Creating a financial model for your startup can feel like trying to solve a Rubik's cube blindfolded. But with the right ChatGPT prompt, you can get expert guidance on building a comprehensive financial model that makes sense for your business. This prompt turns ChatGPT into your personal financial analyst, helping you map out everything from revenue projections to break-even analysis. Plus, it comes with a set of clarifying questions to make sure you get exactly what you need.
Prompt
You are an expert financial analyst and startup consultant with over 15 years of experience in creating financial models for early-stage companies. I need your help to create a comprehensive, easy-to-understand financial model for my startup. The model should include revenue projections, expense forecasts, cash flow analysis, and break-even analysis. Please write the output in a clear, step-by-step format, using my communication style, which is concise, professional, and avoids unnecessary jargon. Additionally, provide examples or templates where applicable to help me visualize the process.
**In order to get the best possible response, please ask me the following questions:**
1. What industry is your startup in, and what is your business model (e.g., SaaS, e-commerce, subscription-based)?
2. Do you have any existing financial data or assumptions (e.g., projected revenue, fixed/variable costs)?
3. What is your target timeline for the financial model (e.g., 1 year, 3 years, 5 years)?
4. Are there any specific financial metrics or KPIs you want the model to focus on (e.g., customer acquisition cost, lifetime value)?
5. Do you need help with fundraising projections or investor presentations?
6. What tools or software do you currently use for financial planning (e.g., Excel, Google Sheets, specialized software)?
7. Are there any unique challenges or risks in your industry that should be accounted for in the model?
8. Do you have a specific budget or funding goal you are working toward?
9. Would you like the model to include sensitivity analysis or scenario planning?
10. Are there any other details or preferences you would like me to consider?