Sunday, February 25, 2018

A Complete Guide to Understanding the Basics of a Cell in Ms Excel

4:13 PM 0
When working with Excel, you'll need to enter information, or content, into cells. Cells are the basic building blocks of a worksheet. You'll need to learn the basics of cells and cell content to calculate, analyze, and organize data in Excel. Here you will  learn everything you need to know about cell in excel and cells basic contents  with screenshots.

Knowing what a Cell is in Microsoft Excel

A cell is the intersection of a row and a column. Columns are identified by letters (A, B, C), while rows are identified by numbers (1, 2, 3). Every worksheet is made up of thousands of rectangles, which are called cells. A group of cells is known as a cell range. Rather than a single cell address, you will refer to a cell range using the cell addresses of the first and last cells in the cell range, separated by a colon.


For example, a cell range that include cells A1, A2, A3, A4, and A5 would be written as A1:A5.

Consider the image below: cell range A1:A14



Cell range A1:C10



How to select a cell range in excel

Tip: The cells can be adjacent or non-adjacent

Sometimes you may want to select a larger group of cells, or a cell range.

Steps for selecting adjacent ranges

Selecting cells and ranges in excel can be done by using the following methods:

1. Click, hold, and drag the mouse until all of the adjoining cells you wish to select are highlighted.

2. Release the mouse to select the desired cell range. The cells will remain selected until you click another cell in the worksheet.

Steps for selecting non-adjacent ranges:

If you are that of a person that find it difficult on how to select non-adjacent cells in excel (all versions), do these:

1. Select the first range

2. Hold down the Ctrl key and select the other cell or range.

Cell Content

Any information you enter into a spreadsheet will be stored in a cell. Each cell can contain several kinds of content, including text, formatting, formulas, and functions.

Cells can contain text, such as letters, numbers, and dates.


Formatting Attributes of a cell

Cells can contain formatting attributes that change the way letters, numbers, and dates are displayed. For example, percentages can appear as 5.10 or 20%. You can even change a cell's background color.


Formulas and Functions

Cells also contain formulas and functions that calculate cell values. For example, =SUM (B2:B5) adds the value of each cell in cell range B2:B5 and displays the total which is the result in cell B6.


To insert content

1. Click a cell to select it.

2. Type content into the selected cell, then press Enter on your keyboard. The content will appear in the cell and the formula bar. You can also input and edit cell content in the formula bar.

To copy and paste cell content

Excel allows you to copy content that is already entered into your spreadsheet and paste that content to other cells, which can save you time and effort.

1. Select the cell(s) you wish to copy. 

 2. Click the Copy command on the Home tab, or press Ctrl + C on your keyboard. 

3. Select the cell(s) where you wish to paste the content. The copied cells will now have a dashed box around them. 

 4. Click the Paste command on the Home tab, or press Ctrl + V on your keyboard. 

5. The content will be pasted into the selected cells.

To access more paste options

You can also access additional paste options, which are especially convenient when working with cells that contain formulas or formatting. 

To access more paste options, click the drop-down arrow on the Paste command.

TIP: Rather than choosing commands from the Ribbon, you can access commands quickly by right-clicking. Simply select the cell(s) you wish to format, then right-click the mouse. A drop-down menu will appear, where you'll find several commands that are also located on the Ribbon.

To drag and drop cells

Rather than cutting, copying, and pasting, you can drag and drop cells to move their contents.
  • Select the cell(s) you wish to move.        
  • Hover the mouse over the border of the selected cell(s) until the cursor changes from a white cross to a black cross with four arrows.
  • Click, hold, and drag the cells to the desired location.
  • Release the mouse, and the cells will be dropped in the selected location.

To use the auto fill handle

There may be times when you need to copy the content of one cell to several other cells in your worksheet. You could copy and paste the content into each cell, but this method would be very time consuming. Instead, you can use the fill handle to quickly copy and paste content to adjacent cells in the same row or column.
  • Select the cell(s) containing the content you wish to use. The fill handle will appear as a small square in the bottom-right corner of the selected cell(s).
  • Click, hold, and drag the fill handle until all of the cells you wish to fill are selected.
  • Release the mouse to fill the selected cells.

The fill handle

To continue a series with the fill handle;

The fill handle can also be used to continue a series. Whenever the content of a row or column follows a sequential order, like numbers (1, 2, 3) or days (Monday, Tuesday, Wednesday), the fill handle can guess what should come next in the series. In many cases, you may need to select multiple cells before using the fill handle to help Excel determine the series order. In our example below, the fill handle is used to extend a series of dates in a column.

Find and Replace

When working with a lot of data in Excel, it can be difficult and time consuming to locate specific information. You can easily search your workbook using the Find feature, which also allows you to modify content using the Replace feature.

To find content in excel

1. From the Home tab, click the Find and Select command, then select Find... from the drop-down menu.

2. The Find and Replace dialog box will appear. Enter the content you wish to find. 3. Click Find Next. If the content is found, the cell containing that content will be selected.                                                                                   
4. Click Find Next to find further instances or Find All to see every instance of the search term.

5. When you are finished, click Close to exit the Find and Replace dialog box.

I believe, with the above explanations, examples, and screenshots you now understand what is cell basics in excel.

Wednesday, February 21, 2018

Businesses Suitable For Partnership Legal Structure

11:20 PM 0
Fact to note before going into a partnership form of business. In a partnership legal structure, persons having different types of talents, expertise skills and managerial abilities come together for a business partner relationship. So it is a form of business venture where each partner contributes the best as per his specialization and experience.

What is Business Partnership?

A partnership is a form of business in which two or more people operate for the common motive of making profit.

Those who engage in this forms of business ownership are called partners - business partner relationship (corporate legal structure).

business partner relationship

Legally, the number of persons that should engage in a partnership business is between two (2) and twenty (20) persons.

Characteristic Of Partnership
  1. The capital is provided by the members who make personal contribution to the establishment and running of the business. 
  2. The partners pool their talent knowledge together for the successful running of the business.
  3. It is very easy to form and dissolve.
  4. All the partners have unlimited liability.

Sources Of Capital Available To Partners
  1. Trade credit 
  2. Contributions by the members 
  3. Loans from private individuals 
  4. Retained earnings.

Formation of partnership business for the prevention of misunderstanding or conflict among the partners, it is advisable to reduce all the agreements into written form future purpose. 

When this is done, the document becomes an “article of partnership” or “partnership deed”.

The contents of a partnership deed or article of partnership are as follows:
  1. The name of the business to be run; 
  2. The type of business undertaken;
  3. The names of the partners; 
  4. Amount of capital contributed by members of partners; 
  5. How profit and losses is to be shared among members; 
  6. The duration of the partnership;
  7. The location of the business;
  8. Steps for the dissolution of the partnership 
  9. Right and obligations of each partner; 
  10. How to distribute the partnership assets upon its dissolutions;
  11. Procedure for withdrawal of capital by the partners;
  12. Duties and power of each partner;
  13. Commission payable to the partners, if any.

Types Of Partnership Business

There are two types of partnership business structure, namely:
  1. General or ordinary partnership
  2. Limited partnership 

Types Of Partners 
  • Nominal Partners: These partners do not invest any capital, or share profits.  They “only” allow the firm to use their “name” as a partner.
  • Dormant Partners: This type of partners only contribute capital and share the profits or bear the losses, if any. They are not part of the managerial crew.
  • Active or General Partners: This type of partners contribute capital, share profits and other challenges that business faces. 

Right and liabilities accrue to each partners in a partnership business.
  1. The right to get interest on the capital or loan granted to the business.
  2. Right to consent to the admission of a new member 
  3. Right to take part in the day-to-day running of the business.

Advantages Of Partnership Form Of Business 
  1. Risks Sharing: All the partners share the business risks equally assuming they all contributed equal capital. 
  2. It is easy to form: It does not compulsory require any legal formalities. It is not necessary to get the firm registered. A simple agreement between members of the partners is sufficient to create a partnership.
  3. Availability of large resources: The partners can contribute more capital, more effort and more time for the business as compared to a sole proprietorship.
  4. Better decision making: In case of any conflict, they can sit together to solve the problem.

Disadvantages Of Partnership Form Of Business 
  1. Sharing Of Profits: There is no set system for sharing profits in a partnership form of business thereby causing conflicts among partners. 
  2. Lack of harmony: There might be disagreement between partners.
  3.  Uncertainty of life: Partnership form of business might come to an end with death,  unsatisfied partner e.t.c.

This decision have an impact on how much you pay in taxes, it will affect the amount of paperwork your business is required to do, the personal liability you face and your ability to raise money.
 Before going into any form of partnership business, the above ideas should be put into consideration for a legal structure of a business plan.

Hope you enjoyed reading? 

Saturday, February 17, 2018

9 Amazing Business Growth Strategies Everyone Should Learn

12:44 PM 0
Business growth is an indication that a business is surviving and succeeding. Business growth is a function of many factors, such a function of many management.

Growth in business does not just happen; it is planned. All business, small or large, desire to grow.

That's why Entrepreneurs or small business owners employ different strategies in order to grow their business.

What is business growth? 

Business Growth Definition: When a business is growing, it means the business is achieving some measure of success. As mentioned above, business growth is an indication that a business is surviving.

The growth of any business could be in terms of increase in sales volume profits, productivity and size.

Business growth strategies

Reasons Why Businesses Needs To Grow

Entrepreneurial firms strive to grows using different types of business growth strategies for some of the following reasons:
  1. For influence power and survivability: Entrepreneurs grow their business in order to gain more power in the industry.
  2. To Employ and Retain Employees that are competent in doing their job: A business needs to grow in order to be able to employ, manage, and retain its employees. It's when a business grows that it can provide such opportunity.
  3. To meet customer's wide spreed demand for the firms products or services.
  4. To be a market leader: They need to grow in the world of business is to attain the status. Entrepreneurs want to become market leaders.

Internal Business Growth Strategies 

Business owners adopt different strategies to grow. Internal business growth strategies are moves or action geared towards the growth of any firm within the business itself.
(1) Product development strategy
(2) Penetration strategy 
(3) Market development strategy 
(4) Diversification strategy 
(5) Going International 

External Business Growth Strategies: This involves establishing relationships with their parties. 

Examples of external business growth strategies include:
  1. Licensing 
  2. Franchising 
  3. Mergers and acquisitions 
  4. Strategic alliances and joint ventures.


How To Manage A Business Growth

When a business grows, it needs also increase. Additional equipment to handle increased the workload might be required and existing personal might need to be trained.

Also, it might require additional capital to meet its increased financial obligations.

Another location might be needed as the current location might not be enough to accommodate increased businesses activities. All these must be looked into.

Wrap Up:
These are the ways you can focus your time on business growth strategies to boost your productivity, and get 10x results from your marketing and that's why I called this an “X-rays into the world of business growth”.

If you have any questions, opinion, regarding this topic or any online business ideas for beginners, please kindly drop your comment via the comment box below. Do have a pleasant day! 

Tuesday, February 13, 2018

How To Use The Excel IF Function To Build Logical Expressions

9:48 PM 0
The IF function is one of the common excel formulas, and it allows you to make logical comparisons between a value and what you expect. In its simplest form, the IF function says: IF (something is true, then do something, otherwise do something else).

So, an IF statement can have two results. The first result is IF your comparison is true, then secondly IF your comparison false.

The IF function in excel can be used to evaluate both text and values. It can also be used to evaluate errors.

How do I use IF in excel

If you are going to use the text in excel formulas, you need to wrap the text in quotes e.g. “sample text”. The only exception to that is using true or false, which is excel automatically understands.

The Count IF Function In Excel

The count if function in MS Excel counts the number of cells in a range - that match the supplied criteria

Non-numeric criteria needs to be enclosed in double quotes, but numeric criteria does not (multiple if statements in excel).

Check out some of the basic excel functions with examples.

For example:
= Count IF (A1:A10, 100) // count cells equal to 100.
= Count IF (A1:A10, “>32”) // count cells greater than 32.

These is known as greater than or equal operation to in excel.

Referencing A Cell From Another Worksheet 
An external cell reference in MS Excel is nothing more than a reference from one cell to another or a range of cells outside the current worksheet.

How To Reference Another Sheet In MS Excel
  • Start typing a formula either in a destination cell or in the formula bar
  • When it comes to adding a reference to another worksheet, switch to that sheet and select a cell or a range of cells you want to refer to.
  • Finish typing the formula and press the “enter” key to complete it. 
For example: 
Start by typing the formula = 20%* in the cell B2 on sheet VAT. 

Switch to sheet sales, and click on the cell B2 there. MS Excel will immediately insert an external reference to that cell. If you want to learn MS Excel shortcut keys and all the formulas, stay tuned for my next article which is going to cover the most important formulas in MS Excel you would love to learn.

How To Easily Move Around The Worksheet In MS Excel

12:04 AM 0
Navigating the worksheet can either be done by using the mouse or the keyboard. Navigating around an MS Excel document can be fun if really you mastered the pros and cons of the formulas.

MS Excel navigating tutorials

In order to move around the worksheet area by using the mouse, you should follow the instruction below:

A cell can be made active by clicking the cell. Any cell that is clicked upon on the worksheet is known as an active cell.

You can also move around the worksheet window by clicking on the horizontal and vertical scrollbar.

Note: that a worksheet is that part of the screen consisting of grid lines, rows and and columns. Columns are labeled while rows are numbered.

You move between worksheet by clicking the sheet tabs at the bottom of any worksheet window either in the math worksheets or budget worksheet.

On the other hand which is: Navigating the worksheets using the keyboard.

√ Arrow Keys: Moves the cell pointer in the different of the arrow one cell at a time.

√ CTRL + Up/Down Arrow Keys: Moves the cell pointer up/down to the very beginning/end of the current columns.

√ CTRL + Left/Right Arrow Keys: Moves the cell pointer left /right to the edge of the current data entry.

Tab: Moves the active cell to the cell on the right.

Home: Move the cell pointer to the first cell of the row.

√ Ctrl +Home Key: Move the active cell to the first cell in the worksheet, i.e. A1.

√ Page Up/Page Down: Moves the cell pointer up/down one screen.

Alt + Page up/ Page down key: Moves the active cell left/right on screen.

√ Ctrl + page up/down: Moves the active cell to the previous/next worksheet area in the workbook.

Data Entry In Excel
MS Excel accepts numbers, labels, and formula as data entry into the worksheet for manipulation.
  • Labels: In MS-Excel, the labels consist of text and combination of text and numbers. Labels are always left aligned by default.
  • Numbers: Consist of numeric digits from 0 through 9. Numbers are Usually aligned right by default.
  • Formula: The purpose of the formula is to instruct the work to perform calculations automatically. This function could be considered a supper teacher in worksheets.
Note that: A formula must begin with an equal (=) sign. And it is an expression that performs calculations on worksheet data.

The above shortcut is the most easier way to quickly jump to a different Microsoft Excel worksheet in the current workbook.

Sunday, February 11, 2018

Best Birth Control Pills - How to Use Combined Oral Contraceptives For Women

3:58 AM 0
Birth control pills are used to prevent untimely pregnancy. There are many types of birth control options for women but “The Pill”, a combined oral contraceptives is one of the best birth control pills recommended by many birth control professionals.

Based on the clinical research, it has been proven to be 99% effective if perfectly used as instructed by the experts and 93% effective if typically used. 

Different methods of birth control has been used since ancient times, but it remains the most effective and safe birth control options for women since the 20th century till date.

Birth control pills

Generally, using any method of birth control is called family planning, aka contraception.

General Information:
  • The pill requires that you take 1 pill every day 
  • It May cause irregular bleeding during the first few months of use
  • May also cause absence of periods or other side effects 
  • It's safe for women with HIV/AIDS, even if she takes antiretroviral (ARV) medicines.
  • There are different birth control brands and combined oral contraceptives. Discuss available and most appropriate method with provider.
  • Does not protect against STIs, including HIV.
Birth Control Pill Effectiveness For Pregnancy Prevention

As stated earlier, pregnancy rate in the first year of use is:
  • Less than 1 pregnancy out of 100 women, I.e. 1% of 100 women that uses the contraception correctly without missing a single day got pregnant.
  • Typical use, this refers to those who often missed some pills, and the rate of pregnancies among these people is 8% out of 100 women.
How Do Oral Contraceptives Works 


  1. The pill is most effective when you take the pill at the same time every day. 
  2. The pill contains small amounts of the hormones estrogen and progestin
  3. These hormones make mucus around the cervix thick. This stops sperm from meeting an egg.
  4. They also prevent the release of eggs from the ovaries (ovulation).
Important Facts:
- You control the method. 
- Can be stopped at anytime without a provider's help.
- Does not interfere with s*x.
- You have to remember to take a pill once a day, every day.
- Always use male or female condoms to prevent HIV and other STIs.

Method Not Advised if You:
  • Are breastfeeding an infant less than 6 months old. 
  • Smoking cigarettes and are 35 years old or older.
  • Have high blood pressure, 140/90 or higher.
  • Have certain uncommon serious diseases of heart or blood vessels. Discuss with your provider.
  • Have severe liver conditions.
  • Have blood clots, deep vein thrombosis, or pulmonary embolism, or are on anticoagulant therapy. See your doctor.
  • Have lupus 
  • Have gall bladder disease, even if medical-treated. Discuss your provider. 
  • Having breast cancer or a history of breast cancer.
  • Have migraine headaches (a severe headache that does not go away with paracetamol).
  • Take medicine for seizures or take rifampcipin or ritonavir-boosted protease inhibitors as part of HAART. 
Benefits Of Birth Control Pills 
  1. Helps prevent cancer of the uterus and ovaries.
  2. Helps prevent pelvic inflammatory disease (PID).
  3. May help protect against ovarian cysts and anemia.
  4. Reduces menstrual cramps and menstrual bleeding problems.
How To Use Oral Contraceptive Pills
  • Begin with the first pill in the packet today if your provider is reseanably sure you are not pregnant.
  • Take 1 pill every day, for example every night before going to bed.
  • If you vomit within 2hrs of taking a pill, take another pill from your packet as soon as possible. Continue taking pills as usual.
  • Have a new packet of pills on hand before you finish your 28-days or 21-days packet.
See below table for a comprehensive details in tabular form:

If Using: What To Do:
A 28-day packet and you finish the packet  Begin a new immediately.
A 21-day packet and you finish the packet  Wait no more than 7 days before starting the new packet.

If you get your pills from a pharmacy, read the above explanations on contraceptive pills side effects, or the instructions in the brochure. 

If you miss any pills, follow the instructions below:

If You: Do This:
Missed 1 or 2 pills
  • Take a pill as soon as possible.
  • Keep taking pills as usual. (You may end up taking 2 pills at the same time or on the same day.)
Missed 3 or more pills in the 1st or 2nd week of pill cycle
OR
Start a new packet 3 or more days later

  • Take a pill as soon as possible.
  • Use a backup method (Condom) or avoid s*x for the next 7 days. 
  • If you had unprotected s*x in the past 5 days, consider taking emergency pills (ECPs). 
Missed 3 or more in 3rd week of the pill cycle
  • Take a pill as soon as possible.
  • Finish all hormonal pills in the packet. For a 28-pill packet, throw away the 7 non-hormonal pills at the end of the packet.
  • Start a new packet the next day.
  • Use a backup method (Condom) or avoid s*x for the next 7 days.
Missed any non-hormonal pills (last 7 pills in 28-day pill packet).
  • Discard the missed non-hormonal pills.
  • Keep taking the pill, one each day. Start the packet as usual

Note: Return to the health care facility anytime if you have any problems or questions about pros and cons of the birth control pills side effects.

Friday, February 9, 2018

The Unconventional Guide to Business Risk Management

4:15 AM 0
In business, risk is inevitable and its avoidance is impossible.

All business, new or old, small or large, face different types of risk. As an entrepreneur, you do not need to be afraid of risk if you follow a financial risk management that works.

Though, it is not all risks you should take. You should take only calculate or moderate risks through the top business risk management techniques.

We can not be talking of risk management in business without knowing what risk itself means.


Literally, risk means possibility of loosing injury or peril. Risk is therefore defined as the possibility of an event occurring and its consequences.

Bus risk management case study

There are lots of business risks faced by most young entrepreneurs today, below we listed them based on the causes respectively, (risk identification case study).

Types Of Risks In Business
  1. Financial Risk: Financial risk as a risk which relates to the flow of cash in and out of business, and the possibility of a financial lost in a business.
  2. Physical Risk: This refers to the direct risk posed by climate change which includes the physical effects of droughts, floods, storms and rising sea levels. 
  3. Operational Risk: Operational risk refers to an unexpected failure in the day-to-day business operations. These includes bad risks management implementation resulting from breakdown of major equipment causing production delays or faulty IT systems.
  4. Strategic Risk: Every business requires an effective strategy to be able to compete and remain successful in marketplace. A business faces a strategic risk when its strategy becomes ineffective, and it is finding it difficult to achieve its main objectives.
Risk Management Case Study With Solutions

Risk can affects every parts of a business and its interconnected. In order to properly manage risk, management should consider the effects of a given risks across multiple dimensions of the enterprise, including the impact on the organization’s reputation.

However, when assembling quick response teams, it is important to include personnel from different functions and with unique perspectives.

    Friday, February 2, 2018

    The top 5 Causes of Entrepreneur Failure, (And Remedies)

    8:47 AM 0
    In order to lay a solid foundation for your business and get the best possible interest rate, we HIGHLY recommend you look at these top 5 causes of entrepreneur failure.
    Young entrepreneur growth
    At the end of this post, you would be able to understand entrepreneurial success and failure reasons and remedies.

    But before then, here are some of the biggest causes of entrepreneurial failure among young entrepreneurs:
    1. Weak personality.
    2. Loner syndrome.
    3. Too little financial backing.
    4. No plans.
    5. Vague business.
    The above-mentioned things are the main causes of entrepreneur failure but;

    As a young entrepreneur, you have to know that business opportunity is an attracting investment idea that provides profit to the investor or the risk bearer.

    Every entrepreneur needs a good business opportunity in their day-to-day business activities in order to avoid business failure, most especially, mastering the above 5 killer factors that has been the causes of entrepreneurial failure.
    • Customer's need 
    • Product must be competitive 
    • Profit 
    • Meet objectives 
    Reasons for generating business ideas so as to do create a unique reputation for your business.

    Reasons

    • In order to stay ahead of competition
    • To be in turn with latest technology 
    SWOF analysis: SWOT stands for Strength, Weaknesses, Opportunity and Treat. ‣ Strength are the entrepreneur strong hold. ‣ Weakness implies short coming. ‣ Opportunity are possible areas of exploration. ‣ Treats are these things that are obstacle to the wheel of progress such as competitors.

    Business Plan 

    A business plan is a plan designed to translate business ideas into action.

    Why you should write a business plan
    1. It provide guidance 
    2. It helps to focus ideas
    3. It helps you manage the business 
    4. It is a strong communication tools
    5. It saves time 
    And before writing a business plan, make sure you are familiar with the type of plan you want to write about. To make things easy for you, below are some of business plans of which you can choose any that suits your type of business.
    Types of plan that may be part of business opportunity:
    1. Financial plan 
    2. Marketing Plan 
    3. Sales Plan 
    4. Production planning 
    5. Operation plan.

    The model of business plan 

    We start writing a business plan after we have decided to start or go into business such as:
    1. Obtaining all the necessary information.
    2. Making decisions in each question.
    3. Determining what further information needed to be gathered to answer all the questions.

    How To Organize A Business Plan

    A business plan should be organized to:
    1. Carry a cover page.
    2. Table of contents.
    3. Executive summary.
    4. Business Description.
    5. Marketing plan.
    6. Organization plan.
    7. Operational plan.
    8. Financial plan.
    Component (Make Up) Of a Business Plan that every young entrepreneur should put into consideration during his/her business plan:
    1. The executive summary
    2. The objective of your business plan 
    3. Marketing plan 
    4. Over head chargers 
    5. Machinery 
    6. Material 
    7. Flexibility 
    Take your time to review this list and take an in depth evaluation of yourself. According to forbes, Entrepreneur failure is a teacher because “it teaches important lessons about how to be successful”.

    Causes of Entrepreneur Failure: Final Words

    Don’t be discomfited if you are a victim of all these mistakes. The solution now is to try to do something
    about them.

    Failure is normal as an entrepreneur, so if your business fails, it doesn't mean you're a failure but you should try and learn from other famous entrepreneur, know what was their mistakes and avoid them at all cost!.