Financial Modeling & Data Extrapolation (Excel) for Startups

These websites and YouTube channels will walk you through step by step of how to make the
appropriate financial calculations and models for your startup ranging from cost expenditures to
cash flows to revenues etc.
https://www.wallstreetmojo.com/break-even-point-in-excel/

https://www.startuprocket.com/articles/startup-financial-modeling-part-4-the-balance-sheet-cash-
flow-and-unit-economics

https://upmetrics.co/blog/write-financial-section-startup-business-plan

https://www.hubspot.com/startups/startup-financial-statement-template

https://www.hubspot.com/startups/startup-financial-projections-template/

https://www.ey.com/en_nl/finance-navigator/the-ultimate-guide-to-financial-modeling-for-startups

https://www.openvc.app/blog/startup-financial-model

https://www.youtube.com/watch?v=gZFfoiYkL-U

https://www.youtube.com/watch?v=812zoKFPCYc

https://www.youtube.com/watch?v=zvDl1z9D4x0

https://www.youtube.com/watch?v=Wws6T9uPVfA

https://medium.com/cube-dev/excel-for-startups-simple-financial-models-and-dashboards-2b7c9
9580992

https://fastercapital.com/content/Use-Excel-to-Create-a-Startup-Financial-Model.html

https://www.wallstreetmojo.com/financial-modeling-in-excel/

The best way to go about determining a starting point for our data is by using existing data from
comparable firms and industries that are already doing what we're doing or is similar to our
business model and then expand to include day to day operations, costs, daily sales etc.

Language learning models can help in finding and analyzing this data and then you have the
usual resources like Yahoo finance, market watch, CNBC, and Bloomberg that also have
publicly available data to extract from. Once we get the data then we can start to forecast our
own numbers and daily operations.
Then you can make it into an excel spreadsheet and or PDF and send it to the Language
Learning Models. Then have the LLMs summarize the numbers. You can have it scale down the
numbers to a certain percentage like "please extrapolate the available data for daily operations
and sales down to 20% of daily operations for the first year". It's very resourceful.

Here are a few LLMs that I use. Claude.ai, Chat GPT 3.5 & 4. Use the most recent version (this
one can hallucinate since it works on outdated info from 2021). Microsoft Bingai, Google Bardai,
chatsonic, https://pi.ai/, https://www.perplexity.ai/,
https://www.g2.com/products/perplexity/competitors/alternatives/small-business.
https://you.com/