By Hanan Awaad
Managing a business is not an easy task, and operating a successful business is more challenging. Smart business people always invest in tools and applications that enable them to develop their businesses, cut the overwhelming to-do lists, and streamline their operations.
As a business owner and management consultant, I am always hunting for such tools, and I am sharing my list of five applications that can help you supercharge your business.
Financial Excel Collection
You do not need to invest in expensive financial applications when you have the Financial Excel Collection designed by XDatabases. The Collection includes Asset accounting workbook that applies Excel’s depreciation functions to provide monthly depreciation, book values, and gains/losses on disposals for up to 2,500 assets.
Also, Business Ratios – the key to a healthy balance sheet and a healthy business – are included in the collection that enables you to track these ratios monthly or quarterly.
By using the Collection, you will be able to create costing workbooks that employ databases of different cost elements. Each workbook included in the Collection provides the user with instructions and guidance for every step and no accounting knowledge required.
The included Business Plan workbooks create balance sheets, income statements, cash flow forecasts and financial ratios from simple monthly income and expenses forecasts.