Ballpark figures are estimated numerical values that provide a rough idea of what something may amount to when a more precise number is not readily available. They serve as placeholders, aiding in discussions, estimations, and quick assessments, especially when you’re in the early stages of evaluating your startup idea. In this guide, we’ll show you how to leverage ballpark figures to swiftly project the viability of your startup concept without the need for a comprehensive business case. However, first let’s see why Ballpark Figures are essential for startups