Nov 3, 2024 · Wrike is a project management (PM) tool that works well as business plan software because it gives you tools to help you gather and compare your data. Wrike makes it easy to start your business ... ... Find and compare the 2024 best free Business Plan software solutions, using our interactive tool to quickly narrow your choices based on businesses like yours. ... While ChatGPT is versatile and user-friendly, specialized tools like Yeschat AI's business plan generator offer additional features tailored specifically for business planning. These tools combine the conversational abilities of ChatGPT with industry-specific algorithms, delivering a more focused and actionable business plan. ... Bplans offers free business plan samples and templates, business planning resources, how-to articles, financial calculators, industry reports and entrepreneurship webinars. Providing a curated selection of articles, resources, and free templates to successfully start, plan, manage, and grow your business. ... ">

🌍 Upmetrics is now available in

Free Business Plan Generator

Do you still spend hours writing and creating a business plan? Not after today. Upmetrics’ free business plan generator simplifies writing a business plan and helps you create a comprehensive and compelling lean plan in seconds.

Sounds exciting? Let’s learn more about getting started with our free business plan generator and using it to draft your plan.

Using Upmetrics’ Free Business Plan Generator

Need help using the free business plan generator? Follow these step-by-step instructions to create a business plan using the free generator in no time.

Creating a business plan requires filling in 4 critical fields—company overview, marketing details, competitor information, and financial overview. Let’s start with the first.

1. Enter the Company Overview

Provide a company overview in approximately 3-4 sentences, including your business’s name, service offerings, USPs, mission, goals, and target market. Here’s an example for you:

2. Add Marketing Details

The next step—provide marketing details. Start by answering how your business plans to attract new customers and what you want to achieve with your business.

You may also include details about your marketing budget and preferred marketing channels. Here’s an example for your reference:

“i.e. We will attract customers through a strong online presence, social media marketing, and in-store promotions. Offering loyalty programs and hosting community biking events will help build a loyal customer base.”

3. Enter Competitor Information

After adding the marketing details, provide the name of your primary competitor(s) and explain how you are distinct from your competitors.

Describe whether your offerings have any competitive advantages or differentiators. Here’s how it can be done:

“i.e. Our primary competitor is ‘Wheels & Gears,’ but what sets us apart is our personalized customer service and expert bike repair services. We also differentiate ourselves by focusing on eco-friendly and sustainable products.”

4. Provide Financial Overview

Finally,—provide an overview of your business financials. Include what your startup costs are, what your financial strategy would be, and your first-year sales.

We are creating a lean business plan, so it may not require a detailed description of your business financials. Here’s an example for your understanding:

“i.e. Our expected business costs are $87,000 and that includes rent, inventory, equipment, and staff salaries. Our financial strategy is to minimize overhead costs and optimize inventory turnover. We project annual sales to reach $500,000 in the first year.”

5. Click on Generate a Business Plan

You’ve filled in all the necessary fields. It’s time to click “Generate a Business Plan” and see it yourself.

Your lean business plan is ready; you may make a few changes and go ahead with it or choose an AI business plan generator for comprehensive planning.

Make detailed business & financial plans in minutes with

Upmetrics’ AI Business Plan Generator

Plans starting from $7/month

free business planning tools

Business Plan Example that will Inspire You

We created this sample CycleWave business plan using Upmetrics’ free generator. Remember, it’s your first draft—you can always go back and re-generate or edit it later.

CycleWave Business Plan

Introduction

Welcome to the business plan for CycleWave, a bicycle retail and repair shop dedicated to providing high-quality bikes and expert maintenance services. Our mission is to promote a healthier and more sustainable lifestyle through cycling while offering exceptional customer service.

Market Overview

The cycling industry is experiencing significant growth, driven by increasing interest in health, sustainability, and alternative transportation methods.

The target market includes cycling enthusiasts, commuters, and local community members.

Strong market potential due to growing awareness of the need for eco-friendly and sustainable products.

Competitive Analysis

Primary competitor: Wheels & Gears.

Differentiation factors

  • Personalized customer service
  • Expertise in bike repair services
  • Focus on eco-friendly and sustainable products.

Highlight the advantages of our unique offerings to attract customers away from competitors.

Marketing Plan

Utilize a solid online presence through a professional website to showcase our products, services, and promotions. Implement social media marketing strategies to engage with customers and build brand awareness.

Host community biking events to foster a sense of belonging and attract potential customers. Offer loyalty programs to incentivize repeat business and build a loyal customer base.

Operational Plan

Secure a suitable retail location with ample space for displaying bicycles and providing repair services. Employ knowledgeable staff with expertise in bike repair and customer service.

Create efficient processes for inventory management and maintenance repairs to ensure fast turnaround times. Maintain an attractive and organized store layout to enhance the customer experience.

Financial Plan

Our expected business costs are $87,000, allocated as follows:

  • Rent: $30,000
  • Inventory: $40,000
  • Equipment: $10,000
  • Staff Salaries: $7,000

We project annual sales to reach $500,000 in the first year, allowing us to gradually cover expenses and increase profitability.

Conclusion and Call to Action

In conclusion, CycleWave aims to thrive in the bicycle retail and repair industry by offering high-quality bikes, expert maintenance services, personalized customer care, and eco-friendly products. Join us in promoting a healthier and more sustainable lifestyle through cycling.

If you want to support our mission and become part of our cycling community, please contact us or visit our store today!

Upgrade to Make Comprehensive Plans in Minutes

Upmetrics’ free business plan generator is undoubtedly a better way to business plan. However, you may need an upgrade to create a comprehensive, investment-ready plan.

AI business plan generator like Upmetrics make business plan creation a breeze with their modern AI-powered features.

AI writing assistant helps you write, rewrite, edit, or translate sections of your plan, while the forecasting assistant provides revenue and expense stream suggestions for accurate projections.

You also get to access the massive library of 400+ sample business plans . So, all you need to do is export a template into the editor and start preparing your plan with AI .

What are you waiting for? Business planning starts @ $7 per month.

Build your Business Plan Faster

with step-by-step Guidance & AI Assistance.

crossline

Frequently Asked Questions

What is a free business plan generator.

The free business plan generator is a free-to-use version of Upmetrics’ business plan software. It uses AI-powered features to help users create a business plan. Since it can only create a lean business plan, you need Upmetrics’ advanced features for detailed planning.

Is it really free to use?

Yes, Upmetrics’ free business plan generator is 100% free to use, but the features that come with it are also limited. So, you may consider getting a premium subscription for advanced business planning features.

What information will I need to provide to use the tool?

You must fill in the necessary details to create a business plan using the free generator. The information required may include a company overview, marketing details, competitor information, and a financial overview.

What type of businesses should use your free business plan tool?

Startups and small businesses starting up or operating on tight budgets should consider getting a free business planning tool to create a lean business plan.

Is there a limit to how many plans I can create with your software?

No. As of now, there’s no limit to the number of business plans you can create using Upmetrics’ free business plan generator.

Is a sample plan as useful as creating my own custom version?

Using a sample business plan or template is one of the easiest ways to create your business plan. All you need to do is export a template into the editor and start preparing your plan with AI.

The Quickest Way to turn a Business Idea into a Business Plan

Fill-in-the-blanks and automatic financials make it easy.

crossline

AI Business Plan Generator - Yeschat

Create customized, data-driven business plans with Yeschat’s AI-powered tool – fast, easy, and free!

free business planning tools

Welcome! Ready to build your business plan together?

AI-driven business planning tool for entrepreneurs

Efficient AI assistant for business growth

Empowering businesses through intelligent AI support

Crafting innovative business strategies with AI

relatedTools.title

AI Tools

Free Business Plan Template Generator - YesChat.ai

AI Tools

Free Business Plan Examples Generator by YesChat – Tailored Templates for Your Industry

Free AIDA Copywriting Tool by YesChat AI | No Login Required

YesChat AI Detector - Free Tool to Identify AI-Generated Content

AI Tools

Free Text Message Generator by YesChat - Create Funny & Professional Texts

AI Tools

Free Quote Maker by YesChat.ai – Generate Custom Quotes Online

Free Punctuation Checker by Yeschat AI – Perfect Your Writing Now

AI Tools

Free AI Script Generator by YesChat | Effortless Video Script Creation

Key Features of the Yeschat AI Business Plan Generator

Customizable business plans.

Tailor your business plan to your industry, business model, and unique preferences with Yeschat’s AI Business Plan Generator. Whether you're launching a startup or expanding an established business, create a plan that perfectly matches your vision and goals.

Customizable Business Plans

Market Research Insights

Gain access to up-to-date market data, competitor insights, and industry trends. Our AI tool ensures your business plan is informed by the latest market research, helping you make data-driven decisions and stay ahead of the competition.

Market Research Insights

Financial Planning and Projections

Generate comprehensive financial projections, including profit and loss statements, balance sheets, cash flow forecasts, and breakeven analyses. Ensure your business plan is financially sound and prepared for investors.

Financial Planning and Projections

Strategic Guidance

Benefit from AI-powered strategic advice on growth strategies, marketing plans, operational strategies, and risk management. Yeschat’s AI Business Plan Generator equips you with the knowledge to take your business to the next level.

Strategic Guidance

How to Use the AI Business Plan Generator by Yeschat

Step 1: choose your industry.

Select your industry from a wide range of options to get a business plan template that's tailored specifically for your sector.

Step 2: Customize Your Plan

Use our AI-driven customization options to modify the business plan according to your business model, goals, and preferences.

Step 3: Download and Share

Once your business plan is ready, download it in your preferred format (Word, Excel, or PDF) and share it with your team, stakeholders, or investors.

Who Can Benefit from Yeschat's AI Business Plan Generator

Entrepreneurs and startups.

If you're starting a new business, our AI Business Plan Generator can help you create a solid, professional business plan that attracts investors and sets the foundation for success.

Small Business Owners

For small business owners looking to expand or restructure, our tool provides market insights, financial projections, and strategic advice to help you grow and stay competitive.

NGOs and Nonprofits

Nonprofits can also benefit from our customizable business plans, which help align mission-driven goals with financial sustainability, securing funding and support for social impact.

Investors and Consultants

Investors and consultants can use the AI Business Plan Generator to analyze potential investments, providing a clear view of the business’s financial health and market positioning.

What Users Are Saying About the AI Business Plan Generator

Yeschat’s AI Business Plan Generator helped me create a detailed and professional business plan in just hours. It saved me time and gave me confidence when pitching to investors.

Founder & CEO, TechInnovate

I’ve used many business planning tools, but Yeschat’s AI Business Plan Generator stands out. It’s comprehensive, easy to use, and offers industry-specific templates.

Emily Davis

Business Consultant

As a startup founder, I need to move fast. Yeschat’s tool made creating a business plan simple and efficient, while also providing me with valuable financial projections.

Carlos Martinez

Owner, GreenStart Ventures

This tool is a game-changer for nonprofits. It helped us create a well-structured business plan that clearly communicates our mission and financial goals to potential donors.

Nonprofit Director

Ai business plan generator free

Yeschat AI offers a free AI business plan generator, making high-quality business planning accessible to everyone. With no hidden costs, users can create professional-grade business plans tailored to their unique needs. This tool eliminates the need for expensive consultants or software, democratizing access to business development resources. Whether you're a startup founder or a small business owner, Yeschat AI helps you save time and money while delivering detailed, actionable plans.

Best free AI business plan generator

If you're looking for the best free AI business plan generator, Yeschat AI is the perfect choice. With its intuitive interface and advanced features, it outperforms competitors by offering customized solutions for diverse industries. From identifying key market trends to generating financial forecasts, this tool equips you with all the elements needed for a winning business plan. The best part? It's entirely free, ensuring that anyone can access top-tier business planning assistance without financial barriers.

Best AI business plan generator

Yeschat AI's business plan generator is widely regarded as the best AI tool for business planning. Combining advanced machine learning with user-friendly design, it creates comprehensive, professional-quality business plans in minutes. The tool covers all critical aspects, including market research, financial projections, and operational strategies. Trusted by entrepreneurs and businesses worldwide, Yeschat AI ensures precision, speed, and scalability, making it the go-to choice for anyone serious about success.

Business plan generator free

A free business plan generator like Yeschat AI revolutionizes how entrepreneurs create business strategies. It eliminates the complexities of traditional planning by providing an easy-to-use platform that generates detailed and professional plans. Simply input your business details, and the AI will craft sections like market analysis, marketing strategies, and operational plans. Ideal for startups and small businesses, this free tool makes high-quality business planning accessible to everyone.

AI business plan template

Yeschat AI provides expertly crafted business plan templates powered by AI, ensuring that users can create tailored and professional plans effortlessly. These templates cover all essential sections, including executive summaries, market analyses, and financial forecasts. Designed to be flexible and easy to customize, Yeschat AI’s templates are suitable for businesses of all sizes and industries. Whether you're pitching to investors or outlining a growth strategy, these AI-generated templates save time while ensuring your plan meets industry standards.

Ai business plan generator online

Yeschat AI's online business plan generator offers unparalleled convenience and functionality. Accessible from any device, this tool allows users to create comprehensive business plans anytime, anywhere. With cloud-based capabilities, your plans are securely saved and can be edited or updated as your business evolves. Perfect for remote teams and busy entrepreneurs, Yeschat AI’s online platform ensures that professional-grade business planning is always within reach.

Ai business plan generator pdf

Yeschat AI's business plan generator allows users to export their plans as professional PDF documents. This feature ensures that your business plan is presentation-ready, whether you're pitching to investors or submitting it for a grant application. With high-quality formatting and well-structured content, these AI-generated PDFs reflect professionalism and attention to detail. The ability to quickly generate a polished PDF sets Yeschat AI apart as an indispensable tool for entrepreneurs.

Business plan AI

Business plan AI tools like Yeschat AI are transforming the entrepreneurial landscape by automating and optimizing the planning process. By leveraging AI, these tools analyze data, identify market opportunities, and provide actionable insights. Yeschat AI stands out by combining advanced technology with user-friendly design, making it easy for anyone to create a winning business plan. Whether you're launching a startup or scaling an established business, AI-powered planning tools are the key to strategic success.

Frequently Asked Questions About Yeschat’s AI Business Plan Generator

Can ai produce a business plan.

Yes, AI can produce a business plan with remarkable efficiency and accuracy. Leveraging advanced algorithms, AI tools like Yeschat AI's business plan generator can analyze market trends, financial data, and customer demographics to create tailored business strategies. By using AI, you save time and gain insights that might be overlooked in traditional planning. These tools are especially useful for entrepreneurs who lack experience in drafting detailed plans. From identifying growth opportunities to forecasting financial performance, AI-driven solutions transform the process of business planning into a seamless, data-driven experience. Start-ups and seasoned businesses alike can benefit from the precision and adaptability offered by AI tools.

How to write a business plan with AI for free?

Writing a business plan with AI for free has never been easier. Platforms like Yeschat AI provide accessible, no-cost tools to guide you through creating a comprehensive business plan. Simply input key details such as your business idea, target audience, and goals, and let the AI do the heavy lifting. These tools use natural language processing and data analysis to generate sections like executive summaries, market analyses, and financial projections in minutes. Free AI tools not only save costs but also ensure your plan aligns with industry standards, making them perfect for small businesses and entrepreneurs on a budget.

Can ChatGPT write a business plan?

ChatGPT can assist in writing a business plan by providing well-structured and insightful content based on user inputs. By specifying your business type, market, and goals, you can use ChatGPT to draft various sections such as executive summaries, competitor analyses, and marketing strategies. While ChatGPT is versatile and user-friendly, specialized tools like Yeschat AI's business plan generator offer additional features tailored specifically for business planning. These tools combine the conversational abilities of ChatGPT with industry-specific algorithms, delivering a more focused and actionable business plan.

Which AI can write a business proposal?

Several AI tools can write business proposals, but Yeschat AI's business plan generator stands out for its user-centric design and robust capabilities. It provides customized templates, data-driven insights, and step-by-step guidance for creating persuasive and professional business proposals. Whether you need a detailed breakdown of project goals, timelines, or budget requirements, this AI-powered tool ensures that your proposal is clear, compelling, and ready to impress stakeholders. Unlike generic AI systems, Yeschat AI focuses on the nuances of proposal writing, helping you stand out in competitive markets.

What industries does the AI Business Plan Generator support?

Our tool supports a wide range of industries, including tech, retail, healthcare, manufacturing, and nonprofits, allowing you to create a plan tailored to your specific needs.

Can I edit my business plan after generating it?

Yes, you can easily edit your business plan after generating it to make any necessary adjustments or updates.

Is the AI Business Plan Generator free to use?

Yes, the AI Business Plan Generator is completely free to use with no sign-in required.

What formats can I download my business plan in?

You can download your business plan in Word, Excel, or PDF formats, depending on your preference.

Does the tool offer financial projections?

Yes, the tool generates detailed financial projections, including profit and loss statements, balance sheets, and cash flow forecasts.

How accurate is the market research provided?

Our tool uses up-to-date market data sourced from reliable online resources to provide accurate and relevant market insights.

Learn to Build a Better Business Plan

Browse sample plans

Sample Business Plan Gallery

Browse our library of over 550 free business plan examples to kickstart your own plan.

Browse our library of over 550 free business plan examples.

Write your business plan

How to Write a Business Plan

Step-by-step guide to establish the foundation of your business quickly and efficiently.

Step-by-step guide to establish the foundation of your business.

Write your business plan

Business Plan Template

Build your business using the proven planning template designed by the experts at Bplans.

Use the planning template designed by the experts at Bplans.

Business plan template

Subscribe to business insights

Stay up to date with expert business planning tips, growth strategies, the latest funding opportunities, and more..

We care about your privacy. See our Privacy Policy .

Popular Downloads

SWOT analysis

SWOT Analysis

Easily evaluate your competitive position and develop effective growth strategies.

Refine your competitive strategy using a SWOT analysis.

Cash flow

Cash Flow Forecast

Improve the health of your business by easily estimating your business’s financial future.

Estimate and improve the financial health of your business.

Lean business plan

Lean Business Plan Template

Fast, simple, and shareable. Start with a one-page plan to grow alongside your business.

Start with a simple one-page plan to grow alongside your business…

Start Your Business

Business startup guide

Business Startup Guide

Get everything in order to start your business and write your business plan.

Get everything in order to start your business.

Business startup guide

How to start a business with no money

Is it possible to start a business with no money? Check out this proven process to get your business…

Is it possible to start a business with no money? Check out this.…

Startup checklist

Startup Checklist

Break down the startup process and check all the necessary boxes.

Startup checklist

Estimating Startup Costs

What will it cost to start your business? These are the expenses you will need to consider.

Do you know what it will cost to start your business?

Estimating startup costs

Write Your Business Plan

Business planning

Business Planning in Under an Hour

Learn how to write your business plan in under an hour.

Business plan template

1-Page Business Plan Template

A faster, more efficient way to develop your business strategy.

Perfect Your Elevator Pitch

Pitch guide

Pitch Guide

Learn how to create a winning elevator pitch deck and speech that will impress investors.

Impress investors with a winning pitch deck and elevator pitch.

Pitch guide

Elements of the Elevator Pitch

If you're pitching to investors or building a pitch deck, here are the 7 things you need.

Here are the 7 things you need to include in your elevator pitch.

Elevator pitch

Components of a Pitch Deck

Here are the 11 slides you must have in your pitch deck.

Pitch deck

Investor Pitch Template

Start your pitch off right with a proven pitch deck template.

Investor pitch

Get Your Business Funded

Funding guide

Funding Guide

Learn how to prepare your business plan and pitch to secure funding for your business.

Prepare your plan and pitch to secure funding for your business.

Fund your business

Ways to Fund Your Business

When it comes to funding, there isn't a one-size-fits-all method. Here are your options.

Find out what funding options are available for your business.

Grow Your Business

Grow business

How to Grow Your Business

Growing your business can be just as difficult as starting. Here are proven ways to grow.

Try these proven methods to continue growing your business.

Grow business

Grow Using Your Business Plan

Turn your business plan into a growth-oriented business strategy.

Actionable goals

Set Clear and Actionable Goals

Grow your business by setting clear goals and establishing key metrics for success.

Learn to set clear and actionable goals to grow your business.

Actionable goals

How to Forecast Cash Flow

Create a cash flow forecast to help keep your business healthy and plan for the future.

Keep your business healthy using a cash flow forecast.

Cash flow

Tim Berry Blog

Learn from renowned business planning expert and founder of Bplans, Tim Berry.

Tim Berry blog

Business Glossary

Definitions for common terminology and acronyms that every small business owner should know.

Business Glossary

The quickest way to turn a business idea into a business plan

Fill-in-the-blanks and automatic financials make it easy.

No thanks, I prefer writing 40-page documents.

LivePlan pitch example

Discover the world’s #1 plan building software

free business planning tools

IMAGES

  1. The Best 10 Business Planning Tools for Startups

    free business planning tools

  2. Strategic Planning: Alignment of Goals and KPIs

    free business planning tools

  3. Free Business Planning Tool

    free business planning tools

  4. Free Business Planning Resources

    free business planning tools

  5. Fillable Online dev orgwise Business Planning Tools for Non-Profit... Fax Email Print

    free business planning tools

  6. Business planning software

    free business planning tools

COMMENTS

  1. Free Business Plan Template - Create a Business Plan - Visme

    Our business plan software lights the way as you sort through the important elements of creating a business plan. Inject your own creativity into your presentation using our vast library of icons, photos and animations, or keep it simple and clean.

  2. Free Business Plan Generator - Upmetrics

    The free business plan generator is a free-to-use version of Upmetrics’ business plan software. It uses AI-powered features to help users create a business plan. Since it can only create a lean business plan, you need Upmetrics’ advanced features for detailed planning.

  3. 10 Best Business Plan Software In 2024 – Forbes Advisor

    Nov 3, 2024 · Wrike is a project management (PM) tool that works well as business plan software because it gives you tools to help you gather and compare your data. Wrike makes it easy to start your business ...

  4. Best Free Business Plan Software Solutions 2024 | Capterra

    Find and compare the 2024 best free Business Plan software solutions, using our interactive tool to quickly narrow your choices based on businesses like yours.

  5. AI Business Plan Generator Free – Yeschat

    While ChatGPT is versatile and user-friendly, specialized tools like Yeschat AI's business plan generator offer additional features tailored specifically for business planning. These tools combine the conversational abilities of ChatGPT with industry-specific algorithms, delivering a more focused and actionable business plan.

  6. Bplans: Business Planning Resources and Free Business Plan ...

    Bplans offers free business plan samples and templates, business planning resources, how-to articles, financial calculators, industry reports and entrepreneurship webinars. Providing a curated selection of articles, resources, and free templates to successfully start, plan, manage, and grow your business.