Leveraging Your Business with Excel
Now you can apply the techniques that business analysts at leading companies use to analyze and transform data into bottom line results. In this site, you will obtain many practical business-focused guide which are based on real-world scenarios; from asset allocation modeling to estimating exponential growth, forecasting sales, optimizing portfolios, and other critical functions.
Why would you want to use Excel for your business leverage instead of any other sophisticated programs?
Most basically, those programs are not free—although they occasionally are provided free as part of some promotion. Excel is not free either, of course, but many people already have Excel as part of a software bundle that came with a new computer and they can start using the guidence provided in this site without any extra expense.
Another consideration is that the dedicated business and finance programs are very complex. This is unavoidable when you try to include every possible feature in a single program. With checking accounts, mutual funds, budgets, stocks, taxes, retirement planning, and who knows what else crammed into one program, there’s just no way you can have a simple and easy to use program. Don’t get me wrong, I think these programs are great for some people, but if you want clarity and simplicity, they might not be the way to go.
- Working easier with data by utilizing range names
- Using natural language to compute total sales of product
- Using Lookup Function to compute tax rate based on income
- Using the INDEX function to compute distance
- Using the MATCH function calculate the sales of a product during a given month
- Using text function to manupate your data efficiently
- Fully utilizing Dates and Date Function
- Evaluation investment with Net Present Value Criteria
- Calculating Internal Rate of Return
- Working on Your Personal Financial Decisions
- Get Better Understanding on Circular References
- Using IF Statements to compute the price of a product based on the date the product is sold
- Using Paste Special Command
- Working with the Auditing Tool
- Sensitivity Analysis with Data Tables
- Calculate how many product you need to sell to break even with Goal Seek Command
- Using the Scenario Manager for Sensitivity Analysis
- Creating and Using Spinners for Sensitivity Analysis
- Count how many sales transaction were made by desired criteria
- Calculate the total dollar amount of merchandise sold by each salesperson with SUMIF
- Using the Offset to create a reference to a rectangular range
- Knowing how to use the INDIRECT function, however, enables you to solve many seemingly unsolvable problems
- Conditional formatting lets you specify formatting for a cell range depending on the contents of the cell range
- The Excel Solver helps you answer optimization problems
- The product mix problem involves how to determine the amount of each product that should be produced during a month to maximize profits