How Excel Can Help Your Small Business
If you are the owner of a small business, you would no doubt know the value of keeping records. Whether they are financial or customer related, it is important that your records are clean and easily accessible.
For a small business, it ay not be viable to buy an accounting software or a CRM (Customer Relationship Management) software. This is where Microsoft Excel will come in handy. You may not be an expert in Excel but if you learn the basics, you can do quite a lot with it.
Excel is a software that helps you do complex calculations and create graphs, charts and many other numbers related calculations. The possibilities of using this software are endless. Many small businesses can have their total accounting, profit and loss and expenses data all on excel spreadsheets.
A spreadsheet is a program that has cells that are in rows and columns. You get Excel and also other open source software available. You can Use the software to keep track of your companies stock, worker times, and also customer details. You do not need to have a separate software for your customer service.
Microsoft Excel is a very versatile software. From the basic calculations such as addition, division and multiplication to complex functions such as the IF related formulas you can carry out many different data calculations. There are many formatting options to give your spreadsheet a professional look including conditional formatting.
You can use the program to generate reports on a daily, weekly or monthly basis. The program can also be shared by many users at the same time. This can be done in such a way that some users can only view the spreadsheet while other can use and edit it.
It has become an integral part of daily office work, and many people know at least the basics of using this great program. If you do not have the time to do all the formatting and calculations you can hire an expert and tell them your requirement and you will end up with a professional spreadsheet that will suit all the requirements of your small business.