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



It’s clear that there has never been a year like 2020. I remember the Great Recession of 2007 to 2009 as a terrible time for business, but even the Great Recession did not generate the large number of small business failures, the extensive unemployment, or the widespread disruption in everything from consumer goods supply to our daily commute-based work lives that the pandemic has caused. Shawn Gardner, a commercial banker at BNC Bank in Minneapolis, told me recently that the pandemic is going to have... [continue reading]

I recently read an article called “Corporate employees working from home are creating a surge in startups” by Gene Marks in The Guardian. You can read the article here https://amp.theguardian.com/business/2020/nov/19/small-business-startups-corporate-employees-pandemic People often say that a recession is a good time to start a business, but this article says that the current pandemic has created the perfect storm for young entrepreneurs. The millennial generation, who have been demanding more flex... [continue reading]

Bob and I recently had the pleasure to be on The New World of Work podcast with Cat Breet. Our topic was “Will Your Business Succeed?” As Cat said: “Money. As a small business owner, it’s at the top of your “gotta have it” list. The #1 reason for small business failure is that they just can’t bring in enough revenue. Let’s make sure that doesn’t happen to you! ProjectionSmart is a remarkable little tool to help you see – with absolute clarity – what adjustments you need to make in your business to mak... [continue reading]

I often talk with my clients about their financial statements, and I’ve learned that most people think about profit and loss in terms of cash. They say things like, “We had a great month because we got paid $50,000 from our best client,” or, “This was a bad month because we had to pay lots of bills.” In other words, they think that their income statement should reflect when they get paid and when they pay their bills. That’s what we call the cash basis: Nothing happens until cash changes hands. That m... [continue reading]

In a recent article in Inc., Martin Zwilling wrote an article called “9 Success Principles to Supercharge Your New Business Venture.” Although he talks about how to start a company that will make you the world’s next billionaire, I think these principles apply equally well if you’re considering something equally admirable if slightly less ambitious, like starting a local business or setting out to earn a living as a solopreneur.                                           Zwilling says not to be blinded ... [continue reading]

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Testimonials

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

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"I signed up to gain some insights on expanding my current small business. With the resources they provided, the Proof Plan and Startup tools, it has been considerably easier for me to write a business plan since I'm simply answering 21 questions. Thank you, Roger and Bob!"
~ Kristen, Small Business Owner

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"ProjectionSmart is an incredibly valuable tool for anyone looking to start their own business. It gives a great layout of the trajectory of your business based on the numbers you provide. If you want to remove a lot of the unknown and confusion that comes with starting your own business, I definitely recommend using ProjectionSmart!"
~ Brady, Entrepreneur

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