Henriette Stella June 11, 2021 Spreadsheet
Microsoft plans to have this program up soon and now Google is beta testing a similar situation, which would allow you to do essentially the same thing. Why is this good? Well, consider the Digital divide in the world and if everyone just had a terminal rather than a big hard drive with lots of expensive stuff on the computer then they can store all their information at one location. By doing this, the computers would actually be terminals and it would be very inexpensive to make them, meaning that everyone in the world could afford to have one and everyone in the world could be online and interconnected in a giant collective of humanity. There would be no one who would be without the Internet and this would bring the world closer together in a common cause.
Templates are spreadsheets that are pre-formatted with text, colors, and/or formulas. They can be used to save you time and effort. Sometimes you are using a workbook as a template and don‘t even realize it. By this I mean you have a spreadsheet that you use daily, weekly or monthly. You may have to modify a few cells but the remainder of the spreadsheet is exactly the way you want it. It may be tedious to modify the cells but it is easier than recreating it from scratch. Guess what, you have the basis of a template!
Here‘s where the expense sheet gets complex. All of your categories of spending go in column A. Get as detailed as you like, or keep it really simple and just put the basic categories. Generally, the more detail the better. it‘s also helpful to have categories for your categories. A Utilities category for your power, gas, water, etc, categories. Again, detail is good, but be wary of going into too much detail. Column B is where you‘ll put the amount that you‘re budgeting for that category. Column C, how much you‘ve spent on that category to date. If you like (or are a statistics junkie) you can add columns for % of budgeted amount, and % of total budget as well. For our simple budget, we‘ll just leave that out for now.
Second – Planning your Budget – is this easy or are you going to start over from scratch? If you kept good records and have accurate figures, then you have a great start for you next meeting. It is easy to modify last year‘s information and make changes for this year. That will be necessary for a variety of reasons. You will need it to tell your hotel contact what you want and you will also need it to prepare this year‘s budget. Third – Budgeting Spreadsheet for Meetings – take the easy way out. Use a spreadsheet that will make your job easy. There are excel spreadsheets that can do it for you. Do not waste your time trying to design something that already exists and is proven to save you effort and stress.
Now switch to your Excel spreadsheet and select the entire data table which you have created as the basis of your invoice. Either click the ‘copy‘ button or simply right click and select ‘copy‘, then transfer to your Word document and place the cursor where you wish to paste the spreadsheet. What you do next really depends upon which version of Microsoft Word you are using. In Word 2007 you need to click the drop down arrow on the ‘paste‘ button, which is the first icon on the ‘home ‘ribbon. Now you need to select ‘paste special‘ and in the dialogue box choose ‘paste link‘ and select Microsoft Excel Worksheet Object. If you are using Microsoft Word 2003, click ‘edit‘ on the menu bar and select ‘paste special‘. The resulting dialogue box is the same as for Word 2007.
Angel Investors are typically much better investors for a long-term business plan that Venture Capitalists, although they do not come usually with the incredible network to help you succeed. Venture Capitalists are more interested in themselves and making money on their investment then what you get out of it or the future of the business with you in it. An angel investor is interested in you, the future of the business and the possibility of making a whole lot of money on their investment. Please consider all this when presenting your business plan to an Angel Investor.