How to Write a Business Plan with AI Quiz

Answers and explanations appear as you take the quiz.

1. An AI draft says your market is worth '$4.2 billion, growing 12% a year' and names a report as the source. What is the right response?
   • Treat the figure as unverified until you find and read the source yourself
   • Include it, because AI only names real reports
   • Round it up to make the opportunity clearer
   • Replace it with a larger estimate
2. What is a bottom-up market estimate?
   • Taking an industry-wide figure and assuming you win a share of it
   • Asking the AI for the total market size
   • Using the largest competitor's revenue as your target
   • Multiplying a countable number of reachable customers by a realistic price
3. Fixed costs are $6,000 per month and each sale contributes $15. How many sales per month are needed to break even?
   • 150
   • 400
   • 900
   • 6,015
4. Which prompt best pushes back on your assumptions?
   • Make this plan sound more impressive to investors
   • Write a 100-word executive summary
   • Argue why this business will fail and rank my assumptions by how much the plan depends on each
   • List synonyms for 'growth'
5. Why keep financial projections in a spreadsheet rather than asking the AI to calculate totals in chat?
   • Arithmetic across many steps can drift in a language model, while spreadsheet formulas can be checked and reused
   • Every bank requires a specific spreadsheet brand
   • AI assistants cannot read numbers at all
   • Spreadsheets connect you to investors automatically
6. Which section of a business plan is usually best written last?
   • Market analysis
   • Operations
   • Executive summary
   • Competitive analysis
7. What does an assumption register record?
   • The names of competitors' employees
   • Standard legal disclaimers
   • The prompts you used with the AI
   • Each key assumption, its source, your confidence in it, and the effect if it turns out worse
8. When comparing competitors with AI, what is good practice?
   • Let the AI fill in unknown prices with its best estimates
   • Give it public information you gathered and have it mark gaps as unknown so you can check them
   • List only the competitors the AI already remembers
   • Leave competitors out if the data is incomplete