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Free Online Business Plan Maker

Create a compelling and convincing business plan online with Venngage. Templates available for your every need, whether it's business plans, financial plans, marketing plans, and more.

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Choose from hundreds of business plan templates. see all business plan templates, launch a profitable business with a visually engaging business plan.

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Your business is unique and impactful — so should your business plan. Make sure the plan you share with investors, lenders, and other stakeholders is not only packed with key data and information but visually engaging too.

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Whether you're looking for a traditional business plan format or something more creative, Venngage's easy-to-edit business plan templates let anyone design business plans. No experience required. Free business plan templates available.

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Persuade your stakeholders and tell a story with your business plan data through charts, graphs, maps and diagrams. Copy and paste your data or upload it in a .csv file in one click.

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Easy-to-edit professional business plan templates

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How much does venngage's business plan builder cost.

Anyone can make a business plan for free and share a link to their work. Our Premium ($19/month) and Business ($49/month) plans include premium, professional business plan templates and features, plus access to multiple download formats.

How can I write my own business plan?

Your business plan can include these sections: executive summary, company description, market analysis, organization management, service/product line, marketing & sales, funding requests, financial projections, etc. Add sections to your business plan as you see fit — depending on the kind of plan you're creating. No matter the type of business plans you're making, Venngage has a template for that.

Can I download my business plan?

Yes! You can download your business plan in PNG, PDF, Interactive PDF, or PowerPoint formats (paid plans only). It's free to share a public link. It's also free to create an account and test out our online business plan maker with a free business plan template.

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Respond to a series of targeted questions about your business goals and objectives.

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Analyze your ventures through extensive business plans aligned with your vision and goals.

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Funding ready business plan, executive summary, company overview.

Problem Statement

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Modify and regenerate sections of your business plan using premade or custom prompts. Our AI will help you refine your plan to perfection.

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We recommend a variety of useful tools and resurces that help sustain your growth. We only recommend the best in the business. Filter your needs and equip yourself with the best tools.

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Explore a library of sample business plans we generated to get the idea of what to expect. Currently able to generate viable plans for 50+ industries.

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Frequently Asked Questions (FAQ)

  • Initiate with Your Business Concept: Lay the Groundwork: Start by introducing your business idea into Plannit AI's Business Plan Generator. This first step is crucial, as it sets the tone for a tailored, insightful business plan that truly resonates with your vision. Capture the Essence: Our platform is designed to grasp the nuances of your concept, ensuring that the generated plan accurately reflects the core and potential of your business.
  • Navigate Through the AI-Guided Questionnaire: Tailored Interactive Experience: Plannit AI’s AI-guided questionnaire is your interactive guide through the planning process. It meticulously gathers information about your business's objectives, strategies, and market positioning, ensuring a comprehensive and reflective plan. Intelligent Feedback and Suggestions: As you progress through the questionnaire, benefit from smart prompts and suggestions, ensuring that your plan is not just detailed but also strategically sound and aligned with industry standards.
  • Generate Your Plan with Advanced AI: Intuitive Plan Creation: With the questionnaire complete, Plannit AI's advanced algorithms intelligently analyze your responses. They then craft a detailed, customizable, and strategically aligned business plan, providing you with a structured, coherent, and actionable format. Benefit from AI-Powered Insights: Plannit AI offers AI-driven insights and suggestions, ensuring your plan is not just a document but a strategic tool equipped with tailored AI prompts and an in-app plan editor. Get inspired by browsing through our sample business plans, a collection of successful strategies across various industries.
  • Finalize Your Plan with Confidence: Dynamic Adaptation and Refinement: Plannit AI recognizes that a business plan is a living document. Our platform allows for continuous adaptation and refinement, ensuring your strategy remains agile, relevant, and aligned with your evolving business goals. Professional Presentation and Sharing: Once your plan meets your standards, utilize Plannit AI's export features to present your plan professionally. Choose between various formats for exporting your business plan, ready to impress stakeholders, attract investors, or guide your team. Review and Adapt: Ensure your business plan is a living document, ready to evolve with your growing business. Plannit AI's dynamic platform allows you to adapt your strategy as new opportunities or challenges arise.
  • Roadmap for Success: At its core, a business plan acts as a strategic guide, providing detailed steps on how your business will achieve its objectives. It helps you navigate the startup phase, manage growth effectively, and tackle unforeseen challenges with a well-thought-out strategy.
  • Securing Funding: For startups and businesses looking to expand, a business plan is crucial for securing loans or attracting investors. It demonstrates to potential financial backers that your business has a clear vision, a solid strategy for profitability, and a plan for delivering returns on their investment.
  • Informed Decision-Making: A well-prepared business plan offers valuable insights into your market, competition, and potential challenges. This information is vital for making informed decisions, from day-to-day operations to long-term strategic shifts.
  • Market Analysis and Strategy: It allows you to conduct an in-depth analysis of your target market, understand customer needs, and position your product or service effectively. The marketing strategy outlined in your business plan helps in identifying the best channels and tactics to reach your audience and achieve market penetration.
  • Financial Planning: One of the most critical components of a business plan is the financial forecast. It outlines your funding requirements, expected revenue, profit margins, and cash flow projections. This section is essential for budgeting, financial management, and ensuring the financial viability of your business.
  • Goal Setting and Performance Measurement: A business plan sets clear, measurable goals and objectives. It provides a framework for monitoring performance, measuring success, and making necessary adjustments to stay on track.
  • Aspiring Entrepreneurs: If you're at the idea stage, looking to transform your vision into a viable business, Plannit AI offers the tools and guidance to bring your concept to life. Our platform helps you articulate your business idea, define your target market, and develop a solid plan to turn your dream into reality.
  • Students and Educators: For students delving into the intricacies of business planning and educators teaching the fundamentals of entrepreneurship, Plannit AI serves as an invaluable resource. It provides a practical, hands-on tool for learning and teaching how to create detailed business plans, analyze markets, and understand financials in a real-world context.
  • Startup Founders: In the dynamic startup environment, Plannit AI is the ideal partner for founders looking to pivot quickly, secure funding, or understand their competitive landscape. With our AI-driven insights and market analysis tools, startups can make informed decisions and adapt their strategies to thrive in competitive markets.
  • Small Business Owners: For small business owners seeking to optimize their operations, expand their customer base, or explore new markets, Plannit AI offers targeted solutions. Our platform simplifies the planning process, enabling owners to focus on growth while managing the day-to-day challenges of running their business.
  • Consultants and Freelancers: Consultants and freelancers specializing in business development, strategic planning, or financial advising will find Plannit AI a powerful addition to their toolkit. It allows them to provide clients with comprehensive, data-driven business plans and strategies, enhancing the value of their services.
  • Non-Profit Organizations: Leaders of non-profit organizations can leverage Plannit AI to plan initiatives, secure funding, and manage resources more efficiently. Our platform helps non-profits articulate their mission, set achievable goals, and measure their impact, ensuring they can make a difference in their communities.
  • Innovators and Inventors: Individuals looking to commercialize innovative products or technologies can use Plannit AI to navigate the complexities of bringing new ideas to market. From patent strategies to go-to-market plans, our platform covers all bases, ensuring innovators can focus on what they do best.
  • Small Business Development Centers (SBDCs) and Government Agencies: Government and SBA backed entities can greatly benefit from integrating Plannit AI into their services, enhancing their ability to support a larger number of clients more efficiently. By facilitating quicker, more in-depth business plan development, these organizations can spend more time assisting with plan execution and less time on creation, ultimately serving their communities more effectively.
  • Anyone with a Business Idea: Ultimately, Plannit AI is for anyone with a business idea, regardless of industry, experience, or stage of business development. Our mission is to democratize business planning, making it accessible, understandable, and actionable for everyone.
  • Interactive Questionnaire and ChatGPT Integration: Plannit AI transforms the business planning process into an engaging conversation. Through our advanced ChatGPT integration, we offer a questionnaire that dynamically adapts to your responses, ensuring your plan is personalized, comprehensive, and aligned with your business goals.
  • Dynamic Planning Environment: Unlike static templates provided by many, Plannit AI introduces a living platform that grows with your business. It features real-time updates, strategic insights, and a feedback mechanism that keeps your business plan current and actionable.
  • Extensive Educational Resources: Our Education Center is packed with articles, guides, and sample plans to bolster your planning process. It's designed to arm you with the knowledge to navigate the complexities of your industry confidently.
  • Enhanced Collaboration and Customization: Recognizing the collaborative essence of business planning, Plannit AI supports team efforts with multi-user editing, annotations, and feedback features, ensuring a comprehensive approach to your strategy.
  • Customer Success Stories: Our users' achievements are a testament to Plannit AI's effectiveness. These success stories illustrate how diverse businesses have utilized our platform for strategic planning and growth.
  • Tailored Business Plan Creation: Our platform stands out with its tailored approach, featuring customizable templates that directly cater to your business type and industry, making plan creation straightforward and relevant.
  • Content Generation:: ChatGPT helps draft various sections of a business plan, from executive summaries to marketing strategies, by providing structured and coherent text based on the prompts given.
  • Strategic Insights: It can offer suggestions on business strategies by analyzing trends and providing examples from a wide range of industries.
  • Financial Planning: While it can't replace professional financial advice, ChatGPT can guide the structure of financial projections and statements, helping you consider important financial aspects of your plan.

Take The First Step Towards Success With our AI-Generated Business Plans

How To Write A Business Plan (2024 Guide)

Julia Rittenberg

Updated: Apr 17, 2024, 11:59am

How To Write A Business Plan (2024 Guide)

Table of Contents

Brainstorm an executive summary, create a company description, brainstorm your business goals, describe your services or products, conduct market research, create financial plans, bottom line, frequently asked questions.

Every business starts with a vision, which is distilled and communicated through a business plan. In addition to your high-level hopes and dreams, a strong business plan outlines short-term and long-term goals, budget and whatever else you might need to get started. In this guide, we’ll walk you through how to write a business plan that you can stick to and help guide your operations as you get started.

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Drafting the Summary

An executive summary is an extremely important first step in your business. You have to be able to put the basic facts of your business in an elevator pitch-style sentence to grab investors’ attention and keep their interest. This should communicate your business’s name, what the products or services you’re selling are and what marketplace you’re entering.

Ask for Help

When drafting the executive summary, you should have a few different options. Enlist a few thought partners to review your executive summary possibilities to determine which one is best.

After you have the executive summary in place, you can work on the company description, which contains more specific information. In the description, you’ll need to include your business’s registered name , your business address and any key employees involved in the business. 

The business description should also include the structure of your business, such as sole proprietorship , limited liability company (LLC) , partnership or corporation. This is the time to specify how much of an ownership stake everyone has in the company. Finally, include a section that outlines the history of the company and how it has evolved over time.

Wherever you are on the business journey, you return to your goals and assess where you are in meeting your in-progress targets and setting new goals to work toward.

Numbers-based Goals

Goals can cover a variety of sections of your business. Financial and profit goals are a given for when you’re establishing your business, but there are other goals to take into account as well with regard to brand awareness and growth. For example, you might want to hit a certain number of followers across social channels or raise your engagement rates.

Another goal could be to attract new investors or find grants if you’re a nonprofit business. If you’re looking to grow, you’ll want to set revenue targets to make that happen as well.

Intangible Goals

Goals unrelated to traceable numbers are important as well. These can include seeing your business’s advertisement reach the general public or receiving a terrific client review. These goals are important for the direction you take your business and the direction you want it to go in the future.

The business plan should have a section that explains the services or products that you’re offering. This is the part where you can also describe how they fit in the current market or are providing something necessary or entirely new. If you have any patents or trademarks, this is where you can include those too.

If you have any visual aids, they should be included here as well. This would also be a good place to include pricing strategy and explain your materials.

This is the part of the business plan where you can explain your expertise and different approach in greater depth. Show how what you’re offering is vital to the market and fills an important gap.

You can also situate your business in your industry and compare it to other ones and how you have a competitive advantage in the marketplace.

Other than financial goals, you want to have a budget and set your planned weekly, monthly and annual spending. There are several different costs to consider, such as operational costs.

Business Operations Costs

Rent for your business is the first big cost to factor into your budget. If your business is remote, the cost that replaces rent will be the software that maintains your virtual operations.

Marketing and sales costs should be next on your list. Devoting money to making sure people know about your business is as important as making sure it functions.

Other Costs

Although you can’t anticipate disasters, there are likely to be unanticipated costs that come up at some point in your business’s existence. It’s important to factor these possible costs into your financial plans so you’re not caught totally unaware.

Business plans are important for businesses of all sizes so that you can define where your business is and where you want it to go. Growing your business requires a vision, and giving yourself a roadmap in the form of a business plan will set you up for success.

How do I write a simple business plan?

When you’re working on a business plan, make sure you have as much information as possible so that you can simplify it to the most relevant information. A simple business plan still needs all of the parts included in this article, but you can be very clear and direct.

What are some common mistakes in a business plan?

The most common mistakes in a business plan are common writing issues like grammar errors or misspellings. It’s important to be clear in your sentence structure and proofread your business plan before sending it to any investors or partners.

What basic items should be included in a business plan?

When writing out a business plan, you want to make sure that you cover everything related to your concept for the business,  an analysis of the industry―including potential customers and an overview of the market for your goods or services―how you plan to execute your vision for the business, how you plan to grow the business if it becomes successful and all financial data around the business, including current cash on hand, potential investors and budget plans for the next few years.

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Kelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development. Before joining the team, she was a Content Producer at Fit Small Business where she served as an editor and strategist covering small business marketing content. She is a former Google Tech Entrepreneur and she holds an MSc in International Marketing from Edinburgh Napier University. Additionally, she is a Columnist at Inc. Magazine.

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PlanBuildr has been used to quickly and easily create professional business plans in every industry- whether your business is a restaurant, spa, non-profit, software company, hotel, or anything else!

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Our business plan generator guides you through key questions about your company, marketing and operations strategies, and gives you tons of ideas for improvement.

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Daniel Jones

I love the ease in which PlanBuildr created my entire financial model for me.

Leann C.

PlanBuildr was super easy to use, helpful and descriptive. Thanks!

Pamela G.

Very easy to use and precise. I’ll definitely use PlanBuildr again in the future. An overall awesome site.

Alex C.

PlanBuildr is like a wizard — it’s so easy to follow!

Danielle S.

Danielle S.

PlanBuildr provides guidance and a comprehensive walk-through of each section of the plan.

Mason H.

PlanBuildr is very user friendly! It helped me easily create my business plan to open a franchise.

Timothy R.

PlanBuildr is a very useful tool to help build a business plan. It is laid out so well!

Karen A.

PlanBuildr offers an easy and time-efficient way for entrepreneurs to create their business plans. It guides you through everything that you need to include in a business plan

Natalie S.

PlanBuildr provides an easy way to create beautiful and thorough business plans.

Daniel L.

What I liked most about PlanBuildr is that the organization of the document far exceeded my expectations.

Abigail

PlanBuildr helped me figure out exactly what I needed to plan for with my business. Thanks!

Peter Y.

PlanBuildr provides a clear process to walk you through all the key parts of your business plan.

Jared S.

The easy to input sections make it easy to complete your business plan and focus on what’s important.

Need some inspiration? Check out some of our popular sample business plans below:

  • Airbnb Business Plan
  • Bakery Business Plan
  • Bar Business Plan
  • Daycare Business Plan
  • Dispensary Business Plan
  • Food Truck Business Plan
  • Franchise Business Plan
  • Insurance Agency Business Plan
  • Laundry Business Plan
  • Mobile App Business Plan
  • Record Label Business Plan
  • Employment Agency Business Plan
  • Trucking Business Plan

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Access a library of over 550+ sample business plans for inspiration, chat with support for additional help, or join an expert-led webinar to get additional business planning tips and wisdom.

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Forget the complex formulas and spreadsheets — with automatic financials and drag-and-drop forecasting you can finish faster and be confident your numbers are accurate.

Instantly get tailored revenue and expense suggestions to add to your forecast using the AI-Powered LivePlan Assistant.

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Manage your growth with a data-driven process

Markets change faster than ever and technology evolves at breakneck speed. Be ready to adapt quickly, stay focused, and make decisions that are best for your business with growth planning.

LivePlan will teach you this simple, repeatable, four-step process to help keep your business healthy — no matter what stage you’re at.

How We’re Different

More than business plan software

LivePlan isn’t just a tool to easily create a business pitch, plan, and financials — it’s a comprehensive business planning system to help you plan, fund, and grow.

Plenty of support to help you succeed

Inspiration powered by ai.

Use the LivePlan Assistant to instantly generate ideas at each step of your plan. You can also access 550+ sample plans to find one that matches your industry.

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Stay on track with video walk–throughs, webinars, and more from business planning experts.

If you ever get stuck, our team will help

If you ever have a question, you can instantly chat with a LivePlan expert.

Create a plan and build your business dreams

Frequently asked questions, how does a business plan builder like liveplan compare to free templates or other tools.

LivePlan is way more than business planning software , and far more powerful than a business plan template. Not only does it guide you through each step of writing your business plan - which you won’t get from a template - you won’t have to use spreadsheets to do your financials or create charts and graphs. As your business evolves, LivePlan helps you track your performance, lets you define the tasks needed to grow your business, and contains competitive industry benchmarks. No other template or tool comes close to the support, guidance, and ease that LivePlan brings to creating a business plan.

Do I need to have anything ready, like research or financials, before using LivePlan to build my business plan

No! Using LivePlan you can dive right in to starting your business plan with no preparation necessary. Working through LivePlan, you’ll be guided through where you need to supplement your knowledge of your market and industry. Of course, as you create your business plan you may need to gather additional data to add important details to your plan.

What is SBA approved formatting and will LivePlan help me create a business plan for the SBA?

The Small Business Administration, or SBA, requires business plans to be formatted in a specific way and include details indicating your business is viable. All LivePlan business plans follow SBA-approved formatting so you can ensure they include everything the SBA would expect to see.

What are all the things I can do in LivePlan?

LivePlan contains a number of powerful tools packed into one easy-to-use software. With LivePlan you can: Build a pitch, write and share a business plan, hammer out financial forecasts, build a one-page business plan, compare your performance against industry benchmarks, and so much more .

Can I explore LivePlan before signing up?

Absolutely. To experience planning in LivePlan, visit our interactive product tour or watch some of our getting started videos .

IMAGES

  1. Creating a Business Plan: Why it Matters and Where to Start

    business plan builder

  2. How to Build a Detailed Business Plan That Stands Out [Free Template] ⋅

    business plan builder

  3. Business Plan Builder

    business plan builder

  4. The Business Plan Builder

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  5. Create Your Custom Business Plan Online

    business plan builder

  6. How to write a business plan for a startup company

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VIDEO

  1. Business Power Tools

  2. Steve Schmidt explains the true danger behind Marjorie Taylor Greene

  3. PLAN BUILDER 1

  4. Plan Builder for Entrepreneurs

  5. Как составить бизнес план без ошибок: 5 лайфхаков

  6. 5% discount @ funding pips and 0 spread @ ic market link below PLAN BUILDER 3