GUIDELINES FOR

BUSINESS
DEALINGS BETWEEN
MEMBERS OF
THE BCBP

PURPOSE OF THE TALK

This talk will present the guidelines for
business dealings in community
and
the procedures for working out
conflicts between members in
the event problems and differences
arise from such business
relationships.

BASIC GUIDELINE

Basic Dealings for Christians whether

in
community or elsewhere must
always
be based on BIBLICAL

PRINCIPLES
Christians must be careful in how they
conduct themselves in business
because,

As a general rule, BCBP members are advised

not to enter into business relationships

with one another. The community is
created for the purpose of fostering
the spiritual growth of its members,
not for business purposes. However,
in the event such business transactions
are entered into, the guidelines are
presented in this talk.

BIBLICAL PRINCIPLES
*Commitment to serve and love one
another;
*Righteousness;
*Proper Stewardship

COMMITMENT TO LOVE AND SERVE

ONE ANOTHER

*Commitment to love and serve

another takes
precedence over the pursuit of
profit
or economic gain.
*Meet one anothers needs by our
personal
and to look
Phil 2:1-2help and resources
1 Peter 1:22
upon

RIGHTEOUSNESS
*Business Dealings must be conducted in
a righteous, honest and just way;
*Full disclosure of all material facts and
the attendant risks associated with the
proposition;
*Full disclosure of any potential or present
conflicts of interest;
Prov.
Prov.
Prov.
Prov.

Eph. 6:9
10:29 Prov. 16:8
11:28 Romans 12:13Eph. 4:1
13:6 Romans 13:13
15:27 Eph. 4:24

*Submission of Periodic Reports;

*Concomitant responsibility to ask
questions, seek clarifications on
things unclear;
*Document all agreements; and,
*Prudent use of speech

STEWARDSHIP
*A duty to harness, develop and use talents
and
resources entrusted to each one by
the Lord;
*Do ones best in maintaining and
promoting
viability of ones business;
*Exercise sound judgment and discretion;
Luke 19:13-27
*Promote
Collosians 3:23 the common good and serve
Prov. 10:4
each
Prov.
22:29 other.

THE DOS AND

DONTS.
*Always fully disclose the business proposition
to an elder;
*Seek the guidance of the elder BEFORE getting
into business (according to the level of
competence; if not, seek proper advise);
*Leaders must inhibit themselves from business
dealings with members under their care;
*Document all agreements. Actions must be
guided by what has been documented
Hebrew 13:17
1 Peter 5:1-3

THE DOS AND DONTS.

*Spouses must disclose to each other all
business dealings.
* A wife must secure the husbands
consent before entering into a business
relationship;
* Leaders must maintain neutrality &
independence;
*Parties must perform due diligence
before entering any transaction;
*Maintain confidentiality
Eph. 5:22-31
1 Peter 5:1-3

HOW TO WORK OUT

CONFLICTS IN
THE COMMUNITY

WORKING OUT
CONFLICTS
Exert every effort to amicably resolve
conflicts and misunderstanding to
preserve loving personal
relationships in the community and
prevent injury to the body;
Elevate the problem to the proper
authority in the community;
Only as a last resort should court
litigation be pursued; and,
At all times, maintain confidentiality.

SPECIFIC BUSINESS
RELATIONSHIPS

CORPORATE, PARTNERSHIP,
JOINT VENTURES, ETC.
*All possible conflicts of interest must
be
avoided and the members
concern
must fully disclose information to
the
others.
*Decision making is by majority;
*In the case of a dissenting member, a
buy-out should be considered and

SUPPLIER-CUSTOMER
*A supplier of a product or service
must look after the best interest of
his client;
*Discounts to members must not result
in a loss to the supplier;
*A member must give preference to
procuring a product or service from a
fellow member, all things being
equal;
Mat. 22:39
Romans 16:2
2 Cor. 8:13-14
1 John 3:17

EMPLOYER-EMPLOYEE
As an employer, preference should be given
to hiring a member subject of course to all
requirements being met;
The employee-member is expected to
render the same level of performance of
excellence as the business demands from
all other employees;
The employer-member is expected to deal
w/ employees according to Christian
principles in business.
1 Timothy 1:2

BORROWER - LENDER
Avoid borrowing / lending to one
another in the community;
However, in the event such is
necessary, always consult and advise
an elder in the community;
Leaders must never barrow from their
members;
Document the loan;
Faithfully comply with the terms of the
loan.
Romans
13:8

BROKER-CLIENT
A broker-member must always look
after the best interest of his clientmember;
Fully disclose all material facts, risks;
All parties must realize that the broker
does not warrant anything;
Good stewardship must be exercised at
all times.

SUMMARY
Each member must do his best to
safeguard the interest of a fellow
member, especially in the manner of
helping the other grow in maturity and
responsibility.
We all have to conduct ourselves in total
fairness. Faithfulness, honesty, and
loyalty in our business dealings.
We have a duty to harness all of our
talents and resources to grow our
business so that they may be used to
help others and bring glory to God.

IN CLOSING
Gal. 6:10 - So then,
while we have the
opportunity, let us do
good to all, but especially
to those who belong to the
family of the faith.