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Tom N Mauer. Spreadsheet Templates. January 31st , 2018.

The foregoing FACT becomes even more important to keep in mind if/when you have to start-up or run a business of your own. Few endeavours in life, are as challenging as having to take a business idea from zero to rewarding success.

All of this and anything else you can think of as a potential cost should be included on the spreadsheet so youll have some idea of what youre going to spend before you have to spend it. As each month passes, simply update the spreadsheet to reflect actual costs.

Firstly there is the issue of cost. Accounting software is relatively expensive and an annual maintenance contract is often required, which can add significantly to the cost.

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The owner of the company was so amused to hear me say I could develop low-cost and time-saving automated spreadsheet software for him using MS Excel, that he burst out laughing many times, as I spoke.

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