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Showing posts with the label Financial management

Analyzing Business Performance: A Practical Approach with Real Examples

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In today’s competitive economy, every business—large or small—must regularly assess its performance to ensure it remains profitable, efficient, and sustainable. Business performance analysis helps companies identify strengths, weaknesses, and opportunities for improvement. Below is a practical guide on how to analyze business performance using real Malawian examples. 1. Financial Performance Financial performance reveals whether a business is making profit and growing sustainably. Key indicators include revenue growth, profit margins, return on investment (ROI), and cash flow. Example: If Shoprite Malawi reports MK10 billion in revenue this year compared to MK8 billion last year, it shows a 25% increase. However, if net profit declines due to high operating costs, the company needs to address expense management despite strong sales. 2. Customer Performance Customers determine the survival of any business. Measuring customer satisfaction, retention, and acquisition helps assess brand lo...

HOW TO STRATEGICALLY PRAY FOR FINANCIAL BREAKTHROUGH

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  The natural thing for people to do when they are suffering is to concentrate on what is going on and feel sorry for themselves .  Even when they pray they are just praying for God to do "anything " for relief. This applies to all areas of our lives but let us talk about finances .  Many people are struggling financially but praying for God to do just anything . For some, there is a sense that life is unfair . We are praying emotionally.  But we serve a very specific God. Jesus would ask, " what do you want me to do for you?' " .   Because what you specifically ask, God will do. You must be specific.  God does what you ask. And if you ask vaguely  you limit yourself.  In fact the Bible says a double minded man will get nothing from the Lord, so be focused : “But let him ask in faith, with no doubting, for the one who doubts is like a wave of the sea that is driven and tossed by the wind. For that person must not suppose that he will receive ...