Categories
Hunting for insights into raw and bulky data is tedious and mentally exhausting.
This is where business graphs and charts come into play.
The visualization designs can help you distill business data into meaningful insights. And this can save tons of hours, which you can use to relax or execute other tasks.
We recommend charts that communicate insights with clarity, especially when creating business stories for investors and stockholders.
Some of the tested and proven business graphs and charts include:
Google Sheets is one of the go-to popular data analysis tools among professionals and business owners worldwide.
But the visualization tool has very basic Treemaps, Area, Progress, Stacked Bar, and Funnel Charts. And this implies you’ve got to invest extra effort and time to edit the charts to align with your needs.
You can download and install a specific add-on in your Google Sheets to access ready-to-use creative data visualization examples (highlighted above).
In most business meetings, charts and graphs are incorporated into data stories.
It could be a chart showing the team’s progress on a big project. Or a graph showing the sales revenue versus competition or industry average.
Business graphs and chart examples, created using data visualization tools, make information much easier to digest and understand. Some of the tested and proven business charts include:
Data visualization graphs are powerful because they simplify business data by making it understandable & readable at the same time.
Besides, they make data stories compelling and irresistible to target audiences. Keep reading because we’ll cover the following in the coming section: the importance of graphs and charts in business such as a Radar Chart.
In today’s world, customers have a broader range of choices.
If your business is aligned with the customer’s desires and expectations, you can easily find yourself in a downward spiral.
As customers navigate their purchasing journey, influenced by a constant influx of new information, their preferences and decisions can shift.
Understanding this dynamic through a detailed customer journey map can help you stay ahead and adapt effectively.
With the vast amount of data, it’s practically impossible for you to make sense of all the changes in the market.
The different types of charts for representing data (which we’ll talk about in a few) provide you with answers about the changing behavior of the market.
You can easily point out significant shifts in tastes and preferences by using charts.
Timely awareness of customer behavior changes can be the decisive factor in the current competitive landscape.
Gone are the days when you could easily sell a standard set of products and services to customers.
Today’s market craves products and services that can meet their individual needs.
One of the benefits of business charts is that they help you keep track of your target market’s tastes, preferences, and needs. You can leverage data from various attributions, such as social media and websites, to create a reliable persona for the market.
Most small and medium-sized businesses (SMBs) are still betting on gut feel rather than facts and data.
One of the key reasons for this could be a lack of access to quality data to back up decision-making processes.
Business graphs and chart examples, such as a Sunburst Chart, can help you distill signals from noise in your raw data. This can save massive amounts of time. Just imagine the competitive advantage you would enjoy by relying on data to make strategic decisions.
Thanks to creative data visualization examples, such as the Progress Bar Chart, you can interpret vast quantities of data clearly and cohesively to draw conclusions and see perspectives.
You can easily create and rapidly consume key metrics associated with your business or workplace.
If any of the aforementioned metrics have anomalies, such as a dramatic decline in sales, you can easily dig into the data using visual tools like a chord diagram example.
In the coming section, we’ll address the following: types of graphs and charts in business.
A waterfall chart visually illustrates how an initial value is affected by a series of positive and negative changes over time or through a process.
These steps can represent various factors such as revenues, expenses, gains, losses, or any other relevant metrics.
The chart helps users understand the overall trend by visually breaking down the contributions of each component to the outcome.
It’s commonly used in financial analysis, project management, and performance evaluation to highlight the sequential impact of different factors on a particular outcome.
Additionally, understanding how to make a graph from a table can be essential for accurately visualizing these trends and their underlying data.
Treemaps (one of the business graphs and charts examples) are ideal for displaying large amounts of hierarchically structured (tree-structured) data.
The space in the visualization is split up into rectangles sized and ordered based on key data points.
The levels in the hierarchy of the Treemap are visualized as rectangles nested in other rectangles. To generate ready-made charts, we suggest you use an intuitive Treemap creator (which we’ll talk about).
Each category in your data is assigned a rectangle area with smaller boxes nested inside of it. A metric in your data is assigned to a category based on its proportion relative to the whole.
Also, the area size of the overall Treemap Chart, similar to a Mekko chart, is the total of its subcategories.
The chart is a more compact and space-efficient option for displaying hierarchical insights into your data.
Area Chart (one of the business graphs and charts examples) uses a combination of color and lines to display trends and patterns insights over time. The visualization design is best suited for displaying patterns and trends of key data points.
Check out more benefits of the chart below:
The Area Chart Google Sheets is ideal for displaying insights into the yearly sales data of a business.
One of the best charts to use to track performance in a specified time is the Area Chart. As we said, the chart is ideal for tracking trends and patterns in a specified period.
Area Charts are effective, especially when comparing two or more metrics in your data.
A Progress Bar Chart is a visualization design that displays the progress made in a task or project. You can use the chart to monitor and prioritize your objectives, providing critical data for strategic decision-making.
Besides, it uses filled bars to display how much of the planned activity or goal has been completed.
The chart is significant, especially in tasks that require continuous monitoring and evaluation. More so, it uses green and red bars to show the growth and decline of a variable under study.
A Stacked Bar Chart is a variant of the bar graphs you can use to compare individual data points relative to aggregate values.
A standard Bar Graph compares individual data points. Conversely, in a Stacked Bar Visualization and Clustered Stacked Bar Visualization (one of the business graphs and charts examples), each bar is divided into several sub-bars stacked end-to-end. More so, each subsection in the bars has the same color. This is to make formatting easier, especially during data storytelling.
The chart takes its name from its shape, which starts with a broad head and ends with a narrow neck. The funnel’s width indicates the number of users at each stage of the process as it narrows.
Funnel charts have a wider variety of uses, especially within the business or sales contexts.
Maximizing sales revenue is one of the common strategic goals businesses pursue. To achieve this, you need to track how a starting set of visitors or users drop out or convert in a sales pipeline.
A Tornado chart can be particularly useful in visualizing this process, highlighting the key stages where drop-offs occur and enabling you to address potential issues effectively.
To get a clear picture of how a sales funnel is performing in revenue generation, you need to visualize data. This will guide you during the optimization stage.
Here’s an interesting fact.
Funnel Chart can be best deployed for high-level insights, especially before diving into an in-depth investigation.
In the coming section, we’ll cover the following: how to create business graphs and charts.
Google Sheets is one of the most-used visualization tools among businesses and professionals worldwide, offering a range of features including the ability to create insightful Box and Whisker plots and many more.
However, this cloud-hosted spreadsheet tool comes with very basic business graphs and charts examples, such as Treemaps, which require a lot of extra work in editing.
We’re not recommending you do away with the spreadsheet app.
You can turn Google Sheets into a data visualization tool loaded with ready-made and visually stunning business graphs and charts, including Mosaic plots, by installing third-party apps, such as ChartExpo.
Why ChartExpo?
ChartExpo is an add-on you can easily install in your Google Sheets.
With a large number of ready-made and visually stunning visualizations, ChartExpo turns your complex, raw data into compelling, easy-to-digest visual renderings that tell the story of your data.
The easy-to-use tool produces simple and clear visualization designs with just a few clicks. Yes, ChartExpo generates Google Sheets charts that are amazingly easy to interpret, even for non-technical audiences.
We’ll use the Progress Bar Chart to display insights into the table below in this section.
| Company | Previous Sale | Current Sale |
| Samsung | 50 | 86 |
| Apple | 64 | 97 |
| Huawei | 52 | 78 |
| LG | 81 | 87 |
| Lenovo | 65 | 79 |
| Motorola | 72 | 85 |
| HTC | 59 | 89 |
| Sony | 84 | 73 |
Install the ChartExpo add-on for Google Sheets from this link and then follow the simple and easy steps below.
Business graphs and charts examples make the information much easier to digest and understand. Some of the tested and proven business charts include:
The aforementioned data visualization designs are straightforward to interpret, even for non-technical audiences.
A business chart is a visual rending you can use to display insights into your data. It’s powerful because it simplifies business data by making it understandable & readable at the same time.
Besides, it makes data stories compelling and irresistible to target audiences.
Fishing for insights into raw and bulky data is tedious and mentally exhausting.
This is where business graphs and charts examples come into play.
These charts can help you distill business data into meaningful insights. And this can save tons of hours, which you can use to relax or execute other tasks.
We recommend charts that communicate insights with clarity, especially when creating business stories for investors and stockholders.
Some of the tested and proven business graphs and charts include:
Google Sheets is one of the go-to popular data visualization tools among professionals and business owners worldwide.
But the visualization tool has very basic Treemaps, Area, Progress, Stacked Bar, and Funnel Charts. And this implies you’ve got to invest extra effort and time to edit the charts to align with your needs.
So, what’s the solution?
Download and install third-party apps, such as ChartExpo, to access ready-to-go business graphs and charts, such as Treemaps.
ChartExpo is an easy-to-use application you can easily download and install in your Google Sheets app. Besides, this tool comes loaded with insightful and ready-made business graphs and charts.
You don’t need programming or coding skills to visualize your data using ChartExpo.
Sign up for a 7-day free trial today to access easy-to-interpret and visually appealing business charts and graphs.
How much did you enjoy this article?
Google Workspace Marketplace provides apps to enhance Gmail, Drive, and Docs. Learn about this tool and how to improve data visualization and analysis.
Google Sheets CRM templates help businesses track contacts, sales, and customer data. Learn their benefits, setup steps, and expert tips to boost efficiency.
A Google Sheets Histogram makes data visualization simple by revealing patterns. Learn how to create, customize, and optimize histograms for better insight.
