans and, by extension, their potential business outcomes.

Automatically Generated Financial Reports : Enloop not only generates financial forecast reports but also explains them, making complex financial data accessible and understandable for entrepreneurs.

Pass/Fail Report and Certificate : The platform provides immediate feedback on critical issues through its pass/fail report, allowing users to make necessary adjustments before these issues manifest in the real world.

Country Currency Formatting : With over 100 currency symbols and number formatting options, Enloop caters to a global user base, ensuring that financial data is presented in a format that is familiar and relevant to the user’s location.

Enloop Pricing Plans

Enloop offers a variety of pricing plans to accommodate the diverse needs of its users.

7-Day Plan : This plan is designed for those who wish to test the waters before committing to a longer-term option. It includes basic features such as automated text writing and financial forecasting.

Detailed Plan : Aimed at users requiring more in-depth analysis, this plan, priced at $19.95 per month ($11 per month when billed annually), offers additional financial details and the ability to analyze more ratios, providing a more comprehensive understanding of the business’s financial prospects.

Performance Plan : For the most ambitious users, the Performance Plan, priced at $39.95 per month ($24 per month when billed annually), includes all the features of the Detailed Plan, along with enhanced collaboration tools and advanced performance scoring to help finetune the business plan to perfection.

Enloop accepts various payment methods, including debit and credit cards.

7. PitchBob.io

PitchBob.io emerges as a sophisticated platform designed to streamline the process of business plan creation for startups and entrepreneurs. At its core, PitchBob.io harnesses the power of artificial intelligence to distill complex business ideas into polished, investor-ready business plans. This service acts as a virtual business analyst, engaging users in a detailed dialogue to extract the essence of their business concept, which it then meticulously crafts into a comprehensive 20-page document. The platform prides itself on its ability to save users time and resources typically spent on consulting services, offering a cost-effective solution that equates to the price of a few team pizzas.

What does PitchBob.io do?

PitchBob.io serves as an AI-driven co-pilot for startups and entrepreneurs, providing a suite of tools to enhance and evaluate business ideas. The platform’s capabilities extend beyond business plan generation to include the creation of pitch decks, investor letters, and startup one-pagers. PitchBob.io leverages a decade of human experience in startup deck creation to help users articulate their business ideas with clarity and precision. With its web-based accessibility, PitchBob.io enables users to create and edit their pitch materials from any device, ensuring that their presentations are persuasive and tailored to the expectations of potential investors.

PitchBob.io Key Features

Idea Formulation : PitchBob.io guides users through a series of targeted questions, aiding in the structuring and articulation of their business concepts.

Instant Deck Creation : The platform boasts the ability to generate professional pitch decks swiftly, translating user inputs into a structured template ready for immediate use.

Idea Improvement : PitchBob.io offers advice and suggestions for each response, teaching users how to refine their ideas for maximum impact.

VC-Style Coaching : Users receive coaching akin to venture capitalist questioning, preparing them for real-world investor interactions.

Deck Evaluation and Feedback : The service includes a critical analysis of pitch decks, providing constructive feedback to enhance content and presentation quality.

Export Options : PitchBob.io allows users to export their pitch decks in various formats, including PDF, PowerPoint, and Keynote, facilitating easy sharing with investors.

PitchBob.io Pricing Plans

PitchBob.io offers three distinct pricing plans to cater to a range of needs and budgets.

Basic Plan : This plan, priced at $19.90 per month, optimizes user responses for presentation templates using AI, suitable for those seeking a straightforward enhancement of their pitch materials.

Advanced Plan : Building on the Basic Plan, the Advanced Plan includes AI recommendations and advice to further refine presentation content and priced at $39.90 per month.

Pro Plan : The Pro Plan, priced at $59.90 per month, offers the most comprehensive support, with alternative versions of answers and in-depth content enhancement for a polished final product.

PitchBob.io accepts various payment methods, including debit and credit cards, PayPal, and bank wire transfers, providing flexibility for users to choose their preferred payment option.

8. Easy-Peasy.AI

Easy-Peasy.AI is a versatile AI content generator designed to streamline the process of creating business plans and other types of content. It leverages advanced AI technology to provide a user-friendly platform that caters to startups, small businesses, and even individual content creators. The platform is designed to help users create high-quality content efficiently, saving them time and effort.

What does Easy-Peasy.AI do?

Easy-Peasy.AI is a comprehensive AI content tool that assists with a variety of writing tasks. From generating business plans, creating resumes, composing emails, to crafting social media content, Easy-Peasy.AI is equipped to handle it all. It offers over 170 templates, making it a versatile tool for different content creation needs. The platform also provides solutions for generating product descriptions, podcast titles, and even personalized love letters for special occasions. It’s not just a content generator, but a tool designed to enhance creativity and efficiency.

Easy-Peasy.AI Key Features

User-Friendly Interface : Easy-Peasy.AI boasts a simple and intuitive interface that allows users to create long-form content and generate custom text for their needs.

Variety of Templates : With over 170 templates, users can create almost any content, from business plans to social media posts.

AI Chat Companion : Easy-Peasy.AI features a friendly AI buddy named Marky that users can interact with in natural language to get the answers they need.

Language Support : With support for over 35 languages, Easy-Peasy.AI ensures that users can reach a global audience without language barriers.

Audio Transcription : Transcribe audio effortlessly with Easy-Peasy.AI’s advanced transcription features.

Environmental Commitment : Easy-Peasy.AI contributes 1% of purchases to remove CO₂ from the atmosphere, showcasing a commitment to environmental responsibility.

Easy-Peasy.AI Pricing Plans

Easy-Peasy.AI offers a range of pricing plans to suit different needs. Here are the available plans:

Free Plan : This plan offers basic features with limited usage.

Basic Plan : Priced at $4.99/month, this plan offers expanded features.

Unlimited Plans : Starting at $9.99/month, these plans offer unlimited usage and access to all features.

Easy-Peasy.AI accepts debit and credit cards, PayPal, and bank wire transfer for payments.

FAQs on AI Business Plan Generator

What is an ai business plan generator.

An AI Business Plan Generator is a sophisticated software tool that leverages artificial intelligence to assist entrepreneurs in creating detailed, data-driven business plans. By inputting basic information about their business idea, users can receive a comprehensive plan that includes market analysis, financial projections, and strategic insights, all tailored to their specific needs.

Who can benefit from using an AI Business Plan Generator?

Virtually anyone planning to start a business can benefit from using an AI Business Plan Generator. This includes first-time entrepreneurs, seasoned business owners looking to venture into new markets, and even students or professionals working on business-related projects or coursework.

How accurate are the business plans generated by AI?

The accuracy of a business plan generated by AI largely depends on the quality of the input provided by the user and the sophistication of the AI’s algorithms. Most advanced generators are designed to produce highly accurate and relevant plans by analyzing vast amounts of market data and trends.

Can AI Business Plan Generators replace human consultants?

While AI Business Plan Generators can significantly streamline the process of creating a business plan, they may not entirely replace the need for human consultants, especially for complex or highly specialized businesses. Human consultants can offer insights, creativity, and expertise that are currently beyond the scope of AI.

Are there any free AI Business Plan Generators available?

Yes, there are several free AI Business Plan Generators available online. However, the features and capabilities of free versions may be limited compared to paid subscriptions, which offer more advanced functionalities and customization options.

How do AI Business Plan Generators handle financial projections?

AI Business Plan Generators handle financial projections by using algorithms to analyze market data, historical financials, and industry benchmarks. Users typically need to input basic financial information, and the AI then extrapolates this data to create detailed projections.

Can I customize the business plan generated by AI?

Yes, most AI Business Plan Generators allow for a degree of customization. Users can often edit sections, add personal insights, and adjust financial projections to better reflect their vision and strategy.

How long does it take to generate a business plan with AI?

The time it takes to generate a business plan with AI can vary from a few minutes to several hours, depending on the complexity of the business and the level of detail required. Generally, the process is significantly faster than creating a plan manually.

Is my data safe when using an AI Business Plan Generator?

Reputable AI Business Plan Generators implement robust security measures to protect user data. However, it’s essential to review the privacy policy and security practices of the tool before inputting sensitive information.

How often should I update my AI-generated business plan?

It’s advisable to update your business plan regularly, at least once a year or whenever significant changes occur in your business or the market. AI Business Plan Generators can facilitate this process by making it easier to adjust and regenerate plans as needed.

Embarking on the journey of entrepreneurship requires a solid foundation, and a well-crafted business plan is a cornerstone of that foundation. AI Business Plan Generators represent a leap forward in how entrepreneurs approach this critical task, combining the efficiency of technology with the depth of strategic planning. These tools not only save time but also enhance the quality of business plans by incorporating data-driven insights and market analysis.

As the business landscape continues to evolve, the integration of AI into the planning process will become increasingly important. Entrepreneurs who leverage these tools effectively will find themselves better equipped to navigate the complexities of starting and growing a business. In the end, the goal of any business plan is to pave the way for success, and AI Business Plan Generators are becoming an indispensable ally in achieving that goal.

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12 AI Business Plan Generators to Start Any Business in 2024

15MinutePlan

Wordkraft ai, beautiful ai.

• Brixx Plan Software

Useful ChatGPT prompts for writing a business plan

Tips for using chatgpt to create a business plan, how to make sure the ai-generated business plan is good enough.

Hello! My name is Arto Minasyan, I’m the Founder and CEO here at 10Web, and a Co-Founder at Krisp. I’ve earned a PhD in Mathematics, in addition to a BA and Master’s in Physics, as well as an MBA. I am a serial entrepreneur, and I know that crafting a business plan can seem like a daunting task. 

However, whether you are launching a new business or seeking growth for your current venture, it’s vital to communicate your vision in a thorough business plan.

That’s why I’m excited to share this list of AI business plan generators alongside a few personal tips that I think will inspire you and aid you in creating a well-structured and detailed business plan.

12 AI business planners to help you start your business fast

Generate and refine an executive summary.

Free Plan Paid plan: From 12$ / month

Key features

• AI-generated, customizable business plans.
• AI-assisted enhancing and editing.
• Efficient process with only 4 questions.

Grammarly’s AI Business Plan Generator is a tool designed to assist aspiring entrepreneurs in creating an Executive Summary for their business plans. This tool is a part of Grammarly.com’s suite of AI-assisted writing and proofreading tools. It’s specifically tailored to generate business plans suitable for various types of businesses, leveraging Grammarly’s expertise in enhancing writing quality through AI-driven suggestions.

The AI Business Plan Generator operates in a straightforward and user-friendly manner. Users start by answering a few questions describing their business, including marketing and financial details and competitor information. With only 4 questions to answer, the more detail you can provide, the better the generated results will be for your business plan.

Once Grammarly generates the business plan, you can use its familiar tools to adjust the text for formality, tone, and length, in addition to the usual suggestions for grammatical improvements. The generated draft includes sections with customized, more fully developed plans that reflect your original responses, allowing you to focus more on refining ideas and less on the intricacies of writing.

Detailed AI-generated business plans.

Free to try Paid plan: From 99$

• Quick, AI-generated plans.
• ChatGPT 4 available.
• Detailed business plans.
• Editable via "Talk To Plan".

15minuteplan.ai is an AI-powered tool designed to create professional business plans quickly and efficiently.  While it aims to help anyone who needs a business plan, with its ability to personalize financial statements and plans, it might be of particular interest to those seeking investor or bank funding.

This AI business plan generator relies on GPT-3.5 and GPT-4 to draw upon a vast array of deep sources, significantly reducing the time and effort traditionally required to create a business plan.

As described, the process of creating a business plan with 15minuteplan.ai takes about – you guessed it – 15 minutes. Users begin by answering seven critical questions that cover the business plan’s purpose, descriptions of products or services, target customer groups, drivers of success, weaknesses, budget and spending plans, and financial details. The handy AI-assisted suggestions can really speed up this Q & A part of the process. 

Based on these responses, the tool generates a detailed business plan encompassing various elements such as an executive summary, industry overview, SWOT analysis, marketing strategies, segmentation, targeting, positioning (STP), product strategy, operations plan, management roles, financial projections, and risk mitigation strategies. 

While access to the full business plan requires signing up, 15minuteplan.ai offers a substantial preview of the generated business plan to get an idea of what’s included. Additionally, the platform features a unique “Talk To Plan” option, allowing users to easily edit their AI-generated plans by specifying the changes they want, which the AI then integrates effortlessly. This system streamlines the entire process of business plan generation, making it more accessible and less time-consuming.

AI-enhanced business plan templates.

Free plan Paid plan: From 20$ / month

• AI-assisted template interface.
• Customizable business plan sections.
• AI generated content options.
• Flexible tone and style settings.

As the name suggests, Copy AI is an AI writing assistant leveraging AI’s power and natural language processing. Copy AI allows you to write almost anything, from optimized blog content to digital ad copies, eCommerce copies, sales copies, social media content, and more. 

You can also use Copy AI as an AI business plan generator for almost any kind of business by logging in and selecting from a range of premade templates available online .  

Once you have selected a business plan template, you’ll be prompted to fill in the following details: 

• Your business name 
• A description of the problem your business solves
• A description of how your business will solve that problem
• The target market description
• Revenue model description

Besides providing you with a variety of business templates,  Copy AI allows you to customize details such as the tone of your content and more. 

AI-assisted business plan writing.

Free plan Paid plan: From 29$ / month

• Utilizes GPT-3.5 for content generation.
• Customizable business plans available.
• AI-assisted editing for refinement.

WordKraft is an AI-powered web application for generating optimized, authentic and high-quality content for various needs, such as marketing, blogs, and social media. Like many AI tools, Wordkraft runs on the powerful large language model GPT-3.5. 

You can also use Wordkraft’s free business plan template to generate a draft . Using the Wordkraft template, you’ll be asked to enter details about your business to guide the AI tool when generating the business plan.

Some details you’ll have to provide include an introduction of the business, the benefits, how the business solves the problem, the market for this product or service, and how to reach the target audience and make business.

Wordkraft is an excellent AI business plan generator for entrepreneurs looking for an easy-to-use interface and access to advanced features such as language and tone of voice options. This AI business planner generator also allows you to select the level of creativity that you need.

Generate presentations based on text prompts.

No Free plan available. Paid plan: From 12$ / month

• Professional slides, powered by AI.
• Design prompts for presentations.
• AI-generated content tools.
• Smart, auto-created templates.

Beautiful AI is a generative ai presentation software that enables businesses to create stunning presentations with minimal effort. With Beautiful AI you can access modern and creatively designed templates that you can use to jumpstart your presentations.

Luckily, Beautiful AI prowess extends as a business plans presentation and AI business plan generator.  Using Beautiful AI, you can create elegant business plans and presentations by selecting from a collection of quality templates. 

Beautiful AI gives you access to 100+ templates. You also don’t need any design skills to create a beautiful presentation or a business plan.

AI tool collection for documents & media.

• AI tools for documents, graphics, media.
• Enter plan details to generate.
• Suitable for diverse business types.

Simplified is a collection of AI-powered tools that can help individuals or businesses of any size easily accomplish some tasks. Some of the tools offered by Simplified AI include an AI presentation maker, image generator , AI writer, AI content rewriter, image resizer, and more.

Among the many AI capabilities of Simplified is also an AI business plan generator. Using Simplified, small businesses can generate a business plan using the templates provided. These templates already contain the outline and structure of how the business plan should look. All you have to do is select the desired tone and the output language.

Alternatively, you can open Simplified AI Writer and start on a blank canvas. However, you must give context and instructions on the business plan you want to generate.

Simplified has many built-in tools , such as Grammarly and graphic design , video editing, and image generation capabilities. Leverage these tools to create stunning customizable design templates, photo, video, and graphic assets for your business plan and other business needs.

AI-assisted note-taking and templates.

Free plan Paid plan: From 10$ / month

• Especially helpful for Notion users
• AI integrated note-taking system.
• Customize business plan templates with AI.

Notion AI is a productivity and workspace application capable of doing so many functions. You can use Notion as a project management app for note-taking and docs management, setup team spaces, and so much more. 

While Notion is not specifically designed as an AI business planner, it includes features that can help accomplish so much in that area. Notion AI can help you design quality, interactive, and shareable business plans using templates. You do not have to start from scratch while designing your business plan.

If you have a team, Notion makes this even better. Your team members can collaborate and contribute ideas seamlessly. You can also leave feedback and integrate many useful tools such as Google Docs, Trello, and Slack. 

AI apps for different purposes.

• Collection of easy-to-use AI tools.
• Minimal interface, powerful tools.

Cookup AI is a database of AI tools that you can use to achieve different tasks. Designed with non-technical users in mind, Cookup AI enables users to filter through the thousands of AI tools available and find exactly what they are looking for instead of navigating from site to site.

Among the collection of AI tools by Cookup AI is an AI business plan generator. Cookup AI business plan software is designed with a minimal interface allowing users to generate comprehensive business plans that outline their business goals, strategies, and objectives.

Remember to provide enough context and information about your business in a descriptive way to enable the  Cookup AI business plan generator to get the details of your business plan right. 

Using Cookup AI, your business can save a lot of time and effort as it is straightforward. However, you should work closely with your team members to ensure the business plan accurately reflects your business visions and goals.

Collaborative Business Plan Development.

Free plan Paid plan: From 8$ / month

• Cloud-based collaborative documents.
• Real-time collaboration, editing, sharing.
• Embeds multimedia in business plans.
• Free and premium template options.

Bit AI is a cloud-based collaboration platform that allows multiple teams within organizations spread around the globe to collaborate and organize and manage documents all in one place . Some of the documents that you can manage include wikis, knowledge bases, projects, client deliverables, technical docs, training guides, and client portals.

Using a set of prebuilt templates , you can also use Bit AI to create a modern business plan for your new business venture. Apart from access to high-quality business plan templates, using Bit AI  allows you to collaborate in real-time, create responsive and private documents, interlink business plan documents, and track engagements on the document.

Using Bit AI, you can also make your business plan more engaging by embedding web links, lucid charts, draw.io, Figma, Youtube, Vimeo, Airtable, Google Sheets, and more.

Bit AI has a free business plan template to get you started. You can also access over 65 smart slide templates to help you with your design.

AI platform designed specifically for business plans.

No Free plan available Paid plan: From 20$ / month

• Collection of tools for business plans
• Pro plan review & guidance available.
• Quick start for many business categories.
• AI LivePlan assistant.

LivePlan is a business planning software with a set of different features to help you set up your business and tools to support you every step of the way. LivePlan is an automated business plan creation software that works for any type of business at any stage. 

LivePlan breaks the business plan-building process into simple steps that are easy to follow. Its templates also conform to the usual business plan structure but can be customized as you deem fit. 

LivePlan is an excellent AI business planner due to its large collection of templates and customizability. Remember to take advantage of its financial forecasting and performance tracking features.

The leading AI-based chatbot.

Free plan Paid plan: 20$ / month

• Communicates in human-like language.
• Summarizes intricate subjects.
• Useful for composing, researching, inventing.
• Integrated with Microsoft Bing.

ChatGPT is a revolutionary chatbot powered by machine learning and natural language processing that can replicate human-like conversations. But can ChatGPT write a business plan? 

The short answer is yes, ChatGPT writes a business plan. Although ChatGPT is not specifically designed as an AI business plan software, through a series of prompts with information about your business, it is a great tool for brainstorming, researching, and creating a business plan draft . 

While ChatGPT can generate huge amounts of text, it is wrong to expect it to generate the whole business plan immediately. To use ChatgGPT effectively when generating your business plan, you should understand the various parts of your business plan. Once you understand these sections, you can ask ChatGPT to draft content and guidelines for each section.

Alternatively, you can ask ChatGPT to generate an outline for your business plan. Based on this outline, you can instruct it to draft each part based on your provided information. More on this later.

Brixx Planning Software

Financial forecasting and planning.

Free plan Paid plan: From 13$ / month

• In-depth financial forecasting.
• Suitable for various business sizes.
• Real-time collaboration and scenario testing.
• Combine with ChatGPT for best results.

Brixx software is a f inancial forecast software for cash flow, budgeting, and business planning. 

Apart from that, Brixx is also a business planning software that businesses can use to create a formal business plan that outlines the goals and objectives of their business and a roadmap to achieve them. If you’re curious about AI financial planning for business plans, then Brixx AI business planner might just be the tool you need. 

With Brixx, entrepreneurs can communicate their business goals to stakeholders or share funding requirements with potential investors. If you already have a business running, you can use Brixx to monitor and forecast your business’s financial well-being to ensure it remains on track.

Finally, Brixx software can be integrated with AI tools like ChatGPT to create powerful AI business plan software. You can create a more comprehensive and accurate business plan using this combination.

How to write a business plan with ChatGPT: tips and prompts

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To begin with,  you need to generate an outline for your business plan. ChatGPT can help generate one by running a simple prompt with context about your business.  

1. Generating a business plan outline

Prompt : Generate a business plan outline for a  business selling “X services/products” to other small and medium businesses. 

Using this prompt, we have generated a well-structured business plan outline. The outline contains some of the most important topics you should address in your such as the following:

• Executive Summary
• Company Description
• Market Analysis
• Services and Pricing
• Sales and Marketing Strategy
• Operations and Management
•  Financial Plan

With ChatGPT, you can now generate a draft of each section above. Be keen to provide content in each section to allow ChatGPT to generate content with more precision.

2. Generating executive summary

Prompt : Create a brief overview of the executive summary of “Business X“ and its mission statement.

Other prompts you can use include:

• Discuss the target market and how “business X“ plans to meet their needs.
• Highlight the company’s unique selling proposition (USP) and competitive advantage in the “ X industry”.

3. Performing a market analysis

Prompt :  Write and market research section for my “x” business plan. Please identify the “X” services’ target market. Remember to identify any market trends or changes that may affect the demand for “X” services and estimate the market size and growth potential for the “X” industry.

4. Competition analysis

Prompt: Generate a competition analysis for my business that offer “X” services. Identify competitor strengths and weaknesses.

5. Generating a sales and marketing strategy

Prompt: Generate a sales and marketing strategy for my “X  business”. Include sales tactics, strategies for closing deals, and customer retention strategies.

6. Operations and management

Prompt : Discuss the details of operations for my business plan, such as “X” infrastructure and technology to use, service level agreements, and customer support policies and procedures.

7. Generating a financial plan

Prompt: Generate revenue and sales forecasts, cost structure, and expense projections. Include a break-even analysis and profitability forecasts, funding requirements, and potential funding sources.

8. Conclusion

Prompt: Generate a conclusion to recap the business plan and a call to action for potential investors and customers.

In the section above, we discussed some ChatGPT prompts you can use to brainstorm or generate a draft of a business plan. While most of the outputs sound convincingly accurate and well structured, cross-check every detail and customize the plan accordingly.

ChatGPT is a great tool for business owners and individuals researching and drafting a business outline.  Here are some tips to help you get the most out of ChatGPT when generating your business outline: 

• Be as descriptive as possible when describing your business ideas and goals to help ChatGPT understand your business better. 
• Use keywords relevant to your business to help ChatGPT understand the content of your business.
• Provide detailed information about your competition, products and services, financial projects, and target marketing. Feeding ChatGPT with generic prompts will only generate generalized suggestions that may not be actionable.
• Use ChatGPT as a tool: While ChatGPT is a valuable tool for researching new ideas, it should never be a replacement for human ideas and intuition. Always rely on human expertise and experience when making key decisions. 
• Review, and fact-check :  ChatGPT, and other similar tools are prone to “hallucinations”.  Solely relying on these tools can potentially mislead you. 
• Use up-to-date data sources: Remember that ChatGPT relies on the knowledge it was fed during training. Some of this information could be outdated at the time of writing. It is important to check whether the data and statistics used by ChatGPT are still relevant. 

Most businesses use a business plan to outline the company’s strategies, objectives, and goals. Others use it as a proposal to attract investors on board, identify opportunities, and plan resources. Regardless of your motivation, the quality of your business plan will always impact the results.

In this section, we explore how you can always ensure that your AI-generated business plan effectively communicates your business’s vision. Make sure to also check out these 5 profitable business ideas to capitalize on the AI hype.

1. Edit and review the business plan

While AI business plan generators can save you lots of resources in terms of time and cost, they are also prone to inaccuracies. A thorough review of the plan you have generated allows you to ensure that the business plan you have generated aligns with your business strategy. Through a review, you can also evaluate whether the AI-generated business plan addresses key issues such as market analysis, competition, and financial projections.

2. Make sure it is actionable

A business plan that only gives an overview of the company’s goals, objectives, and financial and market standpoints is not good enough. A better business plan also highlights small, measurable, achievable, realistic, and time-bound ( SMART ) goals with a clear roadmap on how your business can achieve them.

Image source

3. Ensure only credible data sources are used

The accuracy, quality, and credibility of the data sources you use when putting together your business plan directly affect the quality and reliability of your business plan. With the advancement of AI in market research , it has become easier than ever to analyze huge amounts of data. However, it is important that you check whether the sources are credible.

4. Seek expert advice

The advent of AI-powered generative tools has made it easy to create almost anything. However, this does not overrule the importance of seeking the services of an expert. An expert in your business domain can help you discover some mistakes in your business plan that may not be apparent to you. 

5. Make sure it is clear and readable

Just like any other document, a business plan has an audience. Using technical jargon to impress your audience may not be effective in all cases. Therefore is important that you evaluate your AI-generated business plan and ensure that it is written in plain simple language . You may also want to include graphs and visual aids to boost understanding of content and convey important messages.

6. Customize your AI-generated business plan

AI-generated business plans form a good starting point when drafting your business plan. However, AI business plan generators should in no way be a substitute for your intuition and judgment. Every business has unique challenges and needs, it is important that you adapt any AI-generated business plan to fit your needs before using it.

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AI business plan generators and other AI tools have undoubtedly made it easy for entrepreneurs to bootstrap a business quickly and efficiently. After creating a business plan, it is also important that you establish an online presence through a website. AI website builders such as 10Web AI Website Builder can help you with this.  10Web AI Website Builder leverages AI to automatically generate a website with unique content and images tailored to your business needs. All you have to do is answer questions about your company, such as the company name, type, description, and services you provide. A website allows you to create an audience, and establish credibility while also displaying your products and services. 

Get a head start on website creation with AI

Create a custom website tailored to your business needs 10X faster with 10Web AI Website Builder!

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This is a great article, it helped me to understand how to use AI and what is the human rol when doing it. Thank you.

I’m trying to create a business plan to attract investment for a food truck company, please what free AI software do you think is best for me?

Hi Moyin, most of the tools listed in the article have a free plan available. So what I would suggest is trying 3-4 of them to see which one meets your specific needs the best.

I am starting a small wellness and health business from scratch needed help to create a plan to present to apply for a grant the computer said my email is already linked to ai but I cant log in

Hi Michiel, what tool are you trying to use?

Elevate Your Strategy: AI for Business Plan

Take your business strategy to new heights with the power of AI. Discover how incorporating AI into your business plan can unlock untapped potential, enhance decision-making, and drive meaningful growth. Elevate your strategy and stay ahead in today's competitive business landscape.

Sintra AI Editorial

Table of contents

Introduction.

In today's fast-paced business landscape, where competition is fierce and innovation is the name of the game, staying ahead of the curve is absolutely crucial. And that's where the power of artificial intelligence (AI) comes into play, transforming the way businesses operate and revolutionizing the world of strategic planning.

From generating comprehensive business plans to analyzing market trends, AI has become an indispensable ally in the arsenal of modern businesses. Gone are the days of painstakingly collecting data and manually analyzing market dynamics—it's all about harnessing the power of AI to streamline and supercharge your planning process.

Get ready to elevate your strategy with AI for business planning like never before!

Unveiling AI's Significance in Strategic Business Planning

AI's significance in strategic business planning cannot be understated. By incorporating AI into the planning process, businesses gain access to a wealth of benefits. Firstly, AI-powered tools eliminate the need for manual data collection and analysis, saving valuable time and effort.

Additionally, AI can quickly analyze vast amounts of market data, enabling businesses to make informed decisions based on accurate insights. Moreover, AI algorithms can identify patterns and trends that humans may overlook, providing a deeper understanding of the market landscape.

These invaluable capabilities empower businesses to develop robust business plans that align with market demands and capitalize on emerging opportunities. With AI's ability to automate repetitive tasks and generate customized solutions, strategic business designing has become more efficient and effective than ever before.

Recommended Read: Sales Process Automation: 8 Effective Ways to Maximize Sales

ChatGPT Prompt For Your Business Plan

One remarkable AI tool for developing business plans is ChatGPT . This state-of-the-art language model allows users to interact with an AI-powered chatbot that provides step-by-step guidance in creating a business plan. Whether you're a seasoned entrepreneur or a budding startup, ChatGPT can be your virtual assistant, assisting you in formulating an effective business strategy.

Try the prompt below by filling out customized information about your business!

The best part is that you can get even more personalized output by following with a couple more ready-to-go prompts. You can find them in a free library of 2500+ AI prompts by Sintra AI.

Sintra AI streamlines the prompt engineering process by providing diverse pre-developed prompts suitable for different scenarios. Whether you're a beginner or an experienced prompt engineer, Sintra AI can be a valuable asset in your journey.

Edit and Review The Business Plan

While AI business plans can save time and money, it is important to note that they may contain errors. Therefore, it is crucial to conduct a thorough evaluation and review of the plan to ensure that it accurately reflects the strategic objectives of your business.

This evaluation should include an analysis of how the AI plan addresses key factors such as market analyses and financial forecasts. By carefully reviewing the plan, you can identify any potential issues and make necessary adjustments to ensure that it aligns with your business goals and objectives.

Tips for Leveraging ChatGPT in Developing Your Business Plan

To make the most of ChatGPT and create an exceptional business plan, here are a few tips to consider:

1. Clearly define your business goals: Before diving into the planning process, articulate your business's objectives, mission, and vision. This clarity will help the AI-powered tool understand your specific requirements.

2. Conduct market research: The success of any business plan relies on a thorough understanding of the target market. Leverage ChatGPT to gather insights on market trends, target audience preferences, and competitive landscapes. This information will enable you to craft a winning strategy.

3. Utilize AI's financial forecasting capabilities: ChatGPT and other AI tools can assist you in creating accurate financial projections. By incorporating historical data and market analysis, you can generate reliable revenue forecasts, expense estimations, and cash flow projections.

4. Collaborate with human expertise: While AI provides valuable guidance, remember that it works best when combined with human creativity and critical thinking. Engage with industry experts, mentors, and advisors to add a personal touch to your business plan and ensure its viability.

The Role of Market Research in AI-Powered Business Planning

Market research plays a pivotal role in AI-powered business planning. It is the foundation for making informed decisions and developing a successful strategy. Before diving into creating an AI-powered business plan, conducting thorough market research is crucial for understanding the current landscape, identifying opportunities, and mitigating risks.

Market research provides valuable insights into customer preferences, behaviors, and market trends. You can tailor your business plan and offerings by understanding your target market. Without proper market research, businesses risk developing strategies that may not resonate with their target audience or fail to address their needs.

Potential Risks of Inadequate Market Research

One of the potential risks of inadequate market research is an inaccurate understanding of customer demands. Failing to identify and meet customer needs can lead to a mismatch between the product or service and the market, resulting in poor sales and customer satisfaction. This can be a costly mistake that hampers the success of the business.

Additionally, insufficient market research can lead to underestimating or overestimating the competition. Being unaware of competitors' strengths, weaknesses, and market positioning leaves businesses vulnerable to losing market share or missing out on potential market opportunities. Market research helps evaluate the competitive landscape, enabling businesses to differentiate themselves and develop effective marketing and sales strategies.

Benefits Of A Well-Done Market Research

On the other hand, when market research is done right, the benefits can be groundbreaking. Proactively gathering data on target customers' preferences, pain points, and buying behavior allows businesses to tailor their products or services to meet those needs.

Effective market research also helps identify emerging market trends. This knowledge enables businesses to stay ahead of the curve by adapting their strategies to capitalize on these trends and meet evolving customer demands. By attuning to market dynamics, businesses can position themselves as industry leaders and gain a competitive edge.

Adequate market research reduces the risk of developing strategies not aligning with market demands and ensures that businesses are well-positioned to capitalize on market opportunities. By leveraging the power of AI and conducting comprehensive market research, businesses can significantly enhance the success potential of their AI-powered business plans and achieve their strategic objectives.

How To Make Sure That The AI-generated Business Plan Is Good Enough?

While AI-powered tools can aid in generating a business plan, it is essential to ensure their quality. Here are a few tips to make sure that the AI business plan is good enough:

Combine AI with Human Expertise: AI tools can provide a great starting point, but they should not replace the human touch. Use the AI-generated plan as a foundation and then customize it according to your specific business needs and goals.

Review and Edit: Carefully review and edit the AI-generated plan to ensure accuracy and coherence. Ensure that the content aligns with your business objectives and provides a clear roadmap for success.

Market Research: Conduct your own market research to validate the information provided by the AI-generated plan. This will ensure that your business plan is based on up-to-date market trends and insights.

Seek Feedback: Share your AI business plan with trusted advisors, mentors, or potential investors to get their feedback. This will help you identify any areas that need improvement and ensure that your plan is compelling to potential stakeholders.

7 Important Parts Of An Effective Business Plan

A comprehensive business plan consists of several key components that provide a solid foundation for your business. These parts include:

1. Executive Summary

This section provides a brief overview of your business, highlighting its unique selling proposition and the goals you aim to achieve. The executive summary is the first thing that potential investors or partners will read, so it needs to grab their attention and make them want to learn more about your business. Keep it concise and compelling, focusing on the most important aspects of your business.

2. Company Description

Here, you provide a detailed description of your company, including its mission, vision, and values. This section is where you can showcase what makes your business unique and how it adds value to the market. Describe the problem that your business solves and explain how your product or service addresses that problem in a way that sets you apart from competitors.

3. Market Analysis

Conduct thorough research on your target market, including customer demographics, market trends, and competitors. This section helps you understand your target audience better and identify your competitive advantage. Describe who your ideal customer is, their needs and preferences, and how your business will meet those needs better than the competition. Highlight any market trends or changes that present opportunities for your business.

4. Business Strategy

Outline your business goals and the strategies you will implement to achieve them. This section should include your marketing strategies, target market description, and how you plan to attract and retain customers. Explain your marketing and sales approach, including any unique tactics or channels that will help you reach your target audience. Lay out your pricing strategy, distribution plan, and any partnerships or collaborations that will support your business goals.

5. Financial Projections

Present a well-detailed financial plan, including cash flow projections, revenue forecasts, and break-even analysis. This section is crucial for attracting potential investors and securing funding for your business. It demonstrates that you have a clear understanding of the financial aspects of your business and have thought through the potential revenue and expenses. Use realistic and conservative estimates, and explain your assumptions and methodologies.

6. Operational Plan

Describe the operational aspects of your business, including your production process, supply chain management, and any necessary licenses or permits. This section shows that you have a clear understanding of how your business will operate on a day-to-day basis. Outline the key operational activities and processes, including any equipment or technology needed to run the business efficiently. Address any potential challenges or risks and explain how you plan to mitigate them.

7. Conclusion

Summarize your business plan, highlighting the key details and emphasizing the potential for success. This section ties together all the components of your plan and leaves a lasting impression on potential investors. Reiterate your unique selling proposition, the market opportunity, and the competitive advantage of your business. End on a positive note, expressing your enthusiasm and confidence in the success of your business.

Remember, a well-crafted business plan is critical for attracting investors, securing funding, and guiding the future growth of your business. It should be a dynamic document that you revisit and revise as your business evolves. A comprehensive and effective business plan helps you stay focused and on track, while also providing a roadmap for achieving your goals.

Exploring AI Business Plan Generators

AI business plan generators, such as Copy.ai, Sinra AI, Bit.ai, and Notion AI, have revolutionized the way business plans are created. These AI-powered tools utilize advanced technologies like natural language processing and machine learning to produce written content tailored to your business needs. Let's take a closer look at a few popular AI business plan generators:

Copy AI is an AI-powered tool that enables businesses to create compelling and persuasive content. It offers a wide range of templates and suggestions for various business documents, including business plans. The tool provides step-by-step guidance, making it easy for non-technical users to create a well-structured and comprehensive business plan.

2. Sintra AI

Sintra AI presents an exclusive fusion of automation bots for business processes and an extensive library of AI prompts crafted to optimize sales workflows and elevate the quality of decision-making. Through Sintra AI, enterprises can effectively mechanize monotonous assignments like data input and client queries, and customize a business plan, thereby enabling sales teams to dedicate their efforts to tasks of greater strategic importance.

Bit AI is a simplified AI tool that helps you create collaborative documents, presentations, and business plans. It offers an easy-to-use interface and allows multiple users to collaborate in real time. With Bit.ai, you can create a strategic roadmap for your business, interlink business plan documents, and attract potential investors with visually appealing content.

4. Notion AI

Notion AI is an AI business plan generator that focuses on providing an organized and structured approach to business strategizing. It offers various templates for business plans and guides users through the process of creating a comprehensive plan. Notion AI also features financial forecasting tools, making it easier for businesses to create accurate projections and secure funding.

Using AI-powered tools for business plan generation can save time, effort, and even money. These tools automate the entire process, allowing you to focus on other critical aspects of your business. However, it is important to remember that AI is a tool, and human expertise is still necessary to ensure the quality and relevance of the generated plans.

Introducing Sintra AI: Your Key to Unlocking a Customizable AI-Generated Business Automation

In the world of business groundwork, finding an AI-powered solution that meets your unique needs can be a game-changer. That's where Sintra AI comes in. Sintra AI offers a customizable and intuitive platform that generates business automation solutions tailored specifically to your requirements.

We understand that every business is unique and requires personalized attention. With our user-friendly interface and powerful AI technology, Sintra AI simplifies the process of creating a comprehensive business plan that aligns with your goals and aspirations.

Whether you're a seasoned entrepreneur or a budding startup, integrating AI into your business planning is a game-changer. With AI's efficient data analysis capabilities, accurate financial projections, and personalized guidance, you can stay one step ahead of the competition and make data-driven decisions that drive your business forward. Embrace the power of AI and unlock the potential of your business with ease, confidence, and innovation.

Frequently Asked Questions

What is the best ai for writing a business plan.

While there are several AI tools available for writing business plans, choosing the "best" one depends on your specific needs and preferences. However, ChatGPT, with its interactive and user-friendly interface, is a popular choice. Its conversational approach and step-by-step guidance make it a valuable tool for creating comprehensive and customized business plans.

Is there an AI to check business ideas?

Yes, there are AI tools available that can help assess the viability of your business ideas. These tools utilize AI algorithms to analyze market data, trends, and competition to provide insights on the potential success of your business idea. While AI can provide valuable information, it's important to remember that human expertise and judgment are crucial in evaluating business ideas comprehensively.

How do AI-powered business planning tools save time?

AI-powered business plan generator tools like ChatGPT streamline the planning process and automate repetitive tasks. These tools can quickly generate sections of a business plan, such as market analysis or financial projections, based on the inputs provided. The time saved from manual data collection and analysis allows you to focus on refining your strategy and making informed decisions.

Can AI-generated business plans attract potential investors?

AI-generated business plan can certainly help attract potential investors. These plans leverage AI's capabilities to present comprehensive and data-driven strategies, showcasing the potential of your business. However, it's important to ensure that the AI-generated plan is personalized, well-researched, and aligned with the specific needs and interests of potential investors.

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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

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 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.

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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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Top 10 AI Tools for Business You Can’t Miss

• Top 10 AI Tools for Business You ...

Think you’ve grasped the full potential of AI in the corporate sphere? It’s time to expand your horizons. The landscape of AI tools for business is evolving at a pace that’s hard to keep up with. It seems like just yesterday, the world saw the release of voice assistants like Siri, and today, everybody talks about ChatGPT. 

In fact, AI is much more than that. CEOs who use it wisely make every decision twice as effective and five times faster. That’s because AI engineers create high-quality custom AI software that can analyze market trends, prepare a risk assessment report, optimize your day’s schedule for peak productivity, and do whatever you need to grow your company. Today, AI integration in business is not a luxury; it’s a necessity for forward-looking entrepreneurs who want to do more with less.

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If you want to know the best new AI tools for business and how to adopt them successfully, we cover everything. Read on to learn how your company can leverage this promising technology to its advantage or get ideas on how to start a business with AI.

Table of Contents

The Rise of AI in the Modern Corporate World

Once a futuristic concept in business magazines, AI became mainstream and much on the radar of most companies. A recent study by MIT Sloan revealed that approximately 92% of large enterprises increase their investments in AI, and the same high percentage see returns on their AI investments. What’s more striking is that in 2017, less than half reported such success. 

Organizations smart enough to act quickly and understand how AI solutions can be integrated into their long-term strategies will reap the rewards. That’s why we can see more legacy enterprises move to AI-driven business models. It helps them expand their offerings to attract new customers, create new revenue streams, and grasp new opportunities. AI integrated into business models also makes companies more agile, responsive, and adaptable to changing consumer needs and market conditions. 

AI Tools for Business: Major Benefits

There are many reasons why both small and large organizations use artificial intelligence technology in their daily operations. The benefits of AI in business are enormous and tangible, expected to deliver meaningful financial value. Here, we’ll focus on areas impacted the most by AI tools for business. 

Improving Customer Interactions

AI-augmented chat assistants are undoubtedly the most popular application for improving customer service, and it’s easy to guess why:

• 24/7 Availability . Customers receiving instant responses to their inquiries any time of day meets the current demand for immediate, round-the-clock service.
• Handling Volume and Efficiency . Chatbots can deal with hundreds of queries at once, speeding up response times and boosting customer satisfaction.
• Feedback and Improvement . AI-powered assistants learn and get better with each interaction. The more they engage with users, the more refined their responses become. 

Perhaps AI’s most valuable capability is predictive analytics. Many companies use it today to analyze and predict how customers will react to new products and what they want and like. These tools learn from past customer interactions, their purchasing histories, and browsing habits to forecast what they expect or will likely buy or do next. And, believe us, they can do that with the highest accuracy.

Besides predicting customer behavior, artificial intelligence helps companies optimize content and tailor their marketing campaigns to achieve higher engagement and better conversion rates. AI systems adapt messages according to user interactions and preferences, unique for each customer, which deepens engagement and improves conversion rates.

Optimizing Business Operations

At the core of increased operational efficiency lies the ability to make informed decisions quickly. This is where AI analytics shines. It helps companies make use and sense of large amounts of their data to drive strategic decisions. These systems cut through the noise and offer clear insights into ways to improve weak points in your internal processes. 

AI brings even more changes to the way of managing supply chains. Instead of relying on past data and manual processes, you can analyze current data and develop anticipatory strategies to manage inventory and supply chains with better accuracy. AI can forecast demand, optimize stock levels, and spot potential disruptions before they happen. From a business perspective, it means fewer surprises, lower costs, and a resilient supply chain that’s as efficient as it gets. 

Enhancing Product and Service Offerings

AI apps are shaking up the business world in exciting new ways. When you browse some online stores, product recommendations might feel like they were handpicked just for you. That’s AI in action. Product recommendation engines know exactly what each shopper wants and suggest products they are more likely to buy. It’s a win-win scenario. Customers feel understood and appreciated, while AI benefits to business are happy clients and increased sales. 

The key features of AI-driven analytics, like pattern recognition and predictive analysis, allow for a much more efficient and accurate approach to product quality. This technology in your production line can easily catch potential flaws long before they leave the factory. Of course, it saves time and resources while dramatically increasing product quality. 

Once again, we want to emphasize the power of AI tools for business to personalize the experience, but this time for service offerings. Let’s take hospitality, where artificial intelligence can create a ‘home away from home’ experience by learning about the guest’s previous stays and setting up everything in the room, from temperature to the type of pillow they prefer. 

Top 10 “Best” AI Tools for Business

There are a lot of impactful solutions out there. The Futurepedia platform alone features more than 5500 tools and updates the list daily. That’s why we explored many resources to put together a list of AI tools for business that were featured on different lists, had the most likes, and offered unique AI business use cases. 

OpenAI ChatGPT-4

Today, most people are probably aware of the power of AI tools for business thanks to ChatGPT, which has caused a stir worldwide, attracting over 100 million users within just two months of its release. 

Positioned as a large language model (LLM), this tool is widely used in marketing to generate compelling content ideas and proofread text. Companies equally heavily rely on ChatGPT to support their customer service, as it can quickly generate responses to client questions. Sure, ChatGPT isn’t flawless and requires human touch and revision. But as a first line of analysis, idea generation, or customer interaction, it’s a useful tool many businesses use today.

Your next read: ChatGPT – the most powerful language model

Another writing assistant, Jasper, helps companies produce original content for their website 5x faster. All you need to do is provide seed words, which Jasper analyzes to generate the desired content type for your blog, industry pages, or social media platforms. With this platform, you can easily align the content with your company’s brand style and tone. These features make it stand out among similar AI tools for online business. 

Fireflies AI

Fireflies is a smoothly operating assistant that can help business leaders make the most out of meetings. It records, transcribes, and boils down your meetings into a brief summary you can quickly refer back to. For teams that handle multiple meetings, it can be a useful instrument for capturing key points during discussions that could otherwise be forgotten.

Companies that want to produce clear and error-free content that reflects their brand voice should use Grammarly at all times if they still don’t do it. It’s a well-known writing assistant that has grown beyond classic grammar and spell-checking. With its new AI-powered extension, GrammarlyGO, you get more advanced features for brainstorming ideas, creating drafts and outlines, and polishing existing content. 

MonkeyLearn

MonkeyLearn is one of those useful AI tools for businesses that automate tedious tasks and help make sense of text data. It looks through customer feedback, social media posts, and emails to turn raw data into meaningful insights. Besides sentiment analysis, MonkeyLeran categorizes and tags data, making it easier for companies to organize information and spot trends. 

Deepgram uses artificial intelligence to convert speech in audio and video resources into a text format. Thanks to its deep learning models trained on vast audio datasets, the app easily recognizes words in different languages and even challenging audio environments. Companies in educational, legal, media, and entertainment sectors can benefit a lot from effortless audio-to-text conversion that takes just a few minutes.

More than a place for storing notes, Notion is among the top AI tools for business that creates unique, high-quality content. It supports various stages of your writing, editing, and summarizing content, and it’s especially beneficial for ideation and mind-mapping. This is an all-in-one workspace where teams can collaborate, manage products, plan, organize workflows, and so much more. So, entrepreneurs and marketers should consider using it to make the most of their ideas.

If you still use PowerPoint for creating presentations, you should certainly give the Tome app a try. You will be surprised how easily and fast it’s possible to craft visually appealing and informative slides with the help of artificial intelligence. The app provides you with AI-generated templates, texts, images, and some other instruments for adding dynamic animations, graphs, and videos. You should simply instruct Tome what you want it to do, and it will do the rest for you.  

DataRobot is among the best AI tools for business analysts, IT professionals, and executives who plan to adopt predictive analytics to make forecasting. It helps companies build, deploy, and maintain machine learning (ML) models with relative ease. DataRobot automates the most part of the ML modeling lifecycle, including data preparation, ML development, and operations. By using its extensive library of ML algorithms and techniques, you can develop custom predictive models for each use case. 

Selecting the right resource management software is a big commitment that greatly impacts how you allocate resources, organize your timelines, and predict the resources necessary for your project. Forecast is one of the best AI tools for business that helps teams and managers do all those things easily and quickly. It uses artificial intelligence technology to automate resource planning and task allocation, usually done manually. Companies seeking a smarter way to handle projects and take the guesswork out of planning should try Forecast.

Preparing Your Business for AI Integration

Getting your business ready for AI is more than just simply adopting new tools. It’s a complex endeavor, and without careful planning, it can create more problems than it solves. You need the right mix of viable AI business ideas and an apt strategy to set the stage for AI to work for your company’s advantage. That’s why most companies prefer to create custom AI systems that really fit their business needs and long-term strategies. So, here’s what you should do:

Steps to Start with AI

To successfully incorporate any technology, the first thing you need to do is understand your business needs and identify areas where the technology can add the most value. Think about the most pressing problems your business faces. It can be tedious tasks that take tons of time for your staff to complete or low-profit parts of your business that AI can give a boost. 

When your company is ready from this standpoint, it’s time to integrate technology. You can either hire AI engineers to build an application that fully covers your business needs or choose off-the-shelf tools available on the market.   

The next important step is preparing your staff to use AI tools for business most effectively. Along with providing training, you should clearly communicate how these applications will help them do routine tasks. This way, you will offset concerns and foster a more productive experience.   

Measuring the ROI of AI Investments

Given the time, resources, and finances AI integration demands, you certainly want to ensure it brings tangible value to your company. The common metrics businesses use to measure ROI are efficiency gains, revenue growth, customer satisfaction, and cost savings.

Since AI technologies are developing rapidly, monitor their progress and use cases to discover new ways to use the tools you already have. Thus, you’ll make sure your investment remains a growth-driven choice, not a one-off tech spend.

Moving Forward with AI

Using artificial intelligence is one of the smartest moves you can make. The AI tools for business can help you automate tasks, save money, and give your company an edge. So keep your eyes open, explore, and stay open to experimenting. Artificial intelligence is no longer just a trend but a new way of doing business. 

If you haven’t yet jumped on the AI bandwagon, Relevant Software can help you get started. If off-the-shelf software doesn’t meet your requirements, which is often the case, and you want to customize it or build one from scratch, we’re here to help. Our experts can consult you on the best machine learning, big data, and chatbot solutions, as well as on the best programming languages for your AI application . And our qualified AI engineers will do the rest to develop and deploy your solution with minimal disruption to your business.

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The Pros and Cons of Using AI for Business Planning

Posted august 15, 2023 by noah parsons.

Bottom Line: AI is not a replacement for human ingenuity and expertise. While it can assist in generating content, it cannot replicate the strategic thinking, market analysis, and decision-making skills that humans bring to the table. 

• By harnessing the power of AI, you can augment your capabilities and free up valuable time and resources – allowing you to focus on critical aspects of the business plan that require human judgment and creativity. 

Be Smart: As long as you leverage AI as a powerful tool in your arsenal – while still applying human intelligence and expertise where it truly matters – you can confidently present investor-ready plans that stand out in an increasingly competitive landscape.

The Big Picture: Tools like ChatGPT, Claude, and Bard have opened up intriguing new possibilities for entrepreneurs looking to streamline the business planning process . These AI assistants can help generate ideas, convert rough concepts into polished text, and draw connections that human planners may have overlooked. 

Dig Deeper: We’ve explored the potential upsides and downsides of using AI tools to create a business plan. We looked at key areas where AI excels as well as situations that call for extra caution. Our goal is to provide entrepreneurs with a realistic picture of how AI can augment the planning process while emphasizing that human guidance remains indispensable. 

How AI can help with business planning

Generative AI tools like ChatGPT, Claude, and Bard can make it feel like you’ve got a business consultant at your side – guiding you through the process of writing your business plan. There are some real, tangible benefits to using these tools – especially if you’re new to the business planning process.

It’s great for brainstorming and generating ideas

From figuring out what revenue streams and expenses you should include in your financial plan to coming up with marketing ideas, AI tools can help you explore different business strategies. You’ll still need to review the ideas and decide if they’re right for your business, but AI can save you time and help you look at your business concept from a different perspective.

Can quickly convert rough ideas into polished text

It’s really common to have ideas for your business strategy but struggle to figure out how to turn your thoughts into polished text. Generative AI excels at this task and can take lists of ideas and information about your business and transform it into sentences and paragraphs.

Doesn’t suffer from writer’s block

We all routinely suffer from writer’s block and just can’t get past that “blank page” – especially when we’re trying to put together a plan for investors or other stakeholders. While the text that AI generates might not be perfect, it can be a great starting point that you can edit and refine. By simply getting the ball rolling, AI can unlock your own thoughts about your business and help you write more of your plan.

Grammar and sentence structure can easily be fixed

Most business people aren’t trained writers, so leveraging AI to improve your writing and fix grammatical problems can greatly improve the quickness of your business plan.

Can draw connections between ideas that you hadn’t considered before

As you use AI to help you think about revenue streams and marketing tactics, you’ll find that generative AI tools can help you think about your business’s strategy in new ways.

Data analysis can be simplified

Generative AI can analyze vast amounts of data to produce insights that can be included in the business plan. If you have access to market research data , data about your industry, or even customer surveys that you’ve performed, you can use AI to analyze it and find insights that you can include in your plan.

When you need to be careful using AI to generate your plan

Generative AI tools are unfortunately not an “easy” button that can generate the perfect business plan with just a few simple instructions. Human oversight and guidance is critical to ensure that you are creating a solid business plan.

AI lacks the human understanding of your specific business, industry, and location

AI is trained on data, but it cannot understand the nuances of a particular situation or the context in which it is happening. For example, AI might be able to identify that a company is in the retail industry, but it would not be able to understand the specific challenges that the company faces or the opportunities that are available to it. 

Additionally, AI is not able to understand the cultural or social factors that may be relevant to a particular business or industry. For example, AI might be able to identify that a company is located in a certain country, but it would not be able to understand the local customs or regulations that the company needs to comply with. As a result, AI can be a valuable tool for businesses, but it is important to remember that it is not a substitute for human judgment and experience.

Financial projections need to be verified by a human

Budgets and financial forecasts are both an art and a science. Good projections are based on market research, an understanding of your customer and your industry, and insights into how your business is going to be perceived by customers. AI can help generate forecasts, but doesn’t have the uniquely human insights into the nuances of your business. Not only that, but AI can make mistakes, especially with math. It’s crucial to review any financial forecasts that AI makes to ensure that they’re not only accurate but truly reflect where you think your business is going. 

Market research and other facts will need to be verified

Generative AI tools often confidently provide statistics and market research in a format that’s entirely believable. Unfortunately, these tools often “hallucinate” – they’ve made up the numbers and research. Even when AI tools cite their sources, the articles and resources they reference can sometimes be complete fabrications. Any research data that AI provides needs to be carefully checked to ensure that it’s accurate and truthful.

AI can miss key factors in competitive analysis, marketing strategy and other sections

Because generative AI tools are trained on data that is sometimes several years old, it may not know everything about current competitors or the state of your market. Marketing strategies that may have worked several years ago may no longer work and new competitors may have shown up since the AI tool was trained. AI can provide a good start on the various components of your business plan, but a human touch is crucial to make sure that the business strategy is sound.

Your plan may lack authenticity and be impersonal 

A business plan written by generative AI may not have the same level of personal touch as a business plan written by a human. This can be a disadvantage if you are trying to connect with investors or partners on a personal level.

Quality varies

Some generated text may not make logical sense or flow well. AI writing can sometimes lack energy or perhaps not even describe your business concepts accurately. It’s important to review all AI writing critically and even get a second pair of eyes on your plan to ensure that the quality is at the level you need for your audience.

Lack of Creativity

While AI can analyze patterns, it might not be able to provide the out-of-the-box thinking that human entrepreneurs often bring to new ventures. What often makes a business successful is figuring out how to differentiate from your competition. That means coming up with new ideas and new approaches – something that AI is not as good at as humans.

Tips for using AI to write a business plan:

Here are some additional tips for using generative AI to write a business plan:

• Use generative AI as a starting point, not as a replacement for your own creativity and expertise.
• Carefully review the output of generative AI to ensure that it is accurate and meets your needs.
• Use generative AI to help you to identify potential risks and challenges to your business, but don’t rely on it to provide all of the answers.
• Get feedback from others on the output of generative AI to ensure that it is persuasive and engaging.

Want to know what prompts you can use to write a business plan? We explored how to use ChatGPT to write your business plan . You can also use ChatGPT to build a financial forecast . LivePlan is using AI to enhance the business planning process. Learn more about how having AI integrated into a business planning app can supercharge your business planning .

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Grow » marketing, 9 ai tools to improve your business’s marketing.

AI-powered tools and software can help streamline your business’s marketing efforts. Here are nine AI tools you can leverage to improve your marketing.

With the proliferation of artificial intelligence (AI), many businesses are using AI-powered tools and software to streamline their operations and gain valuable market insights. AI technologies can help companies brainstorm and create content, automate workflows, analyze customer insights, and more.

Here are nine AI tools you can leverage to take your small business’s marketing to the next level.

Social media monitoring tool Brand24 helps businesses track customer feedback and sentiment in real time. It scours the web to aggregate brand mentions across various online sources, using AI to flag both positive and negative posts within contexts. Monthly pricing begins at $99 for individual accounts and $179 for team accounts.

DeepBrain AI

DeepBrain AI converts written text into engaging videos via its AI Studios tool. Simply input your desired text to create a voiceover and subtitles. Then, use existing text or work on the platform using the ChatGPT integration. Next, select your AI avatar to convey the voiceover, complete with naturalistic speech and movements for a more realistic feel.

The Starter plan costs $30 per month, while the Pro plan runs $225 per month. Custom pricing is available for Enterprise plans.

[Read more: What's the Difference Between Traditional and Generative AI? ]

HubSpot AI Marketing Hub

HubSpot AI offers a range of AI-powered capabilities throughout its platform to help businesses automate processes and make informed business decisions. Among these is the Marketing Hub , which includes AI-based features such as automated campaign development and tracking.

You can access several features, including email marketing, in the free version. Additional tools are available with paid plans, starting at $18 per month.

If you’re looking to get a stronger return on investment for your social media marketing efforts, Sprout Social can help.

Influencity

For businesses looking to leverage influencer marketing, Influencity offers a comprehensive platform to connect with influencers, work together on campaigns, and track campaign performance. The AI-powered tool helps companies find best-fit influencers across various social networks, optimize campaign workflows, and analyze key statistics to improve return on investment.

Pricing begins at $168 for a basic account with up to four users, going up to $698 monthly for a business account with unlimited users.

Formerly known as Conversion.ai, Jasper “the AI copilot” can generate marketing assets, including social media posts, sales emails, blog content, and website copy. The generative AI tool allows you to upload information about your business, ensuring the content it creates is both factually accurate and in the correct tone. Jasper also comes with search engine optimization (SEO) features and integrates with several third-party SEO and customer relationship management tools.

Plans for Jasper start at $49 per month per seat, with custom features and pricing available to businesses upon request.

[Read more: AI Tools That Can Help You Start, Run, and Grow Your Small Business ]

Seventh Sense

Hubspot and Marketo users can enhance their email marketing campaigns with Seventh Sense . The tool’s AI algorithms analyze each customer’s unique engagement patterns to increase email open rates and interactions. Seventh Sense also offers audience segmentation based on engagement levels, allowing you to tailor your approach and content accordingly.

For Marketo users, pricing begins at $450 per month with a minimum of 50,000 leads; HubSpot user pricing begins at $80 per month with a minimum of 5,000 marketing contacts.

Sprout Social

If you’re looking to get a stronger return on investment (ROI) for your social media marketing efforts, Sprout Social can help. The all-in-one social media management platform uses AI to understand audience behavior and make suggestions accordingly — for example, determining the best time to post, suggesting content themes, and finding potential brand advocates and influencers.

Sprout Social has four paid plans with varying degrees of features and support that start at $249 per month (plus an extra $199 per month for each additional seat).

E-commerce stores can turn to Trellis to optimize their ad campaigns and overall ROI. Trellis’s AI can suggest and regularly update keyword bids, provide advanced analytics and insights, and adjust campaigns based on identified patterns and trends. Amazon sellers can also benefit from the AI-powered pricing tool, which tests various product prices to help businesses develop optimal strategies.

Pricing for monthly plans (based on annual revenue) ranges from $299 to $1,499.

Zapier empowers teams to create customized, cross-system workflows to automate repetitive tasks, working with over 3,000 integrations to streamline various processes. One of the platform’s most promising tools for marketing is the ability to create a custom AI-powered chatbot. Zapier offers templates for both internal use (such as creating press releases or clarifying complex information) and for customer-facing chat-based interactions.

Zapier users can begin building a chatbot with limited features for free; premium plans cost $20 per month and allow the chatbot to be trained on one knowledge source.

[Read more: Getting Started With AI: Artificial Intelligence Applications for Small Businesses ]

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11 Best AI Tools for Small Businesses & Startups (2024)

Ajay Jagtap

• December 28, 2023

16 Min Read

What’s your opinion about AI being the future? Is it the future? Let’s better call it the present—it’s already here.

We’re living in a world surrounded by AI tools.

Today, these AI can write articles, create videos and graphics, answer customer queries, recognize objects, and do countless other tasks that once required hours to finish.

It’s high time you invest in efficient AI tools for your small business and make the most of this transition toward AI.

Wondering which tools to consider starting off? Here you go.

We’ve compiled our research of the best AI tools for small businesses into this quick guide. This list includes AI tools for business planning , content writing, customer support, and more.

Sounds good? Let’s get started.

As we begin to explore the top AI-powered tools, let’s briefly talk about their benefits:

Benefits of Using AI in Small Businesses

Can AI help in business operations? Yes, and It’s doing it already. In fact, more than 9 in 10 leading businesses have ongoing investments in artificial intelligence and AI tools.

So, let’s quickly discuss the benefits of using AI tools for small business operations.

• Increased efficiency & productivity: AI tools can improve employee efficiency and productivity by automating manual tasks, saving time, and reducing errors.
• Cost cutting: AI can significantly lower business operational costs by streamlining operations and automating manual tasks.
• Personalized customer services: Advanced AI tools and chatbots can help small businesses personalize the customer experience at scale, maximizing customer retention and sales.
• Reduced workforce: AI can handle manual and repetitive tasks, so investing in efficient AI tools can help businesses significantly reduce their workforce.
• Increased profitability: Increased efficiency & productivity and reduced workforce and overall costs ultimately help you increase business profitability.

These are just a few of the many benefits. But we’ll surely cover others while discussing the AI tools moving forward.

Shall we begin? Let’s dive right in.

The Best AI Tools for Small Businesses of 2024

• Upmetrics : AI for business plan writing
• ClickUp : AI for project management
• Jasper AI : AI for content writing
• Zoho Zia : AI for sales teams
• GrammarlyGO : AI personal writing assistant
• ChatSpot by Hubspot : AI Sales & Marketing Assistant
• Dall. E 2 : AI image creator
• Manatal : AI recruitment software
• Motion : AI for productivity
• Lumen5 : AI for video creation
• Otter AI : AI meeting assistant

1. Upmetrics—AI Business Plan Generator

Writing a business plan is easier than ever with Upmetrics AI Assistance .

It can help you generate text, rewrite content, shorten or expand it, and it also allows you to change its tone.

The subscription includes 400+ sample business plans , video tutorials, well-written documentation, and guides to ensure you are on the right track.

But how to get started?

The tool offers an intuitive and easy-to-use interface, so it’s pretty simple to get started. Simply select the “Write with AI” option from the Upmetrics business plan editor for AI assistance.

Upmetrics could be an incredible investment for business planning compared to other AI business plan creator .

Here’s a quick overview of its best features and pricing:

Best Features:

• AI-powered text generation to write on your business plan.
• Content rewriting feature to polish or enhance content quality.
• Content shortening option to briefly describe the context.
• Expand upon your idea and introduce new concepts.
• AI-powered assistant to help adjust the tone of your writing.
• Accurate & reliable information depending on prompted information.
• Real-time updates and cloud storage, eliminating the risk of data loss.
• Intuitive, seamless, and responsive user interface.
• Check and correct grammatical errors and spelling mistakes.
• Business resources, video tutorials, and guides to help get started.

Check out Upmetrics’ pricing plans:

Remember, only Upmetrics premium users can access the AI assistance feature. Refer to the pricing page for more information.

Create winning Business Plans with our

Plans starting from $7/month

ClickUp is a cloud-based project management software helping entrepreneurs and small businesses streamline project management, collaboration, and task planning.

ClickUp’s AI writing assistant uses natural language processing (NLP) algorithms and is accessible across the platform, generating content tailored to meet specific requirements.

It can assist you in creating new tasks, writing marketing emails and copies, and preparing ClickUp docs.

Here’s an overview of some of its key features and limitations:

• 100+ role-based AI tools to speed up your workflow.
• Brainstorm new ideas, generate outlines, and write with AI
• Summarize long-form content in one click.
• Connect third-party apps like Slack, Hubspot, Zoom, and 1000+ more.
• No-code automation for repetitive tasks.
• Accessible via the web, desktop, and mobile apps.

Limitations:

• ClickUp AI is not available on their free plan.
• The platform can be overwhelming to understand for new users.
• The pricing for the AI-assistant add-on is quite high.
• ClickUp AI can only be purchased for your entire workspace.

Note : Only paid plan members can access ClickUp AI; it’s not available on the free plan.

Ratings and Reviews:

• G2: 4.7/5.0 (8,300+)
• Capterra: 4.7/5.0 (3700+)

3. Jasper AI

Jasper AI is a content writing tool helping entrepreneurs and marketers create and publish high-quality content at scale.

It can be used to write long-form articles and blog posts, social media posts, product descriptions, marketing campaigns, and other forms of content.

It’s an easy-to-use, efficient, and cost-effective solution for content creation, making it an excellent solution for content marketing.

Here’s an overview of some of its key features, limitations, and pricing:

• 50+ templates to speed up content creation.
• Can help you create content in 30+ languages.
•  Provides AI suggestions and helps in auto-completing text.
•  Integrates with tools like Grammarly and Surfer SEO.
•  Translate text from one language to another.
• Can repurpose content for various platforms
• Creating technical and well-researched content can challenging.
• AI technology may not always provide accurate and factual information.
• A lot of fact-checking, research, proofreading, and editing is required.
• The plagiarism checker costs extra with Jasper AI.

Jasper doesn’t have a free plan. However, they provide a 7-day free trial on all their paid plans.

• G2: 4.7/5.0 (1,220+)
• Capterra: 4.3/5.0 (1,700+)

4. Zoho Zia

Zia is an AI-powered assistant by Zoho, helping the sales team collect customer data, write documents, automate manual lead management, and maximize sales numbers.

This AI-powered assistant can be integrated with the company website, social media profiles, and emails to respond to customer inquiries and provide support.

It also helps startups and small business owners manage calendars, schedule appointments, and create customer behavior, sales trends, and business performance reports.

If you’re a sales team looking to automate and streamline processes, this is the AI tool you need.

Best features:

• Recommends tags and suggests the best notebook for your notes.
• Uses the no-code builder to make machine-learning predictions.
• Notifies you about anomalies like a sudden drop in calls.
• Can distribute leads to the best sales rep, depending on availability.
• Can generate charts and pivot tables from spreadsheets.
• Offers grammar suggestions using ML techniques.
• Its user interface is comparatively difficult to navigate and use.
• Some Zia users have reported frequent glitches and issues.
• Zia’s free version has limited features; you must upgrade to a premium plan to access additional functionalities.

Pricing(Zoho SalesIQ):

Remember, only the enterprise plan includes AI features like an answering bot, smart suggestions, and company profile enrichment.

Zoho Ratings and Reviews:

• G2: 4.7/5.0 (2,400+)
• Capterra: 4.3/5.0 (6,300+)

5. GrammarlyGO

GrammarlyGO is Grammarly’s newly launched AI personal writing assistant for working professionals and entrepreneurs. It helps you make sure your content is engaging, easy to read, and free of any spelling, grammar, and punctuation errors.

Isn’t it something Grammarly has been already doing? Yes, of course. But, there’s more to it with GrammarlyGO.

In addition to spelling and grammar corrections, it can help you brainstorm content ideas, prepare outlines, summarize content, find content gaps, and a lot more using text-based prompts.

Let’s learn more about its feature offering and limitations:

• Built-in plagiarism checker to ensure authentic content.
• Change the tone of your text and type of English.
• Generate your first draft in seconds using AI prompts
• can be used in other desktop apps like Docs, LinkedIn, MS Word, etc.
• Corrects spelling mistakes, and grammar, and improves readability.
• Writing assistant to help brainstorm ideas prepare outlines, & more.
• Grammarly is limited to the English language.
• Premium plans can be expensive for small businesses.
• Grammatical and readability suggestions may not always be accurate and relevant.

Grammarly Ratings and Reviews:

• G2: 4.7 (5,758+)
• Capterra: 4.8 (6,987+)

6. ChatSpot by Hubspot

ChatSpot is an AI-powered sales and marketing assistant designed to help entrepreneurs and business owners streamline operations through best AI practices. This artificial intelligence tool combines the power of ChatGPT with other data sources.

The best thing about ChatSpot is, it’s 100% free to use—even if you aren’t a HubSpot user. It can be integrated into content generation, sales prospecting, and SEO content marketing.

It can help you write engaging social media posts, draft long-form blogs, create AI-generated images, and more.

• Prospecting templates to identify key opportunities for outreach.
• Create AI-generated images and draft blog posts and tweets.
• Discover keywords, analyze phrases, and understand competitor strategies.
• Add contact or company details to your CRM in one click.
• Directs you around the Hubspot app to help you make the most of your CRM.
• Deep insights into company data like funding rounds and technologies used.
• ChatSpot may not always understand your commands every time.
• Response time for ChatSpot can comparatively be longer than usual.
• Unlike ChatGPT, this AI tool clears all your chat history after reloading.
• Beta version is free to use.

Hubspot Ratings and Reviews:

• G2: 4.7/5.0 (9,900+)
• Capterra: 4.5/5.0 (3,700+)

7. Dall. E 2

Dall. E 2 is an AI system developed by Open AI that generates realistic images and art from natural language prompts and descriptions. Furthermore, It can also combine concepts, attributes, and styles based on your description.

This AI platform can be invaluable in creative inspiration, fashion designing, art creation, and CGI creation—saving time, money, and resources.

Its speed, customization options, accessibility, and iteration make it the best AI image-generating tool in the market.

Here’s an overview of Dall. E 2’s best features, critical limitations, and pricing:

• Generate high-quality images from textual descriptions.
• provides an intuitive and easy-to-use user interface.
•  Every prompt generates four unique image variations.
• Text prompts allow you to replace different elements in a picture.
• Image expansion beyond the canvas using the outpainting feature.
• While using this AI chatbot, you must have a clearly defined prompt to generate the right image.
• Some users reported that the Images generated by Dall. E 2 may not look real enough.
• Whether trained or copyrighted, images generated by the tool remain a major concern.
• $15 for every 115 credits
• (1 credit = 1 text prompt with 4 image variations)
• G2: 3.9/5.0 (22+)

Manatal is an AI recruitment software designed to help HR teams source and hire talent faster. The tool is best suitable for HR teams, recruitment agencies, and new-age startups.

It’s an easy-to-use AI software with no steep learning curve that can be used for simplifying the hiring process through AI automation.

Manatal includes features like matching recommendations and candidate profile enrichment. You can access Manatal on all your mobile, tablet, and desktop devices.

Here’s an overview of some of its best features and limitations, along with pricing plans:

• Suggests best candidates for the job while automating redundant tasks.
• Score candidate profiles based on job requirements.
•  Enriches candidate profiles with data from LinkedIn and other social media.
• Access Manatal features from all your devices—mobile, desktop, etc.
• Fast setup and compatible with all web platforms.
• Efficient candidate sourcing from various channels.
• The software admin page needs to be accessed manually to generate weekly reports.
• Users can only upload a maximum of 1000 resumes at a time.
• Some users have reported frequent glitches while using the software.
• G2: 4.8/5.0 (135+)
• Capterra: 4.7/5.0 (132+)

Motion is an AI calendar app that automatically builds your schedule, plans your day, and creates perfect to-do lists using machine learning and AI algorithms.

This AI tool automatically plans your day considering variables like deadlines, working hours, meetings, and average task duration. The best part is that it schedules meetings while ensuring they don’t conflict with your calendar.

In short, it can be a great addition to your pack of AI tools for small businesses, helping you save time, stay ahead of your day, and be more productive.

Here’s an overview of its best features, limitations, and pricing plans: 

• Plan your day and schedule meetings with AI and automation.
• See your daily schedule in one click.
• Automate tasks and project scheduling with AI.
•  Let AI create perfect to-do lists.
• Keep all your project information in one place.
• Motion desktop app can be buggy at times due to its frequent glitches.
• The mobile app is not as user-friendly as the other versions of it.
• It can make a schedule for two weeks at a time.
• The AI app does not have a free plan.
• G2: 4.3/5.0 (68+)
• Capterra: 3.8/5.0 (13+)

Lumen5 is an AI-powered cloud-based video-editing and making solution for business owners and marketers to streamline video content creation. They have an AI feature built to repurpose marketing content that automatically turns blog posts into engaging videos.

Lumen5 has a built-in library of 500M+ images, templates, and high-quality videos to help create videos that make your brand stand out.

If you find video editing overwhelming and time-consuming, this is the tool you need. Here’s an extended overview of some of its key features, critical limitations, and pricing:

• Repurpose marketing content
• Bespoke branded templates
• Generate automatic captions for all your video clips
•  Teams & collaboration features
• Lets you turn blog posts into videos
• 500M+ images, templates, and videos
• Finding the right music can be time-consuming.
• Some users have reported its video layouts need to be updated, and the user interface needs to be clearer.
• Editing or changing individual frames can be difficult for some users.
• G2: 4.5/5.0 (65+)
• Capterra: 4.6/5.0 (135+)

11. Otter AI

Otter AI is an AI meeting assistant that can help you record conversations, create audio files, transcribe user interviews, write notes & generate summaries, making your meetings more efficient and productive.

It can be integrated with Google and Microsoft Calendar and automatically record your meetings on Zoom, Google Meet, and Microsoft Teams.

Furthermore, this AI tool generates real-time meeting summaries, allowing users to catch up on anything missed.

Here’s a quick overview of its best features and critical limitations.

• Produces meeting notes from transcriptions.
• Otter AI chats to get answers instantly during meetings.
• Transcribe audio and video files
•  Generates live summaries of Zoom recordings or meetings.
• Transcribe YouTube videos
• Expert your conversation to TXT, DOCX, and PDF.
• Utter can help transcribe user interviews but can’t avoid filler words like “hmmm.”
• Sometimes transcription can spell words incorrectly.
• It takes longer than usual to upload audio transcripts to the website.
• G2: 4.1/5.0 (110+)
• Capterra: 4.5/5.0 (67+)

ChatGPT—A Free AI tool for small businesses

ChatGPT is the most efficient and reliable yet free AI chatbot online. It is an AI language model trained by OpenAI, using machine learning algorithms to generate human-like responses to text-based prompts.

Despite the fact that it’s not on our primary list, we rate it very highly and recommend that every business owner utilize it.

It can be used in content creation, content & email marketing, language translation, customer support, business planning, and other aspects of business operations.

While ChatGPT is entirely free to use, there is a $20 monthly fee for ChatGPT Plus.

And our list ends here, but before we conclude—let’s look at how you can select the right tool for your business.

How to Choose the Right AI Tools for Your Business?

The tools mentioned earlier were all about helping you streamline your business processes. But, if you still seek assistance choosing the right tools for your requirements, here are a few factors to consider before calling the shots.

• Understand your requirements : Understand your business objectives and priorities before investing in any tool. This will help you understand areas of business that need optimization and can be automatized.
• Training requirements: Understand the level of training required while onboarding an AI software. Ensure you can invest time in employee training and that the AI tool provider offers adequate support.
• Industry Experience: Make sure the tool provider has significant experience dealing in your industry to understand user behavior and provide actionable insights.
• Ethical and legal considerations: Make sure using AI in your business doesn’t violate laws or bring any legal or ethical violations.
• Return on Investment: Conduct a quick ROI analysis and determine the expected benefits or returns of using a tool to ensure the return justifies the investment.

That’s it for today. Keep these factors checked while selecting and investing in an AI tool, and you will be alright.

That’s it for today. We hope you found the tool you were searching for when you started reading. If not, go back and see if you can find something you missed earlier.

However, if need help writing a business plan, Upmetrics is the best AI business plan generator. Sign up now, and get the first draft of your business plan ready in no time!

Build your Business Plan Faster

with step-by-step Guidance & AI Assistance.

Frequently Asked Questions

What is the best ai tool for small businesses.

Many incredible AI tools exist for small businesses, including ChatGPT, Jasper, ClickUp, and others.

However, business planning being the most crucial aspect of business growth, Upmetrics is a must-have AI business planning tool for small business owners.

How can AI be used in small businesses?

AI can be used in content creation, content & email marketing, language translation, customer support, business planning, and other aspects of small business operations.

Can AI generate a business plan?

Indeed. AI business plan generators like Upmetrics can help you write a business plan in a few hours, which used to take several days.

Is there a free AI tool?

Yes, ChatGPT is the most efficient and reliable yet free AI chatbot online. While it is entirely free to use, you can purchase its premium(ChatGPT Plus) monthly subscription at $20.

How do I use AI on a startup?

There are many ways to utilize AI for a startup, but using it to create a business plan for your startup would be an ideal way to get started.

How can AI benefit your small business?

AI can help your small business increase employee productivity and efficiency, cut down costs, personalized customer services, and increase profitability—ultimately maximizing your ROI.

About the Author

Ajay is a SaaS writer and personal finance blogger who has been active in the space for over three years, writing about startups, business planning, budgeting, credit cards, and other topics related to personal finance. If not writing, he’s probably having a power nap. Read more

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Useful AI Tools for the Independent Professional and How to Make a Selection

By MBO Partners | April 11, 2024

We are just at the beginning of what promises to be a fast evolution to increasingly useful offerings for independent professionals.

While it may be tempting to wait until that evolution is further along, independent professionals need to dive in now.

Evaluate potential AI tools by applying your critieria, testing them out, and gauging the value of adding subscriptions to the budget.

It may seem like the AI tool floodgates have opened. And it’s just the beginning of what promises to be a fast evolution to increasingly sophisticated offerings. While it may be tempting to wait until that evolution is further along, independent professionals need to dive in now. There is a learning curve, not just for each tool but for the use of AI in general and gaining mastery now will allow fast adoption of future tools.

What types of AI tools should an independent incorporate into their business? A range of general offerings help with business management and productivity. Then, depending on the type of services offered, there are more focused tools to use.

General Tools for Any Independent Professional

• Time tracking and planning – Plan your work schedule, manage deadlines, analyze your productivity (e.g. Futurenda )
• Transcription and summary creation – easily upload video or audio files for AI transcription and generation of a content summary (e.g., Rev , Otter )
• Content assistance – Get help with blog articles, digital ad copy, and subject lines along with proofreading (e.g., Jasper )
• Marketing support – improve your cold email outreach efforts (e.g., ai ), quickly produce short videos for social media uploads (e.g., Supercreator AI ), use a comprehensive tool for social media, videos, blog posts and more (e.g., Simplified AI )

Service-specific Tools for Independents

Some AI tools are suitable for particular services. For example, a business consultant can better manage their appointment calendar, a digital animator can save time and improve quality, or a presentation designer can create multimedia slide decks for clients.

• Intelligent meeting scheduler – a tool that does more than simply present a calendar with available times and dates. If your business requires a lot of meetings with prospects and clients, using an AI assistant to handle schedule management can save a lot of time on your part (e.g., Scheduler AI )
• Video generator – automatically go from prompt, audio, or text to video (e.g., Steve AI )
• Document designer – Use text prompts to build multimedia presentations, embedding media from other websites (e.g., Tome )

Practical Implementation of AI Tools

The examples offered here are just a small portion of the AI tools that can help independent professionals. Research, experimentation, and financial planning are the first steps in wrapping your business around AI.

Apply Your Criteria

The criteria you apply to any AI tool should reflect what matters most to you. Examples include:

• Intuitive user interface/ease of use
• Automation capabilities
• SEO optimization
• High-quality, plagiarism-free images and content
• Guarantee that your data is secure

Research the capabilities you need in each type of AI tool you are interested in, then narrow the possibilities by looking into how well each product matches your criteria. Select one or two candidates for consideration.

Take Your Choices for a Test Drive

Try out each tool that you’ve selected (for free if possible). How easy is it to learn? Does it produce the results you want? Is the output quality high? Does it fit your business and your own work processes? Once you’ve made your choice, it’s time to think about your budget.

Does It Work Financially?

While many AI tools have free versions, once you’ve become familiar with your choices, you may need to upgrade to paid subscriptions.  Check out a tool’s pricing and gauge your need for additional features listed for paid versions. Then consider your budget: can you accommodate more than one subscription? Will the tool(s) give you a good return on your investment?  Is there potential to generate additional income because of the AI you’ve selected?  Recognize that AI will always be a line item on your budget that may increase as the technology becomes more sophisticated.

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Best AI Productivity Tools: Chatbots,Transcribers & More

As artificial intelligence experiences a new spring, kickstarted by the launch of ChatGPT in 2022, AI-enabled technologies have become a staple of our daily lives – and for good reason.

By automating manual processes, AI tools help us to work faster, and smarter. In fact, results from our own report reveal that 72% of workers who use AI extensively report high levels of productivity . However, with so many AI tools littering app stores, separating the wheat from the chaff isn't always easy.

Whether you're looking to streamline processes with task managers or create powerful copy with content writers, we round up nine AI tools designed to boost productivity, broken down into their different uses. Read on to take a look at our top picks — including their price point and features – or jump to a specific tool using the links below.

9 AI Tools to Boost Your Productivity

AI tools take up the leg work, leaving you to focus on more important tasks. Take a look at our top picks, and their USPs below.

• ChatGPT (AI chatbot)
• Gemini (AI chatbot)
• Claude (AI chatbot)
• Otter AI (AI transcriber)
• Riverside (AI transcriber)
• Jasper (AI content writer)
• CopyAI (AI content writer)
• Trevor (AI scheduling software)
• Clockwise (AI scheduling software)

Best AI Chatbots

If you're limiting yourself to one AI tool, we'd recommend using AI chatbots. The generative AI apps are trained on vast quantities of data, giving them basically limitless applications. Take a look at our favorites below.

1. ChatGPT 

• Best multi-purpose chatbot 
• Key use cases: Translating copy, creating content, data analysis, email composing, coding
• Price from: Free

If you're after a versatile AI tool, look no further than ChatGPT. OpenAI's chatbot kickstarted the AI boom back in 2022, spawning an army of copycats. However, in most ways the originator still remains undefeated, thanks in part to its powerful GPT language model, comparatively large context window, and impressive language options.

ChatGPT Advances is now powered by it's sophisticated GPT-4 model. Source: Tech.co's testing

The chatbots LLM GPT-4 – available to ChatGPT Plus users – is trained on a much larger data set than Google's Gemini (1.1.7 trillion parameters compared to 540 billion), making it more capable of responding to a wider variety of queries. This makes it more useful to users looking for a jack-of-all-trades tool with multiple uses.

ChatGPT is also excellent at learning from the conversations it has with people, making it useful for tasks like getting to grips with a new language. However, despite improvements being made in the field, ChatGPT isn't as strong as its competition when it comes to numerical tasks like coding and math equations.

The chatbot is available to users for free. However, to access GPT-4 and to use additional tools like DALL-E and advanced data analysis, you'll need to upgrade to its Plus ( $20 per month ), Team ( $25 per month ) or Enterprise plan. However, we have found a few ways you can access GPT-4 for free .

• Best for coding and research
• Key use cases: Image generation, text summarization, coding, mathematics problem solving, conducting research
• Price from : Free

Google's recently rebranded Gemini (formerly Bard) is an extremely capable AI chatbot, and its offering is constantly evolving too. The chatbot recently switched its LLM to Gemini Ultra , improving its numerical capabilities and making it more adept at tasks like coding and mathematics.

Gemini's powerful LLM model makes it excellent at producing copy and summarizing test. Souce: Tech.co testing

Gemini Ultra, which is currently only available to Gemini Advanced users, outperforms GPT-4 in a number of other areas too. Its enhanced multimodel understanding makes Gemini stronger at image generation and voice data comprehension. Gemini's access to the real-time internet makes it a more reliable source of information for research and learning purposes as well.

While the chatbot may still be prone to the occasional hallucination, its seamless integration with the Google Workspace will undoubtedly make it a better alternative for many teams too. Like ChatGPT, the chatbot currently offers a free version, as well as a Advanced tier that costs $19.99 per month .

• Best for reviewing large documents 
• Key use cases: Organising transcripts, analyzing large files, conducting research, summarizing articles

Founded by AI research lab Anthropic in 2021, Claude is a capable chatbot that prides itself on being “harmless” and maintaining a “high degree of reliability and predictability” when responding to user queries. While it may not boast the processing power of more established chatbots, it's unique input features separate it from the crowd.

Unlike rivals like ChatGPT and Gemini, Claude lets you upload files by clicking the attachment button. Users are able to upload up to five files at a time, up to a limit of 10MB each. Aside from automatically summarizing the content, Claude is capable of learning from the files and using the information to aid future queries.

Claude also lets you submit links and summarize online articles. This is a huge boon for users looking to quickly sum up lengthy articles for research purposes. However, like Gemini, Claude can be subject to the odd hallucination, so it's worth fact-checking any information you're unsure of.

Claude is available for free, but if you want to benefit from the chatbot's recently released Claude 3 AI model you'll need to pay $20 per month for its Claude Pro plan.

Best AI Transcription Tools

Manual transcription is a thankless task. By adopting AI tools, you're able to transcribe audio recordings automatically and unlock extra features like text translation and summarization. Take a look at our top picks.

4. Otter AI

• Best for transcribing work and school calls
• Key use cases: Transcribing audio, playing back meetings, summarizing calls, identifying speakers

OtterAI is a user-friendly AI meeting assistant that lets you record, transcribe, and summarize meetings in real time. The tool integrates with web conferencing platforms like Google Meet and Zoom, allowing users to access audio without switching between apps. Its free plan is very generous too, letting users transcribe 300 minutes of audio per month, from three audio and video files.

Otter AI lets you transcribe 300 minutes of audio or video content for free each month. Source: Otter.ai

Otter AI also lets you chat with other teammates for free, helping you to collaborate more efficiently. Alternatively, If you're happy to invest in a transcriber, its Pro plan ( $10 per month ) lets users transcribe 1200 minutes of content per month, from up to 10 audio or video files, and access advanced features like advanced search and playback.

5. Riverside 

• Best for transcribing interviews 
• Key use cases: Transcribing complex audio with multiple speakers, translating audio, editing audio, identifying different speakers

Riverside is an audio and video-to-text transcriber that claims to transcribe content with 99% efficiency, making it a great option for users relying on accurate transcript, such as those working in law, real estate or finance.

Riverside transcribes content with up to 99% efficiency. Source: Riverside

Its speaker differentiation feature, which automatically differentiates between speakers in transcriptions, makes it a great tool for transcribing interviews and other conversational speaking situations where involving multiple participants.

Riverside's free plan is a lot more limited than Otter AI's however, only allowing for two hours of audio and video on a one-off basis. This means that users looking to get the most out of Riverside are better off paying for its Standard ( $15 per month ), or Pro plan ($24 per month).

Best AI Content Writers

AI content writers help you streamline content creation by assisting with ideation, copy creation, editing, and more. If you're interested in getting the ball rolling with smart AI-powered software, take a look at our top choices below.

• Best for producing longer form content
• Key use cases:  Creating engaging long-form copy, improving existing copy, generating content ideas, revising and analyzing documents
• Price from : $49 per month

Previously known as Jarvis AI, Jasper is an excellent AI writing tool that helps users create a wide variety of content including documents, product descriptions, blog posts, and more. In addition to its useful content templates, the tool is also able to revise existing copy to make it more creative and engaging.

Jasper.ai lets offers a wide range of templates for users looking to create or improve existing content. Source: Jasper.ai

Jasper's long-form assistant makes it especially great for users looking to create or revamp longer pieces of copy like articles, and documents. Jasper's inbuilt grammar checker, plagiarism, and SEO tools ensure your content is high quality, and discoverable too, which gives the tool a huge advantage over its rivals.

Jaspers's feature-rich software comes at a price though. The tool doesn't currently offer a free plan, meaning that to reap its benefits you'll need to invest $39 per month for its Creator plan, or $59 per month for Jasper.ai Pro.

• Best for producing short-form content 
• Key use cases: Creating engaging short-form copy, writing product descriptions, checking for plagiarism

CopyAI is another popular artificial intelligence-enabled writing tool designed to help users overcome writer's block. The platform runs on GPT-3, supports over 25 languages, and offers over 90 writing templates (compared to the 50 offered by Jasper).

Copy.ai offers over 90 writing templates . Source: Copy.AI

It offers an excellent user experience and responds to prompts quickly, making it a good choice for users who need to produce high-quality content under tight deadlines. However, since it lacks features specialized in creating and editing long-form copy, its use is capped at short-form content creation.

Users can get started at no cost with its free plan, but to unlock unlimited credits and projects, you'll need to fork out for its Pro ( $35 per month ) or Custom plan.

Best AI Scheduling Software

Scheduling software helps you use your time more wisely. By organizing your day for you, the tools leave you with more time to crack on with tasks, socialize, and find balance.

• Best for simply daily scheduling 
• Key use cases: Creating daily timetables, time blocking, organizing tasks, writing to-do lists

Trevor is a user-friendly daily planning app designed to help users maximize deep work and be as productive as possible. The tool's to-do list feature gives you a full overview of your daily tasks and lets you customize it to your liking. Trevor even syncs your to-do list with Google or Microsoft Calendar to help you coordinate your schedules across platforms.

Trevor AI scheduling software lets you create customizable daily plans. Source: Trevor AI

Trevor's time-blocking and focus mode features work in tandem to help users work for set amounts of time without distractions. Also, for users overwhelmed by lengthy to-do lists, Trevor's software breaks tasks down tasks into 5 actionable steps to make them feel more achievable.

If you want to access advanced features like a personal AI model, recurring scheduled tasks, and personal scheduling insights, you need to upgrade to its Pro plan which costs $3.99 per month .

9. Clockwise

• Best for syncing calendars 
• Key use cases: Creating daily timetables, t racking time and attendance, reducing scheduling conflicts, time blocking, syncing work and personal calendars
• Price from : $6.75 per month

Clockwise is another AI-enabled scheduling software designed to help users enhance their productivity. Like Trevor, Clockwise utilizes time blocking to let users work undisturbed for longer. However, the platform also offers advanced calendar syncing options that let users combine events in their personal and work Google calendars.

Clockwise AI lets you sync your personal and work Google Calendars. Source: Clockwise AI

Its free version is fairly comprehensive, letting you automatically discover the optimal time for your tasks and routines, schedule outside your organization, and prospect personal time for meals, travel, and more. However, if you're using this for business purposes, we'd recommend upgrading to its Teams ( $6.75 per month ), Business ( $11.50 per month ), or Enterprise plan.

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How Business AI And Cloud ERP Are Reshaping The Business Landscape

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The business landscape is rapidly evolving, driven by innovative technologies like Business AI (BAI) and Cloud ERP. BAI, leveraging machine learning and natural language processing, analyses massive datasets to generate insights and automate tasks. Cloud ERP unifies business processes in the cloud, enhancing agility, security, and innovation.

Cloud ERP provides the foundation for AI to flourish, and Business AI takes this a step further by creating dynamic and intelligent ERP systems.

While each technology offers significant benefits, their true potential lies in working together. Think of BAI as a skilled data scientist and Cloud ERP as a meticulously organized information hub. This powerful combination empowers businesses to transform operations, gain deeper insights, and make data-driven decisions with unprecedented accuracy.

The Power of Generative AI in Cloud ERP

Cloud ERP is getting a major boost thanks to Generative AI (GenAI) and powerful models like large language models (LLMs). These AI models, trained on massive datasets, create smart and adaptable Cloud ERP systems that continuously learn and improve.

For responsible innovation, SAP's GenAI prioritizes:

• Relevance : Tailored experiences with the most valuable information for your business.
• Reliability: Flawless system function, especially for critical tasks, ensured by high data quality standards.
• Responsibility: Security, privacy, compliance, and ethics are paramount throughout development and deployment.

This ensures that Gen AI within ERP empowers businesses while safeguarding sensitive information and responsible innovation.

The Role of Cloud ERP in Business AI

For AI to be truly valuable, it needs to understand your business. To do this, it needs access to your unique data and processes, which are often siloed in on-premise ERP systems. Here's where Cloud ERP becomes critical:

1. Unified data platform: Cloud ERP centralizes all your business data, creating a clean, organized source for Business AI to make accurate predictions and generate valuable insights.

2. Pre-trained models: Developing AI solutions can be complex and requires a lot of resources. Cloud ERP platforms offer pre-built AI models, like Lego sets for AI. These models are already made, modular, and can be easily integrated with existing systems, saving businesses time and money.

3. Democratization of AI development: Traditionally, AI development required technical expertise. Cloud platforms like SAP Business Technology Platform (SAP BTP) offer low-code/no-code (LCNC) features, which lets non-technical people like business analysts, build basic AI applications using drag-and-drop interfaces and pre-defined templates. This "democratization" allows a wider range of users to leverage AI to solve specific business challenges. As an example, SAP BTP customer HanesBrands uses low-code tooling to customize their ERP with automation and new applications.

AIOps for Robust Cloud ERP Operations

AI powered capabilities will greatly enhance the operational scalability and efficiency required for monitoring, managing, and maintaining the Infrastructure, Operating System, Database, and Application layers of Cloud ERP landscapes. These capabilities will focus on key areas like:

• Operator Assistance: Business AI can support operators with tasks like knowledge discovery for agile support and content generation for consistent documentation and communication.
• Support Optimization: It can forecast ticket volume and optimize support capacity planning, as well as automate incident and event handling.
• Early Warning Systems: Business AI-driven anomaly monitoring and detection can identify potential issues before they disrupt operations.

AIOps use cases can be developed by following a structured approach: ‘Plan – Experiment – Stabilize – Expand’. But this requires a strong foundation of architecture and design patterns from both GenAI and non-GenAI practices.

Secure Usage of AI in Cloud ERP

While AI and cloud ERP offer significant business value, maximizing their benefits requires robust security measures. Human oversight remains crucial for GenAI systems, and clear employee guidelines are essential. While cyberattacks are a concern, AI can be a powerful security tool for threat prevention and access control. Machine learning algorithms can analyze data to predict and prevent threats, while AI can also strengthen access controls for Cloud ERP systems.

Juan Perez-Etchegoyen, talks about concreate security steps, in this Forbes articles . He says that it is essential for organizations to formulate a governance model and set guidelines for employees to follow while using GenAI. He also stresses on continuously monitoring the technological aspects of the business applications.

The Road Ahead

The synergy between Business AI and Cloud ERP offers a powerful toolkit for businesses to not just survive but thrive in the ever-evolving landscape. As these technologies continue to evolve, we can expect to see even more innovative solutions and use cases emerge. The future belongs to those who embrace continuous learning and adaptation. By harnessing the power of Business AI and Cloud ERP, businesses can unlock a world of possibilities, make informed decisions with greater confidence, and ultimately, redefine success in the new era of intelligent business.

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Wedding planning company launches AI tool to help couples ‘split the decisions’ for their special day

Ai tool enables couples to take a questionnaire about priorities, concerns and more — then move forward from there.

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Planning a large event such as a wedding can be stressful for many people, as decisions about ceremonies, location, guests, flower arrangements, cake designs and much more have to be made.

Zola, a wedding planning company that helps engaged couples plan details of their nuptials, announced the launch of a new tool to help couples struggling with making a myriad of decisions for the celebratory day. 

The "Split The Decisions" artificial intelligence tool will allow couples to provide expectations for the wedding planning process from the start, such as priorities, concerns, desired style and more, per Zola. 

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Then, engaged couples fill out a questionnaire in a "who’s more likely to" style to find out which person of the pair is more detail-oriented, creative and more. 

Zola said the number of decisions that need to be made ahead of a wedding is a shock factor for many couples.  (iStock / iStock)

Some of the sample questions include, "Which of you is most likely to make a spreadsheet for anything and everything?"

A WEDDING PLANNING TIMELINE: FROM ENGAGEMENT TO ‘I DO'

Another question: "Who’s more inclined to spend hours researching to find the perfect wedding detail, like the ideal centerpiece design or wedding cake flavor?"

"Many couples have proactively shared their own experiences about these challenges during wedding planning, wishing that they would have had this tool for themselves."

From there, the new AI-generated tool then divides the key wedding-planning tasks between the couple. 

Zola said its AI tool allows couples to take a questionnaire to find out which person in the relationship would be best for making certain decisions.  (Zola / Fox News)

Although there will be joint tasks to accomplish, the individuals will be given a list of decisions that each of them is solely in charge of making. 

AI TOOL HELPS COUPLES WRITE WEDDING VOWS AS MARRIAGE EXPERT WARNS, ‘BE CAUTIOUS’ WITH TECHNOLOGY

Zola noted that the split to-do list is downloadable for the individuals to start chipping away at and making those decisions for their special day. 

"This tool is directly solving a pain point for so many couples."

Zola’s chief marketing officer Victoria Vaynberg told FOX Business the tool was created due to the high number of decisions that need to be made during the wedding process. 

WHEN SHOULD I START SAVING FOR MY WEDDING?

"Our 2024 First Look Report found that the No. 1 surprise about wedding planning is the sheer number of decisions they must make," she said. 

The AI tool from Zola will be in the form of a questionnaire for couples.  (iStock / iStock)

She continued, "The No. 1 societal expectation that they want to see change is the stereotypical assumption that one person will take on the majority of wedding-planning responsibilities."

Vaynberg said the response from engaged couples has been positive — but they've also shared their vulnerabilities.

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"Many couples have proactively shared their own experiences about these challenges during wedding planning, wishing that they would have had this tool for themselves," she noted. 

Zola has launched an AI tool to help couples make decisions for their wedding day.  (iStock / iStock)

She added, "It’s a rewarding experience to know that this tool is something that is directly solving a pain point for so many couples."

Couples looking to use the tool must have a ChatGPT Plus membership , which costs $20 a month.

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Zola, which is based in New York City, began as an online wedding registry.

Today it includes wedding planning, website building, advice and more.

For more information on how to use the "Split The Decision" tool, anyone can visit Zola.com. 

For more Lifestyle articles, visit www.foxbusiness.com/lifestyle .