Roger recently appeared on the Small Small Business (SSB) podcast. Learn how SSB helps small businesses here. Roger discussed 10 reasons why you should do business projections. Here’s reason number ten. Roger Scherping: All right, number 10 I call “Stop managing by the seat of your pants,” or another way to say it, “Are you controlling your business, or is your business controlling you?” Do you ever feel like all you’re ever doing is reacting to the things that happen in your business? Do y... [continue reading]
Welcome to the ProjectionSmart Blog!
We want to share with you our thoughts on business projections, cash management, small business, entrepreneurship, finance, startups, and business planning.
Roger recently appeared on the Small Small Business (SSB) podcast. Learn how SSB helps small businesses here. Roger discussed 10 reasons why you should do business projections. Here’s reason number nine. Roger Scherping: OK, number nine on my list is: Project your cash balance. I don’t think there’s a financial metric that’s more important than your cash balance. I think it’s more important than sales or profits. If you don’t have cash, your vendors don’t get paid, or you miss a payroll, and ... [continue reading]
Roger recently appeared on the Small Small Business (SSB) podcast. Learn how SSB helps small businesses here. Roger discussed 10 reasons why you should do business projections. Here’s reason number eight. Roger Scherping: So, my next one is, understanding the financial impact of your business decisions. And I’ll start with a story. I know a guy once who bought three franchises, three retail franchises. And he opened the first one, and I came to his store, and I looked at it, and I said, “Oh, ... [continue reading]
Roger recently appeared on the Small Small Business (SSB) podcast. Learn how SSB helps small businesses here. Roger discussed 10 reasons why you should do business projections. Here’s reason number seven. Roger Scherping: OK, my number seven is, see your financial future. So I love this story. My dad told me once, he said, decision making isn’t difficult. He said, what’s difficult is gathering information. He said, how difficult would it be for you to pick the right stock to purchase if I g... [continue reading]
We’re excited to announce that ProjectionSmart is now partnering with FranNet to help entrepreneurs! FranNet is the leading franchise consulting firm and helps entrepreneurs find and evaluate the right franchise opportunity for them. From the FranNet website: FranNet provides education and support to individuals who are interested in exploring self-employment as a career option through franchised business ownership. Who we are We’re experienced, local franchis... [continue reading]
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