BUDGETING & FINANCIAL MANAGEMENT
Luke 16: 10-12 He who is faithful in what is least is faithful also in much;
and he who is unjust in what is least in unjust also in much. Therefore if you
have not been faithful in the unrighteous mammon, who will commit to your trust
the true riches? And if you have not been faithful in what is another man’s,
who will give you what is your own? Budgeting answers the question of where
will you get the money to operate your business and how you are going to manage
that money. Budgeting is the defender on a soccer team. The defender is careful
not to be caught out of position lest the opposition gain the advantage. In
budgeting, business people must be careful that they have enough financial
resources to enable the business to function and to grow. Budgeting involves
planning and monitoring financial resources and making the necessary changes so
that the team is in position to win the game. RECRUITMENT & PERSONNEL
ADMIN. Exodus 31:1-6 And the LORD spoke unto Moses, saying, See, I have called
by name Bezaleel the son of Uri, the son of Hur, of the tribe of Judah: And I
have filled him with the spirit of God, in wisdom, and in understanding, and in
knowledge, and in all manner of workmanship, To devise cunning works, to work
in gold, and in silver, and in brass, And in cutting of stones, to set them,
and in carving of timber, to work in all manner of workmanship. And I, behold,
I have given with him Aholiab, the son of Ahisamach, of the tribe of Dan: and
in the hearts of all that are wise hearted I have put wisdom, that they may
make all that I have commanded thee. Staffing answers the question of who will
be employed in your business and how will you employ them? Staffing is the
goalkeeper. The goalkeeper is behind all the other players on the team. So, it
is the staff of a business who are behind its success. Being in the right
position is very important for the goalkeeper, so it is important that the
business have people in the right positions. The goalkeeper puts the ball back into
play and can control the pace of the game, slowing it down or speeding it up.
The staff of a business who are properly cared for and receive a good wage will
keep the business moving and productive. Employer-Employee Relationship
Leviticus 19:13 You shall not defraud your neighbour, nor rob him. The wages of
him who is hired shall not remain with you all night until morning. Jeremiah
22:13 Woe unto him who builds his house by unrighteousness, and his chambers by
injustice; who uses his neighbour's service without wages, and gives him
nothing for his work. Proverbs 22:16: He who oppresses the poor to increase his
riches, and he who gives to the rich, will surely come to poverty. Proverbs
22:22-23: Do not rob the poor, because he is poor: nor oppress the afflicted at
the gate: For the LORD will plead their cause, and plunder the soul of those
who plunder them. Employee-Employer Relationship Proverbs 27:18 Whoever keeps
the fig tree will eat its fruit: so he who waits on his master will be
honoured. Titus 2:9 Exhort servants to be obedient to their own masters, to be
well pleasing in all things, not answering back, not pilfering, but showing all
good fidelity, that they may adorn the doctrine of God our Saviour in all
things. Employee-employee relationship Proverbs 30:10: Do not malign a servant
to his master, lest he curse you, and you be found guilty.
The world is an educational institute and EVERYONE living, irrespective of age, race, or social status, is a student. Through this medium, I have the honour of sharing the lessons I'm learning in my evolution as a student in the Institute of Life. The pieces you read here are the products of my personal meditation and the contributions of other people that I have been blessed by. Have a nice time reading and please feel free to respond to them as you deem fit. Welcome to my World!
Followers
Friday, 10 February 2017
Thursday, 9 February 2017
Heavenly Principles of Trading (Part 2)
Planning Proverbs 24:27: Prepare
your outside work, make it fit for yourself in the field; and afterward build
your house. Planning answers the question of ‘where do you want to go and how
are you going to get there?’ Planning is like the mid-fielder on a soccer team.
Planning involves being on the offensive and developing goals so that the
business can win the game. It also involves being on the defensive and
anticipating problems and solving them before they happen. Without this
position on the team, the game will be lost because there is no game plan. As
the saying goes, business people who fail to plan, plan to fail. Timing
Ecclesiastes 3:1 To everything there is a season, a time for every purpose
under heaven. Ecclesiastes 8: 5-6 (NIV) Whoever obeys his command will come to
no harm, and the wise in heart will know the proper time and procedure. For
there is a proper time and procedure for every matter, though a man’s misery
weighs heavily upon him” Managing Matthew 25:20-21 So he who had received five
talents came and brought five other talents, saying, ‘Lord, you delivered to me
five talents; look, I have gained five more talents besides them.’ His lord
said to him, ‘well done, good and faithful servant; you have been faithful over
a few things, I will make you ruler over many things. Enter into the joy of
your lord. Managing answers the question of how you are going to operate your
business and who is going to have control? Managing is like the coach of a
soccer team. The coach has to make sure all the details are taken care of for
the team to get to the game and be ready to play it. He oversees the play and
makes sure the players are healthy and doing what they are all supposed to be
doing. The coach has to be familiar with all the positions on the team and
recommend what should be done to improve performance.
Wednesday, 8 February 2017
Heavenly Principles of Trading (Part 1)
HEAVENLY PRINCIPLES OF TRADING
REFERENCE SCRIPTURE Luke 19:12-13 Therefore He said: “a nobleman went into a
far country to receive for himself a kingdom and to return. So he called ten of
his servants, delivered to them ten minas, and said to them, ‘Do business till
I come.’” THE WORD ON BUSINESS AND CAREER Purpose Proverbs 24:3-4: Through
wisdom (insight about self & the market) a house (business) is built; and
by understanding (exposures & experience) it is established: By knowledge
(information & learning) the rooms (the different arms of the business) are
filled with all precious and pleasant riches. Compared this with how the first
ever and oldest business institution was created: Proverbs 3:19-20 The LORD by
wisdom founded the earth; by understanding He established the heavens; by His
knowledge the depths were broken up, and clouds drop down the dew. Purpose
answers the question “what business am I in and why am I in that business?”
Purpose is like the centre forward of a football team. He sets the direction of
the business. Possession of the ball begins with him. Business people must have
a well-defined purpose for their business that includes not only the type of
business and market but also the area of ministry that can be done through that
business.
Tuesday, 7 February 2017
How to Be Positioned for Success in 2017 and Beyond
“Success is not final, failure is not fatal: it is the courage
to continue that counts.”
Winston Churchill
It is a primordial
instinct for everyone to want to be successful. However, the difference between
those who actually achieve it and does who don’t is their mindset, strategy and
the amount of information they have acquired. Thus, if you desire to be
positioned for success amidst the various challenges in the country, book
your seat immediately at the February edition of ThriVe Academy, where we will be
discussing: How to be positioned for Success in 2017 and Beyond
Date: Friday, February 24th,
2016
Venue: 1A, African
Church Close, off Coker Road, Ilupeju, Lagos.
Time: 4:00pm
Attendance is free for
now, but pre-registration is compulsory. To book your seat, please click www.bit.ly/ThrivewithBabs or call:
+2348110832280, +2348188708026.
WHEN GOD SEEMS SO WICKED OR DOES NOT SEEM TO CARE (PART 3)
THE STORY OF THE FERN AND THE BAMBOO
One day I decided to quit. I wanted to quit my job, my relationship, my
spirituality…I wanted to quit my life. I went to the woods to have one last
talk with God. "God", I said. "Can you give me one good reason
not to quit?" His answer surprised me. "Look around", He said.
"Do you see the fern and the bamboo?" "Yes", I replied.
"When I planted the fern and the bamboo seeds, I took very good care of
them. I gave them light. I gave them water. The fern quickly grew from the
earth. Its brilliant green covered the floor. Yet nothing came from the bamboo
seed. But I did not quit on the bamboo. “In the second year, the fern grew more
vibrant and plentiful. And again, nothing came from the bamboo seed. But I did
not quit on the bamboo. In year three, there was still nothing from the bamboo
seed. But I would not quit. The same was the case in year four. Then in the
fifth year, a tiny sprout emerged from the earth. Compared to the fern, it was
seemingly small and insignificant. But, just six months later, the bamboo rose
to over 100 feet tall! It had spent the five years growing roots beneath. Those
roots made it strong and gave it what it needed to survive.” “I will not give
any of my creatures a challenge it can not handle. Do you know, my child, that
all this time you have been struggling, you have actually been growing roots? I
would not quit on the bamboo. I will never quit on you.” “Don't compare
yourself to others." He said. "The bamboo had a different purpose
apart from the fern. Yet they both make the forest beautiful. “Your time will
come." God said to me, "And you will rise high" "How high
would I rise?" I asked. "How high will the bamboo rise?" He
asked me in return. "As high as it can?" I questioned
"Yes." He said, "Give me glory by rising as high as you
can." I left the forest, realizing that God will never give up on me.
Never regret a day in your life. Good days give you happiness; Bad days give
you experiences; Both are essential to life. If God brings you to it - He will
bring you through it.
Subscribe to:
Posts (Atom)