What are the Key Uses of Spreadsheets in Startups?
In the context of a startup, spreadsheets can be used for multiple purposes:
1. Financial Projections: Creating detailed financial projections to estimate revenues, expenses, and cash flows. 2. Budgeting: Managing and tracking budgets to ensure resources are utilized efficiently. 3. Data Analysis: Analyzing market research data to understand customer needs and industry trends. 4. Inventory Management: Keeping track of inventory levels, orders, and supply chain logistics. 5. Sales Tracking: Monitoring sales performance, setting targets, and measuring outcomes.