Worst Practices

This site is dedicated to writing down all that the Bible has to say about running a business.  What Christian Business Owners should infer from this is that when the Bible says we should behave in a certain way, we’re really being given a Best Practice.  A “best practice” is often unique to an organization, but is characterized by several components (this is a working definition):

  1. It is the process with the fewest tasks that maintains full customer value
  2. It is a process or decision that directly fulfills one or more of the four core purposes of business – Products, Passions, Profits and Philanthropy.
  3. It is a process or decision that enables the company to fulfill it’s plans with the lowest costs and least effort

When we stray from what the Bible has to say about running our business, we’re engaging in what I would call “Worst Practices” – practices that are sure to bring us additional costs, “fatten up” our processes with unnecessary tasks that do not add to customer value, distract us from fulfilling our plans and generally cause others to wonder if the owner understands – really understands – what s/he is doing.

This section is real world.  It has real world examples of what you should not do as a business owner.  Much of it deals with family owned businesses.  I’ve changed the names, locations and other details to protect the identities involved.

Common Worst Practices

What follows here are some common worst practices that we see on a weekly basis in small businesses.

When family members in a family business confuse their business role during the daytime hours.

Gifting stock to your children at the wrong time and for the wrong reasons.