Practical Strategies for Operating a Business with Your Faith in Mind

As a Christian business owner, it can be tricky to the navigate the best way to operate your business in honour of Jesus Christ. Doing business God’s way requires well-considered strategies for everything from hiring the right staff, to handling your finances in a way that honours God.

 

General principles for Christian businesses

Christian businesses should be focused on more than the profit motive. Adding value, improving quality of life, and enriching society – these are all ways that businesses can glorify God.

Acting with integrity, trustworthiness, and honesty in your day-to-day operations is essential. Integrity in the Christian sense might mean you act according to what you say you are.

Christian principles can manifest as fair pricing, excellent customer service (Proverbs 22:1), fair treatment of employees, and honesty in advertising. Going the extra mile, as outlined in Colossians 3:23 (“doing it heartily”) is a reflection of the Christian spirit. Proverbs 22:29 suggests we should work diligently and skilfully.

General excellence in your products and services reflects what’s said in Titus 3:8: “those who have trusted in God may be careful to devote themselves to doing what is good. These things are excellent and profitable for everyone.” Review all your processes and policies, and make sure they conform to these important Christian principles.

Research shows that Christian businesses could encourage employees to be less fearful and more committed. Working these general principles into everything, from operations to long-term strategy, could help you celebrate God more easily in your day-to-day working life. The result could be a more successful, rewarding workplace for both you and your employees.

 

Hiring the right staff and being committed to your team

Finding employees with similar beliefs is important. Look for employees who are dedicated to excellence and quality, and who have the right skills to deliver the high standards expected of your organisation.

Once you’ve hired right, you need to show commitment to your people (Colossians 4:1). Provide staff members with fair compensation, training, and growth opportunities. Give employees the feedback they need to improve and grow. Communicate to staff that they’re serving Jesus as they work (Colossians 3:22-24). Ensuring your default super fund is an ethical fund like Christian Super is also vital.

Set an example as a leader by being the best and doing the best. As Matthew 10:25 says, “It is enough for students to be like their teachers, and servants like their masters.”

 

Handling finances

When it comes to handling finances as a Christian business, it’s useful to recall several passages from the Bible.

“The rich rule over the poor, and the borrower is slave to the lender.” (Proverbs 22:7)
“But love your enemies, do good to them, and lend to them without expecting to get anything back. Then your reward will be great, and you will be children of the Most High, because he is kind to the ungrateful and wicked.” (Luke 6.35)

The first passage suggests you shouldn’t borrow to fund your business unless you want to be in bondage. The second passage can be interpreted to say it’s fine to make loans, but only if you view them as gifts.

Christian principles relating to ethics and diligence suggest you should manage your business assets with diligence, acting in accordance with moral concepts such as honesty, integrity, and fair pricing. Make sure your business’s financial records are comprehensive, act with transparency, and manage money responsibly.

 

Dealing with problematic situations

Problematic situations can arise for any business. These include challenges to integrity, finances and resource limitations, as well as customer loyalty to your brand.

Integrity – Maintaining your integrity can be a daily challenge. Avoid cutting corners and ensure you are opaque on the issues customers should know about. When you start compromising on integrity, you can be at risk of eroding customer trust. Commit your organisation and your teams to finding ethical solutions to common daily challenges.

Financial management – Focus on cash flow management and avoid spending beyond your means. Avoid borrowing to finance your Christian business, and instead look for alternatives such as equity if you need more capital to expand. Seek financial advice on managing your business assets.

Brand loyalty – Competition can mean it’s a challenge to maintain your brand loyalty. Look for cost-effective channels such as social media to boost customer connections. Explore creative ways to keep customers engaged and interested.

Regulation and compliance – The Christian principles of diligence and integrity suggest you need to ensure your organisation reflects high compliance standards. In many industries, regulations are constantly changing, so you’ll need to be adaptable and receptive to making the right internal changes. Staying compliant is important for not only being on the right side of the law and risk management, but also for your business reputation.

 

Keeping God at the forefront of your organisation

As a Christian business owner, you’ll want to operate your business with the same high-level principles that you live by in your private life. Integrity, fairness, and honesty are essential general principles to operate by daily. Treating your employees fairly and avoiding loans are also key concepts for Christian organisations. By staying faithful to Christian ideals and teaching, your business will be glorifying God’s principles as a genuine Christian enterprise. If you’d like to find out more about arranging ethical super for your employees, contact us today.

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