For most people, money makes the world go round and business bears that money. To achieve the ultimate objective of running a business, which is to generate income, businessmen may be willing to do anything. Financially, a surplus in sales or revenues after deducting costs and expenses is called a net profit or income. You are in business and speak about income, no matter what profession, occupation, work, or trade you are in. Taxes are the worst nightmare of all income earners when they earn money. If your business is doing well, you will be subject to income tax.
Although it may appear absurd, the fact of the matter is that you only pay yourself for what you earn. Noncompliance with this would lead to crimes because taxation is a legislative matter. Around the world, this so-called income tax had already produced billions of liars. Some governments imposed taxes that are already excessive and hinder business flow. Others create tax laws that taxpayers are already unable to abide by. However, these facts must not lead to an enormous number of dishonest individuals worldwide.
Nowadays, business ethics are rare. Perhaps this is because, for the majority of people, earning money will come naturally. I don't agree with this. The Greek word ethos, which means "character," and the Latin word mores, which means "customs," are the sources of the word ethics.
According to the Encyclopedia Britannica, ethics is the branch of philosophy that identifies the nature of obligations, or duties, that individuals owe to one another and to themselves, as well as what is best for society and the individual. If you think of profit or income as money, maybe ethics aren't necessary to make money. However, in essence, business is not just about making money.
It is, without a doubt, for profit, but profit is more than just financial gain. We need profit that will do more than just keep our stomachs full. Importantly, we also require profits that will nourish our souls and hearts. Given that we are excellent businessmen, we ought to consider this principle.
To make these substantial profits, we need to practice business ethics. Both the good of the community and our own character virtue require our attention.
Your business is important not only for your physical survival on Earth but also for your spiritual survival. If you had a business, you could help your employees by paying them enough and providing them with other benefits that will improve their lives.
You can be truthful and pay the exact tax to the government, which will eventually use it for the development of your nation. Assuming your government is honest and not corrupt. However, don't be offended by them; be truthful, even if others aren't. Your soul's survival is the topic here, not theirs. You can also help your customers by meeting their needs and making things easy for them.
Customer service is just as important for your business as it is for your customers to trust and stick with you. You make a contribution to the development of your location in terms of buildings and infrastructures if you construct infrastructures for your business.
At the point when you got morals in business, you practice fair business contests. Every business faces the challenge of enhancing the quality of its products and services through fair competition, which ultimately benefits customers.
A good night's sleep is earned by conducting business with a clear conscience. It also means conducting business with joy in your heart. If you conduct business ethically, gratitude will come to you and you will become a stress-free businessman. You will receive these and other spiritual profits immediately, and the good news is that you will not be taxed on them.
You, as an extraordinary businessman, don't just set goals for the next ten years or your entire life. Also, you need to think about eternity and set goals to make money that will help your soul. Profits that will give us eternal life and happiness, profits that will earn us the key to heaven, and profits that will last forever are what you need. Because God is great from the beginning and will never end, these profits will benefit us in the short, medium, long, and eternal ages.
Do business and be a Christian. Building our business in God's place is similar to building it on solid foundations made of solid rocks. We owe our employees the most thanks and kindness because they are our greatest asset.
They will give us a ham sandwich if we give them bread. We owe our customers the most, as they are our primary source of revenue. If we offer them excellent services, high-quality goods, and a competitive price, they will respect and rely on us. Be fair to our rivals because they are our greatest motivators.
We will learn the true meaning of winning if we give them fair game. We should express our gratitude to our All-Powerful Father because He is our best business partner. Serving Him will bring us happiness and tranquility.
