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Submission: On September 09 via api from GB — Scanned from GB
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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.
--------------------------------------------------------------------------------
Step 1
Enter a company overview
Paste or type a description of your business, including the company name,
business or product idea, company mission, and target market.
Add marketing details
Paste or type information about how you will attract customers.
Provide competitor information
Paste or type an overview of any competitors and an explanation of what
differentiates your company.
Add financial overview
Paste or type expected business costs, financial strategy, and projected sales.
Continue
Access additional features
Download Grammarly to improve your writing and instantly generate emails,
documents, and more in your preferred voice.
Get Grammarly It’s free
A BETTER WAY TO WRITE BUSINESS PLANS
Spend more time building your business, and less time writing your
business
plan. Sign up for Grammarly, and get access to AI-powered
writing
assistance that helps you create a personalized, compelling business
plan
executive summary in seconds.
Share some basic details and quickly get an entire draft suited to your needs.
Achieve the right formality, tone, and length by adjusting your text with just a
few clicks.
Ensure your writing is clear and mistake-free with the help of Grammarly’s
suggestions.
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.
Business Plan #1Business Plan #2
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 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.
How to Write a Business Proposal That Drives Action
10 Keys to Effective Business Writing
How to Write a Business Memo
MORE AI WRITING ASSISTANCE FROM GRAMMARLY
Learning how to create a business plan is just the tip of the iceberg. Discover
additional ways Grammarly can help you and your growing business thrive.
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