Returns

It was few days ago when I attended the general assembly of the employee’s cooperative of our company. As the bookkeeper of the company, I was tasked to report the statement of financial condition of the company. It was the second assembly and the cooperative’s third year of operation. For me, the cooperative was doing well. It has reached a hundred thousand income for last year. Usually a business will start to gain income on its third to fifth year of operation because usually first to second year are all about capitalizing or incurring pre-operating costs. So a hundred thousand income is already not bad and we cannot deny the fact that nowadays a lot of businesses are shutting down due to recession and mismanagement. Despite of this, there are still coop members who can’t accept this outcome and were not happy about this. Well, we can’t please everyone but it is good that there are these criticisms that will challenge the BOD to aim for higher returns.

Comments

Post a Comment

Popular posts from this blog

Free Saturdays

     I am officially not enrolled for the second semester in my MBA class. Our request to open first semester subjects was not granted by the registrar. This means that I have a lot of free Saturdays wherein I could leisurely stroll wherever I wanted to go. I would still have to follow up my grades in my academic writing subject where writing research papers had been the final output. I am anxiously waiting for the result of it because I am not confident with the output I submitted.      Since I have no class every Saturday, I do not have to worry any academic reports, assignments and other requirements. My Saturday schedule is very much available for any trips or outings with friends and family. There had been a lot of rejection of invites before because of the conflict of schedule with my MBA class.        Now that I am free from academic activities, this Saturday’s planned schedule to have a road trip to the southern part of the Philippines. I was never been there before and
Read more

Six Days From Now

Six days to go and I will be officially resigned from my current job. It has been three years that I had been with the company  that I finally decided that it is time to let it go. There are a lot of things in this world than work. I will only live once and I should do things worth living for. So I will list down the things I will do six days from now of which some of the things work deprived me to do  before. Six days from now I will... ........ read a book ........ finish reading the bible ........ spend more quality time with my husband ........ sleep a lot ........ finish my thesis ........ practice more in driving and get a driver's license ........ lose more weight ........ exercise everyday ........ observe proper diet ........ socialize more ........ communicate more often with my mom and siblings ........ update all my blogs ....... pray more often ....... enjoy a worry-free and stress-free life So basically I will do all the things I wanted to do six days
Read more

Research Paper

Thesis writing is now unstoppable. I am now enrolled in in my Special Problem subject and it would the last phase I needed to complete before I could graduate with my MBA degree. When I started out studying again to attain a MBA degree, I was informed that a special problem, maybe it be thesis, feasibility or case study, is needed to be submitted and get the approval of a panel in a defense inorder for the MBA degree to be given. My initial plan is to conduct a feasibility study on any income generating venture and that is it. Since I stopped and was not enrolled for a year, a new curriculum was implemented and thesis was required for submission before I could graduate. Moreover, if two-three students per special problem output is allowed before, today it is by individual wherein one student, one output. It only means I have to do my thesis on my own. I never tried doing a thesis before and my personal perception to it is that it is very difficult. I have tried doing feasibility stud
Read more