The Best AI Business Plan Generators

Key takeaways

• Copy.ai. Recommended for helping to create complete, professional business plans with ready-made templates and customizable tone.
• Upmetrics. Ideal for streamlining the creation of investor-ready plans with detailed financial projections and market analysis tools.
• ChatGPT. The best option for generating fully customized business plans and refining content through interactive prompts.
• Notion AI. Great for collaborative teams who want to co-write, organize, and update business plans in one shared workspace.
• Bit.ai. Recommended for teams that want a template-rich workspace to create structured business plans and collaborate in real time.
• Simplified. Ideal for small businesses that need fast, AI-generated business plans produced through guided inputs and ready-made templates.
• Wordkraft. A solid option for entrepreneurs who want a simple tool to generate business-plan content alongside blogs, posts, and marketing copy.
• Beautiful.ai. Great for helping to create visually polished, presentation-ready business plans to pitch investors or stakeholders.
• 15minuteplan.ai. Recommended for founders who need a complete, ready-to-download business plan generated quickly.
• ProAI.co. Ideal for businesses that want highly tailored, data-driven business plans with advanced market analysis and financial modeling.

Writing a business plan can feel overwhelming, especially for busy entrepreneurs, startups, and small business owners. But with today's AI-powered tools, you can draft a professional business plan quickly and nearly stress free.

Instead of starting from a blank page, AI business plan generators help you structure ideas, build financial projections, summarize market research, and polish your messaging. The result is a streamlined planning process that frees up time to focus on what matters most: growing your business.

Read on to discover the advantages of AI in business planning and the top AI-powered tools you can adopt in your workflow.

Why use AI to write a business plan

AI can't replace your vision or strategy, but it can dramatically improve the planning process. Business owners turn to AI-powered planning tools due to reasons like:

• Time-saving productivity boost. AI reduces hours of manual writing and research into minutes, allowing you to move from idea to plan much faster.
• Access to templates and data. Many AI business plan generators include prebuilt templates, industry-specific benchmarks, and guided prompts that make planning less intimidating.
• Real-time adaptability. Whether you're a solo entrepreneur or running a growing startup, AI tools can tailor plans for different business types, sizes, and goals.

Thought leadership tip: Use AI as a co-pilot, not a replacement. Automation can handle structure, formatting, and research, but strategy, storytelling, and big decisions still depend on you.

How AI helps in the business planning process

AI can play a role in every stage of the planning process, from brainstorming to creating investor-ready materials. 

• Brainstorming and business ideas. AI tools can help entrepreneurs move past the blank-page syndrome by generating new business ideas, outlining opportunities, and highlighting trends. By feeding in keywords or goals, you'll get structured suggestions that can spark creativity.
• Market research and target market insights. Some AI platforms analyze available data to surface information about your target market, industry trends, and competitor positioning. This process helps you validate your business idea with insights that might otherwise take days of research.
• Drafting core sections (executive summary, company description, financial plan). AI writing assistants can draft essential sections of your business plan, including the executive summary, company overview, and financial plan. These drafts won't be final, but they can give you a strong foundation to edit and refine.
• Creating financial projections and forecasts. Certain AI-powered tools can help generate revenue projections, cash flow estimates, and break-even analyses based on your inputs. While you'll still need to review your assumptions and the AI output carefully, AI can save time creating detailed financial models.
• Designing a professional pitch deck or roadmap. Beyond the written plan, some platforms help translate your business plan into a pitch deck or visual roadmap. This makes it easier to communicate your strategy to investors, lenders, or stakeholders in a professional format.

The best AI business plan generators

There are many AI tools that can help you write business plans. But it can be tough to know which ones actually deliver. To save you time, we've compared the leading platforms to find the top 10 AI business plan generators that combine accuracy, ease of use, and professional results. Read on to discover top AI-powered business plan generators that you can use.

1. Copy.ai

Copy.ai generates content for a wide range of downstream uses, including blog posts, email marketing, and social media posts. It features a variety of templates that can give you a head start and a business plan example to get you on the right track. Copy.ai can help you perform market research, generate executive summaries, and provide tips to optimize your pricing strategies.

Copy.ai's models are trained on vast amounts of data, which can provide you with valuable insights to accelerate the business plan development process. To start, make sure to define your target audience, potential competitors, the types of products you'll offer, and expected revenues and expenses so that you can generate relevant plans.

Pros:

• Allows real-time editing for collaboration
• Adds desired voice and tone to create tailored outputs
• The free forever plan allows you to test core features before committing
• Provides templates appropriate to your business idea
• Generates detailed business plans in a variety of languages

Cons:

• Requires subscription to higher-tier plans for features like unlimited brand voice and projects
• Possibility for generic information, especially when prompts lack detail

Pricing: Chat plan for $24 per month, Agents plan for $211 per month, and the Enterprise plan for a custom quote (all with annual billing).

‍2. Upmetrics

‍

Upmetrics is a business planning tool that can help you forecast and strategize. Its primary purpose is to enhance entrepreneurs' decision-making capabilities through features such as financial projections, market analysis, and business model crafting.

The Upmetrics solutions also provide a business plan generator that asks a few tailored questions and provides step-by-step guidance. The integrated AI assistant offers tips and valuable insights as you work.

‍Pros:

• Over 400 sample business plans to help you draft better content
• Financial projections based on your inputs
• Change the tone and style of your business plan to suit your needs
• Access to step-by-step guides to help you write comprehensive plans

Cons:

• Advanced features like strategic planning and converting generated content to docs are only accessible in the premium plan
• Possibility for inaccurate or overly generic information

Pricing: Premium plan for $14 per month. Professional plan for $37 per month (all with annual billing).

3. ChatGPT

Powered by OpenAI's GPT models, ChatGPT is an AI chatbot with many uses, such as answering questions, translating languages, and creating images from text-based prompts.

With the right prompts, ChatGPT can help you develop a detailed and personalized business plan for any idea. If you provide the data, ChatGPT can help with financial forecasts to create forward-thinking business plans. It can also help with market analysis on a limited scope.

‍Pros:

• The free version of ChatGPT is equipped with numerous features and can help create comprehensive business plans
• Can modify prompts to get more refined responses
• User-friendly interface
• It helps with generating content in a personalized voice and tone

Cons:

• Possibility of inaccurate and biased information
• Limited functionality with domain-specific topics

Pricing: Free plan. Plus plan for $20 per month (no annual billing). Pro plan for $200 per month (no annual billing). Business plan for $25 per user per month (with annual billing). Enterprise pricing available.

‍4. Notion AI

Notion AI offers AI functionalities for a range of uses, from AI-powered writing features to summarizing market research and other crucial documents. It can help fix spelling and grammar mistakes, and also generate plan outlines and templates for creating comprehensive business plans.

Plus, you can specify the voice and tone Notion AI should use when generating content. Notion AI also supports real-time collaboration, allowing different team members to work together to develop detailed plans.

‍Pros:

• Comprehensive features in one package can be a better value for your money
• Free plan
• Supports a collaborative workspace
• Assists in finding ideas for a new startup and generating business plan content

Cons:

• Notion AI is not tailored for business plan creation, meaning it requires more detailed and specific prompts to get the job done
• Possibility of paying for features you don't need
• Pay more to store files for more than 90 days
• Outputs can sometimes be biased or inaccurate

Pricing: Free with a limited tier. Plus plan for $10 per seat per month. Business plan for $20 per month. Enterprise plan for a custom quote (all with annual billing).

5. ‍Bit.ai

Bit.ai offers a template-based approach for creating business plans. Templates include executive summaries, business proposals, competitor research, pitch decks, and SWOT analyses.

The various AI models powering Bit.ai allow it to perform tasks like creating content, drafting charts, and helping teams coordinate. Bit.ai also supports collaboration through features like version control, document sharing, and tracking.

‍Pros:

• More than 100 templates for content creation
• Built-in collaboration tools streamline how you work with colleagues
• Download documents in multiple formats, including PDFs and Word documents
• Track how potential investors and partners interact with the business plan

Cons:

• Getting used to Bit.ai's workspace may take time, especially for beginners
• Upgrade to higher-tier plans to access more advanced features
• Limited design options

Pricing: Free plan with limited access. The Pro plan is $8 per member each month. The Business plan is $15 per member each month (all with annual billing).

6. Simplified

Simplified is an AI business plan generator tailored to small businesses. Users enter specific business information, including objectives, product offerings, target marketing, and financial details, and Simplified generates a personalized plan.

As well as premade templates, Simplified's AI-powered writing tool enables you to create new content from scratch. Its advanced algorithms and natural language processing (NLP) technology help ensure you get outputs that match your needs.

‍Pros:

• Access to over 90 free AI templates
• Intuitive and user-friendly interface
• Export generated business plans in multiple formats, including PDF and Word documents

Cons:

• Generated AI business plan templates may be too general
• Setup of the Simplified workspace can be complicated

Pricing: Free plan with limited access. Simplified Pro plan for $19 per month, Business plan for $49 per month, or Growth plan for $149 per month (all billed annually). Enterprise plan available.

7. ‍Wordkraft

Wordkraft is a content generation web application suitable for a wide number of uses, including creating blog posts, drafting articles, generating responses to customer reviews, and structuring social media posts.

Wordkraft features business plans among its templates. They help you set the desired language, tone, and type of creativity the AI should use when drafting content.

‍Pros:

• Intuitive dashboard with easily accessible features
• Free plan with access to 245+ AI content-creation tools
• Access to rated business plan templates to help you find the best to use

‍Con: Possibility for unfounded and overly generic content

Pricing: Free plan with basic features. Starter plan for $15 per month. Pro plan for $29 per month (no annual billing).

8. ‍Beautiful.ai

Beautiful.ai is a versatile tool for creating visually appealing presentations, including business plans. You can use Beautiful.ai's presentations to showcase your financial plans, market analysis, and marketing strategies to investors and other stakeholders.

This platform can also recommend color, font, text, and other visual details to improve your presentations.

Pros:

• Improve your creativity by applying AI-generated styles to your presentation
• Access numerous templates to create presentations
• Easy to use, even for beginners

Cons:

• No free plan
• More customizable features are supported only in higher-tier plans

Pricing: The Pro plan is $12 per month. The Team plan is $40 per user per month (both billed annually). Enterprise plans are available.

9. ‍15minuteplan.ai

15minuteplan.ai is designed to generate comprehensive business plans quickly. As the name suggests, it aims to create a professional business plan in just 15 minutes, making it an excellent option for entrepreneurs who need to develop a plan fast.

This tool uses advanced AI algorithms to analyze your inputs and generate a customized business plan tailored to your specific needs. It guides users through a series of questions about their business idea, target market, competition, and financial projections.

‍Pros:

• Fast, generating a complete draft of a business plan in about 15 minutes
• User-friendly interface with guided questions
• Provides a downloadable, editable business plan document
• Offers additional resources and tips for refining your plan

Cons:

• May lack the depth of more time-intensive planning methods
• Limited customization options compared to some other tools
• It might not be suitable for highly complex or unique business models

Pricing: The Starter Package costs $69, and the Professional Package costs $99.

10. ‍ProAI.co

ProAI.co offers a business plan generator powered by NLP to analyze your business goals and generate relevant content. It can help with many aspects of business planning, including market analysis, financial projections, and marketing strategies.

‍Pros:

• Customizable outputs based on specific business needs
• Ability to integrate with other business tools and data sources
• Regular updates to improve AI capabilities and accuracy

Cons:

• No free plan
• Only offers annual billing, which can be expensive for new entrepreneurs
• It might produce more generic content without very specific inputs

Pricing: Entrepreneur Kit plan for $114 per year. Investor Magnet plan for $162 per year. Market Insight Essentials plan for $409 per year (no monthly billing).

Key elements of a comprehensive business plan

Beyond highlighting your idea, a comprehensive business plan should lay out steps and strategies to actualize it. With AI writing, you'll want to review the output, especially with any free AI business plan generator, and make sure it's accurate. Critical components of a good business plan include:

• Executive summary. This statement provides a brief overview of your plan, including your company name, type of business, target market description, product information, pricing and marketing strategies, and financial projections.
• Value proposition. This element explains the unique benefit your product or service offers and why customers should choose you over competitors. It should clearly define the problem you're solving and how your solution delivers distinct value.
• Market research and analysis. This section contains a detailed analysis of the target market and competitive landscape. It helps you assess the viability of your business idea.
• Financial projections and forecasts. This component highlights the sales figures and profit the business is likely to make in a specific period. It also contains a projected balance sheet, income, and cash flow statements.
• Pricing and profitability strategies. This section describes in-depth how you'll price your products or services to attract customers and make a profit.
• Marketing strategies and roadmap. This component outlines your marketing plan, strategies, and channels you'll use to promote a product to the target audience. It may also feature a marketing budget and operational plan with key dates to help you effectively run the campaign without going over budget or missing critical milestones.
• Company description and mission statement. The company description outlines your business name, the products you're dealing with, the management team, and the organizational structure. A mission statement, on the other hand, spells out the company's purpose and values.

Tips for entrepreneurs using AI business plan tools

AI business plan generators are powerful, but the best results come from combining automation with your expertise. Here's how to get the most value:

• Write detailed prompts. Instead of "Write a business plan for a coffee shop," try "Write a business plan for a small specialty coffee shop in New York, targeting young professionals, with premium pricing and a focus on sustainable sourcing."
• Use AI-generated drafts as a starting point. Treat AI-generated content as first drafts you'll refine, not finished products.
• Combine multiple tools. For example, use ChatGPT to draft text, Beautiful.ai for a pitch deck, and Upmetrics for financial projections.
• Watch for inaccuracies. Double-check numbers, forecasts, and market claims. AI outputs can be biased, fabricated, or outdated.
• Know when to call in professionals. If you're pitching investors or applying to secure funding, consider hiring a business plan writer to review and strengthen your draft.

Take the next step with your business‍

A solid business plan puts you closer to achieving your business goals. It lays out the business strategies and channels you'll use to achieve success. And AI business plan generators can ease the planning process for entrepreneurs and small business owners. These tools can generate content for different business plan components, which you can edit to align with your specific needs. 

AI-powered business plan generators can sometimes make mistakes and provide biased and inaccurate information. Consider working with AI professionals and business plan writers to help you harness the power of these tools effectively in your workflow.

FAQs

People often wonder how much AI can actually help with the planning process. Here are answers to the most common questions.

Can AI really write a complete business plan?

AI can generate a structured draft of a business plan, including an executive summary, financial projections, and marketing strategies. However, you'll still need to refine it with your specific business information and ensure accuracy. Think of AI as a co-author rather than a replacement.

How much does an AI business plan generator cost?

Pricing varies widely. Free AI business plan tools exist, but most professional platforms cost between $10 and $50 per month. Higher-tier plans with advanced features, like in-depth financial forecasting or pitch deck creation, may cost more.

Are free AI business plan tools good enough for startups?

Free AI tools can be useful for brainstorming and creating a basic structure. However, they may lack depth, customization, or advanced features. Startups seeking funding often benefit from paid, professional-grade AI business planning tools.

How do I make financial projections with AI?

Many AI business plan generators (like Upmetrics or ProAI) include financial forecasting features. You'll need to input your assumptions (e.g., sales volume, pricing, expenses). AI then creates cash flow statements, income statements, and balance sheets that you can refine.

Will investors accept an AI-generated business plan?

Investors care more about the quality and logic of your plan than how it was created. AI can help you get started, but investors will expect thoughtful strategy, realistic projections, and a clear understanding of your market, all of which require your input.

What's the best AI business plan generator for small business owners?

The best tool depends on your needs. Simplified is great for small businesses that want quick, user-friendly outputs. Upmetrics is strong for financial projections. Beautiful.ai works well for creating pitch decks. Many entrepreneurs use a combination of tools to cover all the bases.

‍

Upwork is not affiliated with and does not sponsor or endorse any of the tools or services discussed in this article. These tools and services are provided only as potential options, and each reader and company should take the time needed to adequately analyze and determine the tools or services that would best fit their specific needs and situation.

Prices are current at the time of writing and may change over time based on each service's offerings.