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The Top 10 AI Business Plan Generators: A 2024 Guide

A Free Business Plan Template

Ajay Jagtap

• January 3, 2024

16 Min Read

Let’s face it, drafting a business plan has never been a stroll in the park. Thanks to AI business plan generators, the process has become much easier and faster.

But, with only a few worthwhile options available, it’s challenging to find the right business plan generator that suits your requirements.

Don’t worry; we’ve got you covered. Here’s a list of the 10 best AI-based business plan generators to help you get started.

Sounds interesting? Let’s dive right in.

What is an AI Business Plan Generator?

AI business plan generator , in simple words, is software that uses AI algorithms to create a business plan based on user inputs.

Usually, these generators use natural language processing (NLP) algorithms to produce written content tailored to the specific needs of your business.

It’s a go-to solution for entrepreneurs and small business owners to build an investment-ready business plan without spending a fortune on expensive consultants.

Let’s take a closer look at these 10 AI-based business plan generators.

10 Best AI-based Business Plan Generators

1. upmetrics.

Upmetrics is the most efficient and reliable AI-powered business plan generator helping new-age entrepreneurs create comprehensive business plans with its advanced AI capabilities.

With Upmetrics AI Assistant , writing a business plan is now easier than ever.

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

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

So, how does this Upmetrics AI assistant work?

Well, it’s quite simple. Once you input text into a section of your plan using the Upmetrics business plan editor, you can choose the “Write with AI” option for AI assistance.

Or you can simply auto-write the entire text by promoting what you want to include in that section.

There’s a drop-down menu where you can choose from Auto Write, Auto Improve, shorten, expand, and Professional, persuasive, and academic tones to update your text.

Here is an extended list of features that Upmetrics AI assistant can provide:

•  AI-powered text generation to write 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 a  pricing page for more information.

The most helpful feature was to make a business plan out of a simple idea. Thankful for all the tools provided, especially AI which did a great impact on my work .

Create visually appealing business plans with our

Plans starting from $7/month

2. Notion AI

As we all know, Notion is a productivity and note-taking app. It’s been around for a long time helping individuals and professionals create to-do lists, manage tasks & projects, and more.

Notion Labs Inc. has recently launched the all-new Notion AI which maximizes Notion’s existing capabilities with AI advancements.

Though it’s not a specifically developed AI business plan generator like Upmetrics, writing a business plan is one of many things you can do with Notion AI.

It can help you summarize text, offer key takeaways from your research, fix spelling & grammar, translate your text, edit tone & voice, and more.

Here’s a list of the pros and cons of Notion AI you should consider before purchasing.

• Smart suggestions: Notion AI can provide intelligent suggestions based on user behavior.
• Automation: It can help you automate various tasks reducing manual efforts.
• Time-saving: Notion AI can produce content more quickly compared to human writers.
• AI limitations: AI has its limitation, so it may not always provide accurate results.
• Learning curve: understanding the platform with AI can be a steep learning curve.
• Privacy concerns: Notion AI processes user data to personalize suggestions that may raise privacy concerns.

Check out the pricing plans for Notion AI. You may visit their pricing page for detailed information.

Copy AI is an AI-powered writing tool that uses NLP algorithms to turn your raw text into a persuasive copy. They cater to a wide range of users with 90+ tools and templates.

You can use Copy AI’s free business plan templates to write the initial draft of your business plan.

You may click here and log in to access the business plan template. Then, you’ll be prompted to fill out a few key details about your business.

This information may include details, such as business name, target market description, problems your business intends to solve, revenue model, etc.

Depending on your requirements, you may also select a friendly, persuasive, or professional tone for your content.

Pros and Cons

Here’s the list of pros and cons of using Copy AI you should consider before purchasing.

• Ease of use: It has a simple and easy-to-use user interface.
• Option to select specific tones: Users can select the specific tone for content. E.g., professional, friendly, etc.
• Supports AIDA framework: Follows AIDA framework to create content tailored to the target audience.
• Need lots of fact-checking: AI may sometimes produce incorrect information.
• Highly random information: It may sometimes provide random information.
• Generating long-form content can be frustrating: You may want to take one section at a time.

Copy AI has a free plan, but it only comes with 10 credits, so you will definitely need a subscription moving forward.

4. Beautiful AI

Beautiful AI is an AI-powered presentation software that helps individuals create exquisite business presentations in no time—with no design skills.

All you need to do is add text, and your content will transform into elegant presentation slides—no image resizing, no content placement, nothing. You may click here and log in to access the business plan template. Then, you’ll be prompted to fill out a few key details about your business. Here is why beautiful AI is a top pick for stunning presentations and business plans:

• 65+ smart slide templates with pre-designed slide galleries.
• Brand consistency with custom presentation themes.
• Hundreds of customizable starter templates.

The best part about Beautiful AI is you never need to start a presentation or business plan from scratch. Ask Designerbot about the type of presentation you need, and it will create a first draft.

Here’s the list of pros and cons of Beautiful AI you should consider before purchasing.

• Ease of use: Anyone with less or no design skills can create presentations using Beautiful AI.
• Hundreds of starter templates: The platform has 100+ starter templates to get started.
• AI-powered designs: Beautiful AI uses Artificial Intelligence to suggest layouts, fonts, and themes.
• Limited customization: AI-generated templates may not always suit your requirements.
• Limited functionality: AI can create professional-looking documents but may lack advanced animation.
• No free plan: Beautiful AI does not have a free plan, so you must pay for membership.

Beautiful AI doesn’t have a free plan, but a free trial is available. Check out its pricing plans.

5. Wordkraft AI

Wordkraft is an AI-powered writing tool that helps users create well-written and optimized content while saving time, money, and resources.

It uses GPT-3, one of the most sophisticated autoregressive language models available in the market, to generate AI content.

You can use Wordkraft’s free business plan template to create the first draft of your business plan.

Then, you’ll be prompted to fill out a few key details about your business. This information may include details, such as business name, goals, strategies, products and services you offer, financial projections, etc.

It also has a few advanced options that include—language, tone of voice, creativity level, and the number of variants needed.

• User-friendly Interface: Wordkraft has a user-friendly interface that is easy to use and navigate.
• Advanced options: It has advanced options to change language, tone of voice, and creativity.
• Time-saving: AI can produce content more quickly than human writers.
• Limited creativity: While Wordkraft AI can save time, it may not be as creative as humans.

Wordkraft AI has a free plan but comes with a 1,000-word limit, so you will definitely need a subscription moving forward.

You may visit Beautiful AI’s pricing page for detailed information.

A Bit AI is a cloud-document collaboration document and management platform that helps users create, share, and track digital documents.

The AI-powered tool allows users to add images text videos, cloud, and music files to their documents.

You can use Bit AI’s free business plan template to get started. Key benefits of using Bit AI to create a business plan:

Furthermore, you can embed Bit documents onto any website; you can interact with these documents and see them in their entirety.

Here’s the list of pros and cons of Bit AI you should consider before purchasing.

• Collaboration: You can collaborate with your team to work on your business plan.
• Pre-designed templates: a range of pre-designed templates to help you get started.
• Automation: Bit automatically automates redundant and repetitive tasks.
• Limited customization: Customization in pre-designed templates is limited.
• No writing assistance: While Bit can provide templates for your business plan, it doesn’t provide any writing assistance.
• No offline access: Bit AI is a cloud-based platform, so you must have a reliable internet connection to access documents.

Check out the pricing plans for Bit AI. You may visit their pricing page for detailed information.

7. Simplified

Simplified is an AI platform that uses artificial intelligence to help users generate and publish content quickly.

It’s not primarily an AI business plan generator, but it provides AI business plan templates that can be used to draft a business plan.

Besides business plan writing assistance, Simplified specializes in generating instant copies, creating long-form content, and developing visually appealing images and videos.

Here’s the list of pros and cons of Simplified you should consider before purchasing.

• Accessibility: the tool is easily accessible even for non-technical users.
• Recommendations: Simplified offers some intelligent suggestions based on the information provided.
• Time and cost efficiency: It can help you save both time and money when writing a business plan.
• Lack of customization: This tool can be valuable for beginners but not for detailed business planning.
• Data dependence: The results heavily rely on the data. A lack of data may result in low-quality responses.
• Limited understanding: the tool may lack industry dynamics and market nuances.

Check out the pricing plans for Simplified AI. You may visit their pricing page for detailed information.

8. Writecream (ChatGenie)

Like Wordkraft and Copy AI, Writecream is an AI-powered writing assistant that uses NLP algorithms to generate text-based responses to your query.

You can use Writecream’s free business plan generator to write the initial draft of your business plan. You may log in and select ChatGenie from the dashboard to kickstart the writing process.

Apart from business plan writing, you can use ChatGenie to generate textual content like cold emails, long-form blog posts, marketing copies, and digital ads.

Let’s have a look at the pros and cons of using Writecream for business plan writing.

• Collaboration: Team members and advisors can collaborate in real time with Writecream.
• Cost-effective: Writing a business plan with Writecream is less expensive than hiring consultants.
• Not for detailed business planning: this isn’t suitable for detailed business planning with long-term financial forecasting.

Check out the pricing plans for Writecream. You may visit their pricing page for detailed information.

9. Cookup AI

Cookup AI is an ongoing database of AI tools where people can create and submit ChatGPT prompts for others to use. The platform has many AI tools for various tasks including SEO, programming, social media marketing, blogging, business planning, and more.

While it can help you create a decent business plan, you must provide a detailed description of your business and other pertinent information.

Remember, just like ChatGPT, this tool will only help you write a business plan. You will still need a business plan software or designing tool to structure this information and create a business plan.

While CookUp is 100% free to use, it may not be an ideal choice for detailed business planning & financial forecasting.

Here’s a list of the pros and cons of Cookup AI you should consider before purchasing.

• Accessibility: Easily accessible tool, even for non-technical users.
• Free to use: Cookup AI is a 100% free-to-use AI tool.
• Limited information: CookUp AI’s response to queries is relatively limited compared to tools like Upmetrics.
• Limited customizations: This tool may not be an ideal option for comprehensive business planning.

10. ChatGPT—A Free Alternative

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

Technically, ChatGPT is not a business plan generator, nor does it offer any business plan templates.

Still, it’s on the list because writing a business plan is one of many things; you can do using ChatGPT—that too for free.

We have created a detailed guide on using ChatGPT to write a business plan to help you get started.

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

You don’t have to go for a paid version; ChatGPT is just fine for you to get started. We have created a detailed guide on using ChatGPT to write a business plan to help you get started.

Learn more Use ChatGPT to write your business plan

Here’s the list of pros and cons of ChatGPT you should consider before purchasing.

• Cost-effective solution: Writing a business plan with ChatGPT is more cost-effective than hiring expensive consultants.
• Efficiency: ChatGPT can efficiently organize data, generate financial plans, develop marketing strategies, and more.
• Limited context: It may have limited context about your business. You can train the model before prompting it to write.
• Lack of empathy: An AI language model may lack emotional intelligence and compassion.

That’s it. That was the list of the 10 best AI business plan generators. Let’s discuss how to take the final call—choose a business plan generator.

How to Choose an AI Business Plan Generator Software?

Still, trying to figure out how to choose an AI business plan generator? You should consider a few crucial factors before making the final call.

• Features: Understand your required features in an AI business plan generator. E.g., writing assistance, visual templates, etc. For instance, Copy.AI, Wordkraft, and ChatGPT may help you write content for your business plan, but they won’t offer the visual templates that BIT AI and Beautiful AI can.
• Pricing: Look for AI-based business plan generators that offer the features you require at affordable prices.
• Ease of use: Choose a tool that is easy to use and navigate for someone with basic knowledge of writing and editing.
• Reviews and testimonials: Check review websites like Capterra and Trustpilot for reviews and testimonials about such tools.

That’s it for today. Keep these factors checked before choosing an AI business plan generator, and you will be alright.

In a nutshell, these AI-based business plan generators can create a foolproof business plan in a few hours that used to take days—maybe even weeks.

AI has its limitations, so make sure you don’t rely heavily on it. Therefore, combining AI and human expertise in a holistic approach to planning would be a smart move.

Pick one of these tools, create a business plan, and take your business to new heights.

Build your Business Plan Faster

with step-by-step Guidance & AI Assistance.

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• Overview of Different Types of Business Plans
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• Constructing a Management Section in Your Business Plan
• Effective Ways to Conduct Market Analysis
• Detailing Your Products and Services in Your Business Plan
• Crafting a Thorough Business Plan Outline
• Designing an Appealing Business Plan Cover Page
• Including a Confidentiality Statement in Your Business Plan
• Free Startup Business Plan Template

Frequently Asked Questions

Which ai can write a business plan.

There are only a few certain AI writing tools that can help you write a business plan. Here are some of the most trusted AI business plan writing assistants.

• Wordkraft AI

What are the benefits of using AI-based business plan generators?

The benefits of using AI-based business plan generators are enormous. The following are just a few of the major ones.

• Time saver: Using AI business plan generators, you can write a business plan in minutes, which would normally take a human several hours or days.
• Cost-effective: Hiring an expert business plan writer or consultant can be expensive. AI business plan writing tools are the most cost-effective alternative for small business owners.
• Access to Data: AI tools like ChatGPT can access various data sources, so conducting market research or finding valuable industry insights is way easier with Artificial Intelligence.

Some of the other benefits of using AI-based business plan generators may include increased efficiency, customization, and user friendliness.

How do AI business plan generators work?

AI Business plan generators usually use natural language processing (NLP) algorithms to generate text-based responses to prompts or instructions. Some of the most popular AI writing tools, such as Copy AI, Wordkraft AI, and Writesonic, use the GPT-3 module for AI writing.

Are there any free AI-based business plan generators available?

AI-based business plan generator tools like Copy AI and Wordkraft AI have free plans but with limited functionalities. If using these tools, you will definitely need a subscription moving forward.

However, you can use ChatGPT; it is free and the most reliable AI language model to help you write a business plan.

Can the AI business plan generator provide guidance on market research?

Yes, AI business plan generators like Upmetrics will soon be able to guide your market research to help you create a comprehensive and well-organized market research section.

Upmetrics is developing an AI business planning chatbot; you can ask it for feedback, suggestions, or guidance about your plan. Learn more about Upmetrics AI Assistant .

Is technical knowledge required to use an AI business plan generator?

No. If you are using an AI tool like Upmetrics, you don’t need any technical knowledge to be able to efficiently use the tool and create a detailed plan.

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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10 Best AI Business Plan Generators (May 2024)

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Table Of Contents

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

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

1. Upmetrics

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

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

Key features of Upmetrics:

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

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

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

Key features of Plus AI:

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

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

Read our Plus AI Review or visit Plus AI .

3. Storydoc

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

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

Key features of Storydoc:

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

4. 15minuteplan

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

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

Key features of 15minuteplan:

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

5. Notion AI

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

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

Key features of Notion AI:

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

6. Beautiful AI

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

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

Key features of Beautiful AI:

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

7. Wordkraft AI

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

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

Key features of Wordkraft AI:

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

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

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

Key features of Bit AI:

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

9. Simplified

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

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

Key features of Simplified:

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

10. Wordkraft

Wordkraft is an AI-driven platform that simplifies the content creation process for business plans, marketing materials, and more. By leveraging advanced AI algorithms, Wordkraft generates high-quality, engaging content tailored to your specific needs. The platform offers a range of features designed to streamline the writing process, including customizable business plan sections, AI-generated content options, and the ability to adapt the tone and style of the content to suit your brand.

Wordkraft also provides multilingual content generation with 40+ languages, , and brand voice consistency, ensuring that your business plan is original, professional, and aligned with your overall messaging.

Key features of WordKraft:

• AI-assisted business plan writing
• AI-generated content options
• Multilingual content generation
• Built-in plagiarism checker
• Brand voice consistency
• Versatile content creation for sales and marketing teams

Creating the Best Business Plans with AI

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

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

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

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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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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 (FAQ)

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

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

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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January 4, 2024

Best AI business plan generators of 2024

This guide reviews the primary components of a business plan and our top 10 picks for the best AI business plan generators.

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AI has created millions of new business opportunities and made it easier than ever before to launch a new business. If you have a business idea and are looking to put together a business plan, you can also use AI tools to help validate your idea and present it to investors or partners.

Whether you're a repeat entrepreneur or just thinking about your first business idea, thinking through your business plan can be an important step for getting your business off the ground.

In this guide, we'll review the primary components of a business plan, what an AI business plan generator is, the top features to look for, and our top picks for the best AI business plan generators.

What is a business plan?

A business plan is a strategic document that provides an overview of a business's goals and its strategy for achieving them. Typically, a business plan will include items like:

• Description of the business and product
• Analysis of the competitive landscape
• Product, marketing, and sales strategy
• KPIs and financial projections

Two of the primary reasons that entrepreneurs and executives create business plans are (1) to plan out key business decisions and strategy before spending time on execution and (2) to share their business ideas with partners who may want to invest or work together with the business.

A well-crafted business plan should serve as a roadmap for a business's growth and help entrepreneurs make good decisions and allocate resources effectively.

What is an AI business plan generator?

An AI business plan generator is a software tool that uses AI to create a customized business plan for your specific needs. Typically, an AI business plan generator will ask you key information about your business like industry, target market, and financial goals, and then the AI generator can analyze the information and produce a well-structured business plan. This can save you time and effort while ensuring that your plan is tailored to your unique business.

Top features to look for in an AI business plan generator

Here are some features that you should look for in an AI business plan generator:

• Fast and user-friendly interface : A good AI business plan generator should be easy to use, with an intuitive interface to guide you through the process of creating your plan. Typically this will be in the form of a chat or app interface.
• "Copilot" customizability : We all know AI is rarely perfect, especially when creating important documents like a business plan. It can often involve several back-and-forth revisions with the AI before you land on something you like. Look for a tool that acts as a "copilot" and can add or remove sections and tailor language to match your brand voice, rather than a product that promises you a 100% completed product that it will not be able to deliver on.
• Collaboration features : If you're working with a team or partners, choose an AI business plan generator that allow you to share the business plan with others and collaborate on revisions. You don't want to write your business plan in a vacuum, but if you use a proprietary AI tool that no one else has access to, it can be difficult to collaborate with others.
• Export options : Make sure that your AI business plan generator allows you to create and export your business plan in the format that you want, such as a slide deck, PDF, Word, or Google Doc. Some AI business plan generators will be focused on text documents, while others will just describe your business plan in a series of chat messages, and others, like Plus AI, will give you a presentation that you can share with colleagues and partners.

How do I use an AI business plan generator?

Using an AI business plan generator should be easy. Here's how to get started!

• Pick an AI business plan generator from our list.
• Provide as much information about your business as you'd like to help the AI understand your business and tailor the business plan accordingly.
• Ask the AI for the first draft of your business plan.
• Review the AI-generated plan and make any necessary revisions.
• Share the plan with coworkers and partners to gather feedback and continue making revisions.

The important thing to remember in this process is that an AI tool is unlikely to understand your business as well as you do. Make sure you spend time validating the accuracy of the AI business plan and whether it is capturing the right story behind your business.

Example prompt for AI business plan generator

Here are some of the key pieces of information to share with an AI business plan generator, as well as how you might string them together in a few example prompts:

• Overview of the business (history, founding story, number of employees, growth, notable facts)
• Key product(s) and unique selling proposition
• Key sales and marketing channels
• Proposed strategy for product, sales, and/or marketing
• Market landscape and comparison to competitors
• Goals, KPIs, and financial projections
• Key milestones to-date (e.g., revenue, key customers, product breakthroughs)
• Target audience and customer segments
• Management team and other key personnel
• Risks and challenges
• Opportunities and new investment areas
• Funding needs and use of funds
• Exit strategy

Example prompt to create a business plan

Create a business plan for Dan's Desserts, a direct-to-consumer cookies and candy company that will be launched in Q3 of 2023. Dan's Desserts sells sweets via a website and app-based delivery services, and the unique strategy of Dan's Desserts is to leverage TikTok and other short-form video platforms for marketing its products. It aims to reach $1M in sales by the end of the year.

Best AI business plan generators

There are dozens of different AI tools that can help you write a business plan. Here are 10 of the best options we've found in our research.

• ChatGPT and Custom GPTs

Link: https://chat.openai.com/

ChatGPT is the most well-known AI tool in the market today, and it is capable of generating business plans and helping users think through their business ideas in a back-and-forth chat interface. Just provide it with a prompt like the example above, and it will get started immediately.

To go a step further, you can use a Custom GPT like the Plus AI business plan generator, which will help prompt you for more information to further refine your business plan, give you more ideas and tips as you co-create your business plan, and output your business plan in a consistent format.

The primary challenge with using ChatGPT to create your business plan is that it does not naturally export its chats into other productivity tools, which limits your range of outputs formats and collaboration options. If you are going to be presenting or sharing your business plan with others, you will probably need to use another tool to take the raw ChatGPT output and turn it into something else.

For example, to turn your ChatGPT business plan into a slide deck , you will need to use a tool like Plus AI to convert your ChatGPT output into a presentation. To turn your ChatGPT output into a Google Doc, you can probably just copy and paste it directly into Google Docs.

Link: https://www.plusdocs.com/

While the old-school mental image of a "business plan" is a thick stack of pages of single-spaced text, most modern startups and companies use a slide deck for their business plans. Slides make it easier to read, easier to share, and easier to highlight the key aspects of your businesses that differentiate it from others.

Plus AI is an AI tool that specializes in making well-designed, professional presentations, which makes it the perfect tool for business plans. After giving Plus a brief about your business, it will give you the outline of a business plan (which you can edit and rearrange), and then it will generate the first draft of your business plan.

Once the presentation has been generated, you can create and apply a custom theme, add or remove slides, and rewrite or reformat slides as you see fit. It's an end-to-end tool to help you create the perfect presentation. Some of the other key benefits of Plus AI are:

• It works directly in Google Slides, so you get all of the built-in editing and collaboration features
• It allows you to edit, revise, and theme your slides after you create a first draft of a presentation
• You can use Plus AI to insert one slide at a time, or an entire presentation
• It's free to try it out!

3. Notion AI

Link: https://www.notion.so/

If you are interested in productivity and startups, you've probably heard of Notion. Notion is an all-in-one workspace app that allows users to organize all of their notes, tasks, and references in one place.

The primary user interface for Notion is a document editor, and there are multiple ways to use Notion AI within the Notion editor. You can give it a freeform prompt like "Create a business plan for..." and have it generate a full document, or you can create section headers or an outline, and then use Notion AI to write each section individually.

One of the best parts of using a "native" AI tool like Notion AI is the output comes out looking beautifully formatted as it is written using Notion's native blocks, and it's fun and easy to write and edit content in Notion. The downside of using an app like Notion is if you later have to copy and paste it into Google Docs or Word, the formatting can get lost or mis-translated.

If you are working on launching a new business and you already have many notes and ideas written across various Notion pages, creating a business plan in Notion could be a great idea. It also makes it easier to collaborate and continue to refine a plan since it keeps everything and everyone in one place.

Link: https://coda.io/

Coda is a similar product to Notion, and it was one of the earliest tools to deeply embed AI into its product workflows. Coda has an AI interface that will allow you to generate entire docs from a prompt, or the ability to write individual sections or an outline of a document.

Just like Notion, Coda will create outputs in the native format of a Coda doc, which is great for collaboration, but might not be as conducive to outputting into other formats for sharing with partners or investors.

One thing we found in testing Coda, is that will create AI content using tables, which can be helpful for presenting time-series data or other numerical data, and it seems like the other AI tools are not as good at creating non-text information.

If you are considering Coda vs. Notion, check out our comparison of the two products here , and go with the one that you think is a better match for your business.

5. Beautiful.ai

Beautiful.ai is one of the older AI tools on the market, and it is specifically intended for building slide decks. If you are looking for a product that can help design slides to show off a business plan, it might be a good fit.

There are two ways you can use Beautiful.ai. The first is to use their AI "Designer Bot" which will take a free-form AI instruction to create a presentation. The second way is to use their AI slide designer, which will walk you through a handful of steps to pick and design a slide.

Beautiful.AI leans heavily on their templating and theming engine to create aesthetic slides, so it is a good tool to use with a team to make sure your slides are consistent. However, because it is a standalone presentation tool, you will need to export your content in order to share it as a doc or slide deck with someone who uses Google Workspace or Microsoft Office, and the formatting may get mis-translated during the export process.

6. Jasper AI

Jasper AI is one of the most well-known AI writing tools in the market today. While it is primarily focused on marketing teams, it is also very useful for general business writing, and you can use it to write business plans as well.

Because JasperAI has been optimized for writing, it will generally have higher quality writing and more functionality like the ability to select a custom writing voice, use different ML models, and quickly transform content.

Because the tool is relatively expensive (but offers a free trial), you may want to try it out for your business plan, see if you can use it for other use cases as well, and then make a decision on whether it is worth considering.

TypeAI is an AI document editor, specifically focused on writers. Its main focus is providing a UI and set of workflows that makes it easy for writers to quickly create high-quality content.

Some of the best features in TypeAI are the suggestions for what to write about next and the chat function that can allow you to ask questions like "What are some of the key risks I should consider for my business?" When using Type to create a business plan, these features are helpful ways to find what to add to your plan or find areas of your plan that need additional explanation.

TypeAI offers a free trial, so you can try it out for writing your business plan and then see if you find value in using it for writing other types of documents and materials as well.

8. 15MinutePlan.ai

15MinutePlan is a simple website that focuses only on generating text-based business plans. Their site will walk you through a 7-step questionnaire about your business and then create a business plan document after the last step.

There is no need to login or pay for the plan at this phase, but if you'd like to edit the plan or get premium features (like the ability to use AI to ask questions about the plan), you will be asked to pay.

The general quality of the writing and output seem similar or lower than tools like Coda AI or Notion AI, but because it asks detailed questions about your business, the content can sometimes be better than the other AI tools.

Our advice would be to try a tool like 15MinutePlan and see if it gives you what you need, but more importantly, save the answers you provide to their questionnaire and then use the same inputs for the other AI tools to get higher quality outputs everywhere.

9. VentureKit

VentureKit is another streamlined website that focuses only on generating business plans. Their site will ask you a couple of questions and then create a long business plan with different sections. The overview sections are free, but the more detailed sections on implementation plans and competitor analysis require you to pay.

The nice part of the Venture Kit package is that it shows you a detailed outline of all of the potential sections of a business plan, and it is presented in a way that makes it more visually appealing than a standard text document.

However, at the end of the day, if you need to convert this into a Google Doc or a presentation, it is still a long set of different text blocks that you will either need to copy and paste or transform into a different format.

We'd recommend taking a look at the different sections they present in their business plan outline and then figuring out if you need any or all of them before you upgrade to a premium plan. It could also be that some of those pieces of the outline could help you better clarify what you need in your business plan to the other AI tools.

10. Grammarly

Grammarly has a simple webpage that asks you a series of questions before generating a "one-pager" business plan. This is not a particularly sophisticated AI generator, but the simple interface and simple output make it easy to quickly think through a new idea without a lot of setup work.

Frequently asked questions

• Can I use ChatGPT to create a business plan? Yes. You can use ChatGPT to generate a whole business plan or sections of your business plan. If you would like to convert your business plan into a presentation, you may also consider a tool like Plus AI .
• Can I trust the accuracy of an AI business plan? Sort of. While AI-generated business plans are a great way to get a head-start on the first draft of your business plan, it's essential to review and verify the accuracy of the plan and tailor it to your business before sharing with partners.
• Can I use an AI business plan for any type of business? Yes, you can use AI to generate a business plan for any type of business, although the AI may be better for 'mainstream' businesses like a coffee shop than for a nuclear power startup.
• How can I customize an AI business plan for my business? After you get a first draft of your business plan, make sure the AI tool you use allows you to revise and edit the output. A tool like Plus AI, for example, lives directly in Google Slides, which makes it easy to collaborate on customizing your plan for your business.

Using AI to create a business plan can save you a lot of time and effort when you are trying to launch your business. Of course, AI is not always one-size-fits-all, so finding the right tool to support you and your business is not always straightforward. Hopefully this guide allows you to get started on your business plan and find some tools that can assist you with other tasks as well. 

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You ask, we answer.

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

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

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

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

Some sample questions include:

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

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

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Frequently asked questions.

AI Business Plan Generator

Begin your business journey with PrometAI's AI business plan generator . It's designed to guide you through each step, ensuring clarity and ease in crafting your business blueprint . Start your success story today with a plan that sets the foundation for growth and achievement.

Benefits of Creating Business Plan with PrometAI

We revolutionize financial analysis and reporting for professionals across industries Experience the advantages of PrometAI, the best AI business plan generator . Enjoy easy plan creation, powered by insightful data. It simplifies the process enabling you to generate a business plan and valuation seamlessly, setting a solid foundation for your startup. Ideal for entrepreneurs at any stage, it ensures your plan aligns with your vision and industry standards, promising a smooth path to success. Writing a business plan becomes an effortless process as it is based on analytical data ensuring accuracy. Our platform crafts strategies that meet industry benchmarks. Beyond simple planning, PrometAI empowers you with tools for effective decision-making and future forecasting, making your business journey smooth and strategic. With PrometAI, your planning is elevated, laying a strong foundation for success.

Best Practice Business Plans

Benchmark Excellence: Industry Highest Standards for Business Plan Content and Structure.

Expert-Designed Valuation

Crafted by Top Industry Experts for Accuracy and Insight.

AI-Assisted Simplicity

AI-Powered Assistance for Effortless and Streamlined Business Plan Creation

who is it for?

Launching your fashion line? Design your roadmap to success with us.

Hospitality

Dreaming of opening your coffee shop? We'll brew a flawless plan together.

Aspiring to revolutionize logistics? Plot your industry breakthrough with our guidance.

Strategy Toolkit

Harness the power of strategic planning with our comprehensive Strategy Toolkit, featuring essential tools like SWOT Analysis, Porter's Five Forces, VRIO, PESTEL, and Strategy Canvas, designed to provide deep insights and guide you in formulating a robust, actionable business plan.

Elevate your financial strategy with our Precision Valuation feature, a sophisticated suite rooted in vast experience and industry best practices. Our tools, including DCF, Multiples, Residual Value, and the Dividend Model, are designed to provide you with a comprehensive, accurate valuation of your business.

Craft your pathway to success with our best-in-class business plan structures and content guidelines. Our platform ensures that you cover all pivotal areas — from roadmaps and market analysis to risk assessment and task lists — aligning your plan with industry standards and best practices.

Data Security & Intellectual Property Protection

Securing Your Business Ideas

At PrometAI, we understand the importance of securing your business ideas when creating a business plan. Your trust is our priority. We ensure unparalleled protection for your business ideas and data . Our platform integrates advanced security technologies and complies with strict international data protection standards. With PrometAI, you're not just planning, you're building your future on a secure foundation. Feel confident in our secure environment as you craft your business roadmap. With us, your strategic planning is safe and sound. Trust PrometAI for a secure planning experience.

About the app

Strategies for Improving Financial Reporting & Analysis

Improve your financial management with strategic business planning . PrometAI offers clear business plan examples to make your financial reporting and analysis stronger. Our tool simplifies financial planning for all businesses, ensuring easy navigation through financial strategies. It's tailored for all types of businesses, simplifying complex financial strategies into manageable steps. PrometAI not only offers clear guidance but also integrates innovative tools for in-depth financial analysis, helping you make informed decisions. With our support, strategic planning leads to practical success, securing your financial future

how it works

A Complete Tutorial to PrometAI

Wave goodbye to the struggles of drafting a business plan and valuation! As a leading business plan AI generator , PrometAI revolutionizes the way you bring your ideas to life, especially for startups. Our user-friendly platform smoothly guides you from an idea to an impressive business plan for startups . With PrometAI, you gain access to tools and insights that turn planning into a strategic advantage, ensuring your business foundation is solid and ready for growth.

Business Planning Process With PrometAI

Echoing the insight of Dwight D. Eisenhower, "Plans are nothing; planning is everything" PrometAI serves as your online free AI business plan generator , highlighting the critical role of planning and valuation. Our platform integrates AI and strategic insights, simplifying and enriching the planning experience. It's the in-depth exploration of various business scenarios that truly makes a difference. With PrometAI, you're not merely drafting a plan; you're engaging in an extensive planning process that prepares you for any business challenge.

Start with Your Vision

Begin by outlining your business idea. Share your vision, and let PrometAI guide you through shaping it into a structured plan.

Section-by-Section Guidance

Navigate through each section effortlessly. PrometAI breaks down the business plan into manageable sections. You can input your information or use AI to generate content, with helpful prompts and examples at every step.

AI-Powered Assistance

Leverage AI for seamless content generation. Whether it’s market analysis or financial projections, use PrometAI’s AI capabilities to automatically generate insightful and relevant content.

Learn as You Go

Educational insights at every stage. Not just a tool for creation, PrometAI educates you on each aspect of the business plan, ensuring you understand every component you're creating.

Refine and Perfect

Review and refine your plan. Once your sections are completed, PrometAI helps you review and fine-tune your plan, ensuring coherence and readiness for presentation.

Your Plan, Ready to Present

Showcase your business plan with confidence. With a comprehensive, expertly crafted plan in hand, you’re ready to present to investors, stakeholders, or financial institutions. Embark on your business planning journey with PrometAI and transform your ideas into reality with a plan that’s not just a document, but a roadmap to success.

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Active users

Registered users

Business plans generated

What our users say

With over 15 years of experience in business planning and financial control, I've rarely come across tools as effective as PrometAI. I particularly liked the structured approach for planning and valuation. This not only saved me time but also ensured that no critical component of our business model was overlooked! The final presentation is not just a standard word document - it's a beautifully crafted piece of work that I am excited to share with potential investors. I highly recommend PrometAI.app to professionals seeking an edge in business planning and investor communication.

Marina Leskina, MBA

Head of FP&A, Director

With a substantial background in investment strategy, I've encountered numerous tools aimed at enhancing business and financial planning. PrometAI.app stands out for its innovative use of AI, which significantly enriches the planning process. By integrating advanced AI with comprehensive market data, this tool offers a level of insight and precision that is exceptional. The capabilities of PrometAI.app to process and analyze complex data efficiently make it a noteworthy asset in the realm of strategic planning. It is a formidable resource for anyone serious about leveraging technology to refine their planning and strategic development.

Aaron Mirsky, Ph.D

Portfolio Manager at Rainmaker Group

After years of working with renowned consulting groups like McKinsey and Deloitte, I've developed a keen eye for robust business tools. PrometAI.app stands out impressively in this crowded space. Its business plan and valuation framework is meticulously designed, reflecting deep industry insights and strategic acumen. PrometAI.app is perfect for fundraising with investors, providing a strong foundation for presenting to and communicating with potential stakeholders. For anyone in the consulting field looking to enhance their business planning capabilities, PrometAI.app is a remarkable asset. I strongly recommend it for its innovative approach and real-world applicability.

Ali Barmada, CFA

Co-founder at Brokers Digital

PrometAI’s Blueprint is a detailed guide for crafting business plans, emphasizing clarity and strategy. It offers a step-by-step guide for creating a thorough business plan. It breaks down complex planning into simpler parts, like setting your business goals, analyzing your market, and planning your finances. This makes it easier for anyone, from beginners to experienced entrepreneurs, to develop a solid plan for their business.

Mission Statement

A mission statement is a brief description of an organization's fundamental purpose, outlining its goals, ethical approach, and core values. It is important because it guides the organization's strategies, communicates its purpose to stakeholders, and helps align internal efforts towards a common goal.

Vision Statement

A vision statement is a forward-looking declaration that outlines an organization's future goals and aspirations, providing a clear and inspirational long-term direction. It is important because it serves as a motivational guide, influencing decision-making and shaping the strategic planning of the organization.

Business Phases

Business Phases refer to the distinct stages of development and growth that a business undergoes, from inception to maturity.

Business Stakeholders

Business Stakeholders are individuals, groups, or organizations that have a direct or indirect interest in the business and can affect or be affected by its activities.

Pain points refer to specific problems that prospective customers of your business are experiencing.

SWOT Analysis is a strategic planning tool used to identify and evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or business venture.

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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World's Best AI Business Plan Generator

Fill out simple forms, select language, and get a business plan in under 15 minutes. Try It Out!

Who is this for?

Entrepreneurs looking for investor funding.

Our AI business plan generator helps entrepreneurs in creating professional business plans designed to impress potential investors and secure funding

Business owners and entrepreneurs looking for a bank loan

Our AI business plan generator is SBA-approved and follows to most banks' business plan template.

For anyone looking to make a business plan

Whether you want an AI generated business plan for self-learning, as a reference for a project, or for submission to a non-financial institution, we've got you covered.

What customers say about us

Our ultimate goal is to make a product that you love, to do that we need feedback. So we try to talk to as many customers as we can

Mentioned In..

Language Support

At the end of the plan creation process you can choose to generate a plan in multiple languages including..

How it works?

Our AI business plan generator guides you through a few questions, once done a business plan example will be generated

Enter General Business Information

Only basic business information is required e.g. business name, number of employees, and a little financial data

Edit and Save

Once your AI plan is generated you can easily edit the plan with our "Talk To Plan" feature. You can input what you want changed and AI will take care of the rest

Key Benefits

Our ai draws business knowledge from the entire internet.

GPT-3.5 and GPT-4 are our cutting-edge language models, trained on vast quantities of internet, book-based resources, business plan examples, and has demonstrated its knowledge by passing the Wharton MBA exam among many others

The whole process can literally take 15 minutes

Gone are the days of laboring over business plans for weeks on end, our AI business plan generator can create a comprehensive plan in just 15 minutes.

Our AI generated business plan template won't let you down

create a professional business plan in just 15 minutes with our AI business plan generator

The Best AI Business Plan Generator

Written by Dave Lavinsky

I’m excited to share with you my article below on the best AI business plan generator because this innovative new technology allows you to quickly and easily create a comprehensive business plan.

AI business plan generators allow you to more quickly and easily create a business plan to start and/or grow your company, but unfortunately, not all are created equally. Most will not help you create a compelling business plan, because they are not programmed properly. And most don’t include full financial projections, which are critical for raising funding.

Fortunately, PlanPros.ai is the exception. PlanPros was built by one of Growthink’s founders and leverages our experience writing thousands of business plans and helping hundreds of thousands of entrepreneurs write plans using our tools. You can test-drive PlanPros.ai for free here .

Below find more information about using AI to generate your plan.

What is an AI Business Plan Generator?

An AI business plan generator uses artificial intelligence to write a business plan.

Importantly, in order to accomplish this, the AI needs to understand:

• What key sections to include in your business plan
• What each section must convey

Unfortunately, the vast majority of business professionals and software developers don’t understand either of these.

Fortunately, we do. Why? Because we’ve been writing professional business plans and helping entrepreneurs, executives and business owners write plans for the past 25 years. And our detailed business plans have been viewed by tens of thousands of lenders, angel investors, venture capitalists and other funding sources. Importantly, we’ve collected feedback from these individuals to fully understand what should and what shouldn’t be included in your AI-generated business plan.

So, what should be included in your plan?

The business plan template below documents each section to include.

Key Sections Your Business Plan Must Include

Executive summary.

The executive summary of your formal business plan should give the reader an overview of your business concept and summarize each of the key sections of your plan.

You should start by concisely explaining your business idea and your business strategy.

If you have a compelling mission statement, include that here. Likewise, if your company name tells an interesting story, document that right away.

Particularly if the goal of your plan is to attract investors, you want to pull readers in so they become quickly excited about your venture. Clearly document your business ideas and business goals. And importantly, discuss the key problems that your business solves in the executive summary.

Company Overview

Here you will include a detailed company description. Document the history of your company. When was it formed? What type of entity are you (e.g., LLC vs. S Corp vs. C Corp, etc.). What accomplishments have you achieved to date?

Industry Analysis

The industry or market analysis section of your business plan shows readers that you really understand the market in which you’re competing.

Be sure to conduct market research from reputable sources that validate your business idea, business model and market opportunity. Make sure that industry trends support the viability of your venture.

Don’t skim on your market analysis, because fully understanding your industry is key to your success.

Customer Analysis

In this section, discuss your target market. Your target market description should detail the key types of customers you currently, or soon will, serve and the market size.

The more you can detail your target audience, the better and more cost-effectively you will be able to target them with your marketing.

Competitive Analysis

In the competitive analysis section of your business plan, you must identify your key competitors and discuss their strengths and weaknesses. Importantly, identify and document your competitive advantage. That is, how are you different from your competitors and why are you poised for long-term success based on these differences?

Marketing Plan

In this section you will detail the marketing strategies you will employ to attract and retain customers. Your marketing strategy should include the 4 P’s.

• Products and services : what products and services will you offer?
• Promotions : what promotional tactics or marketing tools will you use to attract customers?
• Price : how will you price your products and services? Will you be a low cost provider? A premium provider?
• Place : where will you be located and/or how can customers buy from you?

Operations Plan

In the operations part of your business plan, you will discuss the key operational processes your business must perform in order to succeed. Also, detail your growth strategy and milestones here. For example, in what month will you launch? When will you reach $X in sales? When will you hire your Xth employee?

Management Team

The management team section documents the key members of your team and key details explaining why your team is qualified to execute on the opportunity you have laid out.

Financial Plan

In this section, you will present your financial projections. These take the form of a pro forma income statement, balance sheet and cash flow statement.

Your financial plan should detail your business goals from a financial forecasting perspective and show how you will achieve them.

Key to Successful AI Business Plan Generators

As discussed above, artificial intelligence is a great new technology to help businesses generate comprehensive business plans. Unlike traditional software platforms, AI tools allow you to work much faster and efficiently. For example, traditional business plan software cuts down the time to create your comprehensive plan from 100 hours to as little as 10 hours. But, now, AI business plan generators can help you complete your plan in just a few clicks saving you time.

But remember, while an AI tool can be used to create AI-generated business plans, or even a just a one page business plan, if the developer of the AI business plan generator tool isn’t intimately familiar with business knowledge, business planning and the needs of potential investors and lenders, you won’t generate the plan you need.

You are better off using paid business plan templates and/or a free business plan template developed by an expert, than using AI powered tools from someone or some firm without this expertise.

In summary, AI tools such as PlanPros.ai , with its user-friendly interface, can help you quickly and efficiently develop an AI business plan that helps you succeed. Such business plan generators allow you to focus on building your business more than performing the planning functions of writing and developing financial models.

Today’s modern business plan is similar to traditional plans, but fortunately you can now have a generated business plan that’s compelling and can help you raise funding and grow your company.

And, best of all, such software is just as effective for non technical users as it is for AI business experts.

When writing your business plan, and considering using business plan generators, consider the type of business you will be launching. For a traditional business business plan, such as one for a food truck, restaurant, clothing line or manufacturing company, AI tools are better suited than for new business types that AI tools are less versed in.

Regardless of your business type, make sure you intimately understand your target market. Your target audience is who will benefit from and will purchase your products and services. If your target market doesn’t resonate with your offerings, you can’t succeed. So, make sure, when developing your business plan, that you create the right product/market fit with your target market and include all the other key business plan elements discussed above.

Other Helpful Business Plan Articles & Templates

Professional AI Business Plan Generator

From a blank page to a professional business plan in a few clicks.

Use our AI business plan generator to craft a professional business plan for starting a new business, seeking funding, launching products or services, or entering new markets.

Featured on :

“Just used your bizplanner! Nice job! Great tool. Tons of value for $10.”

“This plan is well articulated, the fact that I can edit it makes BizPlanner to be much better than option, also the customer service interaction is worth an applaud.”

“Simplemente espectacular, felicidades.”

How it works

Four steps to Your Business Plan

Our AI Business Plan Generator efficiently creates a customized, professional business plan for you in less than 15 minutes.

Answer a brief questionnaire

Our ai crafts your plan, edit, format or regenerate, export as pdf/word, watch how to create a business plan in under 15 minutes.

Table of contents

Your Business Plan's Table of Contents

Upon generating your business plan, you will receive detailed sections covering everything from your Executive Summary to Financial Projections, providing a complete and insightful overview of your business strategy.

Functional Highlights

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

Examples & Templates

Business plan examples

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

Professional business plan for 10x less than hiring a consultant

Get your unique, professional business plan, custom-crafted and tailored specifically for your business

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Business plans on Fiverr can cost $90 or more . Our offer at just $9.99 delivers great value, making quality business planning affordable.

Lifetime Access .

Done in under 15 minutes.

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From the blog

Components of a business plan

A well-crafted business plan is crucial not only for securing investment but also as a roadmap for the future of a company. It outlines strategies for growth, operations, and overcoming challenges, serving both new ventures aiming to enter the market and established businesses seeking expansion or innovation.

Introducing the Best AI Business Plan Generator Version 2.0

Since the release of our initial version, our team has been diligently working on developing BizPlanner AI Version 2. We are committed to enhancing your experience and providing the best tools to support your business planning needs.

BizPlanner AI's Update: Advanced Financial Planning Capabilities

Great news for users of BizPlanner AI! Our latest update brings a significant enhancement to the Financial Plan section of our comprehensive business planning tool.

French Language Option Now Available in Our AI Business Plan Generator

Great news from the BizPlanner AI team! Alongside English and Spanish, we're delighted to announce the introduction of French support in our AI business plan generator.

6 ways AI can help launch your next business venture

For technology professionals with a working knowledge of artificial intelligence (AI), opportunities for new business launches abound. You can build and leverage AI for an employer or use the technology on your own, either as a new venture or as a side hustle.

AI is at the core of the next generation of startups, offering a nimbleness and disruptive advantage by moving new business ideas from ideation to market at a vastly accelerated rate. Tech professionals can play a vital role in building and launching this new generation of AI-enhanced businesses.

Also: This year's top 8 use cases for AI

We're at a point where innovation driven by AI is taking off, and this shift means a world of opportunities for startups delivering AI services, said   Sarah Wang and Shangda Xu , both with venture capital firm Andreessen Horowitz. 

"We believe that AI startups [that] build for enterprises' AI-centric strategic initiatives while anticipating their pain points, and move from a services-heavy approach to building scalable products will capture this new wave of investment and carve out significant market share," they predicted.

Examples of AI products or services that startups can offer include "tooling that helps with fine-tuning, to model serving, to application building, and to purpose-built AI native applications," they said.

Here are some considerations, shared by industry leaders, for professionals who want to build a business using AI.

1. A deeper understanding of the customer

An AI-fueled startup can understand the customer more deeply . For startups or new business ventures delivering more mainstream services -- such as manufacturing, health products, or travel assistance -- AI plays a vital role in the most important function of all: understanding the customer.

First and foremost, there's the customer who provides the reason for the business venture in the first place. "Understanding and engaging with customers is key to business success. AI-driven analytics provide deep insights into customer behavior, enabling businesses to tailor their products and services to specific needs and outcomes," Bob Lamendola , senior VP of technology and head of Ricoh's North America digital services center, told ZDNET.

Also:  6 ways ChatGPT can make your everyday life easier

"AI can play a significant role in developing new business concepts that can lead to higher customer satisfaction and loyalty, which are critical components toward building relevance in a competitive market."

2. A digital management consultant

Typically, startups can't afford management consultants who charge vast sums to dispense advice on finances, marketing, or distribution. AI-based agents may provide low-cost assistance that draws upon learning across industries. 

Also:  How ChatGPT became my virtual assistant for a data project

"Think of AI as your digital management consultant," DataGPT co-founder and CEO  Arina Curtis , whose own business launch involved a conversational AI tool, told ZDNET. "It's fantastic for digging through vast amounts of online data, pulling out critical insights, and suggesting strategies. This is valuable, especially in well-established industries, where one can use AI to dissect and understand what the top players are doing."

3. A tech assistant for startup founders

Startups no longer require large collections of tech talent to piece together AI support -- at least not at the start. "The most striking aspect is how AI enables founders to launch businesses with fewer hires and resources," Kian Katanforoosh , lecturer at Stanford University and the CEO and founder of Workera, told ZDNET. 

An entrepreneur -- technical or non-technical -- can launch a business without the need to search for technical talent and partners. Product or service design can now be conducted using natural language processing through generative AI "rather than code," Katanforoosh added. This approach helps reduce the need to acquire valuable technical talent and cut the demand for seed capital or personal investments before conceiving and marketing an offering.

4. A way to think big 

AI can direct everything from production-level control systems to executive decision-making . "It's not just about automating tasks," Curtis said. "It's about creating new opportunities, redefining roles, and reshaping industries." 

Also:  4 generative AI tools your enterprise can leverage to boost productivity

AI "is more than just a technological upgrade; it's a strategic overhaul," Curtis said. "AI is enhancing operational efficiency and revolutionizing customer experiences. We're talking about creating products, services, and business models that were unimaginable before AI came into the picture."

5. An idea generator

ChatGPT has become a popular tool for entrepreneurs "for its capability to generate internet-savvy business ideas," Antonio García , TXI's chief innovation and strategy officer, told ZDNET. "Imagine an entrepreneur deciding to start a print-on-demand T-shirt business. With AI like ChatGPT, they can transition from idea generation to practical execution, receiving guidance on design, marketing language, and even production intricacies."

AI goes even further. Garcia cited advanced ideation platforms, such as MIT's Supermind Ideator , which "exemplifies AI's potential to not just generate ideas but to refine and deepen them, acting as a digital incubator for nascent business concepts and other challenges. AI, in this context, is more than a tool; it's a collaborative partner in the entrepreneurial process."

Right now, generative AI is "akin to an enthusiastic, highly capable intern -- quick to engage but still learning the nuances of complex problems," he said. AI's "true power lies in its ability to rapidly generate a plethora of business ideas, critically evaluate existing concepts, and align new ideas with vast repositories of existing knowledge."

6. A rapid path to automation

Automation has long offered ways to offload time-consuming mundane tasks and save labor costs. AI takes this capability to the next level, enabling startups to scale as rapidly as larger organizations. 

"Automation through AI not only slashes operational bottlenecks but also levels the playing field for budding entrepreneurs," 5app Chief Learning Officer Steve Thompson  told ZDNET. "From automating routine tasks to facilitating advanced data analytics, AI empowers startups with the efficiency and adaptability crucial for navigating the complex business landscape."

Artificial Intelligence

5 ways ai can help you study for finals - for free, how i test an ai chatbot's coding ability - and you can too, what is ai everything to know about artificial intelligence.

38 Best AI Tools for Business in 2024

Easily scale your video production in 120+ languages.

If you haven't paid much attention to the best AI tools for business, 2024 is the year to change your mind. With over 15 billion Google search results for artificial intelligence and nearly 70K AI companies worldwide, the AI market keeps expanding and raises interest anywhere, especially in business.

In this blog post, we will focus on the best AI tools for business, apps, and AI software you need to have on your radar in 2024 and beyond.

Read on to find out how you can work smarter and get better results with less effort in almost any aspect of your business.

Best AI tools for business overall

All businesses produce content, and all employees attend meetings. That's why the best AI for business will help in these areas — content generation, especially video, and meeting transcriptions. So, if you’re going to use a minimum of AI tools, pick something from the options below.

1. Synthesia for video creation

The video maker Synthesia uses generative AI to turn any text into studio-quality video in minutes. This text-to-video tool runs in your web browser. It gives you easy access to professionally designed templates, diverse AI avatars (digital doubles of real actors), and voiceovers in 130+ languages and accents. Here’s how it works:

Synthesia’s coolest features that streamline the content creation process include script writing, the option to create your custom avatar , one-click automatic translations , and collaboration with your teams in workspaces. The #1 AI video generation platform provides excellent results for many big names:

• BSH video trains over 60K employees with 70% more efficiency.
• Zoom accelerated video production by 90% with $1,500 cost savings/employee.
• Electrolux creates videos for 15K customers and employees in 30+ languages.

You can use Synthesia to create sales enablement and training videos , product demos, internal communication videos, etc. Here’s an AI video example it produced: 

2. Chat GPT for content creation

OpenAI's advanced AI model, ChatGPT 4 , uses natural language processing to understand your inquiries and give logical human-like answers. This powerful AI tool works in a web browser. You chat with it, giving details on what kind of content you need, and it generates quick and accurate responses in text format.

Use ChatGPT to write code, full blog articles, or answers to specific customer inquiries. It can also craft content generation templates for you and excels at repetitive tasks, especially those involving text-based activities.

If you like what this NLP chatbot can do, Gemini and Claude are two other options you might want to test.

3. Otter for meeting transcription

With its AI Meeting Assistant, Otter.ai can do real-time transcriptions, record audio, extract action items, capture slides, and more. Log into your account in the browser and choose if you want to start a live session or upload a pre-recorded meeting. Otter will automatically transcribe it and give you editing options.

Best AI tools for business marketing

95% of companies that adopt AI are highly likely to develop more effective marketing strategies. Check the AI-powered tools below to scale and personalize your video, audio and written content.

4. Lumen5 for marketing videos

The AI platform Lumen5 generates engaging branded videos for marketing tailored to your target audience. A simple drag-and-drop interface makes it intuitive even for less tech-savvy users. Create a free account, choose your goal, and decide if you create from scratch or with a pre-defined option.

5. Taplio for LinkedIn profile optimization and lead generation

Powered by ChatGPT 4, Taplio excels at generating LinkedIn post ideas. In addition to AI content, it features advanced scheduling, automation, lead generation, and CRM features. Use Taplio’s AI to expand your network, enhance your LinkedIn visibility, and drive business growth.

6. OwlyWriter AI by Hootsuite for posting on social media

Hootsuite’s OwlyWriter AI simplifies social media management and saves hours of work with instant caption generation and content ideas across all networks. If you’re already handling your social media posts with Hootsuite, try Owly for free within your dashboard. You'll see what it's like to create content in minutes for the entire week.

7. Writesonic for content creation, SEO, and AI Chatbots

Trusted by millions of users, Writesonic keeps your content fresh, your SEO strategy on track, and your customer interactions smooth. Use this AI-powered tool to generate fact-checked, SEO-optimized content and customize AI chatbots. Writesonic offers 80+ ready-to-use prompt templates written by experts and a ChatGPT alternative, Chatsonic.

8. Designs.ai for designing logos, banners, mockups

Designs.ai is an AI-powered Agency-as-a-Service platform that does a lot more than generate images. It offers a wide range of tools for creative AI services, including logos, banners, mockups, video, and voiceover production in minutes. While all these features might feel intimidating to explore, this platform creates powerful AI-generated images, simplifies your workflow, and saves you time and money.

9. Soundful for royalty- free music generation

If you’re creating videos, podcasts, or streams and are always on the lookout for royalty-free background music, Soundful will come in handy. This AI tool for business can swiftly create music for you, reproducing a variety of themes and moods. Use the free trial to test it.

10. AdCreative.ai for ad creation

The best AI tool for advertising, AdCreative.ai has some big names in its portfolio — Amazon, LinkedIn, Adidas, Starbucks, etc. For the past two years, it’s been the third fastest-growing product in the world! Use it to generate creatives, texts, headlines, and social posts or to get competitor data insights.

11. Decktopus for slide decks and presentations

Yet another tool with heavy prizes under its belt, Decktopus is rated as the world’s #1 AI presentation generator. The platform features a simple drag-and-drop editor, can do all the research, copywriting, and image generation for you, and at the end, an AI presenter will coach you on how to best deliver the content.

Best AI tools for business strategy & management

Want more speed and confidence in analyzing data, predicting relevant trends, and optimizing business decisions? AI can help you scour heaps of data, spot details that humans might easily overlook, and even craft sophisticated strategies for you. Below are some top AI tools for business that will get you started.

12. Crunchbase Pro for business intelligence research

As an online database, Crunchbase lists companies, startups, investors, and funding activities worldwide. You must be a Pro user to access its AI insights from validated data sources. But it will help you run a deeper data analysis and make more accurate business predictions for a solid business strategy.

13. Explorium.ai for go-to-market data

Explorium offers a powerful solution for sales and marketing teams looking to improve their go-to-market strategies with AI. Its proprietary technology, ExplorAI, uses generative AI to analyze historical data and create custom data signals. This tool will help you spot ideal customers faster, rank leads, and uncover hidden market trends.

14. Monday AI for task & project management

Powered by Azure OpenAI, Monday.com is a versatile, browser-based platform that enhances business operations through AI-driven automation and content creation. It will significantly enhance your task and project management, boosting team productivity. Try Monday for breaking down project ideas into actionable tasks and even writing emails or other content forms.

15. Fireflies.ai for meeting assistance

The advanced AI meeting assistant by Fireflies.ai transcribes voice conversations, analyzes content, and provides deep insights. AI search allows it to filter through text and extract action items, tasks, and questions with one click. Use this AI tool to review hours of meetings in minutes.

16. Zia by Zoho CRM for business assistance

Zia is an AI-powered assistant designed to automate tasks and enhance lead management. This tool can significantly boost productivity by optimizing business processes. It collects data, writes documents for you, or runs sales analysis. Integrated within Zoho CRM, Zia uses customer data to manage interactions and optimize sale opportunities by analyzing when clients typically answer calls, check emails, or visit websites.

Best AI tools for small business use

Artificial intelligence isn’t just for the big players. 67% of small businesses already use it, and you can use it, too, even at the launching stage. Whether you’re worried about developing a plan, creating a website, or designing the perfect brand visuals, the following popular AI tools will help you.

17. BrandMark for business logo creation

Leveraging AI, BrandMark offers a quick and practical branding solution for your small business. It works in the browser and promises to simplify logo creation, but functionalities also include generating business cards, social media graphics, and other simple designs.

18. Durable AI for website creation  

Durable, the #1 AI website builder and marketing platform, promises to get your business online in 30 seconds. Use it to publish a professional-looking website even if you have zero coding skills. And check out its built-in SEO, marketing tools, and AI assistant for workflows.

19. LivePlan Assistant for business plan creation

Designed to guide you through creating detailed, investor-ready business plans, the LivePlan Assistant will nail your financial forecasting and strategy development. If you have a great business idea, don’t stare at a blank page. Share it with LivePlan Assistant and watch it fill the page.

Best AI tools for business training

91% of employees say they expect personalized and relevant training, which is only easy to produce with AI tools . You’ve already seen the AI video maker Synthesia. It can create micro-videos for soft skills building and dialogue-based learning scenarios like in the video below:

Read on to see what other business AI tools you can use for training.

20. Articulate 360 for interactive training

As the #1 e-learning platform, Articulate 360 is perfect for creating online courses and scaling workplace training. For now, you can upload AI videos into it and make them interactive. But their AI video features will be incrementally released in Articulate Rise throughout 2024.

Here’s an example from an interactive course created with the AI video maker Synthesia and Articulate 360:

You can go through the entire course here .

21. Zavvy for AI learning assistance

Zavvy is a platform that will take you into the future of people development. Their 360 growth system with AI learning assistance has some amazing features. Use it to streamline onboarding, training, and feedback systems. While at it, check out its artificial intelligence options for employee development plans and career paths.

22. EdApp for mobile LMS

This mobile-optimized LMS from EdApp combines the power of microlessons and AI to create courses “for humans, not employees.” It generates lessons at a button click, incorporating the latest learning strategies and trends. Your teams can consume these microlessons on the go, on any device.

23. Quizgecko for quiz generation

Need some cool online quizzes to entertain customers or train employees? The AI question generator Quizgecko is a top choice. Type in text or upload your PPTs, PDFs, or DOCs onto the platform. This tool will work its AI magic to create quizzes, flashcards, and assessments for you.

24. Leapsome for surveys and feedback cycles

Every business needs to run surveys and collect feedback, and Leapsome AI can help with both. It runs AI-powered surveys and has AI capabilities to analyze responses, extract key themes or summaries, and make actionable recommendations. Using it frequently will help you build a rock-solid feedback culture.

25. Pluralsight for AI skill development

To upskill employees with valuable AI skills like prompt engineering or AI strategy development, check out Pluralsight. This online educational platform focuses on tech skills, with a great emphasis on AI. It also uses AI to deliver personalized learning experiences.

Best AI tools for product development

Product development can be as fun and exciting as you make it. If you don’t know where to start, look at the following AI tools. We’ve picked options to help you do market research, design, prototype, testing, and more.

26. Crayon for competitive intelligence and market research

Use Crayon to monitor competitors and give your sales team valuable, real-time intelligence. This competitive intelligence platform uses AI to track competitors and help you win more deals. It sends intel to your inbox, and news summaries scored from high to low importance.

27. Adobe Sensei for design and prototyping

Adobe Sensei is generative AI tech that Adobe integrated across its Experience Cloud product portfolio. Using artificial intelligence and machine learning algorithms, Sensei mines data like a pro and helps you gain valuable insights. This AI software also helps streamline your content workflows across teams and designs customer journeys based on behaviors and engagement preferences.

28. Testim for automated web and mobile testing

The AI-powered automated testing platform Testim runs tests for web and mobile apps. Its AI functionalities dynamically manage and update your tests, so you’ll do less manual test maintenance over time. This tool also analyzes the root cause when testing reveals issues. Its quick diagnosis ensures data-driven decision-making and enables users to swiftly optimize performance.

29. Beatoven.ai for custom music generation

Do you have a multimedia project that requires professional-quality, tailored soundtracks? Beatoven offers excellent AI generation functions for custom music. It integrates deep music theory and production techniques and lets you generate unique, mood-based music for various creative needs.

30. Murf.ai for voice generation

For text that you need to turn into speech, Murf.ai can be the solution. This tool generates realistic voices in 20+ languages. Try it for text-to-speech, voice cloning , AI dubbing, and AI language translation. They even have a Murf API to add high-quality voices to your apps.

31. MonkeyLearn for customer feedback analysis

Through its AI-driven text analytics, MonkeyLearn can quickly compile customer reviews and other data. This no-code platform offers pre-trained classifiers and extractors. You can use its ready-made machine learning models to classify your data as you need, run sentiment analysis, and transform the insights into engaging data visualizations.

32. Optimizely for feature optimization and personalization

Optimizely is the world’s first AI-powered digital experience platform. AI algorithms and AI models facilitate efficient traffic distribution, while machine learning helps it make precise content recommendations. The result is that each user interaction is optimized for customer engagement and conversion. Since it embeds AI across the entire marketing lifecycle, you can also use it to ideate content or accelerate production.

Best AI tools for productivity and efficiency

AI can do a lot of things, but it excels in the most time-consuming tasks that you also dread the most. Check out the following tools to see how you can save hours of work, preserve your sanity, and be more efficient.

33. Merlin.ai to extend AI functionality to Chrome

Want to quickly access AI while browsing the web? Merlin.ai is the perfect extension, powered by Open AI Key, GPT 4, Claude, and Llama 2. Install it from the Google Play Store or Apple App Store and use it to write, summarize, and even code in your browser.

34. Texts for bringing all your messages in one place

Are you overwhelmed by messages you receive on multiple platforms? Use Texts to bring them all into one inbox. This app works on your device and can quickly update you with chat summaries, draft responses with ChatGPT, or translate replies if you’re getting messages in a foreign language. Beeper is its cloud alternative.

35. Rewind.ai as your AI assistant

Rewind brings up all the info that went through your Apple device (a Windows version will be released soon). Once you install and set this app, it will quietly run in the background, capturing your screen and audio. Then, you can ask its AI anything related to the messages you got, things you browsed for, meetings you attended, etc.

36. Grammarly for grammar checking and rewording

Grammarly can be your AI writing assistant and check your texts anywhere you write. You can access it as a browser app or Chrome extension or install it on your device. It learns how to write correctly by analyzing vast amounts of text with machine learning algorithms and deep learning. And it uses natural language processing to understand the context and nuances of your writing and make correction suggestions.

37. Reclaim for AI scheduling and time tracking

This app calendar auto-schedules your tasks, meetings, breaks, and habits. You can start using Reclaim for free as a Google Calendar add-on. Block focus time if you want, or let it schedule your entire day. It will organize your time and track it, providing you with insightful analytics and weekly reports.

38. SaneBox for email inbox management

PCmag.com calls SaneBox “the best thing that has happened to email since its invention.” Tony Robbins himself uses and recommends this service, which cleans your inbox in 5 minutes. SaneBox connects to your existing email accounts through OAuth. You don’t need to download anything; you’ll be able to use it in your email apps from any device.

Best tools from Google with AI features

Over the past decade, Google has invested close to $200 billion in AI. If you’re a fan of Google’s suite of productivity tools, you’ll find a lot of AI features in it, especially with Google Docs, Google Slides, and Google Calendar.

Google Docs uses artificial intelligence to offer features like grammar suggestions, smart compose, and voice typing, whereas Google Slides makes you AI-powered design suggestions. With Google Calendar, you can do smart scheduling and get suggestions for optimal meeting times. Then, there’s Gemini, Google’s AI chatbot and a direct competitor of ChatGPT.

Best free AI tools for business

Most AI tools, including the ones above, offer some form of free access to help you see firsthand how they might help you. Here’s how you can try them out:

Transform your business communication with AI videos

Video wins in every industry and business. Whether you’re using it to promote your company, engage customers, train/retain employees, or send internal coms, a video doesn’t go unnoticed. And because people pay attention to it and learn from it, video content can improve business efficiency.

Thankfully, the tools available in the generative AI market let you create engaging content using nothing but your web browser. That's right, we're talking text-to-video!

Try Synthesia’s free AI video generator (no credit card required) and make your first AI video in the next 5 minutes.

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🤖 Free Business Plan Generator (AI-Powered)

Starting a business is an exciting journey, filled with aspirations and ambitions, yet crafting a solid business plan can sometimes feel like navigating through a dense fog. The AI-Powered Business Plan Generator shines a light on this path, offering a straightforward way to outline your vision, strategies, and financial forecasts. By providing customized, coherent business plans, this tool assists in laying down the foundation of your entrepreneurial dream, ensuring every aspect is addressed. It simplifies the planning process, enabling you to focus on bringing your business idea to life with confidence and clarity.

Writing a business plan can often feel like navigating through a dense forest without a map. You know your destination—securing investment, defining your business strategy, or setting clear objectives—but the path isn't always clear. Enter the AI-powered business plan generator, a tool designed to illuminate the way forward. This guide will walk you through the essentials of crafting a comprehensive business plan, touching upon the traditional elements that captivate stakeholders. In the final stretch, we'll introduce how an AI-powered business plan generator can streamline this process, making it more accessible and less time-consuming.

How to create a Business Plan

Now that you're familiar with the executive summary, let's tackle how you can create the rest of your business plan.

You can start manually by outlining your plan's structure and filling in the details step by step, or opt for a business plan generator to streamline the process.

Either method requires careful consideration of each section to ensure your plan is thorough and compelling.

Manual Methods for creating a Business Plan

You'll start with the Executive Summary, distilling your business idea into a compelling snapshot that captures attention.

Next, you'll outline your Company Overview, providing a clear picture of who you are and what you stand for.

Then, lay out your Business Objectives, Products and Services, and your Market Analysis Approach to build a solid foundation for your plan.

Executive Summary Essentials

Although it's often crafted last, the Executive Summary stands as the crucial opener of your business plan. It distills key aspects such as your mission, product highlights, and financial ambitions for quick investor insight. It encapsulates your company's essence for investors and maps out the business plan development milestones.

Ensure it crisply outlines your executive summary, underscoring the company's financial goals. This will help capture investors' attention right off the bat.

Company Overview

Begin your company overview by detailing your business's foundational elements, including its name, location, and the team driving its operations.

Here's what to include:

• A clear description of your business structure and ownership.
• The mission statement that defines your business's purpose.
• An outline of the products or services you offer.
• Background information that paints a picture of your company's history and objectives.

Business Objectives

To set your business on the path to success, start by defining clear and measurable objectives that reflect both your immediate and long-term aspirations.

Align your business objectives with strategic objectives to meet financial goals.

Conduct market research to fine-tune your target market strategies .

Ensure company goals are realistic and adaptable, setting a course for growth and market competitiveness.

Regular updates keep your plan relevant.

Products and Services

After setting clear business objectives, focus on articulating the core of your offering by detailing the products and services your business provides. Your description should also include:

• Unique features and benefits of each product or service.
• Specific products' competitive advantages.
• Your strategy for sales, distribution, and supply chain.
• Trademarks and market placement for your products and services.

Market Analysis Approach

A thorough market analysis is crucial for your business plan as it reveals the dynamics within your target market and guides your competitive strategy .

You'll identify potential customers, understand established market trends, and analyze how competitors differentiate themselves.

This knowledge shapes your sales plan and informs your marketing and sales efforts, highlighting opportunities in an otherwise crowded marketplace and showcasing your grasp of the competitive landscape.

Marketing and Sales Strategies

Crafting a marketing and sales strategy requires precise identification of your target customers to ensure your message resonates and spurs action. Here's how to proceed:

• Define your target market for the new product.
• Develop a pricing and sales channel approach.
• Design a marketing plan with promotional tactics.
• Analyze market trends to refine your strategy.

Stay focused on meeting customer needs and differentiating from competitors.

Financial Analysis and Projections

Diving into the financials, you'll need to gather historical data and conduct a thorough analysis of revenue streams , costs, and profit margins to inform your projections for the next three to five years.

Your financial plan hinges on these insights.

Operations Plan

To ensure your business runs like a well-oiled machine, start by mapping out your key operational processes and procedures. Your operations plan is a vital section of your business plan. Here's what to include:

• Outline technology's role in business operations.
• Develop a comprehensive staffing plan.
• Establish a robust inventory management system.
• Implement quality control measures to provide additional assurance of product or service excellence.

Funding Requirements

Having established the operational foundations of your business, let's now focus on determining the capital necessary to fuel your growth and operational needs.

Outline your funding requirements by presenting clear financial data, including projected income, balance sheets, and cash flows.

You'll need this to secure funding from venture capital firms or potential investors, ensuring they grasp how their capital will propel your business towards its targets.

Appendices and Exhibits

When crafting your business plan, don't overlook the appendices and exhibits; these sections provide the substantiating details that reinforce your proposal's integrity. Include:

Documents that outline key personnel qualifications and experience.

Details on intellectual property, such as patents.

Additional information for financial institutions, like credit histories.

Contracts, leases, or other legal documents relevant to your business.

Using a Business Plan Generator

You might wonder why you'd use a Business Plan Generator—these tools streamline the planning process, making it easier for you to focus on the core aspects of your strategy.

To get started, you'll follow a series of steps that help structure your executive summary, goals, and market analysis within a proven framework.

The benefits are clear: using a generator can save you time and provide you with a professional, investor-ready plan.

Steps to use the Business Plan Generator

To create a business plan using a generator, start by selecting a template that aligns with your industry and business type.

Here are the steps to use a business plan generator:

• Identify Your Business Details : Start by providing the name of your business and the industry it operates in. This foundational step sets the stage for the tailored guidance the generator can offer.
• Describe Your Offerings : Clearly articulate what products or services your business sells or offers. This will help the generator understand the value proposition of your business.
• Define Your Target Audience : Specify who your ideal customers are, including demographic information. Understanding your target audience is crucial for creating a focused and effective business plan.
• Outline Your Marketing Plan : Detail your strategies for promoting your business. This includes how you plan to reach your target audience and differentiate yourself from competitors.
• Detail Your Operational Strategy : Explain how your business will operate on a day-to-day basis. Include information on your supply chain, logistics, and any other operational details.
• Provide Financial Information : Input how much money you need to start your business and project how much revenue it will generate. This financial planning is critical for assessing the feasibility of your business idea.
• Set Business Objectives : List what you aim to achieve with your business in the short term and the long term. These goals will guide the direction of your business strategy.
• Click on Generate : After entering all the necessary information, click the "generate" button to create your personalised business plan. This plan will be tailored to the specifics of your business, providing a roadmap for success.

Benefits of using a Business Plan Generator

Harnessing a business plan generator can significantly streamline the process, saving you both time and effort as you craft a detailed blueprint for your venture.

Here are the benefits:

• Provides a structured framework to write a business plan efficiently.
• Helps identify opportunities in new markets.
• Enhances financial literacy through budgeting and forecasting tools.
• Clarifies business objectives, aiding in communication with stakeholders.

Tips for Creating a Business Plan

When crafting your business plan these tips collectively form a comprehensive business plan, providing a roadmap for your business and presenting a compelling case to investors and lenders.

Here are the tips for creating a business plan:

• Articulate your mission and vision succinctly.
• Outline your offerings and financial ambitions.
• Provide a snapshot of your business's financial health and market potential.
• Clarify the business structure ( sole proprietorship , partnership, corporation).
• Highlight ownership details.
• Showcase key employees, emphasizing their expertise.
• Define short- and long-term goals for your business.
• Align goals with your strategic direction.
• Establish a direct link between financing needs and future growth.
• Describe your offerings and emphasize how they meet market needs.
• Support claims with market research.
• Demonstrate a thorough understanding of your competition.

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Flatlogic Generator

Use ai to generate custom code for your business to save time and money on development.

When you’re not a coder, developing custom software sounds like cruel and unusual punishment. ( “Looks like I’m sentenced to syntax error purgatory.” )

And because building tools can cost thousands of dollars and take years to get off the ground, you’re already falling behind the competition.

Wish there was an AI-powered platform that could take you from concept to viable product in weeks, not months?

Introducing Flatlogic Generator .

At-a-glance

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Alternative to

Integrations, flatlogic generator is an ai platform that generates code for custom software like crms and erps that you can deploy across platforms..

With plain English, Flatlogic Generator’s AI can instantly turn concepts into code , saving you hundreds of hours in development time.

Create apps or engineer your own CRM software that can process payments, offer virtual tours, engage new clients, and more.

You can go from kick-off to MVP in a month , with a fully realized plan that covers UX design, data models, test environment deployment, and everything in between.

Flatlogic Generator’s AI makes it easy to generate CRMs, apps, and so much more.

Your ideas are at the core of your business software, so you’ll always have full control over the source code .

Flatlogic Generator’s AI automatically generates 70% of your code , focusing on the fundamentals to maximize speed and efficiency.

Customize the rest of your code using flexible workflows that let you tailor the software to fit your company’s unique needs .

That means you’ll be able to build websites and ecommerce storefronts with all the features you need to grow your online business.

Tailor the AI-generated code to build websites that fit your unique business needs.

After you’ve created all this shiny, new code, it’s easy to tweak your app or software without any restrictions .

Automate redundant tasks, analyze data with the IoT dashboard , and use predictive algorithms to stay on trend.

Plus, you’ll have access to full-stack components and dozens of templates to design the perfect tools for your business.

Take advantage of the IoT dashboard to monitor data across multiple devices.

Once you’ve got all the bells and whistles in place, you’ll be able to deploy your new app anytime, anywhere .

Got more ideas? You can always keep developing and adding new features to take your app to the next level.

Whether you’re building a marketplace for the first time or developing another e-learning platform, the sky’s the limit with Flatlogic Generator.

Use AI-generated code to build out complex products, like an e-learning platform.

Leverage Flatlogic Generator’s AI to develop custom software and apps for your business, without stretching your team or your budget thin.

Generate new, original code.

Get lifetime access to Flatlogic Generator today!

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Deal terms & conditions.

• Lifetime access to Flatlogic Generator
• All future Individual Plan (Tiers 1-3) and Professional Plan (Tier 4) updates
• If Plan name changes, deal will be mapped to the new Plan name with all accompanying updates
• No codes, no stacking—just choose the plan that’s right for you
• You must activate your license within 60 days of purchase
• Ability to upgrade between 4 license tiers while the deal is available
• Ability to downgrade between 4 license tiers within 60 days of purchase
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• Only for new Flatlogic users who do not have existing accounts

60 day money-back guarantee. Try it out for 2 months to make sure it's right for you!

Features included in all plans

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5 Best AI Business Name Generators in 2023 (+ Domain Name)

5. Brandroot

Creating a new business name can be challenging, often requiring hours of brainstorming and research. Thankfully, with the advancement of AI, businesses can now rely on AI-powered business name generators to quickly generate catchy and memorable names. In this article, we'll discuss the factors that go into generating a captivating business name, what AI tools you can use to get one, and how to select the right domain name for your website with AI.

 With millions of start-ups entering the market yearly, having yours stand out is challenging. The US Census Bureau estimates that 4.4 million new businesses start every year. However, only 25% of those companies go beyond fifteen years. Of course, a myriad of factors exist for a business’s success. And a strong business name is a crucial one.

However, generating the right business name is challenging. Other businesses may already be using your desired titles, and a branding agency can charge at least $7,500 to give a list of simple business names. But that’s where an AI business name generator comes into play. Artificial intelligence (AI) is the most significant phenomenon of the 21st century. An MIT report suggests 87% of global organizations use AI to give them a competitive edge. 

Generative AI is even more enthralling with its ability to generate several content types, such as text, images, audio, and videos. And among the extensive use cases of generative AI, generating a concise, compelling, and creative business name is one of them. In this article, we’ll discuss the factors that go into generating a captivating business name and what AI tools you can use to get one. We’ll also discuss the significance of digital presence and effective domain name selection for your websites for a more significant impact.

In This Article

5 factors to consider when choosing a business name

2. namesnack, 3. themeisle, [bonus] how to choose the right domain name with ai.

Take any big business name from Google, Amazon, Apple, and Netflix to Coca-Cola, Pepsi, Nike, Adidas, amongst many others; all have one thing in common, they all are parts of our daily lives, and we often use a few of them as ordinary English words. It’s pretty common to hear people say, “Let’s Google,” whenever they want to search for something over the internet.

Of course, a business name is one of the many other factors that lead to such big brands, yet it is an essential first step. An effective business name tells what your product or service is about and helps you establish a particular position in the market. So, how should you choose a business name? Below we discuss some important factors that will guide you in selecting the perfect name for your new venture.

1. Value Proposition: A value proposition provides your customers with a clear understanding of your product’s or service’s benefit. It’s a simple sentence highlighting your unique selling point (USP), convincing customers that your product or service is better than your competitors.

Your business name should, in essence, reflect your value proposition.

For example, The name “Google” comes from the word “Googol”, used in math, which indicates a number beginning with 1 and having a hundred zeros. Founders chose the name to signify the vastness of their search engine.

2. Brand Identity: Understanding your brand identity can be a valuable guide for naming your business. After all, brands help you distinguish your company from competitors and tell customers what you stand for. Brand names like Nike, Adidas, Gucci, Rolex, etc., carry meaningful, inspirational stories that appeal to a particular target audience.

Nike, for example, gets its name from the Greek goddess of victory, indicating the company wants to associate its products with triumph, motivation, and power. Similarly, the name “Alibaba” comes from the famous folktale about a woodcutter and forty thieves. Jack Ma, the co-founder, chose the name due to its global appeal, indicating the company’s mission to have a global reach.

3. Memorable: The name should be memorable and must strike a balance between being generic and unique. A generic name may not grab attention, and a name too unique may be challenging to remember. You can choose simple, easy-to-spell names relatable to a broader audience.

Apple is an excellent example of a memorable name that’s simple yet unique for a company and catchy with global relevance (everyone knows what’s an apple!).

4. SEO-friendly: In today’s highly technologized age, you can only have a successful business with a robust digital presence. Search Engine Optimization (SEO) is critical to your digital success. SEO ensures that your website appears at the top of the Search Engine Results Page (SERP) when people search for your products or services.

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SEO is an extensive field involving several techniques for optimizing your website and content for higher rankings on SERP. But one way to improve your SEO score is to have a business name that will help boost search engine rankings. You can begin by searching for relevant keywords in your niche and then craft a name incorporating the keyword or its meaning.

5. Domain Name: Choose a title for which you have a domain name available. A domain name is essential since it will be the primary address for potential customers visiting your website. A business name identical to the domain name will reinforce your brand and make it easier for customers to remember your company.

Usually, the “.com” domain extension is the most memorable. But it’s also the most competitive. So try choosing a name for which the “.com” domain is available. You can also use keyword variations to make the domain name unique for better availability.

Considering the above factors, try giving an AI business name generator appropriate prompts to get relevant business names instead of randomly telling the tool to generate ideas. Make sure you do ample research on your target audience, competitors, and keywords to select the perfect name that will have an enduring impression on your customers.

The following section will list some popular AI tools for generating business, brand, domain, app, or product names.

5 AI tools to generate business, brand, domain, app, or product names

Wix business name generator offers a simple interface and lets you generate several business names by entering relevant keywords or industries to give specific business name suggestions, as shown below.

For example, you can enter “AI Assistant” as the primary keyword and “Technology company” as your industry to get the following suggestions:

As you can see, several suggestions pop up. Of course, not all will suit your style and brand identity. So choose a name considering the factors mentioned in the previous section. Once you decide which name to use, click on it, and Wix will direct you to the domain name generator page to check for domain availability.

For example, if you select “Creatively Ai Assistant,” you can check for domain availability by entering the name in the search bar as shown below.

If the domain name is available, you’ll get a message as follows:

Here, the .com domain is available for “Creatively Ai Assistant”

NameSnack is an easy-to-use AI business name generator that lets you enter relevant keywords for your niche to generate creative names for your company. You’ll also see whether the .com is available against the names the tool suggests.

For example, if you enter “AI Assistant” as the primary keyword and click “Generate,” you’ll get the following:

You can also enter a category or niche you’re targeting and generate more specific results. The snapshot below shows suggestions for the “Copywriting” category.

As you can see, you get several unique suggestions, and the tool also lets you get a free logo. You can learn more about AI logo generators in our article .

Themeisle’s simple interface allows you to enter your primary keyword and search for available top-level domains (TLDs). It offers several domain options besides the .com domain.

That is, the AI business name generator gives you many options, such as .net, .com, .org, etc. You can select more from the “TLD’s” drop-down menu, as shown below:

Also, the tool suggests some premium names. You can view them by scrolling further down the page.

Clicking “View Details” will direct you to the page where you purchase the available domain. Premium domains can cost $300 at least.

Zyro’s AI business name generator can take several keywords at a time and generate brandable business names, which you can copy with a single click. 

Let’s enter “AI Assistant,” “Website Builder,” and “Automatic Web Design” as the primary keywords in Zyro to get the following results:

The names, as it happens, are unique, making Zyro a suitable tool for businesses wanting a fancy title.

The tool also offers many top-level domains (TLDs), such as .com, .tech, .net, .yt, etc., but you’ll have to buy a plan first to get these domains. You can purchase the basic plan costing $11.99 monthly, or the business option at $14.99 monthly.

With Brandroot’s AI business name generator , you can generate unique business names by entering relevant keywords according to your niche.

For instance, the keyword “AI Assistant” generates the following results:

As you can see, unlike other tools, Brandroot generates visually appealing logo designs and allows you to filter names by length, type, and position. 

Also, you can see that the.com domains are available for all the options if you click on a particular name.

An effective digital presence requires an appropriate domain name that’s easy to remember. An AI business name generator helps you quickly generate attractive business names based on keywords for your niche. However, as we saw, domain name availability is also a crucial element. Below are helpful tips for selecting the right domain name using an AI business name generator .

Be brand-specific

The first thing you must do before using a business or domain name generator AI is to define your branding strategy. Your domain name must match your brand identity.

Do a keyword research

As mentioned, an effective digital strategy depends heavily on SEO, which requires choosing appropriate keywords for your domain. You can use AI SEO tools to conduct keyword research. Also, you can get ideas through ChatGPT-3 by entering suitable prompts. Once you find your primary keyword, you can use AI domain name generators to help you find domain names that include your keyword or its variations.

Make it simple

Generating a simple domain name is easier said than done. On the one hand, you want the name to be unique, while on the other, you want it to be easy to remember and short. Getting it right can involve a lot of trial and error, but always ensure that the domain name has no hyphens, numbers, or other special characters.

Choose a popular extension

The .com is typically the first choice for an extension. However, you can also use other extensions, such as .net, .org, .tech, etc., if the .com extension is unavailable. The AI tools discussed above help you find relevant top-level domains (TLDs) quickly.

A website is how a customer primarily discovers your business and its name. So, you must have a user-friendly website with all the correct elements to explain your products and services in a way that convinces the customer to convert. 10Web AI Website Builder is a tool that lets you build professional websites 10x faster with AI. The tool provides AI-generated images and content you can easily customize using editor based on Elementor. 

The creation process is also straightforward. All you have to do is answer a few questions regarding your company, and the AI will generate tailored content while letting you add more pages to complete your website. 

The editor has over 50 widgets, several forms, menus, and sliders, with various colors, typography, and design structures. Also, it ensures all your websites are entirely responsive for a better user experience. 

You can use an AI business name generator with 10Web AI Website Builder for free to create a compelling website. So sign up now and take your business to new heights!

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How to make sure the name AI suggested is unique?

How to validate the AI-suggested business name idea?

Can domain name be the same as the business name?

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