Monday, September 19, 2011
Week 2: Excel
My company will make good use of excel spreadsheets in order to keep track of the expenses and income and outcome. With excel, we can record the amount of money we spend each month on expenses and see if it is over or under our company budget. We will record each expense such as paying workers, maintaining the web domain, advertising, etc. And we will record all the money we make, either from App purchase, advertising, and company investment. With this information, we can make educational decisions on what to invest our money in or whether or not we need to cut down on our spending. Excel enables the company to keep track of funds with a user-friendly simple spreadsheet. If our funds are recorded daily on Excel, we will be able to monitor our spending and create a company that maximizes profit. We will never lose track of our expenses and will always know if our company is over or under limits. Excel is a great way to organize and maintain our spending and develop a foundation to build our company.