A simple Income Tracking Spreadsheet is a valuable tool that will help you keep track of every aspect of your day to day income. It’s great for both new and experienced entrepreneurs and anyone else who makes money from the internet.
I’d say it’s best suited for internet marketers and anyone else who have a regular income stream and isn’t necessarily an internet marketer or business owner. But I’ll get to why it works for both in just a moment.
You don’t need anything fancy or expensive, just a few clicks of the mouse to enter your information and you’re ready to go. I like the fact that you can see the data in a graph form instead of in the plain text. That helps people see exactly what their income is doing.
They can then move forward to choosing a plan, which gives them the ability to prioritize their data and be able to find the details they need as they make their decision based on that. At the very least, they can click the icon for the calculator to give them an idea of how much money they might be making.
For anyone who has this type of software, they know how important it is to be able to see all of their time spent on any one task, or how much time they’re spending working each week. The tools are designed to work in tandem so you can always have a day’s worth of results at your fingertips. And you can get an overall view of how much you’re making or losing each month.
I’ve been using one of these for over 5 years now and I find myself re-evaluating my daily goals every week. I can honestly say that it’s helped me do just that. It makes me realize how much time I’m spending on different tasks, and what is important to me when it comes to getting my work done.
In the past, I was spending way too much time looking at spreadsheets that showed me my income versus expenses. If you’re thinking about buying one of these tools, make sure you don’t buy one that doesn’t have this function. This is essential to a successful income tracking spreadsheet.
It will help you know what you should be doing with your time and it will help you identify what you should avoid doing. No business, no matter how small, can run itself without constant input. The founder or owner must know exactly what to do and how to accomplish it to keep the business running smoothly.