8 Mistakes New Small Business Owners Make and How to Avoid Them
Starting a business comes with plenty of opportunities to make costly mistakes. Learn eight common mistakes new small business owners make, from failing to plan ahead and overspending to underpricing and trying to do everything themselves, plus how StartSmart can help you build a stronger financial plan for one business completely free.
Why New Business Owners Need to Create Financial Projections for Their Business Plans
Financial projections help new business owners understand startup costs, estimate revenue and expenses, anticipate cash flow needs, evaluate profitability, and build a stronger business plan. Learn why projections matter and how StartSmart can help you automatically create a complete financial plan and supporting financial projections for one business completely free.
6 Tips to Create Successful Financial Projections for a New Business
Creating realistic financial projections can help new business owners better understand expenses, sales, cash flow, assets, liabilities, operations, and break-even requirements. Learn six important tips for building stronger projections and how StartSmart can help you automatically create a complete financial plan and supporting projections for one business completely free.
More articles to help you make smarter financial decisions
StartSmart is free financial planning software that helps aspiring entrepreneurs turn their business assumptions into a complete financial plan and financial projections without spreadsheets or financial modeling experience. While StartSmart is free for anyone planning one business, Projection Genie wants to make sure aspiring Black entrepreneurs know this resource is available as they evaluate, finance, and prepare to launch a new business.
Free Financial Planning Software for Black Entrepreneurs Starting a Business
Learn how SaaS founders can forecast cash flow by connecting MRR, subscriber growth, churn, pricing, hiring, and operating expenses to future cash balances and runway using Stripe and QuickBooks data.
How to Forecast SaaS Cash Flow Using MRR, Churn, Hiring, and Expenses
Learn how SaaS founders can move beyond complex spreadsheet models by combining Stripe subscription data with QuickBooks financial data to automate baseline forecasting, scenario planning, hiring, cash flow, and runway analysis.
SaaS Financial Modeling Without Spreadsheets: A Practical Alternative
Learn how to evaluate SaaS financial forecasting software and which capabilities matter most, including automated forecasts, Stripe and QuickBooks integration, churn and pricing scenarios, workforce planning, cash flow forecasting, and runway analysis.
SaaS Financial Forecasting Software: What Founders Should Look For
Learn how SaaS founders can use scenario planning to model different assumptions for subscriber growth, churn, expansion, pricing, hiring, and spending and compare their potential impact on MRR, profitability, cash flow, and runway.
SaaS Scenario Planning: How to Model Best-Case, Base-Case, and Downside Scenarios
Learn how SaaS founders can model hiring and headcount before making a commitment by combining Stripe subscription data with QuickBooks financial data to evaluate employee costs, MRR growth, profitability, cash flow, runway, and workforce efficiency.
How to Model SaaS Hiring and Headcount Before You Hire
LivePlan is a popular business planning platform, but entrepreneurs looking primarily to create financial projections for a new business may also want to consider free alternatives. Learn about different ways to build startup projections and how StartSmart can automatically create a complete financial plan and supporting financial documentation for one new business completely free.
Free LivePlan Alternatives for New Business Financial Projections
You don't need to build a complicated Excel model to create financial projections for a new business. Learn what goes into startup projections, why spreadsheet models can be difficult to build and maintain, and how StartSmart can automatically turn your business assumptions into a complete financial plan, projections, and supporting documentation for one business completely free.
How to Create Financial Projections For a New Business Without Excel
Buying a franchise often requires significant upfront investment and financing, making realistic financial projections an important part of the planning and loan application process. Learn what to include in franchise financial projections and how StartSmart can help you create a complete financial plan and supporting documentation for one franchise business completely free.
How to Create Financial Projections for a Franchise Loan for Free
