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Home Based Business and Pies
Speaking of pies, I’m sure that at some point, Four and Twenty Pies or Blogs started in someone’s kitchen where the pastry shells were baked, the meat mixture was cooked, the pie crusts were filled by hand and then taken to a local bakery or delivered directly. to the homes of customers who had previously ordered.
That image served as a catalyst that got me thinking about Pie Graphs and Business Managers. What, you ask, is the relationship between the two? Well let’s look at the big companies and their top executives. There are information flows, multi-projects, financial measurement, resource analysis, profit trends, marketing analysis and more.
So senior managers who complain that they suffer time and go to many meetings, and manage many products or services, learn to ask and give information in a simple way. Show them a graph that shows the line of increase or decrease depending on whether it is income or cost, a bar graph that gives a comparison in different periods of time, a traffic light report with a red or green graph that tells the current status of the projects. , and that information can be understood in seconds than through standard word-based reports.
Now look for your home based business. I used a woman who works at home with children as an example. Just as the simple exercise is to draw a circle on a piece of paper, and call that circle 24 hours, now draw two lines to make a seven hour sleep section (wishful thinking), add a one hour shower section, add food preparation, feeding the children, drinks, cleaning up after each meal , breakfast and dinner mean three hours. Now add two hours of distractions like delivering a courier, making a non-business phone call, talking to a partner, taking a shower, putting clothes in the laundry tub. , drier, small vacuum for the house, maybe clean the bathroom, and more.
Now look at jobs related to business administration. You need some time for research, so add a look at the sky business channel, read financial reviews, look at the site page and business ads to see how other small businesses are selling, Google other similar businesses on the Internet, check the opposition, allow two hours. .(call it Competitive Business Intelligence if you like.)
Also what about all the administrative work? Load paper into the copier or printer, fix paper jams, change mouse batteries, un-jam the paper shredder because you tried to put eight pages at a time, put the last business card names in Microsoft Business Contacts, file documents, and finally make a list of tasks for the next day ( two hours).
Now the last part of your pie is the amount of time for your business. In the case of showing this time is 4.5 hours (oh really!) Is it time to read and respond to all your business emails, quote new work, track work in progress, work on your campaign to sell a new product or service delivery. , ring business contacts, ring other potential new customers, ring providers about ongoing work and look at all other activities that impact your business? And don’t forget you haven’t left home.
What if you want to buy, take the children, go to the doctor, go to the gym to get a dose of fitness, and what, surprise and fear, if you go to the library to find more research or attend a workshop or communication event. Now your “my business” section looks like a small slice of a big pie.
Food for thought? Have a piece of pie and a cup of tea, and think about it.
Create your own Pie Graph in Microsoft Excel 2007
1. Open a new spreadsheet. In cell 1 type Work in Column A, Hours in B, and Percentage (%) in C
2. In the left-hand column A, start in cell a2, and enter each daily activity under the column.
3. Make the last task my business. Under that, enter Total
4. In column B, against each activity, enter the estimated time in hours of the day e.g. 1, 0.5, 0.75
5. The total of column B, the last cell must be totaled for 24 hours straight. The formula is =sum(b2:b12) or use Autosum
6. The formula for the “my business” cell in Column B is =24-sum(b2:b11)
7. C2 cell formula of column C as a percentage of 24 hours = b2 / $ b $ b cell where it shows 24 hours.
8. To make the percentage C2, go to Menu, Number, select Percentage from the drop down menu, your cell will now display the percentage.
9. Click in the lower right corner of the black square in Cell C2 and drag the formula from cell C2 to the bottom of the column.
10. Left click on the mouse, hold and drag over the three columns A, B and C, and all the rows, except the last row.
11. Go to Insert, left-click Graph, select Pie, click #2-2D-Pie, go to menu Design, Chart Design, select Layout 2 or 6.12. In the chart, change the Chart Title. Use the Chart Styles menu to change the colors to suit. 13. Now you have your completed Pie Graph.
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