Sunday, February 7, 2010

Week 3- Spreadsheets and Me

So, Now that I have this great business idea, it's time to get organized. This weeks lecture spent alot of time on the uses for excel, and its various functions. Functions that I would need to use extensively for my business to run smoothly, or run at all.

First and foremost, I would use Excel to manage the finances of my PPA business. Clients, employees, payroll, expenses, all would have to find its way into their own spreadsheet. this way, I will amass all the data necessary for the running of my business in one place (although on several different worksheets).

With all the data in the spreadsheet program, I would then be able to easily manage my business. I could get a snapshot of the current state of affairs by using them to create reports, or i could see the possible implications of a new purchase or pay raise with conditional formulas and the like. It allows me to neatly have the entirety of my business on paper. That's handy.

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