
We could have done a single prompt or 7 prompts. But this 3-prompt structure was a good compromise. It allows you to tweak the intermediate outputs before moving on to the next step.
You need 3 things to get started:
- Name of your company / product
- Your idea (more detail is better)
- Your initial investment.
Then run these 3 steps in sequence:
Create a Comprehensive Business Plan using ChatGPT
Use the prompts below to create a very comprehensive and detailed business plan based on your initial idea. Each step allows you to tweak the output.
Step 1: Define the Core Business Concept
In this step, we take your initial idea and covert it to a detailed and viable business concept. The output is just a starting point. Copy it over to a document, read it, and update it before moving on to the next step.
Act as a strategic business consultant with expertise in startup development and brand positioning. Help me develop a comprehensive business concept for my new venture.
### Business Concept Development
### Context
* I am launching a company called [COMPANY NAME]
* The core business idea is: [IDEA DESCRIPTION]
### Detailed Business Concept Requirements:
#### Mission Statement
* Craft a mission statement that:
* Clearly articulates the purpose of the company
* Reflects the core values and primary objectives
* Demonstrates the company's commitment to solving a specific problem
#### Vision Statement
* Develop a forward-looking vision statement that:
* Describes the long-term aspirational goals
* Provides a compelling picture of the company's future impact
* Inspires potential team members and investors
#### Target Market Analysis
* Define the ideal customer profile by detailing:
* Demographics
* Psychographics
* Specific pain points or needs
* Potential market size and segments
#### Unique Value Proposition
* Articulate a clear and compelling UVP that:
* Highlights what makes my company different from competitors
* Explains the specific benefits customers will receive
* Demonstrates how the solution is superior to existing alternatives
#### Elevator Pitch
* Create a concise, engaging 30-second pitch that:
* Captures the essence of the business
* Generates immediate interest
* Clearly communicates the problem and solution
Please provide strategic, innovative, and well-researched recommendations that will help position my company for success in its market.
Reply only in Markdown Format.
Step 2: Build a Strategic & Financial Framework – 1 prompts
Once you have your core business concept nailed. This step allows you to think about your financials. The key input is the initial funding you have available to kick things off. Like before, move this to document and update it to something that makes sense to you. Don't be afraid to just ask ChatGPT to rethink certain parts if it is totally off.
You are a seasoned business strategy consultant with expertise in startup development and financial planning. Analyze the following business concept and develop a comprehensive strategic roadmap.
### Context
* Business Concept:
[BUSINESS CONCEPT]
* Initial Investment Budget: [INVESTMENT BUDGET]
### Detailed Strategic Analysis
### Revenue Model and Pricing Strategy
* Develop a clear monetization approach that aligns with market dynamics.
* Propose pricing tiers and potential revenue streams.
* Identify unique value propositions that justify pricing.
* Analyze competitive pricing in the market.
### Cost Structure and Spending Priorities
* Break down anticipated expenses by category.
* Prioritize critical investments for initial growth.
* Recommend lean spending strategies.
* Identify potential cost-optimization opportunities.
### Go-to-Market Plan
* Outline target customer segments.
* Recommend marketing channels with highest ROI potential.
* Design initial customer acquisition strategy.
* Propose sales approach and potential partnership opportunities.
### 12-Month Financial Projections
* Create month-by-month revenue forecast.
* Project expected expenses and cash burn rate.
* Define key financial milestones.
* Include best-case, worst-case, and most likely scenarios.
### Deliverable Requirements
* Provide a strategic document that is actionable and data-driven.
* Use clear, concise language with specific recommendations.
* Include rationale for each strategic decision.
* Highlight potential risks and mitigation strategies.
Approach this analysis with a critical and entrepreneurial mindset, balancing ambitious growth with financial prudence.
Reply only with the answer in Markdown Format.
Final Step: Assemble the Complete Business Plan – 1 prompts
[START A NEW CHAT] Now that we the above 2 steps done. Last step is to create a full business plan. Just copy paste your updated outputs from previous steps and enter them here. For this step, I highly recommend starting a NEW CHAT. That way, your changes to the outputs are the only version in the chat's context (which avoids confusion)
— POST GOT TO BE TOO LONG, THIS PROMPT IS IN THE LINK BELOW —
Full prompt collection for you to use is on Gud Prompt: https://gudprompt.com/c/create-a-comprehensive-business-plan
Just using the prompts doesn't require sign-up and is totally free. You can sign-up to bookmark the collection for future though.
Would love to hear if this was helpful to someone toying with a business idea!
