Sadly, one of every two startup businesses fails within the first three years. But it’s possible to increase your odds by more than 50%. The number one criterion that separates successful startups from failed startups is this: Understanding the numbers of your business. Think about this. You know what you’re going to sell. You know who your customers will be, and you know how you’re going to market. But are you confident you’re charging enough? What will your startup costs come to? How much cash d... [continue reading]

At ProjectionSmart, we are all about planning. Remember that old adage: Failing to plan is planning to fail! Entrepreneurs If you’re an entrepreneur, planning means determining whether your new business concept makes financial sense. You need to have solid answers to questions like whether your idea can make a profit, whether your new business will pay you what you need to earn, and whether it will turn cash flow positive quickly enough.  That’s why we created our Startup financial model.... [continue reading]

I recently read an article called “Corporate employees working from home are creating a surge in startups” by Gene Marks in The Guardian. You can read the article here https://amp.theguardian.com/business/2020/nov/19/small-business-startups-corporate-employees-pandemic People often say that a recession is a good time to start a business, but this article says that the current pandemic has created the perfect storm for young entrepreneurs. The millennial generation, who have been demanding more flex... [continue reading]

At ProjectionSmart we posted a blog on May 5 in which we quoted Mark Cuban as saying that this is the perfect time to start a business. Cuban said that lack of capital is not an issue because you should be bootstrapping anyway, and you should start with just a small step. You theoretically have more time on your hands now, so you could use that extra time to take a small step toward starting your dream business. Well, on the Business 2 Community website last month, Joseph Chukwube wrote an interesting... [continue reading]

Bruce Roles is a mechanical engineer with a solid background at manufacturing companies in the rubber, concrete, and precision tooling industries. In his roles as Director of Operations he has developed extensive experience with Lean, ISO, Continuous Improvement, and EOS (Entrepreneurial Operating System). When he found himself in transition in late 2019, he devoted himself wholeheartedly to his job search, networking extensively with people in the community with close ties to manufacturing companies. ... [continue reading]


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Five stars

"Simple and effective product for creating your financial projections!"
~ Elijah, Entrepreneur

Five stars

"Roger and staff are wonderful to work with! Such a great planning tool for small businesses!"
~ Sam, Entrepreneur

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

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