Merry Christmas &Happy New Year

This comes to wish you a merry Xmas and a Happy New Year, 2012. The new year comes with a fresh breath, fresh meaning and i have termed it the year of Beauty, Blessings, Music and yes, taking back that that was lost, that that you had given up on. In this new year, take it back, yo talent, yo love lost, yo hopes and dreams...take them back in 2012. But before then, forgive and forget.

As a business we will be streamlining our business to serve our clientele better, our rebranding to Elle Capital puts us in a new position to manage our business, managing our client's assets, increasing our Assets Under Management (AUM) portifolio, and giving our clients short term finance to enable smoothening of their business. 2011 hasnt been the best of years but we thank God how far we have come...Ebenezar.

There comes a time though, when nothing makes sence except where God is involved, God has blessed us over and over and this new year we launch a ministry, we will call it THE PRAISE CHAPEL, this will also take care of some Gospel Artists with talent.

Industry average and the market Leader

Today i want to share about leverage and industry leadership, yes, i will get to the gospel later. Let me help my business friends here fast...

1 out of six telecoms in Uganda has over 50% market share, 1 other telecom has 80% of the data business. Ok, lets look at our banks...3 out of 27 Banks have 50% of the total bank assets.

Imagine if you are to use industry average to set your new year's target...the market leader will be far....miles away.

In accounting and moreso in Analysis of annual performance, Companies have a tendency to make analysis of annual trends (which is good for internal appraisal) but what they use to guide their new year workplans is the industry average and they tend to get comfortable if slightly above the industry average...well i suggest you drop it (atleast for the new workplans) create a new column (you can name it the elle index) and compare your ratios to the market leader doesnt matter wheather you are market follower, challenger, etc..

The averages have a way of making things look better...i hate average. Have a great year 2012 planning and targeting.

Emmanuel

CEO, Elle Capital.

The Year 2012

I love Christmas, I love new years, why, they bring a fresh beginning, they give us a new start. So before all is said, let me say that i am relishing to begin the new year and its all about Jesus this time round.

I welcome you to share with us and help us do ministry @ TPC i.e the praise chapel and i will be yo host.

Regards,

Merry Christmas and Happy New Year 2012. I am very excited about this...