(A Business Development Manager’s Point of View) So you want to develop a business, huh? Well, you’re just in luck. This article will help you whether you are planning to start up new or have an existing business that you would like to expand. This is a step by step guide on how to start, improve, and expand a business while minimizing loss on your part. If you are starting new, please read this article carefully from the very beginning. For those, who already have an existing business and would like to improve or expand, the latter part of the article will be more useful. Every business starts with an idea. You will find that throughout the article, I have emphasized the mental aspects of people rather than physical or financial aspects. Call me philosophical, but the mind is where everything happens. I have seen and experienced it time and time. When your mind is fully committed, there is literally nothing that you cannot do. Let’s begin. Step 01: Find Your Passion To start a business, you need to find out what it is that you are truly passionate about. “Why is that important”, you say? The answer is simple. You really do not want to get yourself stuck into a kind of work that you hate. There are plenty of planning and executing involved in a brand new business and if you are passionate about it, they would not feel like work at all compared to a kind of business you do not care for. After all, happiness is the end result of anything that we do in life. Why not choose a business that would make you happy while doing it? “When your vacation becomes your vocation, you have succeeded in life”. Step 02: How to Sell It Now that you have found your passion, let us figure out how to use it to bill people who are in need of the kind of service you can provide. Even though yours is the most ridiculous passion ever, believe me, there are millions of people who would be glad to have your services. As a matter of fact the stranger and more unique your passion is, the more likely you are to succeed simply because that type of business doesn’t exist yet. That also doesn’t mean that if your passion is something common or usual, you shouldn’t do it. Even if it is something common, if you really love it, you will always find ways to do things differently than the others and that itself is the winner. Let’s say that you are passionate about cars. You are more likely to succeed in an auto shop, auto parts shop, or a repair and modification shop. Sure, there are plenty of those out there, but if you love it, it is going to be one of a kind. Maybe your shop has a nice waiting area where your customers can have a seat and a free beverage when they come to drop off or pick up a car, or you may have free stickers complementary to having their breaks fixed. Once you’re in the business, you’ll figure that out. Step 03: The Planning Write down your unique ideas and prepare a presentation. Take some time to do it. You should not rush this part. If a new idea comes while you are in the middle of the planning stage, do not hesitate to change. Edit and modify until you are fully satisfied and you can see a clear mental picture of your business. I cannot emphasize how important this is. You have to be absolutely clear and certain. If there are parts that are hazy, leave for a while, do something else, and come back to the planning table again when your mind is clear. You will see later how we will reuse this step over and over again. A thing to remember here is that I am not talking about the “Hows”. At this point, you’re not thinking how you will start the business. That will come later. Your focus at this stage is the “Whats”. If you start thinking about the “Hows”, you will ruin your plan because you will start to think about things such as “How do I get the capital”, “How am I going to find an ideal place” etc. The “Hows” will show up later when you are clear about the “Whats”. Step 04: Visualize Your Success Now that you have had the clear picture of your business, visualize how it would look and feel when it is fully operational and successful. You must be able to taste the success. This again is another important stage. Why-you ask? There will be obstacles on your way to success. This is the picture that will keep you going. It will also help keep your team motivated in the future should you need to inspire them in times of hardship. You, the leader, must have that picture of success handy at all times. Step 05: The Needs You are clear about what your business will be and you have a clear picture of success. By now, you are mentally ready, so let’s get physical. The physical needs of the business include 3 things: infrastructure, personnel, and finance. Infrastructure: If your business is local such as an auto repair shop, you will need a space, an office, a storage area, and some furniture. If your business is virtual, you will need a website or other computer based applications. In any case, you have the clear picture (Step 03), so you can create a list of infrastructural needs. Personnel: If it is a kind of business that you can do totally on your own, then you are it. If not, you are going to need assistance. Use Step 03, and find out how many people you will need and what their jobs and qualifications should be. You may also look among your friends, relatives and acquaintances that may have those qualifications and would be happy to help you in the beginning. Having a good friend or partner at this stage is very helpful. If you have a friend who shares almost the same vision as you, you have hit the jackpot. Things are a lot easier with a good friend beside. Finance: This part is slightly uncomfortable for a lot of people. For this reason, a lot of great ideas never see the light of the day. Many would give up at this sector because they believe there is no money. If you feel that, please remember that the financial industry was built on great ideas. It is their purpose to invest. How else do you think the Empire State Building was built? One person didn’t put all his money into it. The idea was great and was simply backed by several financial institutions. The truth is there are numerous banks, lending agencies, and investors who are looking for a great idea to invest in. However, ideally you, as the owner of the business, should have at least half the initial capital you need. If you are currently in a job, you can start saving up. If you already have the money, begin at once. If you do not have anything, use your Step 03 presentation to attract a wealthy relative, friend or an investor. I have mentioned in the beginning of the article how important the mental aspects of the people are. I would like to elaborate on this a little bit more since finance is a huge issue. Fear is your only true enemy here. This is the only one thing that you have to overcome, and you have to face it no matter what. I will help you with a few tips on how to do it, but you have to walk this path. First of all, it is okay to be afraid. It is a part of who we are. Just remember that “Courage is not the absence of fear. It is having fear and still doing the thing you are afraid of”. In other words, FACE IT. After all, “At the end of our lives, we only regret things we haven’t done or chances we haven’t taken”. What is the worst that could happen? We all die, and it is better to die quickly doing something we love than live a long boring life doing things that are safe and comfortable. Use Step 04 and have that taste of success, and get out there. Here are a few types of fear that you may have and how to overcome them: Fear of Rejection: Yes, you will be rejected. Not a lot of people would understand what it is you are trying to do, so do not take it personally, and move on to the next. When you do your presentation, prepare your best and do it with passion. People invest in sincerity. I know I would. I would invest my own money if I saw a person who was genuinely passionate about a project even though I didn’t understand the business. Why? Because he would not give up on this until successful, so it pays to have your Step 01. Fear of Loss: There is always a possibility of loss. After all, it is a new business and you do not know all the pits and falls. Trust in yourself that if you make a mistake and have a loss, you will also know how to get out of it. It is your idea, and you know best. Loss will happen when it happens, and you will know what to do then- no need to worry now. Fear of Embarrassment: Yes, there are those who would always have something to say especially when you are having a hard time. You will be ridiculed and laughed at. However, wouldn’t that be sweeter when you come around triumphant? How could you win if you have never been defeated? Prepare to take the embarrassment and defeat, use Step 04 through these times, and come back a winner. People remember a hero- not an average person. I hope the tips on fear would help you overcome it. Now that you have found the capital provider/s, there is one thing you should consider. Find an investor who is willing to wait for the business to properly run, which is ideally 6 to 8 months. There are investors, banks or lending agencies that would loan you the money but would want their interests or return of investment (ROI) almost immediately. This is short sighted. A wise investor knows that if the business isn’t fully operational and he starts to claim his money, neither will the business succeed nor will he get his money back. Therefore, choose someone who will wait. That way, the business is safe and the investor gets his full ROI. Step 06: Start Find your place, find your personnel, and go for it. Use your partner as a right hand man and divide jobs. One can find a place and buy the furniture and the other can do the hiring. Hire the best quality people you can. Keep in mind that the first set of employees will be your core team, and you must be comfortable working with them. Remember Step 03, so you will know how many people you need and what qualifications they must have. Step 07: Employees Make sure everyone knows clearly what they are doing. Create a fair employment policy where good jobs are rewarded. Also, make sure that employees that are not really up to the job are given chances and training before you let them go. It sometimes helps to pair up one good employee with another bad one so that the bad one can learn from the good. You may also create a profit sharing plan. This makes employees take care of your business as if it is their own. Step 08: Market Market your business and do it professionally. Once you have established your business, you must reach as many customers as possible. You may ask a professional photographer to take pictures of your facility, and ask a graphic designer to create brochures. Online presence is also important. Create a good website. It is easy nowadays, but if you have the means, give it to an IT professional. See if you can create an app for smartphones for the services you provide. Offer promotions and discounts on your brochures and website. Regularly meet your core team to discuss how to improve services or reach more customers. Have an open mind, take all their ideas and pick the ones that best suit you, and execute. These are several ways to market your business: Door to Door Marketing, Telemarketing, SEO, API (Create an app), Advertising. On my next article, I will solely focus on Marketing Strategies. Step 09: Expand Expand your business. You already have one business model now, so all you have to do is copy and paste, so do not refuse a chance to expand. If it is a local business that serves only the local customers, open another branch or start franchising it to other cities. At this point, financing should not be a problem. Plenty of investors and financers will gladly give you the money. If it is an online business, expand your SEO or Customer Support team, and the whole world will be your market. Step 10: Balance Last but not least, create balance in everything you do. From the very first step to the last, balance is the key. The lesson on balance is huge, but I will discuss it briefly. Too much of anything is bad. Do not work so hard that you lose your family, friends or health. After all, money is no good if you cannot share it with people you love, or if you have to spend most of your money in the hospitals. You have to keep the balance between your business and personal life. Also, no good idea can come out of you if you are overworked and tired all the times. When you feel stuck, get away for a while and come back later. You will find a solution. There are ups and downs in life as well as in business. The lesson on balance also tells us that you should be cautious when you are succeeding and patient when you are failing. When you are succeeding, do not spend money unnecessarily on things you don’t need. Also, when you are failing, do not give up because success is just around the corner. It is the darkest before dawn, so “This too shall pass”. You must also create a balance between you and your employees. You are their leader. If you are too hard on them, they will quit or even worse sabotage the business. If you are too soft, they will play more than work. At the end, all businesses are about people. From your employees to your investors to your customers, balance all relationships. Share and enjoy your success. Conclusion I have gathered the information for this article from different life coaches, motivational speakers, and my own life experiences as a business developer. I hope it helps. Dream big and go for it. Source by Adnan Monsur The post 10 Steps on How to Develop a Business Properly appeared first on Igot Apps. from https://igotapps.com/fast-app-development/10-steps-on-how-to-develop-a-business-properly/
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Some providers have more than 2,000 website templates that are fully functional and already incorporated the basic text and images that are appropriate for the type of company that represents this web design. Use an existing template as a starting point, making your construction project site much easier. Web sites of professional models are organized in several different professions and finding an ideal site for designing your business is easy. Decide what you want and how you want it, and put your thoughts into action. There are some companies that offer free website builders to make a free website with generic templates. A real good site will offer website templates that are complete and work for custom business professionals. Each model includes unique pages, working navigation, images of interest and even usable text. If you are racing at the time, you can simply enter your name and logo, add your contact information and publish the site as it is. Return later to make the necessary adjustments. Anyone can make a website in minutes! Even if you never tried to do a site before, you will find free website builder design tools that are easy to use. And seasoned website builders, will love how powerful some of the software is. It's simple, intuitive, and powerful. This makes for the perfect combination for you to build a successful website. Companies that offer free page building offer all the tools you need to create a website. To read more about website builders go to the following websites. Source by Robert V. Reich The post Free Website Builder to Make a Free Website appeared first on Igot Apps. from https://igotapps.com/fast-app-development/free-website-builder-to-make-a-free-website/ A WordPress video tutorial can teach all you have to know about creating a blog. You can use a WordPress tutorial to use templates and plugins to pimp your blog in ways that will make your mates gasp at your skill. Truth! Why WordPress Most people use either Blogger or WordPress for their blog, and there appears to be an ongoing debate as to which is best. I prefer to design my own blogs using Drupal, but that’s not related to this topic. Regarding the Blogger versus WordPress argument, for serious bloggers there is only one answer. WordPress. That is saying nothing against Blogger: run from Google’s hosting site known as Blogspot, Blogger is an easy blogging system to use, and being easy, it has very little opportunity for customization; however Google users can use Google’s toolbar to add posts or online content to their blog at the click of a button. However, WordPress wins hands down when we consider serious bloggers seeking more detailed customization. Sure, you can ftp Blogger to your website and run it from there, but if you do the same with WordPress you have an infinitely larger number of possibilities that Blogger cannot even begin to compete against. WordPress Video Tutorials If you want to operate WordPress form your website you have to do it right, and it takes some knowledge of how your web space works and also of your online databases. However, learning is well worth it, and there are WordPress video tutorials online that can help you to do so easily. There is a lot involved, but all you have to do is copy what you see on the video and you will get the same result as the video does. Not only that, but to make best use of it, you should also learn how to use themes, plugins and widgets. These are what make your blog what it is: add AdSense blocks, a calendar or a blogroll – or all three. You can change the entire appearance of your blog if you wish to do so, but you have to know how to do that. WordPress Templates and Themes WordPress templates are what give your blog its online appearance. You can choose your theme based upon color, or style. For example you can a space-oriented style, woodland, nature, medical, etc. The themes and templates contain graphics that can represent any topic that your blog is based upon. A basketball theme, for example, could be based upon the Nicks colors, or a science theme on test tubes and other scientific equipment. There are thousands of WordPress templates available online, both free and paid. WordPress Plugins and Widgets Plugins are small applications or code that carry out certain actions. For example, you can get a plugin that optimizes your posts for search engines, and a Twitter plugin, for example, will send a tweet each time you make a new post. It will shrink the tweet to a TinyURL link. You can also get a plugin that will provide a calendar on your blog any format you like. A widget is a small icon that activates these plugins when clicked upon. A good WordPress tutorial will explain these to you, and if you are fortunate and have a WordPress video tutorial, you will see exactly how to put these on your blog and make them work as they should. Without a doubt, WordPress, in my view, is superior to Blogger as long as you run WordPress form your own website, and the you will require a WordPress video tutorial, to make sure that you install it correctly, and understand properly how to modify and customize your blog to be exactly as you want it to be. Good Luck! Source by Peter Nisbet The post The Benefits of a WordPress Video Tutorial appeared first on Igot Apps. from https://igotapps.com/fast-app-development/the-benefits-of-a-wordpress-video-tutorial/ Have you ever noticed that the ‘unsuccessful’ business owners seem to be always working – yet never really get anywhere? And they may seem to be frayed around the edges and noticeably tired? And they seem to be surprised when the BAS statements and payments are due. Surprised when their staff leaves them, or they never have any money when big bills are due… And at tax time they are surprised at the amount of tax they have to pay? And they are constantly wondering why if they ‘made so much profit’ why it isn’t in my bank account? These type of business people go on to blame the tax man, the government, or the economy for their worsening business. On the contrary… have you noticed that successful business owners always seem to be in control? Seem to be calm and focused. And prepared for any thing that may ‘come up’. To them business isn’t a surprise any more. Why is this? And how do they do it? Because they have prepared for it. Yes – that’s right, they have prepared for it. Super Successful business owners plan their business growth. They prepare months, quarters and even years in advance. They have sat down with their external and internal people and planned to grow their business. They have planned to deal with staff leaving, changes in market conditions, fires, burglaries, recessions and even loss of life. Great business owners – know, understand and address all the facets of their business when they are planning – and executing and monitoring their business growth. Yet for the average business owner out there – planning is a four letter word! The average business owner asks me… How can you plan in your business they ask? How can you know what’s going to happen? They say without wanting an answer. To me, that’s the best thing about business. It’s the ultimate form of being an artist. You get to create your life and your lifestyle – by creating a business. You start with a blank canvas – and create a business and a lifestyle. The better you are as an artist – the better your painting. The better you are as a business owner – the better your business is – and the better your lifestyle is! So why then do most business owners refuse or neglect to plan their business growth? Well, planning usually doesn’t happen for most business owners because they don’t see it as a priority. In my experience I’ve observed that this can happen for a number of reasons. The biggest one I feel is responsible for most poor business owners not planning – is because of a lack of faith. Most business owners don’t have faith that their business will go onto grow to achieve their plan. So they deem planning a waste of time. After all, why do it if it’s not going to work? Well, think about it a differently… if it does work – would you do it? Because I can show you how to do it so it works – and it works gangbusters. I have business owners that can attest to it. In fact, after a while you get so good at growing your business that you EXCEED your growth plan predictions… would you like to exceed you predictions? Would you be happy if in just a matter of weeks you can save tens of thousands of dollars that immediately give you tens of thousands of extra profit? Would you be happy if in just a matter of months you could reduce your working hours in your business to just 25 hours per week? Would you be happy if in just a matter of months you could roll out a marketing plan that nets you another couple of hundred thousand dollars in net profit? Well I see it, and am indeed part of all of these situations all the time. And so can you. When you start planning your growth. I’ve found that most business owners don’t plan because they also lack the faith that they can control the growth of their business. So they keep in ‘survival’ mode by just doing what needs to be done on a day to day, week to week basis. They almost take pride in surviving. Yet the turning point comes when the business owner starts planning for success, and planning for growth. Because that’s when they have the faith that their business will grow – and almost as importantly – they feel that they can ‘control’ the growth. Plus they also know the tools and the strategies that will help them grow. So they look forward to planning. You see by planning the growth and the possible upset’s that you may face along the way – you can control how your business performs much, much faster than by just winging it. When you ‘wing it’ you’re at the mercy of luck. In my one-on-one Business Coaching Program, I take my clients through a breakthrough process that amazes them at how much easier it will be for them to plan their business growth. If you’ve tried in the past you’ll be delighted with how easy I make it for you. Many clients that I have worked with have faced downturns in their industry that would have previously wiped them out… but now with the knowledge and the tools – they were able to make profits and survive through horrendous situations that wiped their competitors out. Then once the tide turns and the industry starts on an up trend, they’re positioned to take advantage of it. Planning is not the be all and end all. It is another business growth tool that must be used. Why? Because after successfully growing your business, you’ll probably need to plan things in advance. If you go on to make large profits – you’ll need to undertake tax planning. It’s a great situation to be in. Also. With your growth you can enter new markets, new territories and new countries and to get people that are going to support you – they’ll want to see a plan. Planning is easy, and it’s essential. Once you do it a few times, you’ll love the process. All great leaders have plans. So when are you going to choose to become a great leader? Copyright © 2006 by Casey Gollan. All Rights Reserved Source by Casey Gollan The post Top Business Coach Teaches You How To Plan Your Growth appeared first on Igot Apps. from https://igotapps.com/fast-app-development/top-business-coach-teaches-you-how-to-plan-your-growth/ Creating new things leads to growth. Whenever I talk to business owners who want to grow their business, my question is “What are you creating to make that happen?” Many times, they don’t have an answer. Instead, they are just trying to do more of the same things. More meetings, more conversations, more sales, more customers. And if things are working well, then by all means keep doing them. But in order to improve things in a bigger way, we have to innovate. And innovation means creating and trying new things. Create New Things To Sell Creating something new could mean a new product, or program, or package. Having something new to sell can open you up to customers who weren’t buying your previous offer, but might be interested in something a little different. This often happens with my clients who build online courses and training programs. They are able to sell the program to people who hadn’t signed up for one-on-one services. It’s a different approach, a different price point, and a different opportunity. Having a new offer opens up conversations with people that had previously been at a dead end. It can create momentum in your business, and lead to growth in areas that didn’t exist before! Create Things To Reach More People The best way to reach more people is to create things to help you get in front of them. This is where content comes in! What can you create to provide value and give to people? Can you send them a blog article? Offer them a free PDF download? Invite them to an event? Engage with them through a video or audio series? Content is a hot-button word in marketing these days because it works! It’s the best way to find and reach the people who are interested in what you do. With my clients, I recommend creating 1-4 Nurturing Content pieces each month, and one Catalyst Content piece every 12-18 weeks. Creating content is what allows you to get in front of people on a regular basis in a positive way, rather than with the same annoying sales pitch. Creating Systems Another thing you can create to grow your business are systems and processes. What is your process for following up with people? What is the sequence of communications? What do you provide to build a relationship and earn their trust? Maybe you need to create a leveraged program, sales process, or customer service system. What are the pieces of the system? Once you create it, you can use it over and over again. So it comes down to this… If you want to be growing, then you also have to be creating. The fastest growing businesses and individuals have time built in to create things in these categories for their business. How about you? What are you creating next to grow your business? Source by Sarah Schwab The post What Are You Creating Next To Grow Your Business? appeared first on Igot Apps. from https://igotapps.com/fast-app-development/what-are-you-creating-next-to-grow-your-business/ So, you want to start a blog, but you do not know how to start a blog? Sure – it can seem difficult, but really it is a very simple thing. Just to make sure we are on the same page – Blog is short for Web Log. There are so many times of blogs out there that the choice is really up to you as to what you want to use your blog for. It could be conversational, expertise, comical, news related, or just ramblings of what is going on with your day. All are fine – and you will be in good company with each time, as there are thousands of new blogs every day. So – if there are so many getting started, how are people doing it? How are they starting a blog? Free vs Cheap When you get started, you have a choice. Do you want to go with a free blogging service or do you want to have more control over your blog and pay a little bit of money each month for it. Advantages of Free Well, lets see – IT IS FREE. Yea, that is nice. And if you are new to blogging, it is a great place to start. They make it super easy to get started, get online, and start writing. Two of the most popular free blog hosts are Blogger and WordPress. Blogger allows for you to put ads on your blog if you want to try and make a little money. WordPress can do the same, but they are very strict about the type of content / money you can try and generate on WordPress. Disadvantages to Free Well – if you break any of their rules, even if you didn’t mean to – they can suspend your blog without notifying you. It really stinks when you have been working hard and all of a sudden, your blog is gone. People looking for you can’t find you. Your content is no longer available, and of course – you just get ticked when they do something like that. Then there is the ‘Cheap’ option Advantages of Cheap Well, it isn’t free – but you can get a blog set up on your own hosting account and with your own domain for about $15 the first month (domain is $10, hosting is $5/month) and $5 each month after that. So – it really can be cheap. On top of that – your blog will not be suspended. You have control over the templates, the layout, the colors, the advertising, and just about everything else you could imagine. It is a great way to go if you want to bog. Disadvantages of Cheap It takes a bit more time to get your blog set up and running. Not by much – but a little bit. In terms of how to start a blog – this is the more complicated method. Recommendation: If you are just getting started online and want to blog quickly and easily – go for the free option. If you have some experience with websites and want to do your blogging your way, or if you want to make some money at blogging – go the cheap way. Source by Will Lowrey The post How Do I Start a Blog? appeared first on Igot Apps. from https://igotapps.com/fast-app-development/how-do-i-start-a-blog/ Are You Aiming to Be One of the World’s Top Bloggers? In the past few years, blogs have become one of the world’s most powerful media of communication. With their current and up-to-date content, it’s not a surprise that bloggers have captured the world’s attention and have satisfied their readership’s craving for something fresh and new. In fashion, for example, top bloggers like Bryanboy and Rumi Neely sit front row at major fashion shows around the world. So if you’re thinking of becoming a blogger, it’s not too late to join the ranks of the world’s most successful blogger celebrities. All you have to do is to create a blog and get started. Self-Hosted vs Free Blog/Site There are several blogging platforms that let you create a blog for free. WordPress and Blogger (or Blogspot), for instance, are two of the world’s leading blogging platforms. Both of them have strengths and weaknesses, but many people prefer WordPress because it has more functionalities. The only problem with these free platforms is that you don’t have to get your own domain name, and that you don’t have full control of your site’s content. For instance, if Google suspects your Blogger blog of spamming, it can easily shut it down in seconds. As for WordPress, you won’t have full control of all the available functionalities and widgets unless you pay for an upgrade. This is the reason why serious bloggers opt for a self-hosted website. With a self-hosted site, not only can a blogger have full control of his content, but he can also establish his brand through a unique domain name. In addition to that, a blogger can easily customize his blog to the appearance that he prefers. However, having a self-hosted blog comes with its own share of disadvantages. For instance, in order to maintain your domain name, you have to pay hosting services and domain registration fees on a regular basis. How to Get a Self-Hosted Blog There are three general steps to have your blog ready and live on the Internet. These steps are outlined below. 1. Register your domain name. If you create a free blog, your URL (or the web address of your blog) carries the name of the blogging platform you registered with (e.g., yourwebsite.blogspot.com or yourwebsite.WordPress.com). But when you have a self-hosted blog, the “blogspot” or “WordPress” part will disappear. To achieve this, think of an easy-to-remember domain name, and register that name with a reputable registrar. Take note that domain registration is not free. 2. Buy web hosting services. Having a domain name is not enough. You need to have a web host to store all your files and the content of your blog/website. So after registering your domain name, you need to buy hosting services from a reputable hosting company. You can buy hosting services from the same registrar or from another company. 3. Build your website. Some web hosting companies offer free applications to help you start building your website. Some of these applications include WordPress and Joomla. Upon installation of any of these applications, you can start by choosing the best theme for your site, customizing it to the desired look and feel, and filling it in with unique and quality content. Source by Jeremy B. Kim The post Should You Get a Free or Self-Hosted Blog / Website? appeared first on Igot Apps. from https://igotapps.com/fast-app-development/should-you-get-a-free-or-self-hosted-blog-website/ Formula Basics Formulas in Microsoft Excel begin with an equal sign. The equal sign tells Excel that the succeeding characters constitute a formula. If you don’t enter the equal sign, Excel will treat your entry as text and the calculation will fail. To show how formulas work, we’ll begin with a simple exercise by selecting blank cell A1. Then type =5+5, and press Enter. Excel performs the calculation and produces a result of 10 in cell A1. Notice the formula bar shows the formula you just typed. What appears in the cell is the result; what appears in the formula bar is the underlying value, which is a formula in this case. Excel Order of Calculations When performing calculations in a formula, Excel follows certain rules of precedence: Excel calculates expressions within parentheses first. Excel calculates multiplication and division before addition and subtraction. Excel calculates consecutive operators with the same level of precedence from left to right. For example, the formula = 10+10*2 gives a result of 30 as Excel multiplies 10 by 2 and then adds 10. However, the formula =(10+10)*2 produces a result of 40. This is because Excel calculates the expression (10+10) within the parentheses first. It then multiplies by 2. If you are unsure of the order in which Excel calculates, use parentheses – even if the parentheses aren’t necessary. Parentheses also make your formulas easier to read. Referencing Cells in Formulas You can include or reference other cells in a formula. When you do so, the result of the formula depends on the values in the referenced cells and changes automatically when the values in the referenced cells change. This is extremely powerful in what-if scenarios. To see how this works, enter 10 in cell A1. Now select cell A2 and type =A1*2. The value in cell A2 is 20. If you change the value in cell A1 from 10 to any value, the value in cell A2 will also change. Cell references are especially helpful when you create complex formulas, or conduct what-if analysis. To reference cells in your formula you can select them with your pointer rather than having to type. For example, to enter a formula in cell A1 that references cells A2 and A3, do the following:
The active cell does not have to be visible in the current window for you to enter a value in that cell. You can reference cells any where; in existing worksheet, another worksheet or even cells in other workbooks. You simply scroll through the worksheet without changing the active cell and click cells in remote areas of your worksheet, in other worksheets, or in other workbooks, as you build a formula. The formula bar displays the contents of the active cell, no matter which area of the worksheet is currently visible. Relative, Absolute, and Mixed References Relative references refer to cells by their position in relation to the cell that contains the formula. A relative reference to cell A1, for example, looks like this: =A1. Absolute references refer to cells by their fixed position in the worksheet. An absolute reference to cell A1 looks like this: =$A$1. A mixed reference contains a relative reference and an absolute reference. A mixed reference to cell A1, for example, looks like this: =$A1 or =A$1. If the dollar sign precedes only the letter such as $A1, the column A is absolute, and the row 1 is relative. If the dollar sign precedes only the number such as A$1, the column A is relative, and the row 1 is absolute. Absolute and mixed references are important when you begin copying formulas from one location to another. When you copy and paste, relative references adjust automatically, while absolute references do not. This means if you copy this formula =B$1+$B2 from cell A1 to B2. In cell B2, the formula would adjust to =B$1+$B3. You can change reference types by pressing F4. The following steps show how: 1. Select cell A1, and type =B1+B2 (but do not press Enter). 2. Move the cursor near B1 and press F4 once. The formula becomes =$B$1+B2. Move the cursor near B2 and press F4 once. The formula becomes =B1+$B$2. 3. Press F4 again on either B1 or B2 to change the reference to mixed; relative column and absolute row. 4. Press F4 again to reverse the mixed reference; absolute column and relative row. 5. Press F4 again to return to the original relative reference. Relative reference is the default. If you want to make a reference mixed or absolute, use F4 to do so. References to Other Worksheets You can refer to cells in other worksheets within the same workbook just as easily as you refer to cells in the same worksheet. For example, to enter a reference to cell A2 in Sheet2 into cell A1 in Sheet1, do this: 1. Select cell A1 in Sheet1, and type an equal sign. 2. Click the Sheet2 tab. 3. Click cell A2, and then press Enter. After you press Enter, Sheet1 is now active. Select cell A2, and you will see that it contains the formula =Sheet2!A2. The exclamation point separates the worksheet portion of the reference from the cell portion. References to Worksheets in Other Workbooks You can refer to cells in worksheets in other workbooks in the same way you refer to cells in other worksheets within the same workbook. These references are called external references. For example, to enter a reference to Book2 in Book1, follow these steps: 1. Create 2 workbooks; Book1 and Book2 2. Select cell A1 in Sheet1 of Book1, and type an equal sign. 3. Switch to Book2. Click to select A2. 4. Press Enter After you press enter, your formula should be =[Book2]Sheet1!$A$2. This reference has 3 parts: The Workbook Book2 in square brackets, the worksheet and the cell. So referencing cells in external workbooks by selecting the workbook, then worksheet, and then the cell you want to reference. Learn more about Excel spreadsheet at [http://www.tayop.net.au/ExcelTraining/tabid/59/Default.aspx] The post Creating Excel Spreadsheet Formula Tutorial appeared first on Igot Apps. from https://igotapps.com/fast-app-development/creating-excel-spreadsheet-formula-tutorial/ Every business, whether small or big needs a customized invoice that reflects their status and professionalism. An invoice is a proof that can benefit the seller and buyer at all times. An invoice in reality is a proof that is made for the transactions between the seller and the buyer for the products sold or the services rendered. Therefore, it is an inevitable part of any business. There are many ways to create a good invoice as it can be created both manually and by downloading invoice templates from the different websites and software programs. The irony of invoices is that though they serve the same purpose, each of them differs according to the business transactions and the nature of the dealings. There are different types and forms, therefore the business men should first decide on what form they need their invoice and customize it accordingly. There are some essential details that have to be included in every form of invoice. Some of them are the name and address of the business concern or the manufacturers, the date that the invoice has been created, the official phone number used for the business and of course the name of the person dealing the business. The other important details that should be incorporated are the exact description about the services rendered or about the goods sold. The credit memo and the debt memo especially deal with issues related with the refund matters. The credit memo is issued when the buyer returns the goods that he has bought and gets the repayment for it. In the same manner, when a company is not able to keep up its promise on the delivery time or has related issues, the debt memo is issued as a proof for the amount to be paid along with the penalty. The importance of a good invoice in all business transactions and transactions is an undisputable fact. It is a solid proof which is upheld in any court in case the project or the sale is contested. Therefore, care should be taken to incorporate all the necessary details that can help a buyer as well as the seller in case of any untoward incidents or disputes. Source by Chris Cornell The post How To Create An Invoice That Reflects Your Professionalism? appeared first on Igot Apps. from https://igotapps.com/fast-app-development/how-to-create-an-invoice-that-reflects-your-professionalism/ Being able to have a great conversation is key to being a good friend or meeting new people. Here are some tips that will help achieve this. Do's Be genially interested. Be sure the person you're talking to is someone you want to get to know more about. Be interesting – Nobody likes a boring person. Have a wealth of knowledge at your disposal. This will help keep the conversation lively. It's always good to keep up with current events, movies and popular music. Listen – Believe it or not you do not have to do all the talking. A good listener is just as important to contributing to the conversation. Nonverbal communication skills – Make eye contact and make sure your whole body is facing them. This shows your interest and keeps ones mind from drifting. Nonverbal cues – Chances are if the person you are talking to is scanning the crowd or glancing at their watch often, they probably are not interested in getting to know you. Move on Be Flexible – Even if you do not know much about a topic ask questions and learn about it. Be Open Minded – You will make a great impression if you try to keep an open mind. Close-mindedness is a turn off Don'ts Do not try and think of what you're going to say next. This is rude and you will probably miss what your prospective friend or client is saying Do not interrupt – It's rude and it ruins conversations. Implementing these few tips will make conversations a whole lot easier to have and these tips can also help you make more friends as well. Source by Celeste Jamils The post How to Make Conversation appeared first on Igot Apps. from https://igotapps.com/fast-app-development/how-to-make-conversation/ |
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