15minuteplan.ai is a dedicated AI tool designed to generate business plans quickly and efficiently. It simplifies the process of creating a comprehensive business plan by asking the user to fill in basic business information and then uses advanced AI language models such as GPT-3.5 and GPT-4 to create the plan.

The AI coupled with the 'Talk To Plan' feature allows users to edit their plans with ease, catering to changes as per their requirements. The tool is calibrated to be useful for a wide range of entities, from entrepreneurs seeking investor funding or a bank loan, to individuals looking to create a business plan for self-learning or for non-financial institution submissions.

The AI tool is fully capable of generating business plans in multiple languages, expanding its usability to a global audience. Moreover, it claims to have been approved by the SBA and is purported to follow most banks' business plan templates.

This tool pulls knowledge from the entire internet, including books, business plan examples, and has demonstrated its capability by purportedly passing the Wharton MBA Exam.