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How to Prepare to Sell your Business
I often talk to business owners who are hoping to sell their business someday, but are not taking any steps toward creating a business that can be easily sold. If you want to sell your business it is...
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New ProjectionHub Feature – Multiple Currencies
We have made a few big updates. I wanted to let you know about a couple of updates to ProjectionHub. 1. Currency Support – We now support multiple currencies (USD, EUR, GBP, INR, AUD, CAD) 2....
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New ProjectionHub Feature – Calendar Date Picker
We keep trying to improve for you Every couple weeks we push new updates to ProjectionHub, and I wanted to let you know about the latest update. In the past when you had to pick a month or date to add...
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How to Know When You Can Afford to Hire a New Employee
Business owners have to make difficult decisions every day, many of these decisions have financial implications and can impact not only the bottom line of a business, but also the livelihood of...
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Predict Your Chances of Getting a Small Business Loan
Based on some data from Fundivo, there are 23 million small business loans outstanding in the US totaling nearly $600 billion in outstanding loan balances. But the problem is that for every small...
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The Danger of Daily Payment Business Loans
Over the last 5 years I have managed an SBA Microloan Program at a non profit in Indiana. Our microloan program helps startups and small businesses that are unable to secure traditional bank...
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How to Complete the Form 1023 Financial Projections Section
I got a call today from a pastor who has planted a new church and is going through the process of becoming a 501c3 non-profit and just so happened upon my blog post – Creating a Startup Budget for a...
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ProjectionHub Releases New Financial Projection Template for Non Profits
Just wanted to give a quick update to let everyone know that we just released a new financial model for non profits. This model follows the format of IRS Form 1023 which non profits are required to...
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We Made Our Software a Little Less Annoying
I’m Sorry. If you have used ProjectionHub over the last few months to create financial projections you had to type in each monthly sales or expense number individually for each line item. If you were...
View ArticleCheck out our New “Click and Drag” Feature
Here is a quick clip to show off our new Click and Drag feature that we believe will make creating the expense portion of your financial projections up to 10x faster: View post on imgur.com Sign up...
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What Does the Bank Want to See with your Cash Flow Projections?
Small business owners looking for a business loan from a bank will often be asked for a set of cash flow projections, but what exactly is the bank expecting to see in your projections? There are 3...
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How to Project Revenue for a Startup Gym
In this blog post I am going to walk you through a very specific process for creating revenue projections for a new gym. At the end of this process you should have realistic sales projections for...
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Small Business with a Big Budgeting Problem?
Let’s face it: big businesses have some big advantages. They have the advantages money can bring, including budget space for advertising, better equipment, and more employees. Your budget may be...
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Share your Financial Projections with Investors, Lenders, Accountants, and...
We just released a new major feature for ProjectionHub. You can now easily share your financial projections with your business partners, accountant, investors or lenders. This will ensure that these...
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Startup Brewery – Break Even Analysis Template
According to the Brewers Association the Craft Beer industry continues to grow across all regions. Production of craft beer has nearly doubled between 2012 and 2015 as you can see in this graph...
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Calculating How Much you Can Make as a Consultant
Millions and millions of people earn a living through consulting work. When I say consulting, I am throwing anyone in the professional services industry into the same bucket, which would include:...
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Financial Projection Basics #1: What are Financial Projections?
Since we started ProjectionHub back in 2012 to help entrepreneurs create and share financial projections, more than 20,000 business owners have used ProjectionHub. If there is one thing that has...
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Financial Projection Basics #2: Why Create Financial Projections?
This is the 2nd blog post in my series of posts about Financial Projection Basics. If you want to start from the beginning, make sure to check out “What are Financial Projections.” Today I want to...
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Financial Projection Basics #3: What Should Financial Projections Include?
This is the 3rd blog post in my series of posts on financial forecasting basics. You can check out the first couple of posts below: What are financial projections? Why create financial projections?...
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ProjectionHub Adds Graphs and Tables
We are very excited to announce that we have released a much anticipated update to ProjectionHub – Graphs, Tables and Charts! All users will now be able to see a few standard charts and graphs. Those...
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