If you are not willing to pay $445/ month on Prometai or $99 on 15Minutebusinessplan then I have 3 free alternatives for you. You can use these alternatives to write a business plan in 20 to 30 mins if you have all the information.
Business Plan Template PDF
Business Plan Template PDF has a itegrated ai business plan writer which includes both financial calculations and ai content generation. There are 7 steps in the business plan writer. The 1st step will ask you for basic information such as business name, industry type, products or services, etc. The 2nd step will ask you for promotional budget and details related to number of customers.
Promotional budget is important because revenue is dependent on the number of customers and the number of customers depend on the promotional spending along with some organic customers. For e.g. if I spend $100 on Google Ads and it takes $10 to acquire each customer then I am getting $100/$10 = 10 customers from Google Ads. If the average revenue per customer is $100 then my annual revenue is $100 * 10 = $1000.
Then in the next step you will be asked about your revenue sources. The Ai business plan writer will ask for your revenue line items, price of each item and frequency of purchase per year. In addition, it will also ask you for your variable cost and fixed cost. Variable cost is directly related to your revenue or number of sales. This means that the more sales will incur more variable costs. On the other hand, fixed cost does not depend on revenue generation.
Now let’s move on to the step of investment and Capital Expenditure. The entire business plan and financial model depends on 3 factors; Investment, Revenue and Cost. Investment allows you to buy Fixed Assets which are used for revenue generation and as you generate revenue you incur variable and fixed costs. In this step, you will be asked about how much money you wish to invest, will it be equity or debt. You will be asked about where you will invest.
Laundromat Business Plan
Laundromat Business Plan is similar to the previous example but it is specialized for laundromat business plans. It is relatively new to the business plan writers market but it’s free business plan writer can help you generate a business plan in 20 mins.
Skyrocketbpo
Skyrocketbpo is writing business plans for around 2 decades now. In fact, its founder worked with Growthink and OGS Capital during their initial years. They have gained more market share than the 2 due to lower prices and better output of work. Their senior managers have prior experience of working on mega projects like the Aramco Mt41 plant which was commissioned on 4th April 2017. They have recently introduced a free ai business plan writer which can be used to write a business plan in just 15 minutes and it’s even better than 15minutesbusinessplan.