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10 Microsoft Excel tips & tricks to manage spreadsheets like a pro

Microsoft Excel is an integral business tool. Some people relish the capabilities of Excel, finding it to be a useful tool that allows them to easily manage, report on, and illustrate tables of data. Others, however, find it tedious and are unable to discern what Excel can do for them aside from keep things in neat columns and rows. Whether you’re analyzing huge amounts of data or trouncing timesheet templates, Microsoft Excel management can provide the technological advantage you need to get the job done.

Are you the person who finds it confusing? That’s OK. We have some Excel tips that can make your life with this database multi-tool much easier and more productive. You might even have fun learning some Excel functions along the way. We’ll save you the Google search—read on to discover a list of 10 genius Excel tips and tricks.

10 Excel tips and tricks

There are many versions of Excel, including versions for desktop (Windows, Mac OS X) and mobile (iOS and Android) operating systems. The visuals here are screenshots from the Mac version of Excel. These Excel tips were confirmed to work on a Mac and Windows desktop but may apply to mobile versions as well. This piece also discusses keyboard shortcuts for use in Windows OS. For Mac, replace the Ctrl key with the Command key.

Whether you’re a beginner or looking for ways to create your perfect budget template, these tips can get you on top of your Excel game.

Excel trick 1: Select all cells in a spreadsheet

Do you need to reformat your font or make some other sweeping change to your Excel workbook? Click on the square in the upper left-hand corner to select all the cells in the workbook. You’ll find it where the top of the rows and columns meet. Clicking on this box will highlight all of the cells in the document, even empty cells.

If you prefer keyboard shortcuts, you can also select all cells if you press the Ctrl and A keys (Ctrl + A) at the same time. This is also a great way to format cells at once. Do you have a formula wrong or want to change a whole bunch of cell rules? You can save a lot of time by making all these changes at once using the Select All function.

Pro Excel tip: Use conditional formatting. Conditional formatting in Excel allows you to highlight cells of a certain color, depending on the specified cell value. This is a great option for those who don’t necessarily need the structure of a VLOOKUP but want an organized view into their data sets.

Excel trick 2: Copy a worksheet from one workbook to another

Have you ever been in an Excel file and suddenly realized you need to duplicate one or more large data sets? If you have a ton of formatting, manually entering this data is a nightmare.

This is where copying a worksheet from one workbook (a collection of multiple sheets) to another comes in.

  1. Go to your “source” workbook (the one with the data you want to copy).
  2. Open your “target” workbook (the one you want to copy to). This can be a new workbook or an existing workbook.
  3. In your source workbook, look toward the bottom left-hand corner and find the name of the sheet you want to copy. Unless you’ve changed the name of the worksheet, it should have a name like “Sheet1.”
  4. Right-click on the sheet you want to copy (if you’re on a Mac with a single-button mouse, you may need to hold down the Command key while clicking).
  5. Select “Move or Copy…” from the menu.
  6. From the list, select where you want to move or copy the sheet to. You’ll need to go to the dropdown at the top to see other open workbooks.

  7. Choose the workbook to copy it to and select where in the order of the existing worksheets you want it to be. Alternatively, you can move the worksheet from one workbook to another by dragging it with your mouse. However, it might be safer to copy it, at least until your comfort level with Excel increases.

  8. If you ever have extensive data validation to do and want to avoid botching a formula, try the copying method. It can be a quick and easy way to make a backup workbook.

Excel trick 3: Add multiple rows or columns at once

You might find you need to add multiple rows and columns at one time. For example, let’s say you want to add two rows in the middle of a set of data. You’ll need to:

  1. Select two rows, starting with the row directly below where you want the new rows to appear. (You can choose as many rows as needed. We’re just using two for this example.)
  2. Right-click (PC) or Command-click (Mac) and select Insert from the dropdown menu.
  3. Your new rows will appear above the first row you selected.

Because you’ve highlighted rows, Excel understands that you want to insert rows and will insert the number highlighted. In this example, we’ve highlighted two rows, so two blank rows will appear when you select Insert. If you highlight columns, this trick will work the same way.

Excel trick 4: Filter data

Select the Data tab at the top of the page, then select Filter to give each column its own clickable dropdown menu. The menu will appear on each cell in the first row. Select one, and you can sort data in a variety of ways.

Your new rows will appear above the first row you selected.

Because you’ve highlighted rows, Excel understands that you want to insert rows and will insert the number highlighted. In this example, two rows have been highlighted, so two blank rows will appear when “Insert” is selected. But if you select columns, it will work the same way.

4. Filtering data

By clicking on the “Data” tab at the top of the page then clicking “Filter,” you will give each column it’s own clickable dropdown menu on each cell in the first row. Click one, and you can sort data in a variety of ways.

From the list that appears, you can choose certain values or names. Simply unclick Select All, then click on the names you want. Once you click OK, the dropdown menu will disappear and show you just the names you had selected.

The list has now been truncated to include the values you chose. But as you can see by the circled row numbers, the other data hasn’t been deleted. It is simply “hidden” in this view.

You can easily undo any sorting by clicking on the Filter button at the top and choosing Select All again.

Excel trick 5: Copy figures from one worksheet to another in the same workbook

You can use a figure from one cell on one worksheet in another cell on another worksheet without having to copy and paste it. This is especially handy for calculations where a number might change month to month, but you have one worksheet that figures everything on a year-to-date basis.
The example below shows the first tab of the workbook, which displays year-to-date sales, expenses, and revenue totals.

The second tab is labeled JAN, and the third tab is labeled FEB. To determine the sum, you need to enter the following in the desired cell: =SUM(JAN!B3+FEB!B3). The formula is “WorksheetName!WorksheetCell” without quotations.

Excel trick 6: Copy a formula across rows or down columns

You can copy any formula across a range of cells using your mouse. With the previous formula as an example, it only needs to be input once, in the B2 cell. Once it’s entered, select the cell, then click on the little box that appears in the lower right-hand corner. Drag it across the desired range of cells, and you will populate the range using the same formula.

This copies the formula across the cells but changes the values relative to the new cell’s position. For example, in the B3 cell, the formula will read “=SUM(JAN!B3+FEB!B3)” without quotes. In the C3 cell, the formula will read “=SUM(JAN!C3+FEB!C3)” and so on.

You can do the same thing if you drag the box downward instead of across. This copies the formula into the column. So the B3 column formula will read “=SUM(JAN!B3+FEB!B3)” and the B4 formula will read “=SUM(JAN!B4+FEB!B4)” and so on.

Excel trick 7: Transpose columns and rows

If you need to move preexisting data from columns to rows—or vice versa—don’t despair.

  • Select the data you want to transpose, and copy it (Ctrl C).
  • Select the cell where you want to place the data, then right-click to get the dropdown menu. From that menu, select Paste Special….
  • From the Paste Special menu, click the Transpose checkbox in the lower right-hand corner, then click OK. If you’re working on a Mac, it will look like the following screenshot.
  • The data will flip with rows as columns and columns as rows.

Excel trick 8: Continue a series down a column or across a row

If you’re inputting a numbered list but don’t want to number every row, there’s a quick way to do it in Excel.

  • Start your series of numbers.
  • Next, select the first cell in the list and drag down on the small box in the lower right-hand corner (similar to trick 6). The cells will auto-populate with what Excel believes you’re trying to do. (It can be intuitive and figure out that it’s a numbered list, a set of dates, etc.) But in the case below, you can see that it simply copied a 1 into each cell in the column, and that’s not what we want. So we’re going to need to make some changes.
  • Right click, and a pop-up menu will show “Fill Series” as a second option. Click on that to change the settings. This will adjust the values in the cells so that they become a numbered series. As shown below, the program will make this adjustment for however many cells you have highlighted. So if you want it numbered from 1 to 100, highlight 100 cells.

    Excel trick 9: Highlight a list of numbers to see basic information

    This Excel spreadsheet tip is a favorite of many Excel pros because it’s simple and so helpful, especially when dealing with figures and finances.

    If you highlight a group of figures, Excel will display a few facts about them in the lower right-hand corner. There, you’ll see the number of highlighted cells, the total sum of the cells, and the average of the cells’ values.

    This Excel spreadsheet tip is really handy if you’re looking for a quick total or average without having to enter a formula.

    Excel trick 10: Essential shortcut keys and tips

  • One of the top Excel tips is getting acquainted with shortcuts. Here are some shortcuts that you may not be aware of. Some of these are universal across Microsoft Office products (e.g., Word, PowerPoint, etc.) but are still very helpful when using Excel.
  • Ctrl Z: This command undoes the last action you took in the worksheet. You can use the Ctrl Z keyboard shortcut or the backward arrow in the upper left-hand corner of the Excel window, above the navigation menu.
  • Ctrl Shift up or down arrow: Selects all of the cells directly above (up arrow) or below (down arrow) the selected cell. This only selects cells above and below that have data, so it won’t select empty cells.
  • Shift F11: Creates a new worksheet in your current workbook called “Macro1.” This shortcut is also known as the insert tab shortcut. In Mac OS, you may need to add the Fn key for this shortcut to work.
  • Ctrl Home: Navigates to cell A1.
  • Ctrl End: Navigates to the last cell that contains data.
  • Format Painter: Select the cell whose format you want to copy. Then click on Format Painter (the little paintbrush) in the upper toolbar on the Home tab. Alternatively, you can click on the paintbrush in the pop-up format menu that appears when right clicking, then select the cell you want to format.
  • Pivot table: A pivot table is a concise compilation of your input data, bundled in a visually understandable chart that can help you track and analyze data patterns. Pivot tables are ultra-useful tricks for Excel that effectively render a precise and multifaceted summary of thousands of rows and columns of unorganized data. By using pivot tables, you can organize vast volumes of information into an easily digestible spreadsheet. Use Excel keyboard shortcut Alt+N+V to quickly create a pivot table.

Making a new best friend in Excel

When starting a new business, you probably thought of the real dollar signs you’d work with, not the ones in your data tabs in Excel. But with these Excel tips and some perseverance, you’ll soon be filling those blank cells with data that allows you to quickly analyze your business’s progress. (As an added bonus, you’ll have a new sense of superiority around those new Excel users.)

Your journey toward using Excel and leveling up your management starts with that first column and will go on for years as you learn more advanced Excel functionalities. Now go forth, small business owner, and fill every single cell of your worksheets with reminders that your business exists and you are a rock star!

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This article originally appeared on the Quickbooks Resource Center and was syndicated by MediaFeed.org.

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5 tips for organic business growth

5 tips for organic business growth

It’s no secret that startups have a prodigious failure rate. In fact, according to a recent Entrepreneur.com study, the four-year survival rate for a startup is just 49%.

With demoralizing stats like this in mind, entrepreneurs may be tempted to grow their profits through any means necessary, including inorganic strategies like acquisitions or mergers. However, the truth is that business owners can achieve impressive growth through organic strategies as well, allowing them to retain control of the companies they built from the ground up.

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Also known as “true growth,” organic growth refers to the process of growing a business by reducing costs and increasing sales, either by finding more customers or enhancing output to current clients. On the other hand, inorganic growth occurs when a company merges with or is acquired by a second business. Entrepreneurs should take the time to familiarize themselves with the advantages of organic and inorganic growth, as well as some of the top strategies for execution, so they can decide which is the best choice for their business.

As a new business owner, you’ll likely want to increase profits as quickly as possible. By employing inorganic strategies like mergers and acquisitions, startups can grow their businesses more quickly while taking advantage of resources such as stronger credit lines and expanded market resources. Additionally, joining with another company lets you take advantage of its expertise and experience in the industry to develop your own brand.

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By merging with another business, you agree to hand over some of your control and equity to another company. Not only can your initial vision become diluted, but you may also be forced to take on new business and managerial challenges before you’re truly ready. In some cases, you may have to rush to grow your staff and production capabilities to keep up with demand.

On the other hand, organic growth techniques allow you to grow your business on your own timeline. Because you aren’t sharing control with another company, you can hire employees and expand sales at your own pace. Additionally, entrepreneurs who maintain their autonomy now can sell for a larger profit later when the company is fully developed.

While retaining control of your company offers many advantages over the long haul, it can make business growth challenging in the short term. Some entrepreneurs struggle to grow beyond their current marketplace, while others find themselves cut down by the competition. Additionally, new businesses must often fight to make ends meet from month to month. Fortunately, strategies exist to help startups grow their profits without handing over control to partners or investors.

Here are just a few of those strategies to help you grow your business organically:

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Want to grow a business that will feed your family and employees for years to come? The first step on the road to entrepreneurial success is starting the right kind of company.

With home-based and e-commerce businesses, you can avoid expenses like rent and commuting during the early, lean years of your company. As an added bonus, working out of the home lets you write off parts of your mortgage and electric bill. You can then invest these savings back into the business to help you grow in the long term.

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A common conundrum for new business owners is whether to take your full cut of the profits or invest the money back into your company. While you may be tempted to keep some of those hard-earned dollars for yourself, you should aim to reinvest gross profits whenever possible to help your business grow. Investing your own money shows prospective clients and lenders that you are confident in your company’s long-term potential.

Not sure where to put profits? When in doubt, invest in marketing, SEO and other tactics likely to generate more business for your startup. If your income permits it, you may also want to invest in employee training and technological improvements, as these can yield large profits down the line for your company.

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No matter how happy your current clients are with your offerings, you will have trouble growing your business organically if you don’t put effort into finding new sales channels. If you don’t currently sell your goods online, you should definitely consider starting a website to expand your reach to other regions. Additionally, you can introduce new products, cross-market services to your existing clients and expand to different markets. For example, a company that specializes in SEO may want to expand its services to include social media and search engine marketing.

Finally, business owners should employ market segmentation to customize their strategies according to the specific channels they are leveraging and the specific markets they are trying to reach. This way, you can create unique campaigns based on customer location and demographics and watch your sales rates skyrocket.

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As a new business owner, you may feel the urge to micromanage everything that happens at your company. However, the truth is that macro-management is a far more effective way of enabling organic growth for your startup.

To keep your company moving forward, you should train top employees to take over some of your daily responsibilities. While you may be tempted to keep costs down by hiring employees who will work for less, in the long run these staff members could end up costing you more if their efforts aren’t up to par. Find people you can trust to get the job done—even when you’re not around—so you can focus on growing and developing your business in the years to come.

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From minimizing spending, to reinvesting profits back into the business, organic growth strategies help ensure that you will retain control of the company you worked so hard to build. Do your research, and consider all the growth strategies available in order to give your business the best shot at success.

Do you know how sales taxes are impacting your bottom line? Check out our sales tax calculator.

This article originally appeared in the QuickBooks Resource Center and was syndicated by MediaFeed.org.

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Featured Image Credit: simpson33/ istockphoto.

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