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Definitive Business Plan, Second Edition, The by Richard Stutely

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Software tools

The way to tame your numbers and keep it under control is to use a computer spreadsheet, such as MS Excel or Lotus 1-2-3. These give you worksheets – tables with blank cells, or boxes, into which you type information – that collect together into workbooks.

You do not need to be a spreadsheet wizard. It is enough to know how to:

  • format a cell so that the layout is pleasing;

  • enter simple formulas that add, multiply or simply repeat other values.

If you can use the facility to draw charts you are in a strong position. If you are not familiar with spreadsheets, you are certain to have a colleague, friend or relative who loves their computer and will be only too pleased to set this up for you, explain the basic principles and guide you ...

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