The 7‐allylated benzofuran derivatives were synthesized via a continuous reaction of Claisen rearrangement and annulation using o‐allyloxyetynylbenzene as starting material. In addition, it was observed that annulation of o‐alkynylphenol proceeded under mild conditions when carried out in the presence of a catalytic amount of TBAF. Furthermore, these continuous reactions could be achieved in a one‐pot reaction and afforded not only 7‐allylbenzofurans but also 7‐alkenylbenzofurans by controlling the reaction temperature and time of the annulation. Finally, we demonstrated that 7‐allylbenzofuran and 7‐alkenylbenzofuran could be converted into 7‐(2‐formylvinyl)benzofuran and 7‐formylbenzofuran derivatives, respectively. Therefore, various 7‐substituted benzofuran derivatives could be synthesized according to this synthetic strategy.