How does ProjectionSmart Help Trusted Advisors?
Nov 27, 2023 by Roger Scherping
Your clients rely on you to help them with their finances. Perhaps you prepare their monthly financial statements and balance their bank account. Or you analyze their financial results and advise them on ways to improve profitability or cash flow. Maybe you help them raise capital.
ProjectionSmart helps you turn your client’s backwards-looking financial statements into a forward-looking prediction. The process is quick and simple. We’ve done all of the hard work for you and put it into an online tool.
I created ProjectionSmart to help small business owners see their financial future. ProjectionSmart can help you do more for your clients and at the same time provide you with some strong benefits.
Benefits to your clients
I learned early in my career of turning around small companies the importance of seeing your financial future. With a clear view of your future:
- Crises can be anticipated
- Corrections can be made early on before problems become out of hand
- Required additional resources can be obtained before they are needed
- Different business scenarios can be quantitatively compared and assessed
- Peace of mind comes to the small business owner who can see where their business is headed
Clients benefit tremendously from seeing their future. No one drives their car looking through the rear window! Everyone drives their car looking forward through the windshield. That’s what you’re helping your clients do when you help them see their financial future and make decisions with the benefit of looking forward.
Benefits to trusted financial advisors
Wouldn’t you want their clients to experience all of the benefits above?
When you use ProjectionSmart to offer your clients an additional service, you also earn the following benefits for your consulting business:
- Improve client satisfaction and retention: Increase your clients’ level of satisfaction with your services by giving them invaluable information they are not currently receiving. In my experience, ProjectionSmart allows you to give your clients advice in an area that most of them don’t even know exists. And having happier clients means better client retention.
- Help your clients make better business decisions: How many of your clients would say that they make their decisions based on gut instinct rather than by careful use of quantitative financial data? Big business decisions require careful financial analysis.
- Differentiate your practice: Take your consulting business to a new level by offering a service that your competitors do not by helping them see their financial future.
- Grow your revenue: Adding a new service to your product offering means more revenue for you. How much is it worth to your clients to see their financial future? It could be an extra hour or two of billable time each month or a fixed-fee service.
Monthly prediction service
So add a monthly prediction prepared with ProjectionSmart to the services you provide your clients every month. ProjectionSmart is very simple to use, and it requires only a few minutes per month to achieve these many benefits.
Maybe you are able to bill for an additional hour each month to create their prediction, or maybe you bill them an additional fee for their prediction. It’s up to you.
When you do a monthly prediction with your clients, they will be more successful and more comfortable with their numbers. They will be anticipate and avoid problems, leverage resources more effectively, make more quantitative business decisions, and feel much better about their business’s future – all because of you!
On your side, you will increase your monthly revenue, have happier and longer-term clients, help your clients be more successful, and differentiate your practice.
After all, who doesn’t want happier and more successful clients and more revenue? Let us help.
Here’s a video to show you how easy ProjectionSmart is to use. Try out the new ProjectionSmart here.
Tags: prediction, trusted advisor, client, benefits