This bullet chart template teaches you how to create a bullet chart from scratch to compare actual versus forecasted performance.
This is what the bullet chart template looks like:
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Bullet Chart is one of the best secret weapons of a world-class financial analyst. The Bullet graph can be used as an alternative to the gauge chart and is excellent for use in dashboards, as well as comparing actual results to forecast. It is one of the most effective types of graphs.
Steps to Build a Bullet Chart (10-step guide)
Step 1 – Input chart data
Step 2 – Insert Stacked Bar/Column Chart
Step 3 – Switch rows and columns if necessary
Step 4 – Delete gridlines and legend
Step 5 – Set “gap width” to 0%
Step 6 – Format the bullet chart area
Step 7 – Recolor the bullet chart
Step 8 – Add data label (and remove others)
Step 9 – Add tick marks (optional)
Step 10 – Bullet chart finishing touches
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