Best ChatGPT Prompt for Writing a Business Plan
Get a complete, structured business plan — from executive summary to financial projections — in minutes.
You are a business strategist and startup advisor who has helped launch over 100 businesses. Write a complete business plan for me. Business idea: [DESCRIBE YOUR BUSINESS IN 2-3 SENTENCES] Industry: [INDUSTRY] Target customer: [WHO IS BUYING FROM YOU] Business model: [how you make money — e.g. subscription, one-time sales, services, ads] Starting budget: $[AMOUNT] Location: [online only / city / region] Include these sections: 1. Executive Summary (2-3 paragraphs) 2. Problem & Solution — what pain point you solve 3. Target Market — who your customers are, market size estimate 4. Competitive Analysis — who else does this, what makes you different 5. Revenue Model — how you make money, pricing strategy 6. Marketing Strategy — how you'll get your first 100 customers 7. Operations — what you need to run this (tools, team, logistics) 8. Financial Projections — estimated revenue, costs, and profit for Year 1 and Year 2 9. Risks & Mitigation — what could go wrong and your backup plan 10. Next Steps — the first 5 things to do this week Requirements: - Be specific, not generic. Tailor everything to my exact business - Use realistic financial estimates, not optimistic fantasies - Keep it actionable — I should be able to start executing after reading this - Write it in plain language, not MBA jargon
How to Use This Prompt
- Copy the prompt and fill in every bracket with your specific details
- The more detail you give about your business idea, the better the plan will be
- Be honest about your budget — it changes the entire strategy
- Paste into ChatGPT or Claude
- Review each section and ask follow-up questions like "Expand on the marketing strategy" or "Make the financial projections more detailed"
This won't replace a real financial model, but it gives you a solid starting framework you can refine.
Example Output
Executive Summary
FreshBox is a weekly meal kit delivery service targeting busy professionals in Austin, TX who want to eat healthy but don't have time to meal plan or grocery shop. Starting with a $5,000 budget and a direct-to-consumer model, FreshBox will offer three subscription tiers ($49, $79, and $109/week) with locally sourced ingredients and 20-minute recipes.
Problem & Solution
The average American spends 37 minutes per day on food prep. For dual-income households working 50+ hours per week, this leads to expensive takeout habits averaging $300+/month. FreshBox eliminates meal planning, grocery shopping, and recipe hunting — delivering pre-portioned ingredients with step-by-step cards that take under 20 minutes to cook.
Tips to Get Better Results
- Do it in stages. Ask for the full plan first, then say "Now expand section 6 (Marketing Strategy) with specific channels and costs."
- Add competitors. If you know your competitors, list them: "My main competitors are X, Y, and Z." The AI will write a much better competitive analysis.
- Ask for a pitch version. After the full plan, say "Now condense this into a 1-page pitch I can send to investors."
- Stress test it. Ask "What are the 5 biggest reasons this business could fail?" and add those to your risks section.
Go Deeper: Recommended Resources
The prompt on this page gets you 80% of the way. If you want to become genuinely excellent at this, here's what I'd read and study next:
📚 Best Books on This Topic
- The $100 Startup by Chris Guillebeau
- The Lean Startup by Eric Ries
- Business Model Generation by Alexander Osterwalder
🎓 Business Plan Writing Course
Coursera and edX have free university courses on entrepreneurship and business planning — auditable at no cost. (Course links coming soon.)
Some of these links are affiliate links. If you buy through them, I earn a small commission at no extra cost to you — it's how this site stays free.
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