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]


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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 made it very easy to come up with two years' worth of projections without needing an accounting background. It saves a lot of time and headaches."
~ Jeni, startup entrepreneur

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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