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Get your AI-generated business plan

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

Business Plan

Comprehensive business plan

Your AI business consultant

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

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

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

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

Frequently asked questions

Create Your Business Plan in Minutes

10,000+ clients

Business Plans Generated

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How it Works

Start With Your Idea

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

Series Of Guided Questions

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

Collaborate With Your Partners

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

Present With Confidence

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

Try Plannit AI Today

Who can benefit from plannit.

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 objectives. Perfect for 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 scalability.

Funding Ready Business Plan

Executive summary, company overview.

Problem Statement

Business Description

Mission Statement

Business Model

Products and Services

Additional Features

Revenue Model

Market Analysis

Target Market

Market Size and Segments

Unique Value Proposition

Risks and Mitigations

Identified Risks

Mitigation Strategies

Financial Overview

Income Statement

Marketing and Sales Plan

Focus On Your Vision

Language support.

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.

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

Financial Projections

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

Tools and Templates

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

Plan Export

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

Plannit Business Ecosystem

Frequently Asked Questions (FAQ)

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

Privacy & Security

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

Take The First Step Towards Success

AI Business Plan Generator

Get your professional business plan ready in minutes.

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

Join over 1000+ Entrepreneurs & business owners​

Why Bizplanr is the Best Business Plan Generator?

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

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

AI Crafts Your Plan

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

Review, Download, and Share

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

Explore How Bizplanr Meets Various Business Planning Needs

Secure your funding.

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

Launch Your Startup

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

Validate Your Business Idea

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

Academic Planning Assistant

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

Business Plan Examples & Templates

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

Bookstore Business Plan

Yoga Studio Business Plan

Pool Hall Business Plan

What our users have to say.

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

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

Co-founder of Innovatech

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

Dr. Marcus J. Thompson

Clinic Director

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

Nonprofit Director

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

E-commerce Entrepreneur

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

Business Consultant

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

Frequently asked questions

Is the Bizplanr 100% free?

Do I need to pay to download my business plan?

How should I edit my business plan?

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

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9 Best AI Business Plan Generators (August 2024)

Unite.AI is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure .

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 option

Visit Upmetrics →

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

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

Key features of Plus AI:

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

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

Read Review →

Visit Plus AI →

3. Storydoc

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

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

Key features of Storydoc:

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

Visit Storydoc →

4. 15minuteplan

15minuteplan

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

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

Key features of 15minuteplan:

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

Visit 15minuteplan →

5. Notion AI

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

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

Key features of Notion AI:

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

Visit Notion AI →

6. Beautiful AI

Beautiful AI

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

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

Key features of Beautiful AI:

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

Visit Beautiful AI →

7. Wordkraft AI

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

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

Key features of Wordkraft AI:

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

Visit Wordkraft AI →

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

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

Key features of Bit AI:

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

Visit Bit AI →

9. Simplified

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

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

Key features of Simplified:

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

Visit Simplified →

Creating the Best Business Plans with AI

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

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

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

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Professional AI Business Plan Generator & Writer

Write your business plan in minutes, not days.

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

Featured on :

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.

AI Business Plan Section Generator

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

Rewrite Sections using AI

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

In-Browser Editing

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

Export Options

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

Table of contents

Your business plan's table of contents.

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

Client testimonials

Join 3000+ happy customers.

Entrepreneurs worldwide have crafted over 3150+ successful business plans using our AI-driven editor.

“What a great program. It really came up with so in-depth information and gives a great starting point. With just a few information inputs and some pictures this will be fantastic business plan. Very easy to use and very quick, it would have taken me hours to write something like this. Excellent!”

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

“I've spent many hours building a business plan for a proposal and your product will improve on the existing work. Next time I shall start with your plan and then tailor it to my needs which will save a lot of time!”

“At first, I thought this tool will be just like ChatGPT result. But then, it surprise me. The Information is very complete and almost 100% correct like how exactly my business work. I wonder how this is work considering the information that I provide is very little. The fact that I also can edit it directly through the web is very good. Bizplanner save my money and my time for sure. That would be so cool if there is also pre-template that I can choose for cover of the file, but beside that, I wish I knew this tool earlier.”

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

“This is just perfect.”

“Simplemente espectacular, felicidades.”

Try BizPlanner AI for free today

Take the first step toward creating a thriving business today

Examples & Templates

Business plan examples

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

Frequently asked questions

From the blog.

Introducing the Free Business Name Generator

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

New Bulk Purchase Feature: Save on Multiple Business Plans

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

New Features: Manual Save and AI Text Rewrite

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

New Feature: Add Images to Your Business Plan

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

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14 Best AI Business Plan Generators (Free and Paid) in 2024

Written by: Olujinmi Oluwatoni

Artificial intelligence has undeniably taken the world by storm. Forward-thinking marketers and businesses are now eager to leverage its potential to drive business success.

A report by Constant Contact reveals that small and medium-sized businesses (SMBs) embracing AI are experiencing immediate benefits. About 91% of AI adopters find it contributes to their business success, with 60% noting saved time and increased efficiency.

One of the most intriguing AI applications today is the AI-powered business plan generator. These tools help organizations save time and streamline the creation and design of winning business plans.

However, with the abundance of AI tools on the market, choosing the best option that suits your business planning needs can be overwhelming. If you’re on the hunt for the best free AI business plan generator, you’re in the right place.

Luckily, we've conducted thorough research to simplify your decision-making process. In this article, we will present the top 14 AI business plan generators in 2024, comparing their features, pros, cons and pricing to help you make an informed choice.

Table of Contents

• Beautiful.ai
• 15MinutePlan

Visme’s AI-Powered Tools

Ai business plan generators faqs.

*Disclaimer: The comparisons and competitor ratings presented in this article are based on features available as of Aug 01, 2024. We conduct thorough research and draw on both first-hand experience and reputable sources to provide reliable insights. However, as tools and technologies evolve, we recommend readers verify details and consider additional research to ensure the information meets their specific needs.

Visme's AI business plan generator is a robust tool that assists professionals in crafting impressive and professionally designed business plans effortlessly.

Visme isn't just an AI business plan maker. The tool provides users with both an AI writing tool and an actual AI document generator.

Just describe the type of business plan you want to generate. Also, provide more context, such as your brand voice, business plan sections and overall direction. Then, watch as the tool transforms it into a complete document.

Visme excels not only in content creation but also in enhancing the design aspects of your plans.  You can access an extensive collection of design templates, premium fonts, sophisticated color palettes, stock pictures, icons, tools for adding animations, videos, graphs and more.

These customization options allow you to infuse a personal touch into your business plans, making them engaging and memorable.

Apart from business plans , our document generator allows you to create various document types. You can generate AI business proposals , reports , newsletters, ebooks , whitepapers and more effortlessly.

Smooth Interface and Intuitive Editor

Visme stands out easily with its slick interface and foolproof editor. It allows you to effortlessly drag and drop design elements, rearrange, edit, download and share content with just a few clicks. You can add new text, customize fonts, colors, sizes and rearrange elements.

Visme’s shortcut feature lets you easily locate your desired feature while working on your designs. With the dynamic fields feature , you can effortlessly update content across your business plan.

Extensive Template Library

Visme has thousands of professionally designed templates to facilitate your business plan creation needs. Our template options are in diverse styles and cater to various preferences.

Simply select the templates that fit your needs, fill in your information, customize them to match your brand and share them with your investors or stakeholders.

Graphic Asset, Video and Audio Library

You can choose the right image that suits your business plan’s needs thanks to Visme's extensive library of icons, illustrations, 3D animated graphics , stock photos and videos .

Visme's library has over 4 million high-resolution images , audio and videos to spice up your projects.

AI-Powered Features/Tools

Apart from the business plan generator tool, Visme provides users with an additional array of AI-powered tools that inspire creativity and boost productivity.

Our AI text generator can assist you in generating texts or ideas for your business plan. It can even edit, proofread, shorten, lengthen, or change the tone of any text you’ve already created.

Struggling to find the right visuals for your business plan? Visme’s AI Image Generator has your back. Whether it's an image, painting, 3D graphic, pencil drawing, icon, or abstract art you're looking to create, this tool can create it in seconds.

You can also modify the appearance of your image with our AI touchup tool . You can remove or add objects to the picture, change backgrounds and even improve image quality.

Visme's Brand Wizard is another great feature that takes your business plan branding to a new level. Just input your URL and the website will generate your brand assets and add them to your branding kit. You'll also get custom templates and theme recommendations.

We’ll discuss other powerful AI solutions in the latter part of this article.

Vast Collection of Design Elements

Visme provides a comprehensive range of design elements to personalize the look and feel of your business plan. You can access thousands of fonts, colors, shapes, 2D/3D icons , characters, animated graphics and other design components to make your project visually appealing.

Interactivity and Animation

You can utilize Visme’s interactive features to create an interactive sales business plan or make your digital PDF more engaging.

Here are some ways to make your Visme plan more interactive with Visme:

• Embed audio, videos, links and other types of content.
• Create interactive elements like clickable menus, voiceovers, table of contents, etc.
• Add unique enter and exit transition effects, slide even set the timing for your slides.
• Include illustrative or animated 3D icons, gestures, special effects and even avatars.
• Add clickable links to additional resources. For example, you can add a link to a voiceover audio or video to add more context.
• Utilize interactive pop-ups, hover effects and hotspots to reveal additional information.
• Add the flipbook effect to your document to give it a page-turner feel.

Data Visualization Tools

Visme offers a robust set of data visualization tools , featuring over 20 charts, tables and graphs, complemented by 30+ data widgets to present business data concisely.

Another perk is that you can conveniently import data from applications such as Google Sheets or Excel into your charts. This eliminates the need for manual data input.

Seamless Collaboration with Team Members

With Visme's built-in collaboration tools , team members can easily work together to create or improve a business plan simultaneously. This feature allows team members to edit, provide feedback and discuss developments in real-time.

The Workflow feature also lets you assign tasks and due dates, enhancing team efficiency.

Third-Party Integration With Other Tools

You can connect other tools you use with Visme to ensure a smooth business plan creation process. Connect with apps like Google Analytics, TypeForm, Dropbox, Salesforce, etc to get the best out of both Visme and your tools.

Share, Publish And Download

After completing your business plan, sharing and publishing is a breeze. You can share it with your colleagues and prospects via a link or download it using any of these formats:

• Image: JPG and PNG
• Document: PDF & PDF with Bleed Marks
• Present Offline: PPTX and HTML5

Our AI business plan generator also effortlessly incorporates a flipbook effect into your business plan, providing a distinctive touch that will help you stand out.

Comprehensive Analytics

Use Visme’s analytics feature to get insights into how your audience engages and interacts with your business plan. You can track metrics such as views, unique visits and lots more.

Desktop or Cloud

Visme offers both an accessible online cloud-based application for your computer and a downloadable desktop app , ensuring seamless content creation even outside your web browser. For on-the-go needs, you can conveniently use the Visme iOS app on your mobile device or tablet.

• User-friendly editor with an intuitive interface
• Relevant AI-powered tools
• Ability to customize style, tone, language and various other elements
• Comprehensive library of business plan templates
• A design library offering a variety of graphic elements, including shapes, icons, avatars, 3D animations and special effects
• Robust collaboration feature to enhance team efficiency

Certain advanced and relevant features can only be enjoyed with a paid account.

Visme has a free plan that allows you to enjoy a plethora of features at no cost. Regardless, we still have paid plans for those who want to enjoy extensive features.

• Starter: $12.25/month, billed annually.
• Pro: $24.75/month, billed annually.
• Visme for Teams: Custom price.

2. Upmetrics

Upmetrics is a business software solution that equips entrepreneurs with essential tools for brand growth. Users can generate comprehensive business plans using Upmetrics. The tool also offers business plan templates, video tutorials and other reliable resources to simplify the process.

Upmetrics' AI Assistant tool further assists in creating, rewriting, editing, lengthening, summarizing and adjusting the tone of your business plans.

• Offers AI tools, including a text generator, rewriter, lengthener/shortener, editor and tone adjuster
• Enables real-time updates in content and offers cloud storage to prevent potential loss of edits or data
• The software offers a variety of pre-made business plan templates
•  Provides resources and tutorials to effectively guide users in creating a business plan
• Intuitive and easy-to-use user interface
• Supports real-time collaboration across teams
• Wide range of data visualization tools
• Customizable tone options
• Grammatical error checks
• Social sharing features are available
• Affordable pricing
• Limited design features and customization capabilities
• Provides limited guidance and resources

Upmetrics offers a free trial and three paid plans. The monthly billing plans include the following:

• Lite: $12/month
• Business: $35/month
• Agency: $54/month

Copy AI is another AI writing assistant that uses natural language processing algorithms to turn basic texts into persuasive copy. The platform offers business plan templates, allowing you to create your plan without starting from scratch.

Log in, choose a template and input key details like your business name, addressed problems and target market. The tool will then auto-generate content for your business plan.

• Premade templates to help ease the stress of creating a business plan
• User-friendly interface with drag-and-drop functionality
• AI features to improve your content, tweak the tone to a more suitable one and suggest prompts to help you create better content
• Deploys NLP algorithms and the AIDA format to generate content
• Third-party integrations with apps like Hubspot, Zoom, SurveyMonkey and more
• The workflow is simple and intuitive
• Grammar Checker automatically checks and corrects grammar and spelling errors
• Content can be translated into 25 languages, including Spanish, Mandarin, German, English and more
• The rewriter tool assists in refining and restructuring your writing
• Lacks collaborative features
• Can’t generate long-form content
• Lacks design features and elements for customization
• Doesn’t have a brand kit
• The paid plans are pricey

CopyAI offers a free plan and 4 paid plans. The paid plans include:

• Pro plan: $49/month
• Team plan: $249/month
• Growth plan: $1,333/month
• Scale plan: $4,000/month

Bit is an AI-powered document collaboration platform that helps you create, collaborate and organize ideas for your business plan. With a user-friendly interface and intelligent features like AI Genius writer, smart templates, real-time editing and 100+ integrations, Bit is an excellent tool for teams working on business plans and other strategic documents.

• Smart document creation that incorporates text, images, videos, embeds and code blocks with syntax highlighting
• AI Genius writing assistant to create content, conduct research and generate custom templates
• Wiki functionality lets you convert documents into wikis with subpage hierarchies
• Version control to automatically save and revert document versions
• Real-time collaboration
• Integration with 100+ apps
• User-friendly interface
• Versatile content creation supporting various media types
• Enhanced collaboration with real-time editing
• AI assistance to boost productivity and writing efficiency
• Users may find it overwhelming for simple tasks
• Learning curve for advanced features
• Advanced features like the AI writing assistant incur additional costs, which could be a consideration for budget-conscious users

You can get started with Bit.ai for free without any credit card requirements. The paid plans include:

• Pro: $8/month
• Business: $15/month

Taskade is a comprehensive tool for task management, project collaboration and documentation. It has an AI Generator that helps you create diverse projects, including business plans. The business plan outline generator tool walks you through each step of the business plan creation process so you don't miss any critical component.

The AI requests you to fill in specific information and creates a standardized business plan structure unique to your business.  It also offers a variety of templates to jumpstart your business plan creation.

• AI automation tools, including an AI-powered chatbot, writing assistant and workflow creation
• Taskade offers customizable templates for common business plan use cases
• Real-time collaboration options, including a messaging chat bar
• Provides diverse ways to visualize and organize information, such as lists, boards, and mind maps
• Supports integrations with a vast number of third-party tools like Slack, Notion, Trello, Canva, etc.
• Offers multi-language translation, including Spanish, German, Japanese, Italian and Chinese
• Extremely user-friendly, ensuring a seamless and hassle-free experience for users
• Efficient in structuring plans
• Capable of automating workflows for future projects
• Provides cost-effective pricing choices
• Does not generate complete plans
• Lacks analytic features to track performance
• Limited customization options
• Lacks design features

Taskade has a free plan and the following paid plans:

• Starter: $8/month/3 users
• Plus: $16/month/5 users
• Pro: $39/month/10 users
• Business: $99/month/25 users
• Ultimate: $199/month/50 users
• Enterprise: Custom

6. Notion AI

Notion is an online productivity tool that gives you a single space to write, think and organize all your thoughts, ideas and projects. You can create notes, tables, calendars, documents, wikis and even websites.

Notion AI is a recent addition to their main product. This feature is kind of like an assistant that can help you find information quickly, answer questions, autofill tables, brainstorm and write AI-generated drafts for almost anything—including business plans.

You can send the AI specific prompts and it will create a structured business plan for you in seconds. You can also use Notion’s business plan template , which comes with pre-defined sections, and use Notion AI’s help to flesh out the content for each section.

• Ask questions to quickly retrieve information within your Notion workspace
• Create and autofill tables based on prompts
• Write drafts, edit and translate text
• Convert data into actionable insights and summaries
• Ensure data privacy with encryption and GDPR compliance
• Easy to use and beginner-friendly
• Integrates seamlessly with your existing Notion workspace
• Real-time collaboration means you can work with your team
• No design features for creating print-ready business plan documents
• Comes at an added cost
• AI-generated content might lack creativity
• Notion AI is free for all Notion users with usage limits
• The Notion AI add-on with unlimited usage starts at $8/member/month

7. Sincode AI

SinCode AI streamlines content creation by providing original writing, assisting in initial drafts, automating repetitive tasks and offering advanced document editing features. The AI Document Editor streamlines the process of creating and editing business plans.

SinCode AI also offers ample customization choices and a user-friendly design tool. Moreover, the tool presents a collection of more than 60 business tools, fostering productivity and efficiency while minimizing both time and cost.

• Advanced AI-powered writing tool (Maeve chat) for generating first drafts
• AI document editor designed to assist in creating and editing business plans
• Extensive customization options to customize your business plan
• User-friendly AI design tool to create compelling visuals for business plans
• Pre-built prompt library along with categories where you can make it easy with your work
• Extensive suite of business and marketing tools such as Product Description, Business & Product Names, email Generator, Sales Pitch, Business Model generators and lots more
• Easy-to-use and intuitive interface
• Generates high-quality content and images
• Robust data analysis capabilities
• Supports reading and writing content in about 26 languages
• No premade templates
• Lacks collaboration features

SinCode AI has two monthly subscription plans:

• Starter plan: $20/month

8. Grammarly

Grammarly is widely recognized for its grammar editing tool. The software also offers an AI business generator you can use to create an executive summary. However, it falls short in terms of the depth and customization required for a comprehensive plan.

• Prompt-based text generator and writer that lets you generate ideas, rewrite and change the tone or length of the text
• Provides AI-backed suggestions for your content
• Plagiarism checker to ensure that there is no direct copying of texts from other sources
• Robust plagiarism checker
• Editing feature for seamless content adjustment
• Lacks premade templates or design assets
• No document editor
• Limited integrations with third-party software

Grammarly has a free plan with other subscription-based plans. Its subscription plans are:

• Individual plan: $30/month
• Team plan: $15/month/user

9. LivePlan

LivePlan is a cloud-based business plan software that combines powerful AI tools with traditional planning features. It has helped over a million business owners build better businesses thanks to its AI writing assistant, built-in business plan templates, financial modeling, performance tracking and integration capabilities with QuickBooks & Xero.

• AI-powered content generation
• 550+ built-in sample business plans for inspiration
• Interactive financial forecasting
• Performance dashboards for tracking metrics
• One-page pitch builder
• Robust tools for business planning and financial forecasting
• Industry-specific business plan templates
• Integration with popular accounting software like QuickBooks and Xero
• Limited offline functionality; requires internet connection for most features

LivePlan doesn’t offer a free plan but has a 35-day money-back guarantee on all its paid plans. The plans are as follows:

• Standard: $15/month
• Premium: $30/month

10. Simplified

Simplified offers a comprehensive AI toolset for businesses of all sizes.

One of its standout features is the AI presentation maker, which empowers brands to streamline business planning. This tool provides ready-made templates and offers a structured outline for creating professional business plan presentations.

You can also access an array of tools on Simplified, including an AI image generator, AI presentation creator, AI writer, content rewriter and more.

• Premade templates to jumpstart business plan creation
• The AI-driven content rewriting function assists in content editing and enhancement
• Offers Team collaboration feature
• Video tutorials are available as in-app resources
• Image and video editing tools to help create and edit images and videos
• Branding tool for storing brand assets and using them for customization
• AI graphic design features for creating appealing visuals
• Publishing features enable you to share your content across various social media platforms
• Comprehensive knowledge base and accessible resources
• Offers smart suggestions
• Provides analytics features to track engagements
• The limited number of templates

Each of the tools in Simplified has varying plans and prices. But since this article focuses on business plan generators, let’s have a look at the pricing plans of its AI writer and Graphic design tool.

• The AI Writer Free: $0
• AI Writer Pro: $18/month per seat

Graphic Design

• Design Free: $0
• Design Pro: $9 per seat
• Design Business: $15/month for 5 seats

11. Beautiful.ai

Beautiful.ai is an AI presentation software that helps businesses generate visually attractive presentations. You can use it to create a business plan presentation using a wide range of appealing and customizable templates.

All you need to do is log in, fill out specific details about your business and templates will be reeled out for you to choose from.

• Over 100+ presentation templates and examples to choose from
• Customization feature to ensure brand consistency for every design
• Visual elements like fonts, themes, images, etc., create a beautifully designed template
• Data visualization features are also available to visualize data and present metrics
• Intuitive and user-friendly interface
• Analytics features to study viewers' behaviors
• Promotes collaboration with real-time editing and feedback features
• Offers branding features
• Limited design elements
• Restricted control over layout design
• No offline access or export choices

Beautiful.ai has 3 monthly subscription plans which are as follows:

• Basic: Free
• Pro plan: $15/month
• Team plan: $46/month per user
• Enterprise plan: Custom price

12. ChatGPT

Probably the world’s most prominent chatbot, ChatGPT is a free AI tool that uses NLP and deep learning algorithms to create responses in a chat-like manner to text prompts.

While it's not a dedicated business plan generator, this software can serve as a valuable resource to help you create one at no cost. It won't autonomously generate a complete business plan, but it allows you to gather information for your business.

You can utilize prompts to generate ideas and a basic draft, section by section, contributing to a more comprehensive business plan.

• Human-like chat responses to prompts
• Advanced data analysis feature and browsing options
• Many third-party app integrations are available
• The interface offers easy navigation and usability
• Can be used to create an outline or a framework for a business plan
• Saves time and helps boost productivity
• It supports over 50 languages
• Lacks features to create a full business plan
• The information generated may be inaccurate
• Lacks premade templates and design features

Even though ChatGPT has a free plan, there is still a paid subscription to gain access to more features. The paid plans include:

• Plus: $20/month
• Team: $25/person/month

13. 15MinutePlan

Whether you’re looking to secure funding from a private investor, acquire a bank loan or design a business plan for self-learning, 15MinutePlan is a great option. Answer a few simple questions about your business idea, and in under 15 minutes the platform will generate a customized plan, complete with market analysis and financial projections.

• AI-powered plan creation based on the latest market trends and best practices using GPT-3.5 and GPT-4
• Multilingual support
• SBA-approved templates
• “Talk To Plan” functionality allows users to dictate changes or additions
• Quick plan generation
• Simple, form-based input process with a user-friendly interface
• Supports multiple languages including Spanish, Italian, Arabic and Japanese
• Relies heavily on user input for accuracy
• Not suitable for seeking large investments

15MinutePlan doesn’t offer a free plan. You can access their paid plans for a one-time fee:

• Starter: $69
• Professional: $99

14. Cookup AI

Cookup AI offers a diverse range of AI tools tailored for various purposes, encompassing categories such as social media content, marketing, SEO, entertainment, education and more.

Among its offerings is the AI Business Plan Generator, a user-friendly tool designed to streamline the process of outlining business ideas and essential elements.

Based on your prompts, this tool generates a concise but not highly detailed business plan. You can leverage this skeletal plan as a foundation to develop a more comprehensive business plan for your brand.

• Simple and intuitive workflow
• Assists with financial projections, market analysis and competitive analysis
• Provides guidance on how to write a business plan
• Access to a wide range of AI tools such as product roadmap generator, product requirement doc generator, marketing strategy generator, market trend identification apps and lots more
• Free for users
• User-friendly and streamlined interface
• Suitable for startups and small businesses
• Lacks premade templates
• No integration with third-party apps
• Not suitable for complex business planning needs
• Lacks analytic features

Cookup AI is free for users.

Q. Can AI create a business plan?

Modern AI tools are more than capable of creating a business plan. They can generate content from scratch, conduct market analysis, create financial projections and even suggest marketing strategies based on user inputs.

Q. Is there a free AI business plan generator?

There are several AI business plan generators that offer basic plans at no cost, while others provide free trials. One such platform is Visme, which is more than a business plan generator.

It's a content creation powerhouse with advanced AI features that can help you create engaging presentations, interactive infographics and other visual assets essential for a compelling business plan.

Q. How to start a business with AI?

There are several ways to start a business with AI:

• Generate business plans to secure funding
• Identify market needs and product ideas
• Create and test AI-driven prototypes
• Use AI for data analysis

Q. Can ChatGPT generate a business plan?

While ChatGPT isn’t a dedicated business plan generator, it can still help you generate portions of a business plan, such as conducting market analysis, brainstorming marketing strategies, creating financial projections, drafting content and more.

Q. What is the best free AI tool for business?

The best free AI tool for business depends on your specific needs. For example, Visme is great at visual content creation and business planning, HubSpot offers AI-powered CRM and marketing tools, Loom uses AI to improve video messaging and Trello incorporates AI for task management and workflow optimization.

Q. What AI generator does everyone use?

There isn’t a single AI generator that everyone uses. Many people use ChatGPT for text generation because of its versatility and ease of use, DALL-E for image creation and Visme for all their visual content needs, including business plans, presentations and infographics.

Q. Does Google have an AI generator?

Yes, Google offers AI tools like Vertex AI for machine learning model development and Google AI for AI research and applications.

We discussed Visme's business plan generator and a few AI-powered tools earlier. But Visme offers other AI tools for creating other types of content.

Visme’s AI document generator and AI report writer help you create visually appealing document designs that can be customized. Whether you're looking to craft an ebook, proposal, plan, or newsletter, Visme's free AI document generator has you covered.

Users also get an AI presentation maker suitable for various presentation needs. You can use it to create sales presentations , proposal presentations , pitch decks and more.

You can also customize every aspect of the document, add interactive elements and even present it in a FlipBook format . To use these AI tools, provide the AI chatbot with relevant prompts, share specifics about the content type, tone and style and then sit back and let the AI handle the rest.

Work Smarter with Visme’s AI Tools

There you have it! We've compiled a selection of the top AI business plan generator tools in this guide.

If you need an AI business plan generator that is both simple to use and feature-rich, Visme is your best bet. Visme is not just an alternative to other business plan AI generators; it's a step up.

Whether you're a novice or a professional, Visme provides a wide range of features to help bring your business plan visions to life.

With Visme, you gain access to a comprehensive suite of content creation and visual design tools, along with additional AI-driven solutions such as the Visme AI writer, AI image generator and AI image editor.

You can use Visme’s AI tools to create many other assets such as presentations, proposals, ebooks, newsletters, reports and more.

Sign up to start creating professional business plans with Visme.

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About the Author

Olujinmi is a Content writer for Visme who creates human-first SEO content. She loves helping businesses smash their ROI goals with strategic content development and optimization. When she’s not writing, you’ll find her composing songs.

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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.

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Free AI Business Plan Generator

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

Browse through Business Plan Templates

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

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

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

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

Sample prompts you can modify and use

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

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

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

Our AI Business Plan Generator is made for every business type

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

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

Custom Business Plans: Precisely Tailored to Your Needs

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

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

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

Step 1: define your business identity.

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

Step 2: Specify Operational and Design Elements

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

Step 3: Craft Your AI Prompt for the Business Plan

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

Step 4: Review and Refine

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

Step 5: Finalize and Utilize

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

Venngage is more than just an AI business plan generator

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

Effortless Design

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

Drag-and-Drop Simplicity

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

Data Made Clear

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

Consistent Branding

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

High-Quality Exports

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

Can I customize the business plans generated by the AI?

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

Are there more business plan designs available?

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

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

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

How many business plans can I generate for free?

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

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12 AI Business Plan Generators to Start Any Business in 2024

15MinutePlan

Wordkraft ai, beautiful ai.

• Brixx Plan Software

Useful ChatGPT prompts for writing a business plan

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

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

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

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

12 AI business planners to help you start your business fast

Generate and refine an executive summary.

Free Plan Paid plan: From 12$ / month

Key features

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

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

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

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

Detailed AI-generated business plans.

Free to try Paid plan: From 99$

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

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

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

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

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

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

AI-enhanced business plan templates.

Free plan Paid plan: From 20$ / month

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

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

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

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

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

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

AI-assisted business plan writing.

Free plan Paid plan: From 29$ / month

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

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

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

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

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

Generate presentations based on text prompts.

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

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

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

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

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

AI tool collection for documents & media.

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

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

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

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

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

AI-assisted note-taking and templates.

Free plan Paid plan: From 10$ / month

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

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

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

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

AI apps for different purposes.

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

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

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

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

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

Collaborative Business Plan Development.

Free plan Paid plan: From 8$ / month

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

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

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

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

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

AI platform designed specifically for business plans.

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

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

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

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

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

The leading AI-based chatbot.

Free plan Paid plan: 20$ / month

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

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

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

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

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

Brixx Planning Software

Financial forecasting and planning.

Free plan Paid plan: From 13$ / month

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

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

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

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

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

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

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

1. Generating a business plan outline

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

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

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

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

2. Generating executive summary

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

Other prompts you can use include:

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

3. Performing a market analysis

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

4. Competition analysis

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

5. Generating a sales and marketing strategy

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

6. Operations and management

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

7. Generating a financial plan

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

8. Conclusion

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

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

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

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

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

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

1. Edit and review the business plan

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

2. Make sure it is actionable

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

Image source

3. Ensure only credible data sources are used

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

4. Seek expert advice

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

5. Make sure it is clear and readable

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

6. Customize your AI-generated business plan

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

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

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

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

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

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

Hi Michiel, what tool are you trying to use?

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

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Business Plan Template Examples

PrometAI offers a comprehensive collection of free business plan template examples that cater to various business needs. Our resources include business plan examples for startups specifically designed to address the unique challenges new ventures face. Whether you need detailed strategies or financial projections , these templates provide a solid framework to build a business plan .

Cryptovault Solutions

Customizable crypto business plan template designed specifically for crypto startups, available for free download in PDF format.

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.

Our core statistics

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

As a retired teacher on a new journey into entrepreneurship, I was lost and overwhelmed to keep this short. My business wasn’t slowing me down as it’s highly anticipated… but my learning curve was. Your site and tools brought my business to reality then brought me to tears. My business may not be a groundbreaking globally known franchise one day, but it sure does mean a lot to every community following our innovative yet proven concept to benefit ALL customers. Your company, in just 30mins, has mapped out and created what would have taken me literally MONTHS to try and figure out as a new business owner, as well as several sessions with advisors and mentors to hash over. This probably isn’t a big deal, but this site has been wealth of knowledge for me today. (Just today so far!)… all in ONE place. You guys are awesome

Kimberly Ashley

Founder at Run It

Prometai.app has proven to be an excellent tool in preparing my business plan in the agricultural field. It is intuitive and easy to use with a very professional and accessible support team.

Carel Hofstra

Shareholder/Board Member at Dimension Investments

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 with a direct or indirect interest in the business and can affect or be affected by its activities.

Pain Points in Business

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

SWOT Analysis

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 your business plan in minutes with our ai assistant.

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

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

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

Navigate Your Plan with Our Step-By-Step Instructions

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

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

Ask anything to our AI Business Coach

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

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

Writing will never become a problem for you

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

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

Get a head start with 400+ real business plan examples

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

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

Create a plan and build your dream business

Loved by forward-thinking entrepreneurs and business owners

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

Abdelraouf Hammoud

Solutions Design Manager at DHL Supply Chain

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

Jason Lorje

Founder & CEO at Agmondo

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

Jarred Bouffier

BDM at Mandoe

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

Deepak Dhanak

Founder at DocuX

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

President at Ventures Lending Technologies

I loved the financial modeling capabilities of Upmetrics as they are exceptional and easy to use & understand. It simplifies the often complex process of creating financial projections and forecasts. Along with it, AI assistance worked wonders for me.

Vaibhav Kamble

Founder at CloudOptimo

Leverage the full power of the Al Business Plan Generator

Al-assistant to save time.

• Unlock rapid, automated plan drafting with our AI. Just input your business details and let our system handle the rest.

An affordable alternative

• Gain expert planning insights without the hefty price tag. No need to hire costly business plan writers.

Set yourself up for success

• Our platform not only crafts your plan but also equips you with tools for success. Access tools from financial forecast to strategy development.

Write your AI business plan

Start with the Basics

Start by providing basic information about your business. i.e. your business name, and your business model. This foundational data sets the stage for a tailored AI-driven planning process.

Answer tailor-made questions

Get your first draft, refine your plan, every sections you need to plan for your business.

Frequently Asked Questions

Discover more:.

• Financial Forecasting Software
• Business Plan Builder
• AI Pitch Deck Generator
• Strategic Planning Tool
• Sample Business Plans
• Strategic Planning Templates

Finish your business plan faster with Upmetrics AI

• 15-Day Money-Back Guarantee
• Change Plans Anytime
• Cancel Anytime

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.

New & Trending Tools

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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

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• / AI Business Plan Generator

Generate Your Business Future: AI Business Plan Generator

Craft Your Perfect Business Plan Easily with AI Assistance

Craft Customized Business Plans with AI

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

How to Generate Business Plan With AI

Three Simple Steps for generating Business Plan:

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

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

Click ‘Generate’ to let the AI analyze your input and provide you with the Business Plan.

Upgrade Your Business with AI-Powered Planning

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

Enhance Your Business Plans with Interactive Features

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

Team Collaboration for Smooth Business Planning

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

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Frequently Asked Questions

What is an ai business plan generator, is the ai business plan generator easy to use, can i customize the business plan templates generated by ai, does the ai business plan generator include financial forecasting capabilities, is there a free trial available for the ai business plan generator, how secure is my data when using the ai business plan generator, can multiple team members collaborate on a single business plan using this tool, what types of businesses can benefit from using the ai business plan generator, generate your business vision with simplified ai tool.

AI Business Plan Generator: Your Tool for Strategic Growth

What our 10 million+ users are saying about Simplified

Aggregate review rating.

Date - Jan 28, 2024

Efficient and User-Friendly AI Tool

The tool's versatility is a key factor in solving various business problems, contributing to improved efficiency and creative outcomes.

Date - Feb 24, 2024

Simplified is for any business that is fed up with Marketing Firms

Simplified is user friendly , intuitively creative asset for any business wanting to generate ads, posts to drive people to their website. It is great for brand awareness as well as business focused advertising.

Date - Feb 29, 2024

When it comes to managing business processes, simplicity is key, and Simplified delivers just that. The user-friendly interface makes it intuitive for users of all backgrounds to navigate the platform and access the tools they need

Date - Sep 05, 2023

How Simplified lives up to it's name.

Simplified truly stands out in assisting me with my business needs. I have been searching for a service that provides an all-in-one solution, encompassing features such as blog writing, social media management, and marketing

Date - Oct 02, 2023

I literally felt like I hired a team of business experts

With Simplified, I able to get help my business plan, create a brand kit that included everything involving my business like pictures, fonts, slogans, and logos, which made it very easy to create marketing campaigns.

Date - Oct 05, 2023

Great Tool, You Can See They've Really Put The Effort In To Providing What You Need

I use Simplify every day and am well impressed by this new tool for myself as an online business owner/digital media creator/marketer.

Planning Tools for Entrepreneurs who'd rather be Building

Create your startup plan in minutes, generate a plan today, quick & easy.

With our exclusive AI engine, no more wasting weeks researching to understand the complexities of building a business.

Comprehensive

We give you access to the same tools experts use. Our smart engine offers the complete set of tools and resources needed to succeed.

Cost Effective

No more paying for expensive consultants. Within a few minutes, you'll save thousands of dollars and hundreds of hours.

Startup tools to get your idea launched

Your ai consultant partner.

• Guidance: Tailored suggestions and writing improvements.
• AI Coach: Personalized business-focused answers your questions
• Help Me Write: Transform your initial thoughts into polished content

Evaluating your Startup Idea

• Value Proposition: Define and refine your unique offering
• MVP Planning: Develop a plan to test your idea in the real market
• Problem & Solution Discovery: Articulate your market fit clearly.

Business Planning Made Easy: From Vision to Plan

• Vision Development: Crafting a clear vision and mission for your business
• Market Strategy: Identifying and targeting your ideal market segments
• Competitive Analysis: Thoroughly understand your market landscape.

Build & Amplify your Brand

• Brand Strategy Development: Craft a compelling brand identity
• Go-to-Market Strategy: Plan and execute an impactful launch
• Taglines & USPs: Create memorable messages and unique selling points

AI helps you align the plan to your vision

• Revise your plan until it's perfect
• Our AI Consultant can step in at anytime
• Uncover valuable insights with the click of a button

As Featured In

Access all AI Features

Starter plan.

• Some important point
• 3 Ready Landings
• 30+ Components
• CMS powered
• Built in Webflow by webflow

Business Plan

• Elevator Pitch: Create an effective pitch to introduce your business.
• One Pager & Pitch Deck Outline: Summarize your business in a single page.
• Marketing Plan: Outline strategies to promote your business.
• SWOT Analysis: Analyze strengths, weaknesses, opportunities, and threats.
• Competitive Analysis: Analyze your competitors and determine how to differentiate.
• Customer Personas to better understand customer needs.
• Market Analysis: Assess the size and growth of the market.
• Unlimited Revisions, Edit, & Export
• Create the basics for your project or business
• Generate and edit a Lean Startup Canvas with AI
• AI produced SWOT Analysis: Uncover strengths, weaknesses, opportunities, and threats
• Customer Personas: to better understand customer needs.
• So much more... 23 Modules, 105 Key Sections

105 Sections, 23 Key Modules

Executive summary.

Create an effective summary to introduce your business.

Pitch Deck Outline

Outline the key points of your startup in a pitch deck.

Market Analysis

Assess your total addressable market size and growth of the market.

Competitive Analysis

Analyze your competitors and determine how to differentiate.

Customer Personas

Better understand your customer needs.

SWOT Analysis

Analyze strengths, weaknesses, opportunities, and threats.

Marketing Plan

Outline strategies to promote your business.

Brand Strategy

Vision, mission, tagline, and brand positioning.

Your business's story written succinctly.

Porter’s Five Forces

Understand your competitive landscape quickly.

Benefit Statement

Highlight the compelling advantages of your product or service.

Strategic management framework. Stars, Cash Cows, Question Marks, and Dogs.

Solution Statement

A compelling narrative that showcases the heart of your business idea.

Lean Startup Canvas

Visualize and map out your business to identify key components critical to success.

Problem Statement

Identify the key issues your target market faces.

Generate a catchy, memorable phrase that encapsulates the essence and values of your brand.

Test the power of AI by creating a free account.

Frequently Asked Questions?

Yes, we offer a free plan which includes the business model canvas, lean startup canvas, and other documents.

Getting started is easy! Just create an account, add your idea and get started building your plan.

Yes, you can create as many plans as you'd like.

Yes, your business data is encrypted and stored securely. That means that only you can read and access your documents.

You can create any type of business, from restaurants to tech startups and everything in between.

Yes, you can invite users to edit your plan directly within our app or export it to share with others.

Danish Ahmed's Expert Take on Rising Above the Noise, Spotlighted on Inc.com

Discover Danish Ahmed's insights on personalization & creator empowerment for startups on Inc.com. Elevate your impact above the noise.

AI Marketing for Small Businesses: Grow Smarter, Not Harder

Learn how AI marketing can help your small business compete, understand customers, save money, and thrive in today's market.

What stage is your business at?

Tell us and we'll match you with a special liveplan discount:, new business idea, startup phase, established business, new business discount, great, we have special savings for organizing your business ideas., get full access to liveplan for 50% off, save big with any monthly package, startup discount, great, we have special savings for businesses just starting up., save big on liveplan premium, save big with any liveplan premium package, established business discount, great, we have special savings for businesses that are up and running., get annual access to liveplan for 40% off, save big with any annual package.

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You can do this! Tour LivePlan to see how simple business planning can be.

Have an expert write your plan, build your forecast, and so much more.

Integrations

For Small Businesses

For Advisors & Mentors

AI-Powered LivePlan Assistant

Finish faster & stronger with LivePlan's AI business plan generator

Create your best business plan with an AI-powered tool that suggests ideas and improves your writing.

Trusted by over 1 million small business owners

4.8/5 Google reviews

35-day money-back guarantee Get started risk-free

Plan smarter, not harder - with AI-powered business planning

Help Me Write

A world without writer's block

Stop wasting time staring at a blank page, or wondering how to best translate your idea into words. Automatically generate content for each section of your plan with the LivePlan AI-powered Assistant's Help Me Write feature.

“I'm BLOWN AWAY by the AI “LivePlan Assistant”. It has learned my business in lightning speed and is taking a ton off my plate! [...] WOW!”

Instantly improve your writing

You want to feel confident that your plan is the best it can be — especially if you're sharing it with lenders or investors. Automatically improve your writing, adjusting for voice, tone, spelling and grammar for your business plan with the LivePlan AI-powered Assistant's Rewrite feature.

“This thing is AMAZING! The [AI] Auto-Rewrite is the best thing ever. I'm an accountant and work with numbers. I've never been great at writing! I love LivePlan! Super simple.”

Suggested Forecast Categories

Forecasting, now faster than ever

Skip the guesswork and start building a useful financial forecast with our AI business plan generator. Get suggestions for revenue streams, expense types, and other forecast categories that are specific to your business and add them to your forecast with one click.

How We're Different

More than just AI business plan software

LivePlan isn't just a business plan AI tool to easily create a business pitch, plan, and financials — it's a comprehensive business planning system and AI-powered assistant to help you plan, fund, and grow.

Plenty of support to help you succeed

Inspiration powered by ai.

Use the LivePlan Assistant to instantly generate ideas at each step of your plan. You can also access 550+ sample plans to find one that matches your industry.

Guidance from business experts

Stay on track with video walkthroughs, webinars, and more from business planning experts.

If you ever get stuck, our team will help

If you ever have a question, you can instantly chat with a LivePlan expert.

Join over 1 million entrepreneurs who have used LivePlan to write their business plans

Frequently asked questions.

Whenever we choose to pursue new features or make updates to LivePlan, it's with the goal of making business success available to everyone. And as we began to experiment with the capabilities of generative AI to run our own business, we realized that it could be a game changer for small business owners. Now, that doesn't mean we're trying to invent a plan-writing “easy button.” We believe that part of becoming a successful business owner is understanding the planning process so that you can review, iterate, and grow. An automatic AI business plan writer doesn't help you do that on its own.

Yes! LivePlan's AI-powered Assistant is available with both Standard and Premium LivePlan packages.

From within LivePlan, you will find LivePlan Assistant at various locations throughout the app. The “Help Me Write” and “Rewrite” features are available on both the Plan and the Pitch. “Suggested Forecast Categories” is available from within the Forecast. If you do not see the LivePlan Assistant, be sure you've opted into AI features in your “Manage Account” settings.

The LivePlan AI Assistant is designed to be a helpful tool in the business planning process. But no AI tool is meant to completely replace human insight and expertise. It's important to understand that the AI Assistant is meant to be a starting point, offering ideas and structure to help you develop your plan. Users should always review, refine, and customize the AI-generated content to ensure it accurately reflects their unique business vision and circumstances. LivePlan encourages users to combine the AI's suggestions with their own industry knowledge, market research, and financial projections to create a comprehensive and reliable business plan.

Yes! We're continually thinking of new ways to improve business planning and management for everyone. We truly believe that incorporating AI within LivePlan will improve the product and help users, like you, succeed in growing your business. While we can't get into specifics about upcoming features, just know that what we are working on will further strengthen your ability to write a useful business plan, build an actionable financial forecast, and analyze your business's actual results. We hope these improvements make planning faster, easier, more insightful and enjoyable so that you can focus your attention on starting, funding, managing, and growing your business.

This and other future AI tools will be on by default, but you can easily turn them off. We understand that you may have concerns about the potential risks and consequences of using AI. You may be worried about the broader impact on society, or you may just value creating your plan from scratch. To address these concerns, we are committed to making our AI features entirely optional. We believe in the freedom to choose how you use our product, and we want to make it easy to opt in or opt out of LivePlan Assistant and any future AI tools. To opt in or opt out of LivePlan Assistant , you can update your preferences in the “Manage Account” section of the account settings.

Business Plan Generator

IdeaMaster is an AI Business Plan generator that uses GPT-3.5 to generate comprehensive business plans for your startup. Simply select your industry and product type to get started.

Business Plan Ideas

Here's a list of business ideas that you can use to start your own business. All of these ideas are generated by our AI.

I tested 10 free AI website builders. Here's what I found

Everything to know about free AI website builders

Looking for a free AI website builder? Over the last few weeks, I made it my mission to test more than 30 of the best AI website builders currently available. Among them, I found at least 10 website builders with AI features that had a generous free plan with no time limit. 

From the beginner-friendly Dorik AI to the creator-focused Bookmark, here’s everything I learned from testing more than 10 free AI website builders in 2024.

What is a free AI website builder?

A free AI website builder is an online platform that uses artificial intelligence to help users create a website without requiring coding skills or web design experience. These builders typically ask you a series of questions about your business, organization, or the purpose of your website. Based on your answers, AI algorithms generate a custom website layout, design, and even content suggestions.

AI website builders offer plans that allow you to create and publish your site at different prices. While it’s customary for these platforms to offer free plans that allow you to create a website at no cost, these free plans often have limitations, like:

• Limited storage space
• Forced advertisements and branding
• Reduced access to AI features
• Restrictions on adding custom domains
• Network bandwidth limitations

Despite these limitations, AI website builders that offer free plans attract tons of users who wish to take the platform for a spin before making a financial commitment. Since most of the best website builders require expensive subscriptions, it’s wise to try out a free version to see if it works for you first. However, these free plans are usually not meant for long-term professional use.

How do free AI website builders work?

AI website builders offer free plans that let you create and publish a website at no cost using artificial intelligence and machine learning. 

Typically, you start by answering a series of questions about your business, organization, or website purpose. Based on your input, the platform generates a layout, fonts, colors, and even some placeholder content. Once the AI has generated a website, you’re typically given access to a no-code editor to customize the design and content to your liking.

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So, a free AI website builder basically works like any other AI website builder. But, the free plans come with notable limitations to keep you from accessing advanced features reserved for paying subscribers. These could include limitations of storage and bandwidth, forced website builder branding and ads, and reduced access to powerful customization tools, such as:

Forced branding 

Free websites often include the website builder's branding, such as their logo or a "Powered by" message in the footer. This can make your website appear less professional and may detract from your own brand identity. Upgrading to a paid plan typically allows you to remove the website builder's branding and create a more polished, professional look.

Storage and bandwidth 

Free plans often have limited storage space for your website files (e.g., images, videos, and documents) and a cap on the amount of traffic your site can handle. If you exceed these limits, your website may become slow or inaccessible. Paid plans usually offer more generous storage and bandwidth allocations to accommodate growing websites.

Feature limitations

Certain features, like e-commerce functionality, custom forms, or ad removal, may be restricted to paid plans. This means that if you want to sell products, gather leads, or create a more seamless user experience, you may need to upgrade to a paid plan. Free plans are best suited for basic websites with limited functionality.

No custom domains 

Instead of a custom domain (e.g., www.yourcompany.com), free plans typically provide a subdomain (e.g., yourcompany.builderwebsite.com). This can make your website harder to find and remember, and may not instill the same level of trust as a custom domain. Paid plans often include a custom domain or allow you to connect one you've purchased elsewhere.

Reduced support

Free plans may have limited customer support options compared to paid plans. This could mean longer wait times for assistance, no access to phone or chat support, or only being able to access a knowledge base or community forum. Paid plans often come with priority support and more channels for getting help when you need it.

Which free AI website builders did you test?

During my time researching AI website builders, I tested out at least 10 free platforms that offer generous plans without a paid subscription. Here they are in detail:

Wix AI is a mature AI-powered website builder that creates custom sites based on user input. It integrates with various AI features like eCommerce tools, blogging, and branding. The results are highly customizable, and the platform offers added value beyond just website creation. Wix offers one of the best free website builder plans out there, with plenty of AI features included. 

You can read our full Wix review here. 

Jimdo Dolphin

Jimdo Dolphin simplifies creating visually appealing websites for small to medium online stores. It offers an unlimited free plan with base features and a 2GB bandwidth limit. While easy to use, it lacks ecommerce features in the free plan and has limited customization options.

You can read our full Jimdo review here. 

SITE123 is an easy-to-use website builder with responsive design, SEO tools, and eCommerce capabilities. It offers free web hosting, a domain, and email accounts with certain plans. The platform includes a wide range of features for various website types, from blogs to online stores.

Read our full SITE123 review here. 

Webnode is an intuitive website builder with an AI-powered design generator. It offers a free plan with Webnode branding and domain. Features include backup and restore, professional email, and a knowledge base. Webnode is best for beginners, to create a basic website quickly.

Learn more about this website builder with our full Webnode website builder review . 

Appy Pie 

Appy Pie allows users to create aesthetic, functional websites without coding. It offers a drag-and-drop editor, customization options, and swift deployment. The platform also provides SEO tools, making it a one-stop solution for businesses looking to establish an online presence.

Discover more about Appy Pie with our Appy Pie review . 

Dorik 

Dorik is an AI website building platform that generates website content based on user prompts. It offers a drag-and-drop builder, pre-designed templates, and UI blocks for easy creation. Dorik also provides paid features like blogging, analytics, and a white-label CMS.

Read our full Dorik review to learn more about this AI website builder. 

IM Creator is best suited for creatives, freelancers, and small businesses looking for an easy-to-use platform to create a stunning website quickly. The free plans include all the essential AI features, but force you to display their branding.

Weebly 

Weebly is an easy-to-use website builder with an AI-powered website generator. It offers a free plan with Weebly branding and domain, along with access to basic features and templates. The free plan allows up to 15 pages, after which, you need to upgrade to a paid plan. 

Our Weebly review covers everything you need to know about the platform. 

WebWave 

WebWave is a drag-and-drop website builder that uses generative AI technology to build websites or online stores, without needing any coding skills. It offers a free plan with WebWave branding and domain, along with access to basic features and templates.

Ucraft is a free website builder with an AI-powered design assistant. It offers a drag-and-drop editor, responsive templates, and a free plan with builder branding. The platform also includes features like blogging, search engine optimization tools, and integrations with popular services.

Find everything you need to know about this free AI website builder in our Ucraft review . 

What’s the best free AI website builder right now?

As of right now, I think the best free AI website builder is Dorik AI . It’s an interesting platform that, although new, offers a good balance of features and affordability to attract first-time website creators looking to test the platform for free before choosing one of its reasonably-priced plans.

Why does Dorik make the cut? Apart from a drag-and-drop editor with 80 customizable templates and 250+ UI blocks, Dorik offers an AI website generator that lets you create a fully-featured site layout using a single prompt. It also offers AI-powered content generation, SEO tools, and a white-label CMS. 

Dorik’s free plan includes an impressive list of AI features to keep you busy. Once you’re done experimenting with the platform, paid plans start at just $16/month.

Ritoban Mukherjee is a freelance tech and innovations journalist from West Bengal, India. His work focuses on reviews, guides, and features about consumer and business software, such as AI website builders and CRM platforms, among other things. He has been published on Tom's Guide, TechRadar, Creative Bloq, IT Pro Portal, Gizmodo, Medium, Quartz, and Mental Floss. 

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Entrepreneurs say use of artificial intelligence for a variety of tasks is accelerating the path to hiring and, ideally, profitability.

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By Sydney Ember

Sean Ammirati has been teaching a class on entrepreneurship for more than a decade.

A professor at Carnegie Mellon University, Mr. Ammirati has groups of mostly graduate students start businesses from scratch over the course of the spring semester. Some of the start-ups that his 49 students created this year were classic examples of the form: a dating app for couples in long-distance relationships, a personalized fitness app.

But Mr. Ammirati also noticed something unusual.

“I have a pretty good sense how fast the progress that students should make in a semester should be,” he said. “In 14 years, I’ve never seen students make the kind of progress that they made this year.”

And he knew exactly why that was the case. For the first time, Mr. Ammirati had encouraged his students to use generative artificial intelligence as part of their process — “think of generative A.I as your co-founder,” he recalled telling them.

The students began sharing their ideas for use cases on a dedicated Slack channel. They used generative A.I. tools such as ChatGPT, GitHub Copilot and FlowiseAI to help them with tasks including marketing, coding, product development and recruitment of early customers.

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Amazon Cloud CEO Predicts a Future Where Most Software Engineers Don't Code — and AI Does It Instead In a leaked chat, Garman told Amazon employees that in about two years, "it's possible that most developers are not coding."

By Sherin Shibu Edited by Melissa Malamut Aug 21, 2024

Key Takeaways

• Matt Garman became CEO of Amazon Web Services in June.
• In a leaked recording obtained by Business Insider, Garman told employees that AI changes a software engineer's job description.
• Innovation will take the place of coding, he said, and developers will need to think more about the end product.

AI is shaking up industries — and software engineering is no exception.

In a leaked recording of a June fireside chat obtained by Business Insider , Amazon Web Services CEO Matt Garman reportedly told employees that AI is changing what being a software engineer means —and essentially changes the job description.

"If you go forward 24 months from now, or some amount of time — I can't exactly predict where it is — it's possible that most developers are not coding," Garman said, adding later that the developer role would look different next year compared to 2020.

Garman took over as CEO of AWS on June 3 after nearly two decades in the division. He joined as a full-time product manager in 2006 when AWS had just three people on its worldwide sales team.

In the leaked chat, Garman said that innovation will replace coding, which means developers will have to think more about the end product.

Related: How to Find the Right Programmers: A Brief Guideline for Startup Founders

"It just means that each of us has to get more in tune with what our customers need and what the actual end thing is that we're going to try to go build because that's going to be more and more of what the work is as opposed to sitting down and actually writing code," he reportedly stated.

AWS currently has about 130,000 employees, having laid off several hundred people in April in its sales, marketing, and global services divisions.

Marco Argenti, the CIO of Goldman Sachs, expressed a similar sentiment in April — technical skills alone were not enough to handle AI.

To keep up with the technology, Agenti encouraged future engineers, including his own college-age daughter, to study philosophy in addition to engineering.

Philosophy would give engineers the reasoning abilities and mental framework to keep up with AI, detect hallucinations, and challenge its output, according to Argenti.

Related: Goldman Sachs CIO Says Coders Should Take Philosophy Classes — Here's Why

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How to Start Using AI for Project Management

Imagine having a personal assistant who takes care of the boring stuff, predicts problems before they happen, and gives you clear, actionable insights for better project outcomes. AI-powered Project Management tools are doing just that, freeing up your time to focus on the big picture. They’re the ultimate co-pilot.

They help you automate routine tasks, quickly analyze data, and make informed decisions. Whether you’re using a simple checklist or a full-fledged work management platform, AI supercharges your Project Management strategy to help you reach your goals.

What is AI Project Management Software?

AI Project Management software goes beyond basic task management by leveraging advanced technologies to transform how projects are handled. Think of it as an intelligent system that not only manages your tasks but also understands your work habits, predicts potential issues, and offers solutions before they become problems.

AI can quickly predict a reliable outcome, learn preferences, make classifications, and identify important features. This efficiency boost leads to better project outcomes and a more streamlined workflows. By incorporating AI, these tools gain enhanced efficiency and predictive power, leading to more effective and successful Project Management.

Benefits of AI in Project Management for Project Managers

The Need for AI-Powered Project Management Tools

According to the Harvard Business Review, a massive $48 trillion are invested in projects, yet the Standish Group cites that only 35% of projects are considered successful .

“The wasted resources and unrealized benefits of the other 65% are mind-blowing,” says Antonio Nieto-Rodriguez and Ricardo Viana Vargas, from the Harvard Business Review. Clearly, there is a huge opportunity for the success of projects to better reflect the talent and work that gets poured into them.

Challenges of Traditional Project Management

Imagine Lisa, a Project Manager at a mid-sized company. Lisa is managing the launch of a new product line for her company, which involves coordinating multiple teams, including research and development, marketing, sales, and customer support. Each team has its own set of tasks and deadlines, which are highly interdependent. For instance, the R&D team needs to finalize the product design before marketing can create promotional materials, and sales training sessions can’t happen until the product features are fully understood.

The project also requires integrating feedback from a beta testing phase, requiring timely communication between the development team and beta users. Additionally, Lisa needs to ensure that all the necessary regulatory approvals are obtained, which involves coordinating with legal and compliance teams.

Without AI, Lisa manually schedules tasks, tracks progress, and reallocates resources, often discovering bottlenecks only after they become critical issues. She spends a significant amount of time in meetings trying to align the different teams and update project plans. Communication breakdowns are common, leading to misunderstandings about deadlines and task dependencies. Decision-making is slow, as Lisa lacks real-time data and insights, which can delay the launch and impact the project’s success.

Clearly, Lisa would benefit from a tool providing automation and insights for Project Managers.

Top AI Project Management Tools

• Microsoft Project: Microsoft Project is a foundational tool from this software giant, seamlessly integrating with the entire 365 ecosystem to enhance your project deliverables and unlock numerous opportunities.
• Monday : Monday is an all-in-one platform that allows you and your teams to set up various projects and manage tasks effectively while setting up the right processes. It’s great if you’re company is on the smaller side and new to Project Management.
• Asana : Best for enterprise companies. Asana is a versatile Project Management AI tool that streamlines task management and supports strategic initiatives. teams organize, track, and manage their work.
• Smartsheet : Advanced spreadsheets! Smartsheet utilizes AI for predictive analytics, automated workflows, and real-time data visualization, making Project Management more intuitive.
• Jira : Initially designed as a bug-tracking system by parent company, Atlassian, Jira is perfect for Agile-based Project Management teams. Jira incorporates AI to predict project risks, automate repetitive tasks, and offer real-time insights into project progress and team performance.
• Wrike : Perfect for your client management needs, Wrike is a simple work management platform that both external users and internal teams can access.
• OnePlan : OnePlan combines Strategic Portfolio Management with AI-driven insights to streamline project planning, resource allocation, and financial forecasting. Going beyond basic Project Management, OnePlan empowers leaders with enterprise-wide visibility. It connects with Microsoft Project, Project for the web, Microsoft Planner, Azure DevOps, Jira, Smartsheet, and monday.com and more for a complete view into all work across the enterprise.

How to Choose the Right AI Project Management Tool for You:

The right AI Project Management tool will depend on the needs of your team and your organization. To get started, you can ask yourself a few basic questions:

• What do you want AI to help you with?
• Is the tool flexible enough to scale with your business if needed?
• What is the scope and scale of projects typically managed?
• How well does the AI integrate with your existing tools?
• How intuitive is the tool’s interface?
• What is our budget?
• What kind of support and training is available for implementation?
• What level of customization does the tool offer?
• Are there case studies and customer testimonials that resonate with your business?
• What security features are in place to ensure safety of data?

Implementation and Best Practices

As AI popularity grows, so do best practices. While it’s clear that the full potential of AI in Project Management is still being explored, it’s becoming increasingly common to have dedicated councils overseeing AI usage. This evolving framework aims to balance innovation with safety and reliability, setting a solid foundation for the future of AI-powered Project Management tools.

Even without a dedicated council, your organization can take smart steps to ensure positive implementation of AI tools. Lareina Yee, a senior partner with McKinsey, says that responsible AI needs to “start at day one.” This means that teams are well versed in the risks of AI and mitigation of said risks, with early and consistent testing along the way.

Commonly reported risks, according to recent McKinsey survey , include privacy bias, intellectual property infringement, and security concerns. In order to mitigate these risks, McKinsey recommends the practice coined “shift left,” meaning shift reviews and testing of AI tools as early as possible to mitigate cybersecurity risks and prevent inaccuracies.

Avoid these Common AI Pitfalls:

One thing to remember as you get started is that machine learning systems need to be fed data. So don’t rely on the same public information everyone else has access to through the platform. Instead, learn how to feed AI unique data so it can better serve your goals.

Don’t fall into these 5 common pitfalls when embarking on your AI journey:

• Don’t bite off more than you can chew! Remember, you don’t need to transform your organization overnight.
• Don’t ignore data quality. Ensure your data is clean and accurate, AI tools rely on high-quality data for best results.
• Don’t skip on training! Invest in proper training so your team understands how to use new tools effectively.
• Don’t forget the importance of integration with tools your teams love and want to keep. Make sure the AI tool you choose seamlessly integrate with your existing systems to avoid workflow disruptions.
• Don’t overlook security. Protect sensitive project data by implementing robust security measures when using AI tools.

The Future of Project Management and AI

Will ai replace project managers.

Fear not, Project Managers! AI is not here to replace you. Rather, these tools of the future can free your teams to spend less time on manual tasks, and more time focusing on creative problem-solving, strategic planning, and achieving project goals.

For more project success using AI, ask questions like: What do I need more visibility into? What financial forecasting would be helpful? What past projects can serve as templates? AI-powered solutions are hungry for data and the more you feed them, the more they can help you be better Project Managers.

The Truth about Automating Work

While AI can automate time consuming work, it cannot replicate the human touch needed for strategic thinking, leadership, and team collaboration. Project Managers will still be essential for setting project vision, making complex decisions, and navigating interpersonal dynamics within teams. Instead of replacing Project Managers, tools like OnePlan empower them to focus on higher-level responsibilities, improving efficiency, and ultimately leading to greater creativity and time for strategic initiatives.

“AI offers an opportunity to free up Project Manager time and allow them to do what they do best—lead teams and get the very best out of people. This will no doubt deliver far better results, fewer errors, more motivation, and greater success,” says Peter Taylor, Vice President of Global Project Management at Ceridian and author of AI and the Project Manager: How the Rise of Artificial Intelligence Will Change Your World.

Can ChatGPT Help with Project Management?

Chat GPT has been around for over a year now. If you’re not benefiting from this resource, it’s time to start! AI Project Management tools like ChatGPT don’t have to be daunting. If you’re not sure where to start, take a look at these 15 prompts Forbes put together for Project Managers. Here are a few complex tasks that ChatGPT can help with:

1. Task Management and Scheduling

• Creating Task Lists: Generate detailed task lists based on project requirements.
• Automated Updates: Send reminders and updates to team members about upcoming deadlines or changes in the schedule.

2. Communication and Collaboration

• Drafting Emails: Write and edit emails to stakeholders, clients, or team members.
• Meeting Agendas and Minutes: Create agendas for meetings and summarize meeting minutes.
• Status Reports: Generate regular status reports summarizing progress, issues, and next steps.

3. Documentation and Reporting

• Documentation: Assist in drafting project documentation, including project plans, scope documents, and user manuals.
• Reporting: Compile data into comprehensive reports, such as progress reports, risk assessments, and project summaries.

4 . Resource Management

• Resource Allocation: Suggest optimal allocation of resources based on project needs and availability.
• Capacity Planning: Help in planning and managing resource capacity to avoid over or underutilization.

5. Risk Management

• Risk Identification: Help in identifying potential risks and suggesting mitigation strategies.
• Issue Tracking: Maintain a log of issues and provide status updates on resolutions.

6 . Decision Support

• Scenario Analysis: Assist in analyzing different project scenarios to help in decision-making.
• Cost Estimation: Provide estimates for project costs based on input parameters.

7. Training and Onboarding

• Training Material: Generate training materials for new team members.
• Onboarding Guides: Create comprehensive onboarding guides to help new hires get up to speed quickly.

8. Knowledge Management

• Knowledge Base: Assist in maintaining a knowledge base of project-related information.
• FAQs: Generate FAQs to address common queries from team members or stakeholders.

9. Integration with Tools

• Tool Integration: Integrate with Project Management tools like OnePlan, for for enhanced functionality.
• Data Analysis: Analyze data from integrated tools to provide insights and recommendations.

10. AI-Driven Insights

• Predictive Analytics: Use predictive analytics to forecast project outcomes based on historical data.
• Performance Tracking: Monitor team performance and provide insights for improvement.

Practical Examples

To better communicate with your team and stakeholders as a Project Manager, you can use ChatGPT to:

• Draft Weekly Updates summarizing summarizing project progress, key achievements, and upcoming milestones
• Create Meeting Agendas
• Generate Reports for stakeholders, highlighting key metrics and project status
• Analyze internal resource data to suggest optimal allocation and highlight potential over- or underutilization

By integrating ChatGPT with their existing workflows, Project Managers can save time, enhance accuracy, and focus more on strategic tasks. In fact, some systems may even have built-in AI-powered GPT assistants where you can ask ask for reports and insights from internal company data.

While other Project Management tools may automate complex tasks within teams, OnePlan goes the extra mile with visibility and insights into the entire enterprise, making it the ultimate AI-powered project software.

The Role of AI in the Future of Project Management

It’s like having the ultimate co-pilot by your side. The best part? This co-pilot tackles the tedious tasks and offers valuable guidance, making your team more focused and effective.

AI tools are revolutionizing Project Management by automating routine tasks, predicting potential problems, and improving team communication. By generating real-time updates, forecasting risks, and providing instant support, AI allows Project Managers to focus on strategic decisions and creative solutions. By reducing mistakes and boosting efficiency, these tools allow people to dedicate more time to the work that matters and let automation take on the busywork.

It might feel like AI burst onto the scene overnight, but it’s been two years since ChatGPT came out and even more since automation tools began to transform the potential for smarter work habits. Do more than just “keep up,” with this trend in the digital landscape of Project Management. Use it to your benefit and deliver your best work yet.

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Eppo lands new cash to grow its app, website and ai experimentation business.

The AI industry continues to release tons of new models, and companies looking to stay competitive are racing to adopt them for their purposes. In fact, nearly 10% of businesses plan to spend a whopping $25 million this year on AI initiatives , according to tech consulting firm Searce.

But while lots of money is being spent on AI, it's unclear the ROI is there. Half of all AI leaders aren't sure how to calculate or demonstrate the value of AI projects , according to Gartner.

Ex-Airbnb data scientist Chetan Sharma makes the case that figuring out AI ROI is no heavy lift with the right tooling. Sharma is the co-founder of Eppo , an experimentation platform that lets customers evaluate and customize AI models for specific use cases. Beyond its model evaluation suite, Eppo provides a general A/B testing platform and service for apps and websites.

"With new AI models launching weekly and companies pouring millions into them, A/B testing offers a cost-effective way to evaluate their effectiveness without overspending," Sharma told TechCrunch. "Eppo helps companies identify which models truly deliver value and enables smarter, more sustainable decisions in an environment of rapid innovation and escalating costs."

Eppo competes with a number of experimentation and A/B testing startups in the market, including Split , Statsig and Optimizely . Big tech giants like AWS, Microsoft Azure and Google Cloud also offer a growing number of model fine-tuning and evaluation tools.

But Sharma says that Eppo stands apart from the crowd thanks to features like its "contextual bandit" system, which automatically spots new variants of customers' websites, apps or AI models and actively explores the performance of those variants by serving increasing load or traffic to them.

"Experimentation drives velocity and accelerates growth by stripping away bureaucratic — and often incorrect — decisions by committee while tightly tethering initiatives to growth metrics, killing bad ideas fast while canonizing good ideas for reinvestment," Sharma said. "Eppo’s approach to live 'online-eval' tests of AI models answers whether premium models improve metrics."

Eppo, which launched out of stealth in 2022 , now has "several hundred" enterprise customers in its roster, including Twitch, SurveyMonkey, DraftKings, Coinbase, Descript and Perplexity, according to Sharma. Alexis Weill, Perplexity's head of data, told TechCrunch that Eppo has allowed Perplexity to "significantly scale" the number of experiments it runs concurrently.

Investors seem pleased. This week, Eppo closed a $28 million Series B round led by Innovation Endeavors with participation from Icon Ventures, Amplify Partners and Menlo Ventures. Sharma says that the new cash, which values Eppo at $138 million post-money and brings its total raised to $47.5 million, will be put toward bolstering Eppo's marketing and AI experimentation capabilities, enhancing its analytics offerings and scaling its go-to-market efforts.

San Francisco-based Eppo currently has 45 employees and expects to end the year with 65.

"The demands of efficient growth along with the rise of AI has combined to an adapt-or-die mentality that forces companies to become experimental," Sharma said. "And due to the gaps of legacy vendors, most of the experimentation market had chosen to staff large in-house teams and build over buy. With so much employee movement and layoffs, these in-house teams are no longer sustainable, leading to companies seeking out Eppo to replace expensive or orphaned in-house builds."

This article originally appeared on TechCrunch at https://techcrunch.com/2024/08/20/eppo-lands-new-cash-to-grow-its-app-website-and-ai-experimentation-business/