As a seasoned solopreneur consultant, evaluate the effectiveness of three different asset tracking systems for solopreneurs: a simple spreadsheet, a dedicated asset tracking software (e.g., Asset Panda, Sortly), and a custom-built no-code application.  Consider the following criteria for your evaluation:</p>
<p>**Functionality:**<br />
* Ease of data entry and updating.<br />
* Ability to track different asset types (physical, digital, intellectual property).<br />
* Features for asset valuation, depreciation calculation, and reporting.<br />
* Integration with other business tools (accounting software, CRM).<br />
* Security and data backup features.</p>
<p>**Usability:**<br />
* User-friendliness of the interface.<br />
* Learning curve and required training.<br />
* Time required for daily/weekly maintenance.<br />
* Scalability as the number of assets grows.</p>
<p>**Cost-Effectiveness:**<br />
* Initial setup costs.<br />
* Ongoing subscription fees (if applicable).<br />
* Return on investment (ROI) considering time saved and risk mitigation.</p>
<p>For each system, provide a detailed analysis based on these criteria, including strengths, weaknesses, and overall suitability for a solopreneur with a moderate number of assets (around 50-100). Conclude with a recommendation for the most effective system based on your evaluation, justifying your choice with specific examples and data points.