Data is a powerful tool, especially for making business decisions. However, if the data is not presented in an organised manner, it can confuse the audience. With Excel charts by your side, you can make visually stunning charts to represent your data and to convey your business ideas to the stakeholders.
The question is: How do you make charts in Excel? As an entrepreneur, you might have the most unique business ideas, but not knowing the technicalities of an Excel spreadsheet can put you at a disadvantage in the competition.
With professional Excel training in London, it’s time for you to be confident, gear up and make stunning informational charts in Excel to make your stakeholders understand your business finances.
Learn the power of business storytelling with Excel charts
Easy charts with compact data
Did you start with a presentation that was a scrambled mess on a spreadsheet? This is confusing for your audience and shameful for the presenter. To achieve clear and impactful communication, you don’t need complex chart arrangements in Excel. With easy-to-understand and straightforward Line charts, bar graphs and pie charts, you can present the information clearly and concisely.
For instance, if you want to present sales figures, a bar chart comparing sales growth across different territories would be a good choice. Managers of various regions can easily compare and quickly identify the top performers.
Advanced Excel charts mastery
Are you looking for a chart to display trends over time? Do you want to show comparisons between categories? Then, you must learn to create a sunburst chart, a histogram chart, and a waterfall chart. Learning these advanced options is not enough; you should also customise them according to your available information. There are options in Excel that allow you to change colour palettes and fonts for data labels and gridlines in a chart.
Make the information visually attractive by selecting and customising the charts. For instance, if you’re planning a sales target, instead of a line chart, use a bar and column chart with customised colours, regions, periods and product categories mentioned on the same.
Types of Excel charts and their uses
Column chart
You must learn this chart as it helps to compare data across different categories. You can also use them to highlight changes in data over time or show comparisons among items. They are used primarily for comparing sales figures of different products in a company.
Pie chart
These charts are used to show the relative size or market share of different parts of a whole. You can put the data in percentage form. Are you planning to compare your product’s market share with your competitors? The pie chart is the most effective way to illustrate this.
Scatter plot
This chart is used to show the relationship between two variables. Viewers can analyse and find a relationship between the two variables. For instance, if you want to illustrate the relationship between advertising expenses and sales revenue, then this is the best way to do so.
At Excel Expertise Ltd, we are passionate about training you with all the tools of Excel. If you want to learn more about the charts and their application, enrol with us.