How to change Admin URL Path?

I will show you, how you can change the admin url. Let’s say from ‘admin‘ to ‘administrater‘. So, the new admin URL will be http://www.magento.com/administrater/
Here is how we do it:-
- Open app/etc/local.xml
- Find the following:-
<admin>
<routers>
<adminhtml>
<args>
<frontName><![CDATA[admin]]></frontName>
</args>
</adminhtml>
</routers>
</admin>
- Change
<frontName><![CDATA[admin]]></frontName>
to your desired name. Like below:-
<frontName><![CDATA[administrater]]></frontName>
- Save the file
- Refresh the Cache from Magento Admin (System -> Cache Management)
Now, you should be able to access admin panel from http://www.magento.com/administrater/ instead of http://www.magento.com/admin/