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Latest StartSmart Product Updates – New features – May 2024
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May 8, 2026

Latest StartSmart Product Updates – New features – May 2024

Latest StartSmart Product Updates – New features – May 2024
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As we continue to dedicate ourselves to simplifying the FP&A process for small business owners, we're thrilled to announce two significant product updates to our StartSmart solution.

Our latest release makes it effortless for entrepreneurs to organize, forecast, and compute employee costs, including wages, payroll taxes, and benefits.

With this new feature, Projection Genie users can now seamlessly calculate all payroll expenses directly within the platform and integrate them into their projections. What's more, we've simplified the process further by automatically applying publicly listed U.S. state and federal payroll taxes to your estimates, elevating the accuracy of your projections.

Simply input your hourly rates, salaries, position locations, start and end dates, along with a few additional details, and voila! Our platform takes care of all calculations for you. Say goodbye to manual number-crunching and hello to effortless financial planning.

Our second release empowers aspiring restaurateurs to thoroughly validate the financial viability of their restaurant concepts and craft detailed financial projections with confidence.

With this new feature, Projection Genie users can throw away clunky spreadsheets and effortlessly determine startup costs, operating expenses, revenue projections, and timelines for breaking even and achieving profitability—all within our platform. Simply customize parameters such as the number of shifts, average order values, growth rates, days of operation, and seating capacity, and our platform will automatically generate detailed projections for you.

Give these new features a try today and visit www.projectiongenie.com to discover the seamless financial planning and analysis capabilities of Projection Genie StartSmart for your next business idea!

How do you compare against other financial planning & analysis (FP&A) software?

RunSmart is built specifically for small business owners who need a clear understanding of where their business stands today and how decisions will shape what comes next. While many FP&A platforms emphasize dashboards and complex configuration, RunSmart focuses on turning your QuickBooks data into practical financial intelligence you can act on.

It continuously analyzes historical performance, highlights meaningful financial shifts, and provides a clear view of your current financial health across profitability, cash flow, and growth. At the same time, it generates forward-looking forecasts that help you evaluate the financial impact of hiring, pricing changes, borrowing, or expansion before committing capital.

The result is a platform designed to help you understand your business today, plan confidently for tomorrow, and make informed decisions without the overhead of traditional enterprise tools.

Do I need a strong background in finance to use RunSmart?

Not at all. RunSmart is designed to be easy to use. We handle all calculations and generate forecasts automatically so you don’t have to. That said, to deliver reliable results, your books need to be clean, up to date, and properly categorized every month. If you’re unsure about your bookkeeping quality, we recommend working with a professional bookkeeper first to get things in order.

What makes RunSmart’s forecasts more reliable than other tools?

RunSmart’s forecasts are built to support real business decisions, not just generate projections. Instead of relying on simplified assumptions, RunSmart uses advanced statistical models that account for seasonality, long term trends, and volatility in your historical QuickBooks data.

By continuously analyzing performance patterns and financial shifts, RunSmart produces rolling forecasts that reflect how your business actually behaves. The result is forward looking projections you can confidently use to evaluate hiring, pricing, borrowing, and growth decisions.

My small business has been operational for less than 2 years; can I still use RunSmart?

To ensure reliable forecasts, we require a minimum of 2 consecutive years of historical financial data in your QuickBooks Online account to use RunSmart. Anything less than 2 years does not provide enough data to identify seasonal patterns or trends effectively.

Does RunSmart support consolidations or class tracking for budgeting?

No. RunSmart is intentionally designed for single-entity businesses and does not support consolidating multiple companies or budgeting by class.

In many small businesses, consolidating financial data or budgeting across multiple classes can make it harder to clearly identify where issues are developing. RunSmart focuses on analyzing each business independently so trends, risks, and performance changes are easier to detect and address.

These types of consolidation and class-level budgeting tools are typically designed for large finance teams managing complex corporate structures. RunSmart instead prioritizes clear forecasts, financial diagnostics, and decision insights that small business owners and advisors can quickly understand and act on—without the added complexity of enterprise finance features.

I don’t use QuickBooks Online for my small business. Can I still use RunSmart?

At this time, we currently only support an integration with QuickBooks Online.

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