Creating a business plan can be a real pain. In fact, it can be incredibly stressful.
Thankfully, with the right tools and resources, this complex process can become well-organized and efficient.
In this guide, I reviewed and ranked the 13 best AI business plan generator tools of 2024 and picked my top 3 recommendations so that you can choose the best option for your specific needs.
If you have ever thought about upgrading your business plan creation, it is time to meet the future, the Artificial Intelligence (AI) Business Plan Generators.
Without further ado, let’s dive in and learn more about these outstanding tools.
Meet AI Business Plan Generators
In our technologically driven world, time is money, especially for businesses just starting out.
The ultimate goal of any business is to enhance efficiency and achieve desired results as soon as possible, wouldn’t you agree?
That’s where AI business plan generators come into play!
Imagine being able to design an in-depth, detailed business plan within minutes. Sounds too good to be true? Well, it’s not.
AI business plan generators use advanced algorithms and data analyses to create a comprehensive business plan for your project without having to sweat or spend hours on it. That’s right, no more tedious work is required.
Consider this: Every valuable second that can be saved in the business planning process – is time that could be spent on executing the plan itself.
Benefits of Using AI Business Plan Generators
Before we jump into our list and explore AI business plan generators, let’s take a brief detour and talk about the benefits of using these tools.
The main purpose of an AI business plan generator is to provide you with your own “dedicated business adviser” working around the clock with access to unlimited data and advanced analytics tools.
You might ask yourself, “Are these AI-powered tools really worth it”?
The answer, in most situations, will be a simple YES.
Let’s delve into their benefits for a clearer perspective:
- Efficiency — As we like to say, time is gold. AI business plan generators process information quickly and efficiently, allowing you to move on to executing your project faster. Stuck on financial projections? No worries. You don’t need to sweat over every little detail; the AI has it covered.
- Quick Analysis — These tools ensure that your business plans are uniform and maintain a consistent structure. This ensures that your business blueprint is not only professional but also easy to understand and follow.
- Flexibility — With AI business plan generators, you have the freedom to make adjustments anytime, anywhere. Whether you want to tweak a section or update your financial projections, it can be executed smoothly.
- Accuracy — Anyone who’s worked on a business plan admits that human error is always a part of the process. With AI tools, this chance is significantly minimized. They guarantee accuracy, which is critical in decision-making processes. Their data validation capabilities can automatically cross-check your input, ensuring every element of your plan is accurate.
- Guided Process — Many of these generators provide step-by-step guides for creating your business plan. This greatly simplifies the process and ensures you don’t miss anything crucial.
Found these benefits compelling? So do I!
Now, it’s time to get to know these tools a bit closer.
What are the Best AI Business Plan Generator Tools in 2024?
To make it easier for you, I’ve compiled a comprehensive list of the top AI business plan generators, providing key information to make your decision easier.
If you have been looking for reliable AI business plan generator software – your search may end here. No kidding!
Say ‘Hello’ to the LivePlan!
This tool is easy to use and offers detailed financial forecasts and a step-by-step instruction approach. It has everything you need to create a professional business plan with minimal effort.
Key Features of LivePlan
LivePlan has an extensive set of features, available to fully cover all your needs.
It’s worth dividing the most important of them into 3 categories:
- Business Plan Builder – Write your plan faster with a fully guided business plan builder.
- Expert Guidance & Instructions – Plan with confidence and guidance at every step.
- AI-Powered LivePlan Assistant – Enhance your strategy with AI-generated suggestions.
- Automatic Financials – No need to use a spreadsheet to crunch numbers.
- Sales Forecasting – Make important sales and revenue forecasts.
- 550+ Samples & Examples – Find inspiration from real business plans.
- Growth Planning – Focus, adjust, and generate revenue with a growth planning mindset.
- Financial Forecasts & Scenarios – Look at how today’s decisions will affect the future.
- Budgeting & Financial Performance – Get a complete picture of your business finances.
- Cash Flow Forecasting – Manage cash flow without complicated spreadsheets.
- QuickBooks & Xero Integration – Find ways to grow your QuickBooks and Xero data.
- Work with Partners – Work with your team, partners, or advisers to achieve the goals.
- Access Anywhere – Cloud-based planning allows for access from anywhere, anytime.
- Multilingual Plans – Create and send your plan in different languages.
- Multiple Export Options – Easily export your data to QuickBooks, Xero, PowerPoint, and Excel.
- Share Securely – Confidentiality is assured.
My personal advice is to start with their Premium plan for the first month only.
The Premium plan includes financial tools and metrics, which are important for a successful business plan.
If you’re unhappy with your first-month offer, you can always change or downgrade the subscription plan OR switch to annual if needed.
LivePlan is a great choice for both beginners and experienced business planners because of the excellent balance between comprehensiveness and usability.
So whether you’re an aspiring entrepreneur writing your first business plan or an established business owner looking to improve your planning process, LivePlan could be the perfect tool.
When we talk about AI business plan generators, Upmetrics is one standout name that always comes up. But what makes this tool so unique?
Let’s find out!
Upmetrics stands out for its specific focus on developing business plans that help elevate businesses. It’s an intuitive, user-friendly AI tool that transcends traditional business planning by incorporating real-time metrics and advanced financial predictions. This tool is easy to use and easy to understand.
It also features unique add-ons like ‘Pitch Deck’ creation, ensuring you are prepared to impress potential investors.
As we touched on the “Features” topic, let’s find out what else Upmetrics can offer to its users:
Key Features of Upmetrics
- Business Pitch Templates — The straightforward business pitch templates from Upmetrics include all the essential slides to provide a brief and bird-eye overview of your business.
- Pitch Presentation — Impress your audience by presenting your business pitch online to anyone, anywhere and anytime, without any hassle.
- Export Pitch Deck — You can download your business pitch deck in PDF, Doc, and JPEG formats and share it with your audience offline.
- Share With Investors — Share your business pitch with your financiers, financial institutions, potential partners, or other people to give them a quick overview of what you’re working on.
- Automatic financial forecasts — Keep an eye on the future with AI-based financial predictions of your business potential.
- Business Model Canvas — This AI tool visualizes your business ideas, helping you design and refine your business model.
Upmetrics pricing model is similar to LivePlan but has significantly lower prices.
The Starter plan lacks useful features like “AI Assistant”, “Analytics” and “Strategic Planning”, so please consider wisely before signing up.
The Premium plan has all the features you need for creating a winning business plan without any hassles.
My personal recommendation is to go with their Premium plan on a monthly basis. This allows you to choose whether to switch to an annual subscription or keep going monthly.
In conclusion, Upmetrics is a versatile platform providing valuable AI-aided insights for your business planning. Its strength lies in the ease of use, real-time collaboration features, and extensive industry examples.
However, if offline work is a priority for you, its lack of an offline mode could be a downside to consider.
IdeaBuddy is more than just an AI business plan generator; it is a true partner in your entrepreneurial journey.
What sets this tool apart? Could it be the comprehensive business planning framework, the sleek and intuitive user interface, or perhaps you would prefer insightful guidance at every step of the way?
Well, it has it all and even more!
Key Features of IdeaBuddy
- Idea Plan — You can design a business model on a single page
- Whiteboard — Work with your team to come up with new business ideas.
- Business Guide — A step-by-step process to develop your business idea.
- Financial Plan — Make financial predictions easily.
- Idea Validation — Try taking a test to see how well you understand your idea.
- Business Plan — Get a modern business plan with one click.
So, how much does all this value cost?
IdeaBuddy operates on a subscription-based pricing model:
IdeaBuddy offers a Free Plan for users who want to try this software first without investing any money. Even though it lacks Premium plan features – it is still enough to start the process of Business plan generation with no cost.
As you see, IdeaBuddy offers a significant discount to users who select an annual subscription. You can save up to 60% with their yearly plans.
If you take it seriously, please consider their “Founder” annual plan, which provides the most value for only $120/year.
Among our top picks, IdeaBuddy shines for its specific focus on guiding entrepreneurs right from idea generation to the final business plan.
It’s more than a simple AI tool; it’s an entrepreneurial companion that’s affordable and functional.
As we travel through the world of AI business plan generators, we will soon come across Enloop. You might think, “Just another AI generator?”
Not really, as Enloop spices things up!
Besides being a cool name, Enloop offers some really cool features.
It’s designed to generate an easy, comprehensive business plan for startups and established companies.
But what really puts the cherry on top?
Key Features of Enloop
- Automated Writing — With Enloop, you can get your hands on robust, automated writing software, which simplifies the process by generating basic sections of your business plan. Say goodbye to blank pages!
- Text Sync — Enloop offers a ‘text-sync’ feature that enables automated real-time insights. As you update your financial information, all related texts get updated automatically: Hassle-free and efficient? Check!
- Financial Forecasts — No more groping in the dark. Enloop’s system allows you to create accurate financial reports and forecasts. Who doesn’t like a little heads-up?
- Real-time Performance Score — Your business plan gets stronger as your score goes up. Watch your score change, and you’ll feel motivated.
Now that we have learned about Enloop features, it is time to check the pricing:
Enloop pricing policy perfectly exemplifies the “try before you buy” approach.
I recommend their 7-day free trial because it comes with all the features other plans have without paying anything extra.
Overall, Enloop changes the way business plans are made with its innovative features. But like any tool, it’s all about whether it fits your specific needs, budget, and expectations.
So, is Enloop your ticket to AI-generated business plan paradise? Your call!
With a wide range of tools designed to support the needs of small businesses, GoSmallBiz offers a comprehensive platform that includes an interactive business plan creator.
Right off the bat, it showcases its user-friendly interface and seamless navigation process, making the journey of business planning smooth and efficient.
But what sets it apart, you may ask? Let’s delve into the feature details.
Key Features of GoSmallBiz
- Customizable templates — Have a hard time starting from scratch? GoSmallBiz provides a variety of prefilled business plan templates that are fully customizable to fit your business needs.
- Financial Projection tools — This allows users to create sophisticated financial projections and reports without requiring accounting expertise – a standout feature that truly empowers entrepreneurs.
- Milestone tracking — Wondering whether your plan is on track or needs adjustments? This tool will keep you updated.
- Support — GoSmallBiz provides customer support through email, telephone, or live chat, which suits customers who want to resolve issues quickly.
Those are just the tip of the iceberg, as this tool is equipped with a set of comprehensive features. Make sure to check all of them on their official page.
The pricing structure is where GoSmallBiz becomes a bit tricky.
This platform has different Membership types and levels based on your specific needs and requirements. Those include:
- “Guide” Membership — $49/month
- “Grow” Membership — $39/month
- “ComplyBright” Membership — $49/month
- “Go” Membership — $199/month
Each of those plans offers its own set of unique features.
I recommend checking them all to find out which one is the best for you.
GoSmallBiz shines brightly on certain criteria, including customer support, comprehensive features, and simplicity. However, some users find its plans and pricing systems somewhat complicated.
Is GoSmallBiz the ideal AI Business Plan Generator for you?
Well, that’s something you and only you can determine based on your business needs, preferences, and budget.
But one thing is certain: GoSmallBiz is an incredibly powerful tool that empowers businesses in their planning phase.
What do you think? Is it for you? I’d love to hear your thoughts in the comments!
Knocking on the business world’s door with more than just a standard presentation, Bizplan makes a grand entry.
Imagine a tool that not only helps you construct a business plan with the help of AI but also can guide you through the process step-by-step.
Say “Hello” to Bizplan!
Let’s see how this tool can make things easier for you:
Key Features of Bizplan
- Step-by-step builder — Say goodbye to staring at a blank page, thanks to Bizplan’s step-by-step wizard. It helps you organize your thoughts and ideas into a clear, well-structured plan.
- Financial Tools — Financial calculations can be mind-boggling, right? Bizplan lends you its easy-to-use tools to crunch those numbers and generate financial reports, balance sheets, and revenue projections.
- Progress Tracking — Apart from generating plans, it is equally important to track your business progress. Bizplan’s progress tracker helps you set business objectives and track their progress periodically.
- Collaboration Feature — No more wasting time on different platforms. Share your plan with team members and stakeholders on Bizplan.
Speaking of pricing, are you wondering what Bizplan will cost you?
The pricing structure of Bizplan makes decisions super simple.
I’d personally go with their Monthly plan for $29/mo and then consider Lifetime access if I’m serious about using their platform.
So, there you have it! That’s Bizplan’s gist.
While it has pros and cons, like any product, it’s certainly a tool that can ease your business planning journey.
Nobody likes a complicated process when there’s an easy one at hand, right?
Well, Cuttles is here to simplify your business plan journey with its intuitive, user-friendly interface.
But what makes Cuttles stand out among its peers? Let’s dive in.
Key Features of Cuttles
- Business Templates — With different in-built templates, drafting a business plan becomes as easy as picking and choosing what suits you best.
- Financial Forecasting — Its dynamic financial forecasting tool uses AI to help you predict financial trends and potential obstacles in your business journey. Wouldn’t you want to know if you’re heading towards a financial landmine so that you can avoid it?
- Team Collaboration — Another impressive feature is its ‘Collaborate’ functionality; it allows multiple team members from different locations to work on a single plan.
Now, isn’t that perfect for businesses navigating the remote work era?
However, every rose has its thorns. While Cuttles provides many features, it may be overwhelming for some users, especially beginners.
The platform also does not offer industry-specific templates, which may challenge those who prefer a more tailored planning experience.
Cuttles has an excellent and straightforward pricing structure. You can’t go wrong if you pick the Seed plan, as it offers all the major features and a 7-day free trial.
Their annual plans are great for serious users, offering up to 50% discounts.
In addition to that, you can cancel your subscription anytime or get refunded up to 7 days after your first charge.
So, is Cuttles a good pick for your business planning journey?
If you’re someone who appreciates an interactive, detailed approach, then the answer is quite possibly a ‘YES‘.
Imagine you’re sailing on the rough seas of business planning, wouldn’t you appreciate a guru to guide you?
That’s exactly what PlanGuru is — a mentor, guiding you step-by-step to organize your business concepts, financial projections, and everything in between.
But what sets PlanGuru apart is the comprehensive features it offers:
Key Features of PlanGuru
- Advanced Forecasting — More than 20 forecasting methods that integrate seamlessly with financial statements, ending the headache of disjointed data.
- Budgeting and Planning — Simplifies the process of budgeting and financial planning, removing the traditional complexity associated with these tasks.
- Financial Analysis — Offers more than 20 powerful diagnostic tools that provide insights into the financial health of your business.
- Business Valuation Tools — Handing you the tools to measure and increase the value of your business is a game-changer, right?
- Cloud-Based — An all-access pass to your business plan whenever and wherever you need it.
The Single Entity monthly plan is perfect for small businesses or those who are just starting out.
For serious players, it is worth considering the “Multi-Department Consolidations” plan combined with the Annual subscription.
Some users report that the tool requires an adjustment period to understand how to navigate and make full use of its features. On the bright side, PlanGuru offers extensive support materials and one-on-one advisors for those tricky, head-scratching moments.
Considering its extensive features and support, it may be a wise investment for businesses looking for a comprehensive business planning and analytics solution.
It’s like having a finance team in your pocket—ready to spring to action at a moment’s notice.
Ever heard of WiseBusinessPlans? It’s a well-known AI business plan generator, designed to support various businesses regardless of size or stage.
This tool helps create a business plan and also aids with making decisions by analyzing data intelligently.
Key Features of WiseBusinessPlans
- Automated financial forecasts let you map your financial trajectory based on your unique business model.
- An intuitive business plan builder with real-time progress tracking.
- Critical insights on market trends and competitor analysis.
- Fully customizable templates to suit your specific business needs
WiseBusinessPlans has a quote-based customer-specific pricing. Meaning that they’ll offer the price after you contact them and describe your specific needs.
It also means you are not paying for services you do not need.
If you are considering working with WiseBusinessPlans, I recommend contacting them for a free consultation.
They can quote you for their services based on your needs.
So you may be wondering, should you go for WiseBusinessPlans?
Well, if you’re looking for a platform offering an automated yet personalized approach with reliable support, WiseBusinessPlans could be a wise choice indeed.
Are you looking for a tool to help you prepare your business plans faster?
Look no further than PlanBuildr.
It’s a high-speed solution that whips up professionally written, pitch-ready business plans in no time.
The AI capability of this platform is robust, assisting users in creating business plans that are comprehensive and attractive to investors.
Key Features of PlanBuildr
- Efficient and quick — PlanBuildr’s AI quickly processes information, constructs a tailored strategy, and provides you with a professional business plan within minutes.
- Quality content — Don’t worry if you’re a novice in business writing. The tool ensures that you don’t sacrifice quality for speed. It generates polished, compelling content that impresses investors.
- User-friendly interface — The platform is easy to navigate, even for non-technical users. The business plan creation process is smooth, involving minimal steps and a simple, intuitive design.
PlanBuildr does not have fixed pricing plans. Instead, it has a Free trial and a quote-based customer-specific pricing.
I would recommend using a Free trial of their software and then contacting them for a direct quote based on your needs.
So, is PlanBuildr for you? If you want a comprehensive, professional business plan in a matter of minutes, it just might be. The platform is fast and easy to use and makes it easy to create professional business plans.
With its user-friendly interface and powerful visual content creation capability, Visme has become a highly impactful AI-powered business plan generator. Equipped with a wide range of tools for creating dynamic business plans, it also offers pre-designed templates that streamline the process of building a plan.
What makes it stand out? Let’s find out.
Key features of Visme:
- Ready-to-go business plans in seconds — Visme’s AI business plan maker takes a detailed text prompt and quickly turns it into a customizable business plan draft.
- Personalize your business plan easily — With Visme, you can adjust every aspect of your business plan. It’s user-friendly and also allows for the creation of original visuals with its other AI tools.
- Integration with Third-party Platforms — Another helpful feature is its seamless integration with third-party platforms such as Google, Dropbox, and others. You can easily import data and statistics directly into your business plan, enhancing time efficiency and data accuracy.
Visme offers a free version with limited features, which can be a good starting point for novices. For more detailed features and functionalities, it has premium plans starting at $29 per month. Freemium users can upgrade anytime, and Visme often provides promotional offers and discounts that you can check out on their official website.
In addition to that, their annual plan prices are up to 42% cheaper compared to the monthly subscription.
Overall, they offer excellent options, so making the best choice would be easy.
Visme’s easy-to-use interface, dynamic AI capabilities, and excellent data visualization tools make it a must-have for those looking to create visually appealing business plans. However, businesses requiring deep financial analysis might find Visme’s financial capabilities a bit limited.
In sum, Visme is an excellent AI business plan generator for those seeking to create aesthetically pleasing and easy-to-understand business plans.
Coming in at number twelve is The Business Plan Shop, a tool that covers the complex process of generating business plans with AI capabilities.
It is popular among beginners and professionals, proving its features regardless of its user’s experience in business planning.
And why so, you may ask? Let’s take a look at its features and find out.
Key Features of The Business Plan Shop
- Business Plan Templates — Getting started is a breeze with The Business Plan Shop’s array of templates. You won’t have to start from scratch!
- Step-by-Step Guidance — This platform offers thorough step-by-step instructions guiding you through the entire process, ensuring you never lose your way.
- Financial Forecasts — With an advanced financial forecasting tool built in, your numbers game is sure to be on point with the Business Plan Shop.
- Sharing and Collaboration — Want to bring a fresh set of eyes onto your plan? Share and collaborate effortlessly with team members or stakeholders.
|Business & CFO
The Business Plan Shop offers a 7-day trial period, which I strongly recommend taking advantage of.
They have only two plans, but each of them is specific to your current role.
You can learn more about them here.
To put it simply, if you want a tool that helps you make a business plan using AI technology, then Business Plan Shop might be the right choice for you.
As we move closer to the finale of our list, it’s time to review Bizway.
The clean interface guides users through the detailed step-by-step business plan creation.
But how exactly does this benefit you?
Key features of Bizway
- The first significant benefit is efficiency. Save time and effort as you can easily navigate through the tool, input your data, and let the tool do the rest.
- Secondly, it has a straightforward interface. With Bizway, you can make more than just business plans. You’ll always make business plans that are high-quality, detailed, and foolproof.
- What’s more? Bizway doesn’t stop at just generating business plans. The tool provides resources and templates to help you with financial planning, market analysis, and more.
It’s like having a virtual business advisor right at your fingertips!
Bizway does not offer an annual subscription, which is not great for someone who takes it seriously and decides to stay with this platform for a long time. I believe they will change it at some point, but for now, we have what we have.
Based on their current pricing, I advise going with the Starter plan, as it comes with all the features needed for a successful business plan creation.
While Bizway has much going for it, it may not be the perfect choice for everyone. For instance, some users might find the tool a bit simplistic, especially if they’re looking for more advanced planning features.
So, is Bizway the right choice for you? Only you can answer that.
You never know until you try.
How to choose the Right AI Business Plan Generator?
You’ve made it to the end point of our in-depth look at the best AI business plan generators of 2024.
With so much information in your hands, you might be thinking:
“How can I find what’s best for me?”
Let’s take a deep breath and start making those important decisions.
What should you look for in a business plan generator? There’s no one-size-fits-all answer to that question, but generally, you’ll want to consider a few key things:
- An intuitive interface that meets your aesthetic preferences and is easy to navigate.
- A variety of templates that match your unique business needs.
- Real-time collaboration features, particularly if you have a team.
- Budget-friendliness which falls within your business operation’s financial parameters.
- Exceptional customer support to help with any questions or issues along the way.
When considering different AI business plan generators, you should take your time. This is, after all, the direction your business will take in the future, and it’s being worked out here.
Remember, if it’s worth doing, it’s worth doing right.
As our journey comes to an end, isn’t it exciting to see the potential AI business plan generators hold for new startups and well-established enterprises? With AI taking over, creating a business plan has never been easier, more reliable, and quicker.
As we’ve seen from our review of the best AI business plan generators of 2024, each platform brings its unique features to the table, contributing to a wide range of AI-powered solutions.
But why stop here?
These AI-driven tools are only the start. Picture the future — human resources, finance, operations, and more — all powered by AI. With careful implementation, the possibilities are, quite literally, endless.
To wrap it up and make a well-informed decision, let’s highlight crucial points:
- Identify Your Requirements — What do you really need from a business plan generator?
- Consider Your Budget — What is you(r) company willing and able to spend?
- Evaluate Features — Do they align with your requirements and bring value to your business?
Investing in AI technology not only allows for efficient business planning but also opens up numerous other opportunities.
Rome wasn’t built in a day; neither is a successful business. However, with AI business plan generators, the process becomes less challenging and more accurate.
If you already have your favorite tool, I’d love to read about your experience in the comments below 👇.