The Top 13 AI Business Plan Generators: A 2024 Guide

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

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

Don’t worry; we’ve got you covered. Here’s a list of the 13 best AI-based business plan generators to help you get started.

Sounds interesting? Let’s dive right in.

Let’s take a closer look at these 13 AI-based business plan generators.

13 Best AI-based Business Plan Generators

1. Upmetrics

Upmetrics’ AI business plan generator is the most efficient and reliable business planning solution available.

The primary issue with most plan generators (not Upmetrics) is that they’re new, focus only on writing, and lack the depth and understanding required as a business planning tool.

Upmetrics has been one of the leading planning tools for a few years now. It has a much better understanding of planning, and promptly implemented AI integrations make the tool the best solution out there.

Upmetrics’ AI plan generator allows you to create a detailed business plan in under 10 minutes. You answer a few relevant questions about your business and it’s ready. (just like that!)

AI writing assistant further helps you to auto-write, refine, or translate sections of your plan. You may also use it to shorten, expand, or change the tone of your text.

The part where Upmetrics stands out from other planning tools is its financial forecasting capabilities.

While AI forecasting suggestions help reduce the guesswork, easy-to-navigate functionality and the ability to integrate accounting software ensure accurate financial projections.

Besides, the AI co-pilot instantly answers any of your plan-related questions, offering insights like a business mentor.

All in all, Upmetrics proves to be a worthy investment, considering the number of features it offers at a very competitive pricing range. Look at its extended feature offerings for a more precise understanding.

Pricing

Check out Upmetrics’ pricing plans:

Plan	Starter	Premium
Pricing	$7	$14

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

2. Bizplanr

Bizplanr is a modern, free AI business plan generator. The one thing that generally comes into our minds when we hear the word “free” is the quality. It’s hard to expect great quality when opting for a free tool.

Bizplanr came off as a surprise when we tested it to create a business plan.

While it definitely can’t compare to the quality of a tool like Upmetrics, Bizplanr does an excellent job generating a plan, which you can further edit and modify depending on your requirements.

To create a plan using Bizplanr, you need to answer a few business-related questions. Once you’re done, it starts generating a plan. Surprisingly, after the inputs, it just took a minute or two to show us the final results.

While I had to make a few minor edits, the result was quite impressive.

The only problem I had with Bizplanr was the level of customization. AI will generate a plan, but you can’t customize it using the free version. You need to upgrade to a premium plan. (They can’t give it all for free, right?)

In a nutshell, Bizplanr can help you create a surface-level plan that you can begin with, but for detailed planning, consider my first recommendation.

Pros and Cons

Here are the pros and cons of using Bizplanr for business planning:

Pricing

Basic	Starter
Free	Start with $7/mo

3. Notion AI

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

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

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

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

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

Pricing

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

Plan	(Price) Plan + AI addon/month
Free	Free + $8 per member
Plus	$8 + $8 per member
Business	$15 + $8 per member
Enterprise	Custom + $8 per member

4. Copy AI

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

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

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

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

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

Pros and Cons

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

Pricing

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

Specifications	Free Plan	Pro Plan
Number of Credits (Per month)	10 Credits	Unlimited
Priority Support	No	Yes
Premium community	No	Yes
90+ copywriting tools	Yes	Yes
Pricing/month	$0	$36  (If billed annually)

5. Grammarly

Grammarly, a renowned cloud-based typing assistant we’ve been using to correct spelling and grammatical errors, has recently launched its AI business plan-generating feature.

The tool is designed to help its users generate an executive summary for their business plan. Yes, it only helps auto-write an executive summary, not an entire plan. The feature is part of Grammarly’s AI-assisted writing suite.

Using this feature is quite the easy deal—answer a few questions about your business and financials, and it will generate an executive summary or a one-page plan for you.

Since Grammarly is not a professional business plan software, it lacks many necessary features for writing a business plan, such as a business plan editor, financial forecasting, pitch deck creator, and other advanced business planning tools and resources.

Pros and Cons

Pros and cons of using Grammarly for planning include:

Pricing

Grammarly’s AI business plan generator is free to use, but it may not help you with detailed planning.

6. Beautiful AI

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

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

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

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

Pros and Cons

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

Pricing

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

Plan	Pro	Team	Enterprise
Price (If billed Annually)	$12 per month	$40 per month	Custom

7. 15MinutePlan

15MinutePlan.AI is an AI tool designed to create professional business plans for its users. To create a business plan using this tool, you have to fill out simple forms and select language, and you will have a business plan ready in 15 minutes.

Once the plan is ready, you may select the “Talk To Plan” feature to make the necessary changes to your plan. The GPT 3.5 and 4.0 powered AI takes over to make the required changes.

Although getting a business plan in 15 minutes sounds exciting, AI is making adjustments so you may not get exactly what you want.

Choosing this tool feels like a tough call due to its high pricing and limited market feedback. Feel free to reconsider other options on the list.

Pros and Cons

Pros and cons of using 15MinutePlan include:

Pricing

15MinutePlan doesn’t have a dedicated pricing page. However, when we looked into it, we found two pricing plans, starter and professional, each costing $69 and $99, respectively.

8. Venture Planner

Venture Planner is an AI-enabled business planning solution best known for its business planning and forecasting features. It’s been a popular choice among entrepreneurs since its launch in December 2023.

Having tested and reviewed multiple tools, Venture Planner looks much better and promising compared to other tools on the list.

The tool is backed by a thoroughly trained AI, a well-coded platform, and informative resources. Like it was with Bizplanr, you need to answer a few questions about your business to begin with.

While the step-by-step plan creator and examples are helpful, the AI response may be generic. Providing customizations could’ve helped.

The platform lacks planning flexibility. You can’t skip sections or plan as you see fit; you need to follow a specific order to complete your plan. Besides, I found the tool to be missing out on a few functionalities like advanced forecasting tools, idea generation, and rewriting features.

In short, Venture Planner is a great tool; it has some great business planning features. But it might just not work for someone looking for a flexible tool that they can use to create a business plan at their own pace.

Pros and Cons

The pros and cons of using Venture Planner include:

Pricing

The difference between both plans is that the consultant plan allows you to create ultimate business plans. While you can pay monthly, the annual subscription allows you to save 50% on both of your plans.

Business	Consultant
$14/mo	$40/mo

9. Simplified

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

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

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

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

Pricing

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

Specifications	Free Forever	Small Team	Business	Growth
Members	1	Up to 5 member	Up to 5 member	Up to 5 member
Storage	1 GB	100 GB	200 GB	500 GB
Pricing/Month (If billed annually)	Free	$20	$33	$81

10. IdeaBuddy

IdeaBuddy is primarily a business planning software focused on helping you explore and validate your business idea.

While the tool does a decent job helping users with idea planning and stuff with a modern interface, the same thing is not true about its AI integrations.

IdeaBuddy’s AI assistance (they call it “AI Buddy”) is limited to providing a few surface-level AI tips and suggestions. Rather than calling it an AI business plan generator, we should call it an AI that partially helps you plan.

Regarding its other features, IdeaBuddy offers Idea Plan, Whiteboard, Idea Validation, business plan, and financial plan features.

Based on my observation of the rest of the features, the Financial plan feature stands out. However, integrating accounting software would have made it a better choice.

In a nutshell, IdeaBuddy is a great business planning tool for idea-staged startups and first-time entrepreneurs. However, its other business planning and AI features are not nearly as useful as other tools like Upmetrics.

So, if you’re looking at a detailed business plan, you’re better off using a comprehensive tool.

Pros and Cons

Check out the pros and cons of using IdeaBuddy for business planning:

Pricing

Free trial	Dreamer	Founder	Team Pro
Free	$6	$12	$16

(*Annual pricing)

Depending on the plan specifications and features, these plans may cost between $6 to $16 a month. You can also customize the number of ideas or collaborators available in the plan.

11. ProAI

ProAI is an AI-powered business planning software that helps entrepreneurs and business owners create comprehensive and professional business plans effortlessly.

With ProAI, all you need to do is input your business details, and the platform will generate a detailed business plan tailored to your specific needs.

The platform also offers a variety of customizable templates designed for different industries. It includes real-time collaboration features, allowing you to gather feedback from multiple stakeholders seamlessly.

Pros and Cons

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

Pricing

ProAI doesn’t have a free plan, let’s see the other plans it provides:

Entrepreneur Starter Kit	Investor Magnet
$56 yearly	$104 yearly

12. Venturekit

Venturekit is yet another AI-powered tool that aims to help entrepreneurs and small businesses create detailed plans using AI. When comparing it with other tools, Venturekit asks only a few questions about your business to generate a plan.

While the tool doesn’t ask for necessary business information, there can be instances where you see output with unnecessary, misleading details that do not represent your business in any way.

It’s a good thing that you get an option to edit and correct this information manually, but you need to have a detective’s eye be keep looking at such errors.

Among other features, there’s an AI consultant (A ChatGPT-like bot) that answers your business plan-related queries.

It felt like an improved version of ChatGPT which feels a bit disconnected from its business plan generator.

All in all, Venturekit comes as a balanced tool with its pros and cons. I feel using Venturekit is a bit over-relying on AI for your plan with very little human input, leaving scope for AI to fill in generic and misleading information into your plan.

Pros and Cons

The pros and cons of using Venturekit include:

Pricing

The free version comes with very limited features. You must upgrade to the Pro version to create a detailed business plan.

Basic	Pro
Free	$19/mo

13. ChatGPT—A Free Alternative

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

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

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

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

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

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

Learn more Use ChatGPT to write your business plan

Pros and Cons

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

That’s it. That was the list of the 13 best AI business plan generators. Let’s discuss how to take the final call—choose a business plan generator.

How to Choose an AI Business Plan Generator Software?

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

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

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

Conclusion

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

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

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