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Home Based Business and Pies

Speaking of pies, I’m sure that at some point, Four and Twenty or Old Blogs started in someone’s kitchen, baking the lamb shanks, cooking the meat mixture, filling the pie crusts by hand, and then were delivered to a local bakery or sent directly. to the homes of customers who have already ordered.

That image acted as a brain teaser to get me thinking about Pie Charts and Business Managers. What is the difference between the two you ask? Let’s look at big companies and their senior management. Information flow, multiple projects, financial measurement, resource analysis, profit trends, marketing analysis, etc.

So senior managers who complain that they are time-poor and attend too many meetings, and manage too many products or operations, have learned to ask for and give information in a simple photographic style. Show them a graph that shows an upward or downward trend line in terms of revenue or expenses, a bar graph that shows a summary at different times, a traffic light report with red or green graphs that show the current status of projects. . , and that information can be understood in seconds rather than going through word-heavy qualitative reports.

Showcase your home business now. I used a home business woman with a child as an example. As a simple exercise draw a circle on a page, and call it 24 hours, now draw two lines to create a section for seven hours of sleep (wishful thinking), add a section for bathing for one hour, meal preparation add, feeding the children, drinking, cleaning up after each meal, breakfast and dinner say three hours. Now add two hours for interruptions, such as delivering the courier, making non-contact phone calls, talking to the spouse, washing, putting the clothes in the washing machine. , dryer, vacuum the house a bit, maybe clean the bathroom, etc.

Now look at related business management jobs. You need some time to research, so check out the sky business channel, read the financial review, read the local paper and business ads to see how other small businesses are advertising, Google some business like online , check the resistance, allow two hours. .(Call it Competitive Business Intelligence if you like.)

Also about all the administrative work? Load the paper into the copier or printer, fix the paper pencil, change the mouse batteries, shred the paper because you tried to feed eight files at once, enter the last business card names into Microsoft Business Contacts, file documents, and finally make a list of tasks for the next day (two hours).

Now the last part on your pitch is the amount of time your business has. In the demonstration case this time is 4.5 hours (oh really!) Is it time to read and respond to all your business emails, pitch for new work, track work in progress, on marketing campaigns Apply for a new product or offer. , ring business contacts, provide some potential new referrals who may be future clients, ring about work in progress and generally contribute to all other functions that affect your business? And don’t forget you haven’t left the house.

If you need to go shopping, pick up the kids, go to a doctor’s appointment, go to the gym for a fitness dose, and what, shock and horror, if you went to the library for more research or attended a workshop or network. event Now your “my business” section looks like a tiny slice of a big pie.

Food for thought? Have a piece of onion and a cup of tea and think about it.

Create your own Pie Chart in Microsoft Excel 2007

1. Open the new program. In cell 1, type Activity in Column A, Hours in B, and Percentage (%) in C

2. In the left column A, starting in cell a2, enter each daily activity at the bottom of the column.

3. Make the last action my business. Under that, enter Total

4. In column B, put an estimated time in hours for each activity, for example 1, 0.5, 0.75

5. Total column B, the last cell must be full for 24 hours. The formula is =sum (b2:b12) or use Autosum

6. The cell formula for “my business” in Column B is =24-sum(b2:b11)

7. The formula of cell C2 of column C is the ratio of 24 hours =b2/$b$ cell b shows 24 hours.

8. To convert C2 to a percentage, go to Menu, Number, select Percentage from the drop-down menu, your cell will now display a percentage

9. In Cell C2, click the black bottom right corner and drag the formula from cell C2 to the bottom of the column.

10. Left click, hold and drag the mouse 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 on #2-2D-Pie, go to the design menu, Chart Tables, select Layout 2 or 6.12. In the chart, change the title of the chart. Use the Chart Styles on the Menu to change the colors accordingly. 13. You now have a completed Pie Chart.

Easie Piesie!

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