Finfox is a free financial modeling and planning tool for startups and small businesses. It allows early stage founders to create financial forecasts for fundraising and business scenario analysis. Finfox is fully integrated with Google Sheets which allows complete flexibility and easy collaboration. Using Finfox can save founders thousands of dollars in CFO consulting costs and countless hours fiddling with generic Excel templates. Learn more at www.finfox.co

How We Use Spreadsheets

How We Use Spreadsheets

A spreadsheet is an unbelievable tool that allows companies, consumers, and individuals to model different scenarios. We’ve created an infographic that shows how electronic spreadsheets developed and how we use spreadsheets today.


Before 1979, a spreadsheet, also known as a ledger sheet, consisted of physical sheets of paper that needed to be dutifully cataloged and carefully read by running a finger across the page. If any changes needed to be made, the whole thing would need to be recalculated by hand.

The invention of the electronic spreadsheet changed all of this. Dan Bricklin, a Harvard Business School student, and MIT graduate Bob Frankston released VisiCalc in 1979. This spreadsheet program ran on floppy disks and could be used with Apple's brand new product, the personal computer. Since then, spreadsheets have been developing at a rapid pace. Take a look at how we have used spreadsheets throughout the years.

 
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Today, spreadsheets are used for a multitude of functions. From art projects to innovations in the healthcare industry, the capabilities of spreadsheets are incredible. Most successful businesses use spreadsheets to do functions such as running marketing campaigns, advising hiring decisions, and comparing various situations.

Like electronic spreadsheet co-creator Dan Bricklin, our founders are Harvard Business School grads who have pioneered innovative ways to use spreadsheets. Finfox allows start-ups and small businesses to do many functions that a CFO performs at a fraction of a CFO's cost. We work with experienced startup CFOs to develop custom professional financial models that you can try for free! Take a look at how we use spreadsheets to help you.

Read more about the history of spreadsheets and how we use spreadsheets at Medium and NPR.

How Much Capital Your Company Needs

How Much Capital Your Company Needs

How does your business cash balance stack up against industry averages?

How does your business cash balance stack up against industry averages?