-Excel is helpful in running a business because when using a spreadsheet it'll be easier to figure out the costs and totals of stuff. Also by using a spreadsheet you can change the values to see how it will affect the the totals so the business might want to change something to make a better profit.
-The advantages of creating an automated spreadsheet rather than a hand written one is that when you need to fix something you can fix it quick and by using formulas you can find the amount right away without having to figure out what it would be if you are using a spreadsheet by hand.
The capability to recalculate automatically when values change, make an electronic spreadsheet more valuable than a spreadsheet created by hand because by using formulas you can get the amounts fast unlike with a hand written one where you would need to figure it out and you might not be able to read what you wrote.