How to use AI for business plan research: locations, costs and funding

What does this setup do?

Compare a few places for a business idea, estimate startup and monthly costs as ranges, list funding to check, and draft a simple launch plan, then point out gaps against your background.

Who is it for?

People who need answers on where a business should be, what it will cost, who might fund it, and how people will find it, before they bet on the idea.

How do you set it up?

Tools

• Location bot: compares 3 to 5 places you're considering, with risks, pros, and cons for each.
• Money bot: rough startup and monthly cost estimates, plus grants, loans, and other funding to look into.
• Marketing bot: who the first customers are, where they hang out, and a simple launch plan.
• Review step: checks your own CV or background against the plan and points out gaps.

Steps

1. Location bot: compares 3 to 5 places you're considering, with risks, pros, and cons for each.
2. Money bot: rough startup and monthly cost estimates, plus grants, loans, and other funding to look into.
3. Marketing bot: who the first customers are, where they hang out, and a simple launch plan.
4. Review step: checks your own CV or background against the plan and points out gaps.

I'm researching a business plan for [BUSINESS IDEA] in [REGION].
1. Compare these locations: [PLACE 1], [PLACE 2], [PLACE 3]. For each: risks, pros, cons, rough rent or space cost, and who nearby would buy.
2. Estimate startup costs and monthly running costs as ranges. Show where each number came from.
3. List funding options to check (grants, loans, small-business programs) with links to the official pages.
4. Draft a simple marketing plan for the first 90 days.
5. Read my background below and list the gaps I'd need to fill.
Mark every number as an estimate and every claim you couldn't source.
My background: [PASTE CV OR SUMMARY]

Which chat tools work with this prompt?

Paste the prompt into any of these assistants (free or paid tiers).

• ChatGPT
• Claude
• Perplexity

What tips make it smoother?

• Mark every number as an estimate and every claim you couldn't source.
• Any AI bot that can search the web and cite sources works. Ask for sources and ranges.
• Always confirm eligibility and deadlines on the official program page.

Where do the claims come from?

Summaries use public sources linked below, not independent verification. How setups are picked.

• Read @MusesPagoda’s write-up (x.com)

  @MusesPagoda: Says they're working toward opening a school for traditional and medieval arts, and that in a few days their bots analyzed possible locations with risks, pros, and cons. They say a marketing bot is helping too, along with work on finances, funding, cost estimates, the course list, and a review of their CV. Their claim; no plan shared.