This week in class we learned about how excel is a very valuable tool to learn how to use in today's businesses. It extremely simplifies figuring out things like budgeting money for your company instead of doing it all by hand. You can plug in any type of formula that so you can quickly and accurately figure out certain values. After playing around with the program I realize for me there is a lot more to learn about Excel but what I have already taken away from the lecture I can already apply Excel to my own idea.
Having an online website like mine means that there must be tons of data to analyze. I have learned that the easiest way to effectively manage all of this data is to open it up in excel into what is called a pivot table. Once inside a pivot table i would then be able to easily analyze all of the different subscribers to my website so then i could efficiently budget my money. When budgeting my money I could once again use excel to easily setup formulas to tell me if I am over budgeting or if I have money to spend on growing my website. These are just some of the many ways that I think i could use Excel for my business. I would like to start using Excel more often now because I now see the true power it holds for managing businesses.
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