Gay Maddy. spreadsheet. April 24th , 2022.
If you have spent any time at all working at marketing on the web, you will have a long list of affiliate programs and membership sites that you have joined. You may also have a long list if websites that you run. Believe me, if you don‘t yet, you soon will. Other lists that you may have are search engines or article repositories that you work with. How many times have you had to search through your old emails trying to find your access code for one of those programs or websites? If you are like me, the answer is way too many times! Well, here is an easy solution. And it is one that probably came with your computer. Remember that free office suite that was advertised on the box? It probably had a spreadsheet as part of it. Now is the time to take it out and do a test drive.
Spreadsheet templates are used for many reasons and each template vary according to the purpose it is used for. Spreadsheets are designed with different calculations depending on various needs. The templates designed to use for saving calculations varies according to the saving calculations made depending on the types of calculations to be made. These spreadsheets make the calculations and the data entry easier than doing it by any other format. The budget spreadsheets are little more advanced than the other as they have to undergo higher and tougher calculations and data entries.
When presenting your business plan to an angel investor you must understand that they will be very interested in your spreadsheets and proformas, but you must also realize that it is typically an entrepreneurial optimistic approach, which causes problems with proformas. Therefore, you should have dueling spreadsheets; that is to say the spreadsheets, which take your best guess and double the time, double the expenses to compete with your optimistic approach. You should be able to present both of these to your Angel Investor; who chances are is a retired business person with a little bit of financial savvy.
Every small business needs to keep records of sales invoices and income received and purchase invoices in respect of expenses. It is not sufficient for accounting and taxation purposes for these receipts and payments to be left in the office or the back of a van in a carrier bag. At some stage these prime bookkeeping documents need to be processed. Processing the financial documents related to a business enterprise basically means they need to be listed. For taxation and financial control purposes the invoices also need to be added up and analyzed. The most basic method would be to simply make a list of the sales income and a second list of the purchase expenses. Using a manual method of listing the information falls short of the analysis required and is more time consuming that using a little technology to both ensure the summation is accurate and the analysis simplified. Listing the sales and expenses of a small business on spreadsheets is no more difficult then a manual paper system and has tremendous advantages in automating and ensuring accuracy.
When it comes to using Microsoft‘s Excel Spreadsheet program there is no question that there are a variety of ways to accomplish many tasks. One of the things I like about Excel is the ability to format multiple columns at the same time giving them the same width. If you are unfamiliar with how this is done, read on and take a look at the steps I perform to achieve this task. You will see that it is very easy to do. The first thing you want to do, obviously, is open up Excel. Once Excel is displayed on your screen, go ahead and type in cell ”A1” the month name ”January”. In the cell ”B1” type in the month name, ”February”, in ”C1” type in ”March” and so on until you type in all twelve months each in their own cell on the spreadsheet.
Instead of listing the items on a paper list the items can be just as easily listed on a spreadsheet which will add up the items as required without the requirement to double check the adding up is accurate. Such a list has a history in accounting term as a sales day book and a purchase day book. To achieve the required analysis of sales and purchases all that is required is to write into the top of each of the spreadsheet columns the titles of the analysis headings required. Then repeat the value of each transaction in the total column into the analysis columns. Use the spreadsheet technology to add up each column and you have an effective bookkeeping spreadsheet. Preparing such a bookkeeping spreadsheet might and often does suffice the needs of the smallest business enterprise and is a close step towards achieving a valuable tool for this purpose, bookkeeping software. Bookkeeping software can be as simple as a home produced spreadsheet but with additional facets that can have significant financial benefits to the business.
This will help you in several ways. First, it is easy to look down the list of affiliates and think of new ways of working on marketing them. Maybe you will want to put two or three of them together and market them all on one page. Then tell your customers that if they join all three you will throw in a fourth package that you have resell rights for. Second, you can easily either click on a link or cut and paste an address into your web browser to see how you are doing. And you have your username and password right there to cut and paste as well. Percentages in personal training can be absolutely invaluable. However, they need to be incorporated correctly in order to get the benefit out of them. One thing to think about, are percentages necessary for your clients?
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