We want to share with you our thoughts on business projections, cash management, small business, entrepreneurship, finance, startups, and business planning.



Assets equal Liabilities plus Owners Equity. Debits equal credits. Sales minus cost of goods sold equals gross margin. Have I lost you yet? One of the reasons people dread the idea of doing financial projections is that they don’t like accounting. No, wait. They REALLLY don’t like accounting. They think that accounting is so esoteric and so complicated that they couldn’t possibly understand it -- like nuclear physics or the theory of relativity. When I was a CFO, I tried to explain financial statem... [continue reading]

I recently read this article at The BluePrint. I like it because it nicely explains how a financial projection is done, and because it correctly points out that the most popular small business accounting packages like QuickBooks simply can’t help you do a financial projection. They’re just not made for that. This is the need that ProjectionSmart meets so nicely. The article explains that large companies have big finance staffs and expensive ERP programs that have everything they need to produce great ... [continue reading]

If you are considering starting your own business, please join Bob and me on Saturday, January 18, 2020 for our next workshop, called “The ProjectionSmart Proof Plan.”  We are once again holding this workshop through the Minneapolis office of SCORE (Service Corp of Retired Executives). Statistics show that the best way to help your new business succeed is to plan! Businesses that have a plan succeed far more often than those that start without a solid business and financial plan. We’ll show you the si... [continue reading]

This week I met with three entrepreneurs who Bob and I met through a workshop on business planning that we hosted for SCORE (Service Corp of Retired Executives). All three entrepreneurs are starting or running small businesses. I love working with entrepreneurs and have great respect for their vision, determination and confidence. They told me about their businesses, and I told them how ProjectionSmart could help them understand the numbers of their businesses. ProjectionSmart Startup One of the entr... [continue reading]

Here's a great article on doing the financial projections you need for a business plan. The author breaks down the process exactly like ProjectionSmart does. You can find the original article here. Writing a Business Plan—Financial Projections Spell out your financial forecast in dollars and sense By Daniel Richards Updated April 13, 2019 Creating financial projections for your startup is both an art and a science. Although investors want to see cold, hard numbers, it can be difficult to p... [continue reading]


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Five stars

"ProjectionSmart Growth is very easy to use for the small business owner who wants to assess his finances and know where his cash is going. It is extremely helpful to me in making more informed business decisions. It gives me peace of mind."
~ Justin, CEO of professional services firm

Five stars

"Simple and effective product for creating your financial projections!"
~ Elijah, Entrepreneur

Five stars

"As someone new to starting up a business, the tools provided via ProjectionSmart were a great asset. Easy simple way to develop the financial picture for your new enterprise that help clarify what it was going to take to get started and to insure you didn't miss something. All of that at an affordable price. "
~ Bruce, Entrepreneur

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