Prevailing Voice Daily 12th December

PREVAILING VOICE DAILY
12th December
Topic: BALANCING YOUR SHEET
Text. : Matthew 25:14-30
St. Matthew 25:19 After a long time the lord of those servants cometh, and reckoneth with them.
St. Matthew 25:20 And so he that had received five talents came and brought other five talents, saying, Lord, thou deliveredst unto me five talents: behold, I have gained beside them five talents more.
St. Matthew 25:22 He also that had received two talents came and said, Lord, thou deliveredst unto me two talents: behold, I have gained two other talents beside them.
As the year closes, every wise worker or businessman will do proper accounting to evaluate the year. Keeping books and records is the procedure in a structured organization. Everyone who is wise will sit down and evaluate how he has performed in the year.
ITEMS IN YOUR BALANCE SHEET
* Income: what has been my major source of income this year? What is the value of the income? How can I improve on it? Can I have other sources in the coming year?
* Opportunities lost: where have I lost chances of making money? Why did I lose them? What should I have done to make use of the opportunity? What preventive method is available to make use of such opportunity next time?
* Retaining clients or customers: Who improved my business this year? What can I do to retain him or her?
* Expenditures: How did I spend this year? What are the elephant projects this year?
* Bad debts: How do I recover them? How do I avoid such debts?
* Balance brought forward: How much will I carry forward into the year? How do I fund my business in the coming year? How do I increase my capital base?
Keeping such records will help you run your business and finances well in the coming year. Remember not to spend good percentage of your balance carried down on Christmas and New year celebration. God bless you.
PRAYER.
* Lord, bless my source(s) of income
READING THROUGH THE BIBLE (RTB)
Ecclesiastics 9,10
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