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The Importance of Google Sheets in Entrepreneurship

by Ethan
4 years ago
in Business
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Google Sheets in Entrepreneurship
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Google Sheets is a gift to the business world that isn’t going away anytime soon. From “sort by date” functions to VLookup, Google Sheets takes Microsoft Excel to an advanced and intuitive level in work with spreadsheets. In the business world, Google Sheets can help you build your entrepreneurial dream in every department.

It is a critical tool in your accounting department, and it can soon become integral to your human resources and marketing operations. Learn more about how important Google Sheets is to your business here.

Table of Contents

  • Accounting Department
  • Marketing Plans
  • Human Resources Functions
  • Use Google Sheets Today

Accounting Department

Adding Google Sheets into your accounting operations is an obvious choice when you are searching for an integrated solution that your entire department can use anywhere in the world. In a world where remote work is the new normal for a large percentage of the country’s workers, Google Sheets makes life simpler. One of the most widely used and popular sheets are the vlookup Google sheets that offers a variety of easy calculative functions to a user or department, who is performing huge volumes of accounts, sales & revenue related calculations in a spreadsheet. You aren’t attaching bulky spreadsheets that you have to wind own into zip files, and instead are sending easy links that can be managed by the team from anywhere.

Google Sheets streamlines your accounting functions and helps your team outline your results, forecast your revenue, plan your receivables and payables, and project your business goals. Additionally, Google Sheets offers templates for your accounting and finance departments that can streamline everything on one easy shareable link that anyone can edit.

Marketing Plans

Google Sheets can help bring your entrepreneurial dream come to life by helping your marketing team coordinate their own responsibilities so that they can sell your product or service. From pivot tables to IF functions, Google Sheets has an intuitive interface that allows your marketers to get the answers they need to provide results fast.

You can use Google Sheets to conduct data analysis for you, and help you to determine what is or isn’t an important part of your marketing tables. When you need to know exactly how big your target audience is, Google Sheets can tell you what happened with your past performances, and, weed out what you don’t want to know at the same time.

Google Sheets doesn’t make the decisions for you, but with hundreds of available formulas, it saves time for your team that needs to make them. There isn’t another spreadsheet program that can do that.

Human Resources Functions

Every human resources department depends on an efficient database system, and Google Sheets can do that for you. Here, you can manage every piece of employee data that you have from benefits packages, to schedules to payroll. From employee costs to employee profits, Google Sheets can manage all of that for you.

Google Calendars seamlessly integrates with Google Sheets so that you can incorporate employee schedules into the program without having to work with multiple files over the same employee issue. Or, you can use Google Sheets to make your own calendar. Using Google Sheets for calendar work may feel like you are overthinking it, but the opposite is true. Google Sheets for your calendars can help you to intuitively customize everything that your employees need.

In addition to scheduling, it also helps you to keep track of times and time sheets. You could offer a spreadsheet link to each employee, and have them conduct their own timesheets. HR departments in smaller companies will be able to appreciate being able to put everything in one master sheet.

Use Google Sheets Today

The Google suite was built for businesses to build their entrepreneurial dreams. If you ask each of your departments to implement Google Sheets into their daily operations for just one day, you will see the importance of this product in entrepreneurship. It will intuitively streamline all of your departments individually, and then together as a company. From calendars to marketing budgets, it is all there in a few handy links.

Google Sheets makes work easier throughout your entire company. It provides its own brand of analytics and makes work more productive and efficient. And it saves you money. In a world where hacking can disrupt operations and cost companies thousands every day, Google Sheets lets you back up everything you need in the cloud. You won’t lose data here. You will gain productivity in every part of your business.

Ethan

Ethan

Ethan is the founder, owner, and CEO of EntrepreneursBreak, a leading online resource for entrepreneurs and small business owners. With over a decade of experience in business and entrepreneurship, Ethan is passionate about helping others achieve their goals and reach their full potential.

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