At ProjectionSmart we talk about how important it is for you to understand your numbers, but what do we mean by that? Understanding your numbers means knowing what numbers are critical to your business, exactly how each number affects your profitability, and how to impact those numbers to make your business more successful. Let’s think about a baseball team. Imagine that this team kept no statistics (i.e., numbers) about how they were doing. During the game the players and the manager didn’t know ... [continue reading]

I met with a new client this week. They are an excavating company that clears, fills, and grades land before a building is built. The managers are all young and know their business very well. They want help establishing the systems and processes that they know they need to grow their business profitably. There is one area in particular about which they knew very little, and that’s financial reporting. I don’t think any of them even knew what an income statement was. But since they understood their bus... [continue reading]


Tag Cloud

[ ProjectionSmart ] [ startup ] [ numbers ] [ succeed ] [ fail ] [ Planning ] [ Plans ] [ Budget ] [ Projection ] [ Number ] [ Plan ] [ Balance Sheet ] [ Cash Flow ] [ control ] [ failure ] [ crystal ball ] [ financial picture ] [ future ] [ options ] [ risk ] [ model ] [ income statement ] [ P&L ] [ equity ] [ bizowner ] [ micro-business ] [ entrepreneur ] [ Proof Plan ] [ banker ] [ investor ] [ mistakes ] [ profit ] [ cash ] [ mistake ] [ sales ] [ margin ] [ markup ] [ margin percentage ] [ business plan ] [ business planning ] [ bootstrap ] [ bootstrapping ] [ debt ] [ bank ] [ investors ] [ success ] [ turnaround ] [ Growth ] [ financial statements ] [ fear of finance ] [ see the future ] [ confront your concerns ] [ proof ] [ forecast ] [ look ahead ] [ financial model ] [ financial projection ] [ failure rate ] [ first year ] [ decision making ] [ sales forecast ] [ expenses ] [ insights ] [ SCORE ] [ The Blueprint ] [ projections ] [ templates ] [ spreadsheets ] [ loan ] [ accounting ] [ Gross margin ] [ gross profit ] [ net income ] [ better business decisions ] [ financial projections ] [ overhead ] [ accounts receivable ] [ accounts payable ] [ revenue per employee ] [ business plans ] [ Finances First ] [ crisis ] [ scenario ] [ Predict ] [ CPA ] [ accountant ] [ spreadsheet ] [ Cuban ] [ manage ] [ companies ] [ subscriptions ] [ start ] [ business ] [ entrepreneurs ] [ create ] [ confidence ] [ Startups ] [ small business ] [ cash flow statement ] [ entrepreneurship ] [ cash basis ] [ accrual basis ] [ podcast ] [ see ] [ pandemic ] [ banking ] [ regulatory ] [ decisions ] [ finances ] [ accrual ] [ taxes ] [ RAAP ] [ cash management ] [ financial impact ] [ troubled ] [ strategy ] [ peace ] [ struggling ] [ reasons ] [ banks ] [ FranNet ] [ franchise ] [ information ] [ intuition ] [ proactive ] [ reacting ] [ tactics ] [ survey ] [ tool ] [ statement of cash flows ] [ vision ] [ goals ] [ subscription ] [ Excel ] [ QuickBooks ] [ understand numbers ] [ costs ] [ scale ] [ advisor ] [ prediction ] [ trusted advisor ] [ client ] [ benefits ] [ Process ] [ monthly ] [ forward-looking ] [ forward ] [ backward ] [ staff ] [ modeling ] [ predictions ] [ pricing ] [ reports ] [ Linked User ]

Five stars

"ProjectionSmart is an exceptional tool to help study financials and prepare projections. With little to no background in accounting, I have found this to be an amazing tool and resource for my business. It is really easy to use with excellent support if you need additional help. I would recommend this program to small business owners or anyone who seeks help in this area."
~ Stephanie, Small business owner

Five stars

"This is a very helpful program for budding entrepreneurs!"
~ Parker, Entrepreneur

Five stars

"ProjectionSmart is like my crystal ball!"
~ Brent, veteran small business owner