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



A business projection is not an accounting tool! It's a management tool. Whether you're starting a business or your business has been around for a while, understanding the numbers of your business is critical to your success. I've asked many entrepreneurs how they know it's the right time to expand their business or whether they can afford to hire a new employee. Their answer worries me because it's usually a shoulder shrug followed by, "I just go with my gut." You've got too much riding on your b... [continue reading]

At ProjectionSmart, we’re all about business planning. I searched “business planning” on Google, and all I found was countless articles on writing business plans: “How to Write a Write a Business Plan” and “How to Write the Perfect Business Plan.” Another article, despite its title of “Definition of Business Planning,” was also all about the importance of a business plan. So what is my definition of business planning? I say that it means briefly pausing in the performance of your day-to-day activi... [continue reading]

I recently did a blog called "The Best Article You’ll Read on Cash Flow," so I thought I would share this video about the Statement of Cash Flows (SCF). The SCF is the most important but also the most overlooked of the financial statements. QuickBooks can easily prepare the SCF for you. Watch this video, and I think you will start paying attention to your SCF.   [continue reading]

We just completed a survey of our customers. Thank you for participating! We hope you are enjoying your Starbucks gift card as a sign of our appreciation. Our goal was to understand what you thought about projections, how well you understood them, and how you do them. Here’s what we learned. 1. People like you, who understand what a good financial plan can do for you, make up a minority of business owners! You may be in a business that runs on numbers (say, manufacturing), or you may just b... [continue reading]

I spent a couple of hours reading quite a few articles on the Internet about cash flow. There were titles like, “How to Manage Cash Flow,” “Cash Management Tips to Grow Your Business,” and “What is Cash Flow and How Do I Manage It?” I thought I’d save you the trouble of reading them all and summarize for you what I learned. “Cash is King” The first thing I learned is that “Cash is King.” I think every article contained that over-used phrase. Of course, that lack of creative expression doesn’... [continue reading]


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Five stars

"ProjectionSmart has given me more confidence to open my own business after seeing the numbers being crunched and what it will take to breakeven and make profits."
~ Dylan, small business owner

Five stars

"ProjectionSmart is very easy to use. It's fabulous how I can quickly see the status of my business in just the 5 graphs. ProjectionSmart is like my electronic accountant."
~ Bill, CEO of software developer

Five stars

"ProjectionSmart 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

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