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Not every business idea is a winner. It may look good on paper but lacks qualities that allow your new business to grow. Learn how to identify those traits and determine if your idea is actually good.
Tools like ChatGPT, Claude, and Bard have opened up intriguing new possibilities for entrepreneurs looking to streamline the business planning process.
Financial projections are not just wild guesses about how much money you’ll make. Instead, they are based on reliable data, market research, and sensible assumptions. They show potential investors that you’ve done your homework, that you understand the marketplace, and that you’re serious about making your business a success.
Unlock advanced financial forecasting in ChatGPT with prompts to help with trend analysis, scenario planning, sensitivity analysis, and industry benchmarking.
While a visual pitch deck is necessary when pitching, it can also be valuable to just show off your business plan. Here’s how to turn your plan into a convincing presentation.
Learn how to use ChatGPT to create a financial forecast for your business and use it in combination with planning tools. Sample prompts included.
![Can You Use ChatGPT to Write a Business Plan? Yes, Here’s How [Updated Spring 2025]](https://web-cdn.liveplan.com/liveplan/content/uploads/2023/04/17071008/LivePlan-Headers-2022-12.jpg?format=auto "Can You Use ChatGPT to Write a Business Plan? Yes, Here’s How [Updated Spring 2025]")
Learn how to use ChatGPT to write your business plan, including the limitations and benefits to be aware of when using AI for business planning.
Learn how you can support your business goals by creating an effective business strategy in just five steps.
The old way of running a business doesn’t work anymore. Discover why every small business needs to adopt a growth planning mindset to truly thrive.
There’s an alternative to the Business Model Canvas that’s more flexible and easier to use. This guide explains how and includes a downloadable template.