The Importance of Doing Business with Ethics
Copyright © Craig Warren
For most people, money makes the world go round and
business bears that money. Businessmen will perhaps
do anything just to achieve the ultimate goal of
having a business and that is to earn income. Net
profit or income financially means a surplus of sales
or revenues after deducting costs and expenses. Whether
you are engaged in profession, occupation, work or trade,
you are in business and you speak income. When you earn
an income you suffer taxes, the worst nightmare for every
income earners. Income tax is your punishment of doing
well in business. This sounds ridiculous but this is the
reality, you pay when you earn. Because tax is legislative,
noncompliance to this would results to crimes. This thing
called income tax had already made billions of liars around
the world. Some governments imposed taxes which are
already too much to burden the flow of business. Others
make tax laws that are already beyond the ability of
taxpayers. However, these facts must not result in the
existence of enormous number of dishonest people in the
Ethics in business rarely exists nowadays. Perhaps it is
because for most people, profit will come without the need
of business ethics. This, I don’t agree. The word ethics is
derived from the Greek word ethos, which means “character,”
and from the Latin word mores, which means “customs.”
According to the encyclopedia ethics is the branch of
philosophy that defines what is good for the individual
and for society and establishes the nature of obligations,
or duties, that people owe themselves and one another.
Maybe ethics is not needed to earn profit if you define
profit or income as money. But deeply speaking, business
is not just for money. Yes it is definitely for profit but
profit is not just financial profit. We need profit that
will not just sustain our pocket or our stomach. Significantly,
we also need profits that will feed our hearts and soul.
Considering that we are great businessmen, we should extend
our minds to this principle. We need business ethics to earn
these high valued profits. We must be concerned to the virtue
of our character and to the common good.
Your business is not just for the survival of your life on
Earth but it can also be your road to the survival of your
soul. If you’re in business and had a company, you can help
your employees by providing them enough salaries and other
benefits that will make their lives better. You can be
honest and pay your exact tax for the government who will
eventually use it for your country’s development. Assuming
your government is straight and not corrupt. But don’t mind
them, be honest even others are not. We are talking here
your soul survival and not theirs. You can also serve your
customers by providing them their needs and giving them
convenience. Customer care is so important for your
customers as also important for your business to earn
public trust and loyalty. If you build infrastructures
for your company you contribute to the development of your
place in terms of buildings and infrastructures. When you
got ethics in business you practice fair business competition.
Fair business competition is a challenge for every business
to improve the qualities of their products and services
and the end benefits are to the consumers.
Doing business with clean conscience is doing business with
good night sleeps. It’s also doing business with gladness of
your heart and soul. Gratitude will come to you and you will
become a stress free businessman if you do business with
ethics. These and other spiritual profits will straightly
come to you and the good thing on this is you are not taxed on
this kind of profits. As an extraordinary businessman, you do
not only set your long-term goals for 10 years or for a life
time. You must also consider eternity and set goals to achieve
profits that will benefit your soul. You need profits that last
forever, profits that will give us everlasting life and happiness,
and profits that will earn us the key to heaven. These profits
will benefits us in the short run, midterm run, long run and
eternal run, as God is great from the beginning and unto the
Do business and believe in God. Building our business in Gods
place is like building it in rocks which are in great foundations.
Let us be kind and grateful to our employees as they are our best
assets. Lets give them bread and they will give us a ham sandwich.
Let us have huge care to our customers as they are our best revenue
generators. Lets give them good price, high quality products and
best services and they will give us their respect and loyalty.
Let us be fair to our competitors as they are our great motivators.
Let us give them fair game and they will give us the true meaning of
winning. Let us be thankful to our Father Almighty God as He is our
greatest business partner. Lets serve Him and He will give us joy
and peace of mind.
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