When your spreadsheet start to hit its limits, what options are open to you? Perhaps the best option is to consider the conversion of your spreadsheet to a database solution. Relational databases became viable not too long after the spreadsheet was well-entrenched as the affordable and quick means of gathering data and performing calculations.
Serving for a multitude of purposes and being renowned for their efficiency and reliability, spreadsheet solutions have a major contribution to business management and development. Existing spreadsheet solutions are no longer limited to accountancy processes (monitoring financial data, managing budgets and facilitating a series of data manipulation processes); they can also be successfully used as means of business analysis, organization, as well as forecasting, allowing companies to gradually expand, achieve better exposure and neutralize the competition.
So you've got what it takes to develop spreadsheets that others would find useful. Now you're thinking about selling your spreadsheets to both help people and generate some additional income using your MS Excel or other spreadsheet development skills. Well, as you know, there are pros and cons to everything you do. Read on to find out what some of them are:
On the other hand, to hire and permanently maintain a team in charge of creating the right spreadsheet solutions for your business would be very costly. Added with the costs of regular spreadsheet-generating program purchases, the costs involved by forming and keeping a well-trained team of spreadsheet designers in your company can generate considerable financial losses to the business you are running, especially when you are the owner of a struggling micro-business. To eliminate the problems behind spreadsheet designing, the best option is to purchase high-quality ready-made spreadsheet solutions from a specialized, reliable provider.
excel inventory templates