In and out of season

Beating Time.

2 Timothy 4:2.

"Be prepared in and out of season."

Business is not always on the highs and sometimes we relax because of the state of the economy or seasons.

Recently I got a call from a client on Friday that she wants a product for Sunday morning As on Fridays we have to make rounds and check the progress of the week, I scheduled to make it on Saturday.

Come Saturday morning the client was at my door step saying she is here to take the product she ordered. I'm like to her, "No you said you wanted the product Sunday morning". The client was saying no I want it now for 10:00, and that time it's 08:50.

Now it is in this moment that we see what you are really made of and how capable you are of working under pressure.

There I was assembling and making what the client ordered in less than an hour.

It is then very important to be able to bear fruit even in dry, unplanned, short noticed and busy seasons.

In finance we learned about the learning curve that stated that the more one does something the less time they take to do it.

So we need to perfect our service/product delivering processes to be highly effective.

Develop that mind.

Comments

Supply

Supply- supply is the amount of a resource that firms, producers, labourers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or to an individual. Supply can be in produced goods, labour time, raw materials, or any other scarce or valuable object ( WikiPedia) I found this topic to be of great interest in a sense that one can be in and out of business because of a supplier. Demand and supply makes up the foundation of an economy. In business we can have an obstacle of a supplier. Recently I have halted selling a product due to a problem I had with a supplier. The supplier ran out of business and it was difficult to even find another supplier nearby. A supplier can increase prices meaning you also have to increase your prices. This seems simple but it tends to be difficult to maintain one’s clientele in such a situation. This problem of suppliers come with the risk of running a business, one must always be on the look...

Physical efforts

Taking care of your health. When you are in business you are taking care of alot of things and people. One must be both mentally and physically fit to exercise such responsibility. Reading is an exercise for the mind and working out or running is for the body. Business is about trust and how do you trust someone who looks like they are about to give birth? That is unhealthy. Heath concerns me alot and people need to educate themselves about the kind of food they need to eat. A healthy individual will run a healthy business. Physically appearance is everything especially in the service sector. Therefore, be neat, healthy and fit. Exercising for an hour a day will make a whole difference in your life and your business. Develop that mind

Why Recording Transactions is Crucial for Business

Accurate transaction recording is the backbone of any successful business. Whether small or large, businesses must maintain proper financial records to track income, expenses, and financial health. In South Africa, where compliance with tax and financial regulations is crucial, proper bookkeeping ensures smooth operations and legal adherence. Today we explore the significance of recording transactions, the role of source documents, the necessity of securely storing invoices, slips, and bank statements, and what the IFRS for SMEs requires regarding transaction recording. Why Recording Transactions Matters Recording transactions systematically helps businesses in several ways: Financial Accuracy: Ensures businesses track profits and losses accurately. Legal and Tax Compliance: Proper records are essential for SARS (South African Revenue Service) tax filings. Business Decision-Making: Clear financial records help in making informed investment and operational decisions. Fraud P...

Rural Business

Search This Blog