Self-Reliance Resources
7: Report


“Keeping Separate My Business and Personal Money: Report,” Starting and Growing My Business for Self-Reliance (2017)

“Keeping Separate My Business and Personal Money: Report”

Report

Maximum Time: 25 Minutes

Have an opening prayer.

Last Week’s Commitments

A. Keep the “My Foundation” commitments.

B. Use a revenue and expense log every day for my business or create a log for a fictitious business.

C. Create an income statement for my business or create a statement for a fictitious business.

D. Review my “Ponder” page and keep the commitment.

E. Contact and support my action partner.

Step 1: Evaluate with Action Partner (5 minutes)

Take a few minutes to evaluate your efforts to keep your commitments this week. Use the “Evaluating My Efforts” chart at the beginning of this workbook. Then share your evaluation with your partner and discuss with him or her the question below.

Discuss:

What challenges did you have with keeping your commitments this week?

Evaluating My Efforts chart

Step 2: Report to the Group (8 minutes)

After evaluating your efforts, come back together as a group and report your results. Go around the group and each state whether you rated yourself red, yellow, or green for each of last week’s commitments. Also state the number of days you practiced each of the key business skills, as reported on the “Evaluating My Efforts” chart.

Step 3: Share Your Experiences (10 minutes)

Now share as a group the things you learned from striving to keep your commitments during the week.

Discuss:

  • What experiences did you have with keeping your “My Foundation” commitments?

  • What did you learn from using an income and expense log and creating a business income statement?

Step 4: Choose Action Partners (2 minutes)

Choose an action partner from the group for this coming week. Generally, action partners are the same gender and are not family members.

Take a couple of minutes now to meet with your action partner. Introduce yourselves and discuss how you will contact each other throughout the week

Action partner’s name

Contact information

Write how and when you will contact each other this week.

Weekly contact schedule