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]

As an experienced entrepreneur (or BizOwner) and college entrepreneurship instructor, I have answered questions from over a thousand students looking for advice on how to start a business. A few months ago, a student in one of my classes raised his hand and asked, “Okay, Bob, you’ve given us lots of great advice and feedback, but if you could boil it down, what is the single best piece of advice you can offer about starting a business?” I remember saying something about keeping focused on customers, b... [continue reading]


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Five stars

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

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

"I found ProjectionSmart to be user friendly and extremely insightful. I am grateful to have had this as a resource!"
~ Cody, Entrepreneur

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