AI Business Plan Generator

Save time on writing your business plan so you can bring your big idea to life. With Grammarly’s AI-powered business plan generator, you can craft an effective executive summary in four simple steps.

Paste or type a description of your business, including the company name, business or product idea, company mission, and target market.
Paste or type information about how you will attract customers.
Paste or type an overview of any competitors and an explanation of what differentiates your company.
Paste or type expected business costs, financial strategy, and projected sales.
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A Better Way to Write Business Plans

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Find Inspiration in These Business Plan Examples

These sample business plan executive summaries were created with Grammarly's generative AI writing assistance. Once Grammarly composes your draft, you can always edit it further to better meet your needs.
Prompt:

Write a business plan executive summary for my new business, Keyloxxi. It is a food business that specializes in creating delicious hand pies using seasonal ingredients. Our target market is on-the-go, middle-class millennials that are always looking for their next adventure and need high-quality, portable meals. Our business will reach them through our food truck, and also through social media and pop-up events. Our business goals are to supply customers with healthy and freshly cooked food in a fast and efficient way, and to eventually open a brick-and-mortar restaurant. Keyloxxi is the only hand pie business in the area, which makes it stand out from other offerings. Our overhead costs are $1,500 a month, and the pricing strategy is to charge $7 per hand pie with the goal of having weekly sales of $2,000.

Draft generated by Grammarly:

Keyloxxi is a new food business that specializes in creating delicious hand pies using seasonal ingredients. Our target market is on-the-go, middle-class millennials who are always looking for their next adventure and need high-quality, portable meals. We plan to reach our customers through our food truck, social media, and pop-up events. Our business goals are to supply customers with healthy and freshly cooked food in a fast and efficient way, and to eventually open a brick-and-mortar restaurant.



Keyloxxi stands out from other food offerings in the area because we are the only hand pie business that uses seasonal ingredients. Our pricing strategy is to charge $7 per hand pie, with the goal of having weekly sales of $2,000. Our overhead costs are $1,500 a month, which includes the cost of ingredients, gas, and maintenance for our food truck.



To achieve our business goals, we will focus on providing high-quality, delicious hand pies that cater to the tastes and preferences of our target market. We will also utilize social media and pop-up events to build our brand and reach new customers. Our long-term plan is to open a brick-and-mortar restaurant that will serve as a hub for our hand pie business.


In summary, Keyloxxi is a food business that offers delicious hand pies made with seasonal ingredients to on-the-go, middle-class millennials. Our business goals are to provide customers with healthy and freshly cooked food in a fast and efficient way, and to eventually open a brick-and-mortar restaurant. Through our food truck, social media, and pop-up events, we plan to reach our target market and become the go-to destination for hand pies in the area.
Prompt:
Write a business plan for AcmeCo. It’s a used florist supply shop that offers all kinds of plant lovers well-loved equipment at deeply discounted prices. Our target markets are gardening enthusiasts and professional florists looking to save money on pots, plants, tools, and more. We aim to reach them at our brick-and-mortar store, and also through our online shop, social media, and at the local farmers market. Our business goals are to expand access to gardening in our local community, and connect people with the environment. Unlike other gardening stores, AcmeCo is the only florist supply shop that buys and sells used equipment and provides weekly gardening workshops. Our overhead is $4,000 a month, and through buying used equipment, we are able to purchase 50% below wholesale prices.

Draft generated by Grammarly:
AcmeCo is a unique and exciting business that offers affordable and well-loved equipment to gardening enthusiasts and professional florists. Our mission is to expand access to gardening in our local community and connect people with the environment. We aim to achieve these goals by providing our customers with high-quality, used equipment at deeply discounted prices.

Our target markets are gardening enthusiasts and professional florists who are looking to save money on pots, plants, tools, and more. We plan to reach out to them through our brick-and-mortar store, online shop, social media, and local farmers markets. Our business model is unique in that we are the only florist supply shop that buys and sells used equipment and provides weekly gardening workshops.

Our overhead is $4,000 a month, and by purchasing used equipment, we are able to purchase at 50% below wholesale prices. This enables us to offer our customers truly affordable prices while still maintaining a profitable business. Our weekly gardening workshops will also provide a valuable resource for our customers, allowing them to learn new skills and techniques that will help them become better gardeners.

In conclusion, AcmeCo is a unique and exciting business that is poised for success in the gardening and florist supply industry. We believe that by offering affordable prices, high-quality used equipment, and valuable resources such as weekly workshops, we can expand access to gardening in our local community and connect people with the environment. We look forward to serving our customers and building a thriving business that makes a positive impact on our community.

Frequently Asked Questions


What is a business plan?

A business plan is a document that articulates the strategic roadmap for a new business, outlining the company’s name, products or services, opportunities, goals, financial projections, target market, and mission statement.

What is the purpose of a business plan?

Business plans serve as your company’s North Star, helping to provide clear articulations of your business’s goals, financial projections, and more. Learning how to make a business plan serves as an important step in creating your company, as the document plays a big role in creating your business strategy and helping you secure funding. It’s important to ensure your business plan is polished, mistake-free, and written in a confident, formal tone that will resonate with potential investors.

What are the different types of business plans?

Business plans typically fall into three categories: one-page business plans, internal business plans, and traditional business plans. The one-page plan is a high-level summary of the business with key elements only, and is often used in a pitch capacity. Internal business plans are frequently used for starting up new arms of existing businesses. Traditional business plans are comprehensive documents, often dozens of pages in length, that forecast multiple years into the future and contain every detail that might contribute to the business’s success.

What info should be included in a business plan?

Your business plan should include the name of your business, along with what type of business it is, and the product or service you offer; your target market, including who they are, their needs, and how your business will reach them; your business’s goals and competitive advantage; and a detailed financial plan, including pricing strategy, overhead costs, timeline to profitability, current funding levels, and funding goals/needs.

What is an executive summary in a business plan?

A business plan’s executive summary is a high-level overview of your company’s path to succeed, complete with all the basic information about your business, financial projections, target market, and mission statement.

How should a business plan start?

A business plan should start with an introduction to the business and its offerings, and then convincingly demonstrate the benefits it provides to users and why it makes sense in the marketplace. If you’re writing a traditional, comprehensive business plan, it should start with a high-level executive summary.

If you're wondering how to write a business plan, Grammarly's AI-powered business plan generator is a great resource.

How long does it take to write a business plan?

How long it takes to write a business plan depends on what kind of business plan you’re writing. A one-page business plan can be written rather quickly (in seconds, if you’re using Grammarly's AI-powered business plan generator). Business plan length can increase substantially for those writing a traditional plan, which is typically a much longer and more comprehensive document that can span multiple, if not dozens of, pages.

What is a business plan generator?

A business plan generator is an AI-powered tool that uses a variety of prompts from the user to automatically generate a business plan. It is an extremely fast, effective tool that can help you compose a quality one-page business plan in seconds.

What information should I include in my prompt?

When using Grammarly’s AI assistance to help you create your business plan, it’s best to provide a good amount of information. The more detailed your prompts are, the clearer and more personalized your business plan will be. To start, be sure to include the following information in your prompt:

- The name of your business, along with what type of business it is and the product or service offered
- Your target market, including who they are, their needs, and how your business will reach them
- Your business’s goals, and the competitive advantage you hold in the market
- A financial plan, including pricing strategy, overhead costs, timeline to profitability, current funding, and funding goals or needs.

How can I create a business plan using using Grammarly's generative AI?

It's simple to craft a high-quality business plan in an instant with Grammarly's AI writing assistance. Here's how:

  • First, download Grammarly.
  • From your document, open Grammarly. This will launch our generative AI features.
  • Then, enter a prompt that includes key details about your business to ensure Grammarly has the context to generate a quality executive summary draft.

Business Writing Resources

Learn more about how to get your business up and running with guidance from the Grammarly blog.

More AI Writing Assistance From Grammarly

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Names used are fictitious, and any resemblance to actual persons, events, or places is coincidental.