You don’t want to be an accountant, and you don’t have to be one to run your own small business. You’ve got a bookkeeper to take care of your accounting, and you have a CPA to do your taxes. But in order to talk intelligently to your banker, your managers, or other small business owners, there are a few finance terms that you simply must understand. Don’t worry; these concepts are easy to understand when they are explained simply. In fact, you probably already understand them just from your experience... [continue reading]

This blog is part 2 of the most common financial mistakes that I’ve seen small business make in my 30 years of small business experience. In part 1 I discussed not understanding your numbers of your business and thinking that profit is the same thing as cash flow. Today I have two more for you. Avoid these big ones and you’ll miss some potentially huge setbacks. Mistake #3: Markup is not the same as Margin I have seen this mistake many, many times. People use the terms Markup and Margin interchan... [continue reading]


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Five stars

"ProjectionSmart is a resourceful tool for getting a realistic view of future projections. It is easy to use and very helpful in planning for a future business."
~ Sam, entrepreneur

Five stars

"I signed up to gain some insights on expanding my current small business. With the resources they provided, the Proof Plan and ProjectionSmart, 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

Five stars

"ProjectionSmart was incredibly helpful in allowing me to process and display data from my future business in a way that was easy to both read and understand."
~ Joel, small business owner

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